AMGN Earnings Predictions — 2026-08-04

Ticker Report or Guide KPI Prediction Answer Confidence
AMGN Report Non-GAAP EPS (Q2 2026) BEAT pred ~$5.80 vs. cons ~$5.61 MEDIUM
AMGN Report Total Revenue (Q2 2026) BEAT pred ~$9.60B vs. cons ~$9.43B MEDIUM
AMGN Report Repatha Product Sales (Q2 2026) BEAT pred ~$1.02B vs. cons ~$950M MEDIUM
AMGN Guide FY2026 Total Revenue Guidance BETTER guide ~$37.8B-$39.0B vs. cons ~$37.9B (FY2026) MEDIUM
AMGN Guide FY2026 Non-GAAP EPS Guidance BETTER guide ~$22.20-$23.40 vs. cons ~$22.50 (FY2026) MEDIUM
AMGN Guide Prolia/XGEVA Erosion Pace Commentary (Q2/FY2026) LOWER guide ~-30% YoY decline vs. cons ~-25% YoY decline (FY2026 erosion trend) LOW
AMGN Return Day-1 residual (stock − beta × S&P 500) +1.5% MEDIUM
AMGN Return 5-day cumulative residual +0.4% (FADE) Stock already de-risked into the print (pulled back ~3.6% from the $393 high amid the cyber-incident disclosure), so a likely beat-and-raise on EPS/revenue plus modest guidance lift is largely pre-digested by the 15% run since May; initial pop should fade over days 2-5 as analysts net the beat against implicit FY cuts embedded in accelerating Prolia/XGEVA/Enbrel erosion, unresolved TAVNEOS withdrawal proceedings, the IRS NOPA overhang, and no new MariTide pivotal data — all limiting durable upward estimate revisions even after a headline beat. LOW