Johnson & Johnson (NYSE:JNJ) Stock Forecast & Analyst Predictions

Future criteria checks 2/6

Johnson & Johnson is forecast to grow earnings and revenue by 8% and 3.4% per annum respectively. EPS is expected to grow by 9.2% per annum. Return on equity is forecast to be 34.6% in 3 years.

Key information

8.0%

Earnings growth rate

9.2%

EPS growth rate

Pharmaceuticals earnings growth	23.8%
Revenue growth rate	3.4%
Future return on equity	34.6%
Analyst coverage	Good
Last updated	13 Sep 2024

Recent future growth updates

Recent updates

Why Investors Shouldn't Be Surprised By Johnson & Johnson's (NYSE:JNJ) P/E

Sep 10

We Think Johnson & Johnson (NYSE:JNJ) Can Stay On Top Of Its Debt

Aug 23

Johnson & Johnson: Don't Bet Against Double Compounding

Aug 22

Johnson & Johnson Q2: Robust New Product Pipeline

Jul 17

Johnson & Johnson Q2 Earnings Preview: Scrutinizing Its Earnings Quality

Jul 11

Johnson & Johnson: A Lot Of Moving Parts, But Perhaps Finally Lurching In The Right Direction

Jul 03

Earnings and Revenue Growth Forecasts

NYSE:JNJ - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	94,332	20,713	23,364	27,819	17
12/31/2025	91,102	19,429	22,788	27,287	20
12/31/2024	88,482	17,774	22,415	24,349	20
6/30/2024	86,576	16,382	19,833	24,642	N/A
3/31/2024	85,648	17,072	18,234	23,191	N/A
12/31/2023	85,159	13,326	17,778	22,791	N/A
10/1/2023	83,703	12,421	15,737	20,278	N/A
7/2/2023	82,348	12,422	14,547	19,073	N/A
4/2/2023	77,458	10,730	16,207	20,472	N/A
1/1/2023	79,990	16,370	17,185	21,194	N/A
10/2/2022	84,855	17,879	17,739	21,576	N/A
7/3/2022	88,197	17,236	19,950	23,582	N/A
4/3/2022	94,880	19,830	19,733	23,315	N/A
1/2/2022	78,740	17,801	19,758	23,410	N/A
10/3/2021	91,446	17,880	22,461	26,021	N/A
7/4/2021	89,190	17,767	22,564	26,114	N/A
4/4/2021	84,214	15,115	20,853	24,252	N/A
1/3/2021	82,584	14,714	20,189	23,536	N/A
9/27/2020	80,856	16,986	18,307	21,591	N/A
6/28/2020	80,503	15,185	17,443	20,735	N/A
3/29/2020	82,729	17,166	19,764	23,231	N/A
12/29/2019	82,059	15,119	19,918	23,416	N/A
9/29/2019	81,706	14,151	19,706	23,262	N/A
6/30/2019	81,325	16,332	18,377	22,007	N/A
3/31/2019	81,593	14,679	18,470	22,138	N/A
12/30/2018	81,581	15,297	18,531	22,201	N/A
9/30/2018	81,382	1,542	18,470	22,062	N/A
7/1/2018	80,684	1,372	18,493	22,056	N/A
4/1/2018	78,693	1,245	N/A	21,749	N/A
12/31/2017	76,450	1,300	N/A	21,056	N/A
10/1/2017	74,361	15,827	N/A	21,604	N/A
7/2/2017	72,531	16,335	N/A	20,699	N/A
4/2/2017	72,174	16,505	N/A	19,491	N/A
1/1/2017	71,890	16,540	N/A	18,767	N/A
10/2/2016	71,595	15,941	N/A	17,199	N/A
7/3/2016	70,877	15,027	N/A	17,978	N/A
4/3/2016	70,182	15,546	N/A	18,886	N/A
1/3/2016	70,074	15,409	N/A	19,569	N/A
9/27/2015	70,517	14,715	N/A	18,849	N/A
6/28/2015	71,882	16,106	N/A	17,363	N/A
3/29/2015	73,590	15,916	N/A	17,420	N/A
12/28/2014	74,331	16,323	N/A	18,710	N/A
9/28/2014	74,232	17,321	N/A	18,245	N/A
6/29/2014	73,340	15,554	N/A	19,538	N/A
3/30/2014	71,722	15,061	N/A	19,060	N/A
12/29/2013	71,312	13,831	N/A	17,414	N/A
9/29/2013	70,515	12,879	N/A	16,651	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: JNJ's forecast earnings growth (8% per year) is above the savings rate (2.5%).

Earnings vs Market: JNJ's earnings (8% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: JNJ's earnings are forecast to grow, but not significantly.

Revenue vs Market: JNJ's revenue (3.4% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: JNJ's revenue (3.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: JNJ's Return on Equity is forecast to be high in 3 years time (34.6%)

Johnson & Johnson (NYSE:JNJ) Stock Forecast & Analyst Predictions - Simply Wall St (2024)