Oct 13 close Sign in

Healthcare

Amgen (AMGN)

In the Nasdaq-100.

Your signal

Buy72 / 100

Buy: 72 is at or above your Buy line of 60. Trend (+13% vs 200-day) scores 79 and lifts it; Plays in (62%) scores 62 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightAMGNPointsWeightAdds
Plays in62%624024.8
Off the high−7% from its 1-year high773023.1
Trend+13% vs 200-day793023.7
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for AMGN
FactorAMGNPointsWhat it is
Plays in62%62The share of the plays you count that hold it now.
Analysts' upside−4% · 29 analysts22How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating2.6 · hold18The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E25.7×49Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: SEC filings to 2026-06-30.
Forward P/E16.9×45Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG2.4524P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales5.9×30Market value over the last 12 months' revenue. Lower ranks higher. Source: SEC filings to 2026-06-30.
Price to book19.1×6Price over book value (assets minus debts) per share. Lower ranks higher. Source: SEC filings to 2026-06-30.
Dividend yield1.8%46Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: SEC filings to 2026-06-30.
Earnings growth+31%61Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Revenue growth+9%36Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-06-30.
Profit margin23%73Net profit as a share of revenue. Higher ranks higher. Source: SEC filings to 2026-06-30.
Return on equity75%96Profit as a share of shareholders' equity. Higher ranks higher. Source: SEC filings to 2026-06-30.
Debt to equity4.90×2Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: SEC filings to 2026-06-30.
Off the high−7% from its 1-year high77How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend+13% vs 200-day79How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum+45%75The price change over the last 12 months. Higher ranks higher.
Low crash exposure3/10 · moderate70The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on AMGN

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in62 / 100Every play Be The Puck tests, in 7 families.
Crash exposureModerate3 of 10 on the storm testMayer Multiple1.13×Price ÷ its 200-day average (+13%). Higher than on 83% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about AMGN now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

AMGN, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved AMGN lately

Its 2 biggest moves against the S&P 500 in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Tue Sep 22+4.3% against the S&P 5002.0× a normal day

AMGN +4.3%, the S&P 500 0.0% that session; +7.4% against the S&P 500 over five sessions.

No earnings report, rating change, 8-K filing or news story on AMGN was found for this session. Be The Puck's headline archive for AMGN starts Oct 1, so news stories from that day aren't in it. The S&P 500 moved 0.0%. The 17 other Healthcare stocks Be The Puck covers moved +1.6% on average, so most of the move was its own.

Tue Sep 8−9.5% against the S&P 5005.3× a normal day

AMGN −10.1%, the S&P 500 −0.6% that session; −11.5% against the S&P 500 over five sessions.

  • DowngradeAnalyst rating · Sep 8, 8:14 am ET

    BMO Capital downgraded it to Market Perform from Outperform. Target $450, from $450.

    After downgrades, stocks did worse than their index at the first close after the news 78% of the time (497 of 636 on 155 stocks; median move −1.4%). High predictability

    AMGN after downgrades: behind its index at the first close after the news 3 of 5 times (median −1.7%).

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on AMGN

All 100 plays, by family.

Calls right: how often the play's calls on AMGN went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyINOct 7, 2026 −0.1%Exit below $409.03 (−0.9%)29% 176/612+3.1% / +11.0%−44.8% / −53.6%
Bull Market Support BandBenjamin Cowen · weeklyINJun 26, 2026 +15.9%Exit below $388.03 (−6.0%)18% 26/142−0.4% / +11.0%−58.9% / −53.6%
Ripster EMA CloudRipster · dailyINSep 22, 2026 +0.6%Exit below $403.38 (−2.3%)23% 91/402+1.0% / +11.0%−56.1% / −53.6%
Trend TemplateMark Minervini · dailyINOct 9, 2026 −0.5%Exit below $413.09 (+0.1%)13% 22/165−0.9% / +11.2%−45.3% / −53.6%
Stage AnalysisStan Weinstein · weeklyINJun 26, 2026 +15.9%Exit below $370.56 (−10.2%)13% 14/108−1.3% / +11.0%−57.8% / −53.6%
Stage 2 + Mansfield RSStan Weinstein · weeklyINJun 26, 2026 +15.9%Exit below $388.63 (−5.9%)20% 20/98+2.3% / +11.0%−47.2% / −53.6%
10-Month SMAMeb Faber · month-endINOct 31, 2025 +42.2%Exit below $370.67 (−10.2%)22% 13/58+1.6% / +11.0%−60.0% / −53.6%
200-Day RulePaul Tudor Jones · dailyINOct 1, 2025 +42.1%Exit below $364.25 (−11.8%)10% 26/260−0.3% / +11.0%−67.4% / −53.6%
Golden CrossMarket tradition · dailyINNov 6, 2025 +34.4%Not on one close23% 11/47+2.6% / +11.0%−66.8% / −53.6%
Granville 200-DayJoseph E. Granville · dailyINOct 1, 2025 +42.1%Exit below $364.25 (−11.8%)10% 20/193−0.7% / +11.0%−70.3% / −53.6%
Hull Moving AverageAlan Hull · weeklyOUTSep 18, 2026 +7.1%Enter above $434.39 (+5.2%)42% 62/147+5.3% / +11.0%−43.9% / −53.6%
Kaufman Adaptive MAPerry J. Kaufman · dailyINOct 9, 2026 −0.5%Exit below $410.91 (−0.5%)26% 194/740+3.9% / +11.0%−36.6% / −53.6%
TEMA CrossoverPatrick G. Mulloy · dailyOUTSep 3, 2026 −7.0%Enter above $421.28 (+2.0%)45% 97/217+13.3% / +11.0%−40.3% / −53.6%
Seykota 15/150Ed Seykota · dailyINOct 6, 2025 +44.3%Not on one close18% 7/40+4.7% / +11.6%−55.2% / −53.6%
Guppy Multiple MAsDaryl Guppy · dailyINSep 29, 2026 −2.5%Exit below $381.44 (−7.6%)27% 43/160+0.9% / +11.0%−48.3% / −53.6%
Ichimoku CloudGoichi Hosoda · dailyINJun 11, 2026 +17.3%Exit below $397.53 (−3.7%)31% 40/128+3.1% / +11.0%−45.6% / −53.6%
SupertrendOlivier Seban · dailyINSep 22, 2026 +0.6%Exit below $393.88 (−4.6%)34% 54/160+3.4% / +11.0%−52.5% / −53.6%
Williams AlligatorBill Williams · dailyOUTOct 8, 2026 +1.3%Not on one close38% 116/305+2.2% / +11.0%−34.9% / −53.6%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyINSep 28, 2026 −1.3%Exit below $401.03 (−2.9%)38% 176/468+7.2% / +11.0%−35.9% / −53.6%
AroonTushar S. Chande · dailyINOct 13, 2026 0.0%Exit below $374.46 (−9.3%)43% 95/220+6.5% / +11.0%−41.4% / −53.6%
Parabolic SARJ. Welles Wilder Jr. · dailyOUTOct 6, 2026 +2.5%Enter above $423.10 (+2.5%)40% 196/487+6.0% / +11.0%−31.4% / −53.6%
ADX TrendJ. Welles Wilder Jr. · dailyOUTOct 5, 2026 +2.4%Enter above $586.76 (+42.1%)29% 53/182+0.3% / +11.0%−34.0% / −53.6%
MACD Zero LineGerald Appel · dailyINSep 29, 2026 −2.5%Exit below $387.58 (−6.1%)32% 64/198+3.7% / +11.0%−47.8% / −53.6%
Zweig 4% ModelMartin Zweig · weeklyINSep 25, 2026 −0.4%Exit below $398.27 (−3.5%)37% 70/190+3.2% / +11.0%−49.5% / −53.6%
MAMA/FAMA CrossJohn F. Ehlers · dailyINOct 9, 2026 −0.5%Exit below $314.50 (−23.8%)36% 84/236+4.4% / +11.0%−38.1% / −53.6%
Schaff Trend CycleDoug Schaff · dailyINSep 25, 2026 −0.4%Exit below $401.96 (−2.6%)38% 84/224+7.3% / +11.0%−33.3% / −53.6%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyINSep 28, 2026 −1.3%Exit below $385.73 (−6.6%)34% 59/176+3.4% / +11.0%−52.7% / −53.6%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyINJun 12, 2026 +16.9%Exit below $310.33 (−24.8%)28% 31/112+3.3% / +11.0%−50.9% / −53.6%
Elder Triple ScreenAlexander Elder · dailyOUTSep 4, 2026 −5.6%Not on one close38% 77/201+6.0% / +11.0%−24.8% / −53.6%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyINSep 25, 2026 −0.4%Exit below $398.52 (−3.5%)17% 7/41+0.5% / +11.0%−32.4% / −53.6%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTSep 8, 2026 +5.0%Enter above $426.59 (+3.3%)40% 55/137+5.8% / +11.0%−39.1% / −53.6%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTSep 8, 2026 +5.0%Enter above $447.03 (+8.3%)30% 42/141+2.1% / +11.0%−42.5% / −53.6%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTSep 8, 2026 +5.0%Enter above $447.03 (+8.3%)27% 31/115+1.0% / +11.0%−48.0% / −53.6%
Clenow TrendAndreas F. Clenow · dailyOUTSep 8, 2026 +5.0%Enter above $444.12 (+7.6%)26% 31/118+0.0% / +11.0%−47.9% / −53.6%
Darvas BoxNicolas Darvas · dailyINSep 22, 2026 +0.6%Exit below $396.01 (−4.1%)42% 45/108+3.2% / +11.0%−40.4% / −53.6%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTSep 8, 2026 +5.0%Enter above $433.85 (+5.1%)34% 47/139+3.9% / +11.0%−22.0% / −53.6%
Bollinger BreakoutJohn Bollinger · dailyOUTSep 8, 2026 +5.0%Enter above $433.15 (+4.9%)39% 80/207+5.7% / +11.0%−34.6% / −53.6%
Chandelier ExitChuck LeBeau · dailyOUTSep 8, 2026 +5.0%Enter above $423.64 (+2.6%)41% 77/187+5.1% / +11.0%−45.3% / −53.6%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyINSep 22, 2026 +0.6%Exit below $393.72 (−4.6%)35% 65/184+2.5% / +11.0%−59.3% / −53.6%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyINJun 26, 2026 +15.9%Exit below $372.78 (−9.7%)34% 21/62+4.7% / +11.0%−42.3% / −53.6%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyINOct 9, 2026 −0.5%Exit below $411.50 (−0.3%)29% 94/322+4.2% / +11.0%−46.1% / −53.6%
Acceleration BandsPrice Headley · dailyOUTAug 27, 2026 −5.5%Not on one close34% 61/180+3.5% / +11.0%−14.2% / −53.6%
TTM SqueezeJohn F. Carter · dailyOUTAug 27, 2026 −5.5%Not on one close40% 54/134+4.4% / +11.0%−22.2% / −53.6%
NR7 BreakoutToby Crabel · dailyOUTOct 1, 2026 +1.4%Enter above $417.76 (+1.2%)35% 224/647+5.2% / +11.0%−28.8% / −53.6%
Bollinger SqueezeJohn Bollinger · dailyOUTAug 1, 2022 +91.5%Not on one close32% 11/34+3.0% / +11.0%−13.1% / −53.6%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endINNov 28, 2025 +21.9%Exit below $301.10 (−27.1%)33% 14/43+4.6% / +11.2%−51.1% / −53.6%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endINNov 28, 2025 +21.9%Not on one close39% 16/41+6.4% / +11.2%−44.5% / −53.6%
Dual MomentumGary Antonacci · month-endINJun 30, 2026 +14.7%Exit below $334.80 (−18.9%)30% 13/43+3.0% / +11.2%−48.8% / −53.6%
Stocks on the MoveAndreas F. Clenow · dailyINJul 15, 2026 +15.9%Exit below $384.08 (−7.0%)18% 30/168+0.7% / +11.0%−52.0% / −53.6%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endINNov 28, 2025 +21.9%Exit below $377.50 (−8.6%)25% 5/20+4.6% / +11.0%−52.0% / −53.6%
Levy Relative StrengthRobert A. Levy · weeklyINSep 18, 2026 +7.1%Exit below $388.50 (−5.9%)26% 31/120+3.9% / +11.0%−43.6% / −53.6%
MACD Signal CrossGerald Appel · dailyINSep 24, 2026 +1.7%Exit below $399.88 (−3.1%)37% 154/420+8.3% / +11.0%−35.9% / −53.6%
Elder ImpulseAlexander Elder · dailyINOct 7, 2026 −0.1%Exit below $410.21 (−0.6%)33% 232/700+5.2% / +11.0%−46.7% / −53.6%
Know Sure ThingMartin J. Pring · dailyINSep 30, 2026 −2.1%Exit below $346.28 (−16.1%)43% 128/300+10.6% / +11.0%−41.6% / −53.6%
Coppock CurveEdwin S. C. Coppock · month-endINNov 28, 2025 +21.9%Not on one close62% 8/13+11.1% / +10.7%−31.5% / −47.8%
CCI +100Donald R. Lambert · dailyOUTAug 27, 2026 −5.5%Enter above $423.74 (+2.6%)32% 181/566+5.1% / +11.0%−41.0% / −53.6%
TRIX Signal CrossJack K. Hutson · dailyINOct 1, 2026 +1.4%Exit below $323.82 (−21.6%)44% 108/248+11.5% / +11.0%−42.4% / −53.6%
TSI Zero LineWilliam Blau · dailyINSep 29, 2026 −2.5%Exit below $387.63 (−6.1%)32% 63/196+3.3% / +11.0%−47.8% / −53.6%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endINJun 30, 2026 +14.7%Exit below $394.08 (−4.5%)33% 34/102+2.8% / +11.2%−45.0% / −53.6%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endINNov 28, 2025 +21.9%Not on one close39% 13/33+6.8% / +11.8%−35.7% / −42.9%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyINNov 28, 2025 +21.9%Not on one close44% 19/43+7.2% / +11.2%−35.7% / −53.6%
PMO Signal CrossCarl Swenlin · dailyINOct 9, 2026 −0.5%Exit below $405.85 (−1.7%)38% 109/290+12.6% / +11.0%−34.0% / −53.6%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyOUTNov 6, 2025 +34.4%Not on one close69% 34/49+7.9% / +11.0%−32.7% / −53.6%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTOct 7, 2026 −0.1%Buy $364.25–$398.19 (−3.5%)58% 201/344+2.8% / +11.0%−29.6% / −53.6%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTOct 9, 2026 −0.5%Buy $364.25–$402.60 (−2.5%)58% 224/388+0.4% / +11.0%−50.8% / −53.6%
Bollinger ReversionJohn Bollinger · dailyOUTSep 22, 2026 +0.6%Buy below $381.64 (−7.6%)63% 126/200+6.3% / +11.0%−25.2% / −53.6%
Stochastic 20/80George C. Lane · dailyOUTOct 1, 2026 +1.4%Not on one close66% 116/176+9.4% / +11.0%−29.6% / −53.6%
Williams %RLarry Williams · dailyOUTOct 1, 2026 +1.4%Not on one close63% 176/280+4.9% / +11.0%−44.8% / −53.6%
DeMark 9-CountTom DeMark · dailyOUTJul 7, 2026 +12.8%Not on one close65% 52/80+8.4% / +11.0%−43.1% / −53.6%
Mayer MultipleTrace Mayer · dailyINNov 22, 2004 +924.6%Sell above $880.40 (+113.3%)–+11.0% / +11.0%−53.6% / −53.6%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTSep 18, 2026 +7.1%Not on one close50% 7/14+2.3% / +11.0%−4.6% / −53.6%
Laguerre RSIJohn F. Ehlers · dailyINOct 9, 2026 −0.5%Not on one close50% 161/320+7.0% / +11.0%−45.5% / −53.6%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyOUTOct 1, 2026 +1.4%Not on one close54% 226/416+1.5% / +11.0%−53.9% / −53.6%
IBS ReversionAlexander S. Pagonidis · dailyINOct 13, 2026 0.0%Sell above $412.84 (0.0%)57% 968/1713+3.7% / +11.0%−34.0% / −53.6%
Connors %bLarry Connors & Cesar Alvarez · dailyINSep 10, 2026 +7.9%Sell above $421.68 (+2.1%)51% 58/113+4.2% / +11.0%−25.4% / −53.6%
Fisher TransformJohn F. Ehlers · dailyINOct 12, 2026 −1.1%Exit below $398.71 (−3.4%)40% 408/1029+5.7% / +11.0%−44.6% / −53.6%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINSep 30, 2026 −2.1%Sell above $430.01 (+4.2%)56% 70/125+5.7% / +11.0%−30.8% / −53.6%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyOUTOct 13, 2026 0.0%Not on one close24% 190/801+2.2% / +11.0%−49.4% / −53.6%
Chaikin Money FlowMarc Chaikin · dailyINOct 7, 2026 −0.1%Not on one close39% 88/228+1.9% / +11.0%−49.7% / −53.6%
Money Flow IndexGene Quong & Avrum Soudack · dailyINMar 23, 2026 +19.6%Not on one close64% 25/39+8.3% / +11.0%−31.3% / −53.6%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyOUTSep 4, 2026 −5.6%Not on one close39% 53/135+10.7% / +11.1%−32.0% / −53.6%
Force IndexAlexander Elder · dailyINOct 9, 2026 −0.5%Exit below $411.03 (−0.4%)30% 210/710+3.5% / +11.0%−45.6% / −53.6%
Buff AveragesBuff Dormeier · dailyINSep 25, 2026 −0.4%Exit below $376.02 (−8.9%)33% 118/354+4.9% / +11.0%−44.6% / −53.6%
Chaikin OscillatorMarc Chaikin · dailyINSep 21, 2026 +5.0%Not on one close35% 217/616+1.6% / +11.0%−60.3% / −53.6%
Volume Flow IndicatorMarkos Katsanos · dailyINSep 23, 2026 +1.7%Not on one close32% 43/136+2.3% / +11.0%−53.0% / −53.6%
Klinger OscillatorStephen J. Klinger · dailyOUTOct 5, 2026 +2.4%Not on one close39% 359/923+7.6% / +11.0%−41.6% / −53.6%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyOUTAug 3, 2026 +9.6%Not on one close41% 57/138+3.3% / +11.0%−39.8% / −53.6%
HikkakeDaniel L. Chesler · dailyINJul 16, 2026 +11.8%Exit below $351.90 (−14.8%)36% 33/91+4.7% / +11.0%−32.5% / −53.6%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTOct 6, 2025 +44.3%Not on one close35% 28/80+0.9% / +11.0%−15.7% / −53.6%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 +20.8%Buys Oct 3037% 16/43+1.2% / +11.0%−61.3% / −53.6%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyINOct 7, 2026 −0.1%Window opens Apr 143% 19/44+1.4% / +11.0%−61.9% / −53.6%
Seasonal TimingSy Harding · dailyOUTApr 27, 2026 +23.0%Window opens Oct 1642% 18/43+1.9% / +11.0%−63.6% / −53.6%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 +31.4%Buys Dec 2345% 20/44+2.4% / +11.0%−6.2% / −53.6%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 +2.4%Buys Oct 2950% 263/526+4.3% / +11.0%−34.7% / −53.6%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 −2.1%Sells Jun 3036% 4/11+0.4% / +11.0%−30.9% / −53.6%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −5.6%Buys Nov 2451% 203/400+1.9% / +11.0%−15.1% / −53.6%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +76.5%Not on one close40% 8/20+6.2% / +11.0%−49.4% / −53.6%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 12, 2026 −1.1%Sells Oct 1651% 1169/2284+5.2% / +11.0%−49.7% / −53.6%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 +9.7%Buys Oct 2744% 154/348+0.7% / +11.0%−17.2% / −53.6%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 +2.4%Sells Oct 1652% 280/541+6.6% / +11.0%−28.5% / −53.6%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINJan 3, 2005Always in–+11.0%−53.6%

If the market cracks: the storm test

How the storm test works
ExposureModerate3 of 10 points
  • Market swings0/3
  • Past crashes0/2
  • Debt3/3
  • Run-up0/2
  • It carries 6.6× as much debt as equity.

Past crashes, peak to low

Financial crisis Oct 2007 to Mar 2008 · back to its old high Jul 2008

AMGN−30%
S&P 500−57%

COVID crash Feb 2020 to Mar 2020 · back to its old high Apr 2020

AMGN−18%
S&P 500−34%

2022 bear market Jan 2022 to Feb 2022 · back to its old high Feb 2022

AMGN−2%
S&P 500−25%
  • Beta0.41Moves about 0.4× as much as the S&P 500 week to week.
  • Downside capture−12%In months the S&P 500 fell, this fell -12% as much on average (it often rose anyway).
  • Two-year change+34%
  • From 52-week high−7%
  • Debt to equity6.62×
  • Net debt / EBITDA2.5×Years of operating cash earnings it would take to pay off its debt.
  • Interest cover4.3×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Drug Manufacturers - General · Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide.

Size and valuation
Market cap$223BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)$38.1BTotal sales. The market values it at 5.9× sales.
P/E ratio25.7×Buyers pay $26 for each $1 of the last year's profit.
Forward P/E16.9×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book19.1×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin23.0%Keeps 23¢ of each dollar of sales as profit.
Revenue growth+9.1%The last four quarters' sales against the four before.
Earnings growth+31.5%Same comparison for profit.
Return on equity74.8%Yearly profit as a share of shareholders' money in the business.
Free cash flow$8.6BCash left after running and investing in the business.
Balance sheet
Total equity$8.7BWhat it owns minus what it owes.
Total debt$57.3BLoans and bonds it has to pay back, with interest.
Cash$14.0BCash and short-term investments on hand.
Debt to equity6.62×Above about 1.5× is heavily borrowed; above 3× is fragile in a downturn.
Interest cover4.3×Interest is easily paid from profit.
Wall Street
Average analyst target$394.774% below the close, from 29 analysts (range $225.00 to $500.00).
Consensus ratingHoldAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield1.76%Yearly dividends as a share of the price.

P/E, price to sales and book, growth, margin and return on equity from the company's SEC filings for the quarter to 2026-06-30; other company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

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