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Amgen (AMGN) Lifted 2026 Guidance, Is The Valuation Still Too Rich?
Simply Wall St.9h agoneutral
Amgen (AMGN) Lifted 2026 Guidance, Is The Valuation Still Too Rich?

How Amgen’s latest earnings event sets the stage for investors Amgen (AMGN) just released its second quarter 2026 results, reporting revenue of US$10.05b and net income of US$2.38b, alongside updated full year guidance that gives investors fresh numbers to work with. For the first half of 2026, Amgen reported revenue of US$18.67b and net income of US$4.19b. Basic earnings per share from continuing operations were US$7.77, with diluted EPS at US$7.71 for the period. The company now expects...

Amgen (AMGN) Faces Patient Data Breach And Tavneos Review Risk
Simply Wall St.13h agoneutral
Amgen (AMGN) Faces Patient Data Breach And Tavneos Review Risk

Amgen (NasdaqGS:AMGN) has reported a major cybersecurity breach that exposed sensitive patient health information. At the same time, regulators are reviewing the clinical data supporting its rare inflammatory disease drug Tavneos, following the retraction of a pivotal publication. Together, the data breach and questions over Tavneos data raise regulatory, reputational, and operational risks for Amgen. Amgen is a large biopharmaceutical company with a broad portfolio of therapies, including...

Amgen Q2 Earnings Call Highlights
MarketBeat18h agoneutral
Amgen Q2 Earnings Call Highlights

Amgen (NASDAQ:AMGN) reported second-quarter revenue above $10 billion, up 10% from a year earlier, as growth across several key medicines offset competitive pressure on its bone-health franchise. The company raised its full-year revenue and adjusted earnings outlook while continuing to increase spen

Amgen (NASDAQ:AMGN) Delivers Strong Q2 CY2026 Numbers, Guides for Strong Full-Year Sales
StockStory19h agoneutral
Amgen (NASDAQ:AMGN) Delivers Strong Q2 CY2026 Numbers, Guides for Strong Full-Year Sales

Biotech company Amgen (NASDAQ:AMGN) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 9.5% year on year to $10.05 billion. The company’s full-year revenue guidance of $38.8 billion at the midpoint came in 2.8% above analysts’ estimates. Its non-GAAP profit of $6.29 per share was 12% above analysts’ consensus estimates.

Jobs Numbers, SpaceX Earnings: What to Watch This Week
The Wall Street Journal2d agoneutral
Jobs Numbers, SpaceX Earnings: What to Watch This Week

The monthly jobs report comes out Friday. Before that, Elon Musk’s SpaceX will post its first earnings report as a listed company. Also reporting: Walt Disney; tech companies Palantir and Advanced Micro Devices; ride-sharing firms Uber and Lyft; private-equity firms Apollo, Carlyle and TPG; and fast-food chains McDonald's and Wendy’s.

Amgen (AMGN) Stock Still Looks Below Fair Value Today
Simply Wall St.6d agoneutral
Amgen (AMGN) Stock Still Looks Below Fair Value Today

Amgen stock has nearly doubled investors' money over the past five years, yet current checks suggest a mixed picture where the Discounted Cash Flow (DCF) intrinsic value points to meaningful upside while market multiples look closer to fair. Amgen has delivered a 93.9% return over five years, which puts more focus on whether the current share price still leaves room relative to intrinsic value estimates. Confidence around Amgen's portfolio of established and late stage products can support...