Kenvue (KVUE) Stock Price, News & Analysis

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kenvue in the last year. There are currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KVUE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KVUE, but not buy additional shares or sell existing shares.
View KVUE analyst ratings or view top-rated stocks.

16 Wall Street research analysts have issued 1 year target prices for Kenvue's stock. Their KVUE share price targets range from $18.00 to $30.00. On average, they expect the company's stock price to reach $24.85 in the next twelve months. This suggests a possible upside of 28.3% from the stock's current price.
View analysts price targets for KVUE or view top-rated stocks among Wall Street analysts.

Kenvue's stock was trading at $21.53 at the beginning of the year. Since then, KVUE stock has decreased by 10.1% and is now trading at $19.36.
View the best growth stocks for 2024 here.

Kenvue saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 34,600,000 shares, an increase of 26.0% from the March 15th total of 27,450,000 shares. Based on an average trading volume of 16,620,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 2.2% of the shares of the company are sold short.
View Kenvue's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our KVUE earnings forecast.

Kenvue will be holding an earnings conference call on Tuesday, May 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Kenvue Inc. (NYSE:KVUE) posted its earnings results on Thursday, February, 8th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. The firm earned $3.67 billion during the quarter, compared to analysts' expectations of $3.78 billion. Kenvue had a net margin of 9.87% and a trailing twelve-month return on equity of 15.62%. The business's revenue was down 2.7% on a year-over-year basis.

Kenvue declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Wednesday, February 14th will be paid a dividend of $0.20 per share on Wednesday, February 28th. This represents a $0.80 annualized dividend and a yield of 4.13%. The ex-dividend date is Tuesday, February 13th.
Read our dividend analysis for KVUE.

Kenvue (NYSE:KVUE) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.09%. KVUE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for KVUE.

ETFs with the largest weight of Kenvue (NYSE:KVUE) stock in their portfolio include Renaissance IPO ETF (IPO), Roundhill S&P Dividend Monarchs ETF (KNGS), Brookstone Growth Stock ETF (BAMG), TBG Dividend Focus ETF (TBG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), American Century Focused Large Cap Value ETF (FLV) and Federated Hermes U.S. Strategic Dividend ETF (FDV).

Kenvue updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 1.100-1.200 for the period, compared to the consensus estimate of 1.260. The company issued revenue guidance of $15.6 billion-$15.9 billion, compared to the consensus revenue estimate of $15.9 billion.

Kenvue (KVUE) raised $3.3 billion in an IPO on Thursday, May 4th 2023. The company issued 151,200,000 shares at $20.00-$23.00 per share. Goldman Sachs, J.P. Morgan, BofA Securities, Citigroup, Deutsche Bank Securities, BNP PARIBAS, HSBC, RBC Capital Markets and UBS Investment Bank acted as the underwriters for the IPO.

Kenvue's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Raymond James & Associates (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.20%), MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (0.13%), Stonegate Investment Group LLC (0.12%), Renaissance Capital LLC (0.05%) and Gradient Investments LLC (0.04%).
View institutional ownership trends.

Shares of KVUE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.