Kenvue Inc. (KVUE)
NYSE: KVUE · Real-Time Price · USD
22.93
+0.04 (0.17%)
Oct 31, 2024, 4:00 PM EDT - Market closed
Kenvue Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Kenvue stock have an average target of 22.64, with a low estimate of 18 and a high estimate of 27. The average target predicts a decrease of -1.26% from the current stock price of 22.93.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Kenvue 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 8 | 8 | 7 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $24 → $27 | Strong Buy | Maintains | $24 → $27 | +17.75% | Oct 22, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +9.03% | Oct 11, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $27 | Strong Buy | Initiates | $27 | +17.75% | Sep 24, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $24 | Buy → Hold | Downgrades | $24 | +4.67% | Sep 24, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | -8.42% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
16.00B
from 15.44B
Increased by 3.60%
Revenue Next Year
16.55B
from 16.00B
Increased by 3.43%
EPS This Year
1.17
from 0.90
Increased by 29.68%
EPS Next Year
1.26
from 1.17
Increased by 7.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.6B | 17.2B | 17.9B | ||
| Avg | 16.0B | 16.5B | 17.1B | ||
| Low | 15.2B | 15.6B | 15.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.8% | 7.7% | 8.3% | ||
| Avg | 3.6% | 3.4% | 3.5% | ||
| Low | -1.6% | -2.7% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.26 | 1.34 | 1.43 | ||
| Avg | 1.17 | 1.26 | 1.33 | ||
| Low | 1.06 | 1.11 | 1.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.0% | 15.2% | 13.4% | ||
| Avg | 29.7% | 7.9% | 5.6% | ||
| Low | 17.6% | -5.1% | -10.5% |
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.