Johnson Johnson Stock Target Price and Analyst Consensus

JNJ Stock  USD 158.19  0.23  0.15%   
The current analyst and expert consensus on Johnson Johnson is Buy with 12 hold recommendations. The current projected Johnson Johnson target price consensus is 168.46 with 22 analyst opinions. One of the most common ways Johnson Johnson analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Johnson Johnson vendors, executives, and/or customers. Johnson Johnson recommendation module provides expert sentiment on the projected Johnson Johnson target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Johnson Johnson to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
Lowest Forecast
153.3
Highest Forecast
186.99
Target Price
168.46
Gross Profit Margin is expected to hike to 0.77 this year, although the value of Gross Profit will most likely fall to nearly 34.8 B. At this time, Johnson Johnson's Net Debt is relatively stable compared to the past year. Retained Earnings is expected to hike to about 161.5 B this year, although the value of Cash And Short Term Investments will most likely fall to nearly 14.3 B.
  
It's important to approach Johnson Johnson's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Johnson Johnson Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Johnson target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Johnson Johnson's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   22  Buy
Most Johnson analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Johnson stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Johnson Johnson, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Johnson Johnson Target Price Projection

Johnson Johnson's current and average target prices are 158.19 and 168.46, respectively. The current price of Johnson Johnson is the price at which Johnson Johnson is currently trading. On the other hand, Johnson Johnson's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Johnson Johnson Market Quote on 29th of March 2024

Low Price158.11Odds
High Price159.14Odds

158.19

Target Price

Analyst Consensus On Johnson Johnson Target Price

Low Estimate153.3Odds
High Estimate186.99Odds

168.46

Historical Lowest Forecast  153.3 Target Price  168.46 Highest Forecast  186.99
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Johnson Johnson and the information provided on this page.

Johnson Johnson Analyst Ratings

Johnson Johnson's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Johnson Johnson stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Johnson Johnson's financials, market performance, and future outlook by experienced professionals. Johnson Johnson's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Johnson Johnson price targets

Johnson Johnson's stock target price is an estimate of its future price, usually made by analysts. Using Johnson Johnson's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Johnson Johnson's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Johnson Johnson's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Johnson Johnson Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Johnson Johnson is a key component of Johnson Johnson valuation and have some predictive power on the future returns of a Johnson Johnson.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Johnson Johnson's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
157.46158.19158.92
Details
Intrinsic
Valuation
LowRealHigh
142.37163.44164.17
Details
Naive
Forecast
LowNextHigh
156.31157.04157.78
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.442.632.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Johnson Johnson. Your research has to be compared to or analyzed against Johnson Johnson's peers to derive any actionable benefits. When done correctly, Johnson Johnson's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Johnson Johnson.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cleaning Idea
Cleaning
Invested over 100 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
When determining whether Johnson Johnson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Johnson Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Johnson Stock:
Check out Macroaxis Advice on Johnson Johnson to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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The data published in Johnson Johnson's official financial statements usually reflect Johnson Johnson's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Johnson Johnson. For example, before you start analyzing numbers published by Johnson accountants, it's critical to develop an understanding of what Johnson Johnson's liquidity, profitability, and earnings quality are in the context of the Pharmaceuticals space in which it operates.
Please note, the presentation of Johnson Johnson's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Johnson Johnson's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Johnson Johnson's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Johnson Johnson. Please utilize our Beneish M Score to check the likelihood of Johnson Johnson's management manipulating its earnings.