tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Why Amgen’s Stock Faces Turbulence Amid Growth

Why Amgen’s Stock Faces Turbulence Amid Growth

Amgen ( (AMGN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Amgen’s stock movement has been influenced by a blend of positive financial growth and concerns over future expenses. The company reported strong Q2 2025 earnings with increased revenue and volume, thanks to key products and biosimilars. However, worries about rising R&D costs, especially in obesity research, and the use of a placebo in a significant cardiovascular trial have raised questions about future margins and trial effectiveness, impacting investor sentiment.

More about Amgen

YTD Price Performance: 11.09%

Average Trading Volume: 2,576,663

Technical Sentiment Signal: Buy

Current Market Cap: $153.1B

For further insights into AMGN stock on TipRanks’ Stock Analysis page.

See more of today’s top stock gainers and losers.

Disclaimer & DisclosureReport an Issue

1