Kenvue Inc. (KVUE)
NYSE: KVUE · IEX Real-Time Price · USD
18.24
+0.29 (1.62%)
At close: Jul 2, 2024, 4:00 PM
18.30
+0.06 (0.33%)
After-hours: Jul 2, 2024, 7:37 PM EDT
Kenvue Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Kenvue stock have an average target of 22.91, with a low estimate of 18 and a high estimate of 28. The average target predicts an increase of 25.60% from the current stock price of 18.24.
Analyst Consensus: Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for Kenvue 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 6 | 7 | 8 | 8 | 7 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 16 | 16 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Initiates $21 | Hold | Initiates | $21 | +15.13% | May 28, 2024 |
| HSBC | HSBC | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | +15.13% | May 8, 2024 |
| Bernstein | Bernstein | Sell Initiates $18 | Sell | Initiates | $18 | -1.32% | Apr 11, 2024 |
| William Blair | William Blair | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 3, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $26 → $20 | Hold | Maintains | $26 → $20 | +9.65% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
15.99B
from 15.44B
Increased by 3.50%
Revenue Next Year
16.53B
from 15.99B
Increased by 3.42%
EPS This Year
1.17
from 0.90
Increased by 29.73%
EPS Next Year
1.26
from 1.17
Increased by 8.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.8B | 17.3B | 17.8B | 18.2B | 18.9B |
| Avg | 16.0B | 16.5B | 17.0B | 17.6B | 18.2B |
| Low | 15.1B | 15.5B | 15.9B | 16.8B | 17.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.5% | 8.0% | 7.9% | 6.9% | 7.2% |
| Avg | 3.5% | 3.4% | 3.1% | 3.2% | 3.5% |
| Low | -2.5% | -3.3% | -3.7% | -1.3% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.26 | 1.38 | 1.45 | 1.49 | 1.58 |
| Avg | 1.17 | 1.26 | 1.33 | 1.43 | 1.51 |
| Low | 1.05 | 1.09 | 1.13 | 1.36 | 1.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.0% | 17.8% | 14.9% | 12.7% | 10.5% |
| Avg | 29.7% | 8.0% | 5.1% | 7.8% | 6.0% |
| Low | 16.5% | -6.8% | -10.7% | 2.7% | 0.8% |
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.