Johnson & Johnson Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Johnson & Johnson stock have an average target of 166.21, with a low estimate of 40 and a high estimate of 215. The average target predicts an increase of 14.05% from the current stock price of 145.74.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$166.21	$175	$215
Change	-72.55%	+14.05%	+20.08%	+47.52%

Analyst Ratings

The average analyst rating for JNJ stock from 14 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	3	3	3	3	4
Buy	5	4	3	3	3	3
Hold	8	8	8	8	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	14	14	13	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Morten Herholdt HSBC	HSBC	Hold → Strong Buy Upgrades $169 → $170	Hold → Strong Buy	Upgrades	$169 → $170	+16.65%	Apr 18, 2024
Terence Flynn Morgan Stanley	Morgan Stanley	Hold Maintains $168 → $167	Hold	Maintains	$168 → $167	+14.59%	Apr 17, 2024
Shagun Singh RBC Capital	RBC Capital	Buy Maintains $181 → $175	Buy	Maintains	$181 → $175	+20.08%	Apr 17, 2024
Louise Chen Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $215	Buy	Reiterates	$215	+47.52%	Apr 17, 2024
Geoff Meacham B of A Securities	B of A Securities	Hold Maintains $180 → $170	Hold	Maintains	$180 → $170	+16.65%	Apr 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

89.31B

from 85.16B

4.88%

from 85.16B

Revenue Next Year

91.73B

from 89.31B

2.71%

from 89.31B

EPS This Year

10.75

from 13.72

-21.63%

from 13.72

EPS Next Year

11.14

from 10.75

3.58%

from 10.75

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	82.06B	82.58B	78.74B	79.99B	85.16B	89.31B	91.73B	94.87B	98.20B	100.84B
Revenue Growth	0.59%	0.64%	-4.65%	1.59%	6.46%	4.88%	2.71%	3.42%	3.51%	2.69%
EPS	5.63	5.51	7.81	6.73	13.72	10.75	11.14	11.57	12.01	12.68
EPS Growth	0.36%	-2.13%	41.74%	-13.83%	103.86%	-21.63%	3.58%	3.88%	3.83%	5.53%
No. Analysts	-	-	-	-	-	25	25	18	11	6

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	93.6B	97.3B	101.0B	113.3B	110.2B
Avg	89.3B	91.7B	94.9B	98.2B	100.8B
Low	85.9B	87.4B	89.3B	89.6B	92.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.9%	9.0%	10.1%	19.5%	12.2%
Avg	4.9%	2.7%	3.4%	3.5%	2.7%
Low	0.9%	-2.2%	-2.7%	-5.5%	-6.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	11.27	12.06	12.61	13.48	14.57
Avg	10.75	11.14	11.57	12.01	12.68
Low	10.34	10.28	10.07	9.98	9.98

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-17.9%	12.2%	13.2%	16.5%	21.3%
Avg	-21.6%	3.6%	3.9%	3.8%	5.5%
Low	-24.6%	-4.4%	-9.5%	-13.8%	-17.0%

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.