Kenvue Inc. (KVUE)
NYSE: KVUE · IEX Real-Time Price · USD
18.86
-0.16 (-0.84%)
At close: Apr 26, 2024, 4:00 PM
18.90
+0.04 (0.21%)
After-hours: Apr 26, 2024, 7:56 PM EDT
Kenvue Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Kenvue stock have an average target of 24.69, with a low estimate of 18 and a high estimate of 30. The average target predicts an increase of 30.91% from the current stock price of 18.86.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Kenvue stock from 16 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 | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 6 | 6 | 6 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 13 | 14 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bernstein | Bernstein | Sell Initiates $18 | Sell | Initiates | $18 | -4.56% | 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 | +6.04% | Mar 4, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $20 | Strong Buy → Hold | Downgrades | $20 | +6.04% | Mar 1, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $24 | Buy | Reiterates | $24 | +27.25% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
15.98B
from 15.44B
Increased by 3.47%
Revenue Next Year
16.55B
from 15.98B
Increased by 3.54%
EPS This Year
1.17
from 0.90
Increased by 30.42%
EPS Next Year
1.28
from 1.17
Increased by 8.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.5B | 17.2B | 17.8B |
| Avg | 16.0B | 16.5B | 17.1B |
| Low | 15.3B | 15.8B | 16.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.0% | 7.8% | 7.4% |
| Avg | 3.5% | 3.5% | 3.4% |
| Low | -1.2% | -1.3% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.24 | 1.38 | 1.46 |
| Avg | 1.17 | 1.28 | 1.36 |
| Low | 1.09 | 1.18 | 1.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.7% | 17.2% | 14.3% |
| Avg | 30.4% | 8.8% | 6.6% |
| Low | 20.9% | 0.2% | -2.5% |
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.