Johnson & Johnson (JNJ) Stock Forecast & Price Targets - Stock Analysis (2024)

Johnson & Johnson (JNJ)

NYSE: JNJ · Real-Time Price · USD

164.64

-0.18 (-0.11%)

Sep 12, 2024, 4:00 PM EDT - Market closed

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Johnson & Johnson stock have an average target of 172.42, with a low estimate of 150 and a high estimate of 215. The average target predicts an increase of 4.73% from the current stock price of 164.64.

Analyst Consensus: Buy

Analyst Ratings

The average analyst rating for JNJ stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 442333
Buy 333333
Hold 777766
Sell 000000
Strong Sell 000000
Total 141412131212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date

Cantor Fitzgerald

Cantor Fitzgerald

Buy

Reiterates

$215

Buy Reiterates $215 +30.59% Sep 9, 2024

Cantor Fitzgerald

Cantor Fitzgerald

Buy

Reiterates

$215

Buy Reiterates $215 +30.59% Sep 3, 2024

Cantor Fitzgerald

Cantor Fitzgerald

Buy

Reiterates

$215

Buy Reiterates $215 +30.59% Aug 5, 2024

Cantor Fitzgerald

Cantor Fitzgerald

Buy

Reiterates

$215

Buy Reiterates $215 +30.59% Jul 30, 2024

RBC Capital

RBC Capital

Buy

Reiterates

$175

Buy Reiterates $175 +6.29% Jul 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

from 85.16B

Revenue Next Year

92.01B

from 89.14B

Increased by 3.22%

from 89.14B

EPS This Year

10.13

from 13.72

Decreased by -26.20%

from 13.72

EPS Next Year

10.82

from 10.13

Increased by 6.87%

from 10.13

Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 29, 2019 Jan 3, 2021 Jan 2, 2022 Jan 1, 2023 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue 82.06B82.58B78.74B79.99B85.16B89.14B92.01B95.27B
Revenue Growth 0.59%0.64%-4.65%1.59%6.46%4.67%3.22%3.55%
EPS 5.635.517.816.7313.7210.1310.8211.35
EPS Growth 0.36%-2.13%41.76%-13.84%103.94%-26.20%6.87%4.82%
Forward PE -----16.2515.2114.51
No. Analysts -----252521

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 93.5B 96.7B 101.7B
Avg 89.1B 92.0B 95.3B
Low 82.3B 88.3B 90.5B

Revenue Growth

Revenue Growth 20242025202620272028
High

9.8%

8.5%

10.5%

Avg

4.7%

3.2%

3.5%

Low

-3.3%

-0.9%

-1.6%

EPS Forecast

EPS 20242025202620272028
High 10.62 12.12 12.78
Avg 10.13 10.82 11.35
Low 9.77 9.96 9.93

EPS Growth

EPS Growth 20242025202620272028
High

-22.7%

19.6%

18.0%

Avg

-26.2%

6.9%

4.8%

Low

-28.8%

-1.7%

-8.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.

Johnson & Johnson (JNJ) Stock Forecast & Price Targets - Stock Analysis (2024)

FAQs

Johnson & Johnson (JNJ) Stock Forecast & Price Targets - Stock Analysis? ›

Stock Price Forecast

What are analysts saying about JNJ stock? ›

The highest analyst price target is $215.00 ,the lowest forecast is $150.00. The average price target represents 3.28% Increase from the current price of $166.99. What do analysts say about Johnson & Johnson? Johnson & Johnson's analyst rating consensus is a Moderate Buy.

What is the price target for JNJ in 2025? ›

According to analysts, JNJ price target is 171.37 USD with a max estimate of 215.00 USD and a min estimate of 150.00 USD.

What is the JNJ stock price forecast for 12 months? ›

Based on analysts offering 12 month price targets for JNJ in the last 3 months. The average price target is $172.46 with a high estimate of $215 and a low estimate of $150.

What is the future outlook for Johnson and Johnson? ›

Johnson & Johnson is forecast to grow earnings and revenue by 8% and 3.4% per annum respectively. EPS is expected to grow by 9.2% per annum.

Where will JNJ stock be in 5 years? ›

Highlights and Key Points: JNJ stock Forecast 2024-2030

JNJ assets have consistently grown over the past decade, with projections extending until 2030. Analysts predict the stock could reach $164.77 per share by the end of 2024 with the lowest expected price of $40 and the most optimistic forecast of around $215.

Is JNJ still a good investment? ›

Reasons to buy Johnson & Johnson now

In 2023, the company spun off the consumer goods segment that housed the brands most people associate with the century-old company. Now that Johnson & Johnson has streamlined itself to sales of pharmaceuticals and medical technology, its growth rate could shift into a higher gear.

Is JNJ going to split up? ›

NEW BRUNSWICK, N.J., August 16, 2023 -- Johnson & Johnson (NYSE: JNJ) today announced the final exchange ratio for its previously announced split-off exchange offer to Johnson & Johnson shareholders to exchange their shares of Johnson & Johnson for shares of common stock of Kenvue Inc.

Is JNJ overvalued or undervalued? ›

The Numbers Behind JNJ's Undervaluation

As of August 2024, JNJ is trading at $160.56, with a forward P/E ratio of 20.56, which is 33.5% lower than the sector's average of 20.76. Additionally, JNJ's trailing twelve-month (TTM) PEG ratio is 0.58.

What is Johnson and Johnson forecast for 2024? ›

Johnson & Johnson's earnings in 2024 is $38,018,000,000. On average, 10 Wall Street analysts forecast JNJ's earnings for 2024 to be $24,118,174,300, with the lowest JNJ earnings forecast at $24,000,219,360, and the highest JNJ earnings forecast at $24,216,871,290.

Who is the biggest shareholder of Johnson & Johnson? ›

According to the latest TipRanks data, approximately 45.81% of Johnson & Johnson (JNJ) stock is held by retail investors. Who owns the most shares of Johnson & Johnson (JNJ)? Vanguard owns the most shares of Johnson & Johnson (JNJ).

Will JNJ go back up? ›

Our forecast is based on a 17x P/E multiple for JNJ and expected earnings of $10.70 on a per-share and adjusted basis for the full year 2024. The 17x P/E multiple aligns with the average value over the last five years. Johnson & Johnson's revenue of $85.2 billion in 2023 was up 6% y-o-y.

What is the dividend forecast for Johnson and Johnson? ›

The next Johnson & Johnson dividend is expected to go ex in 3 months and to be paid in 3 months. The previous Johnson & Johnson dividend was 124c and it went ex 16 days ago and it was paid 2 days ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.3.

What are the future plans for JNJ? ›

J&J expects to grow operational sales by 5%-7% through 2027. Notably, it anticipates a third of its sales to come from new products in 2027. The company set 2024 sales growth forecasts for between 5%-6%. It expects adjusted earnings per share to range between $10.55 and $10.75.

Is Johnson & Johnson profitable? ›

Johnson & Johnson annual gross profit for 2023 was $58.606B, a 5.8% increase from 2022. Johnson & Johnson annual gross profit for 2022 was $55.394B, a 0.1% increase from 2021. Johnson & Johnson annual gross profit for 2021 was $55.338B, a 2.18% increase from 2020.

What industry does Johnson and Johnson compete in? ›

Founded in 1886 in New Brunswick, New Jersey, Johnson & Johnson is one of the largest pharmaceutical and medical technology companies in the world. In 2023, the company generated some 85 billion U.S. dollars of total revenue.

What does JNJ split mean for shareholders? ›

What does the J&J split mean for shareholders? If you currently own shares of Johnson & Johnson, when the company splits, you will own shares of both Johnson & Johnson – which will be the new pharmaceutical/medical device business – as well as shares of Kenvue, the new consumer health business.

Is Johnson & Johnson a good stock to buy zacks? ›

Currently, Johnson & Johnson is carrying a Zacks Rank of #3 (Hold). From a valuation perspective, Johnson & Johnson is currently exchanging hands at a Forward P/E ratio of 16.52. This expresses a premium compared to the average Forward P/E of 15.97 of its industry.

Top Articles
Why you should consider becoming an angel investor a list of benefits - FasterCapital
D&D 5E vs Pathfinder 2E: Which RPG should you play?
Yogabella Babysitter
Www.metaquest/Device Code
O'reilly's In Monroe Georgia
Noaa Swell Forecast
Words From Cactusi
Graveguard Set Bloodborne
Housing Intranet Unt
Nonne's Italian Restaurant And Sports Bar Port Orange Photos
Craigslist Farm And Garden Tallahassee Florida
Mbta Commuter Rail Lowell Line Schedule
Zack Fairhurst Snapchat
No Hard Feelings - Stream: Jetzt Film online anschauen
Mikayla Campinos Laek: The Rising Star Of Social Media
Days Until Oct 8
Apple Original Films and Skydance Animation’s highly anticipated “Luck” to premiere globally on Apple TV+ on Friday, August 5
Pocono Recird Obits
Www.patientnotebook/Atic
Jobs Hiring Near Me Part Time For 15 Year Olds
A Man Called Otto Showtimes Near Cinemark University Mall
Nesb Routing Number
Boxer Puppies For Sale In Amish Country Ohio
Phantom Fireworks Of Delaware Watergap Photos
'Insidious: The Red Door': Release Date, Cast, Trailer, and What to Expect
Meijer Deli Trays Brochure
Section 408 Allegiant Stadium
Shia Prayer Times Houston
Core Relief Texas
Stouffville Tribune (Stouffville, ON), March 27, 1947, p. 1
Kacey King Ranch
Pixel Combat Unblocked
Fairwinds Shred Fest 2023
Gwu Apps
Bbc Gahuzamiryango Live
Finland’s Satanic Warmaster’s Werwolf Discusses His Projects
Frcp 47
Priscilla 2023 Showtimes Near Consolidated Theatres Ward With Titan Luxe
How to Draw a Sailboat: 7 Steps (with Pictures) - wikiHow
3496 W Little League Dr San Bernardino Ca 92407
Craigslist Putnam Valley Ny
“To be able to” and “to be allowed to” – Ersatzformen von “can” | sofatutor.com
Wasmo Link Telegram
Trivago Sf
Walgreens On Secor And Alexis
Gli italiani buttano sempre più cibo, quasi 7 etti a settimana (a testa)
Stitch And Angel Tattoo Black And White
The Average Amount of Calories in a Poke Bowl | Grubby's Poke
Colin Donnell Lpsg
Erica Mena Net Worth Forbes
Asisn Massage Near Me
ats: MODIFIED PETERBILT 389 [1.31.X] v update auf 1.48 Trucks Mod für American Truck Simulator
Latest Posts
Article information

Author: Frankie Dare

Last Updated:

Views: 5903

Rating: 4.2 / 5 (73 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Frankie Dare

Birthday: 2000-01-27

Address: Suite 313 45115 Caridad Freeway, Port Barabaraville, MS 66713

Phone: +3769542039359

Job: Sales Manager

Hobby: Baton twirling, Stand-up comedy, Leather crafting, Rugby, tabletop games, Jigsaw puzzles, Air sports

Introduction: My name is Frankie Dare, I am a funny, beautiful, proud, fair, pleasant, cheerful, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.