Kenvue (KVUE) Stock Price, News & Analysis

16 Wall Street equities research 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 equities research 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 analysts have issued 12 month price objectives for Kenvue's stock. Their KVUE share price targets range from $18.00 to $30.00. On average, they predict the company's stock price to reach $24.38 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
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Kenvue's stock was trading at $21.53 on January 1st, 2024. Since then, KVUE stock has decreased by 5.0% and is now trading at $20.45.
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Kenvue saw a increase in short interest during 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 daily volume of 16,620,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.2% of the company's stock are sold short.
View Kenvue's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our KVUE earnings forecast.

Kenvue Inc. (NYSE:KVUE) issued its quarterly earnings results on Tuesday, May, 7th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.25 by $0.03. The firm earned $2.89 billion during the quarter, compared to analyst estimates of $3.79 billion. Kenvue had a net margin of 9.87% and a trailing twelve-month return on equity of 15.62%. Kenvue's quarterly revenue was down 24.9% compared to the same quarter last year.

Kenvue announced a quarterly dividend on Thursday, April 25th. Investors of record on Wednesday, May 8th will be given a dividend of $0.20 per share on Wednesday, May 22nd. This represents a $0.80 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend is Tuesday, May 7th.
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 4.17%. 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 Fidelity Blue Chip Value ETF (FBCV).

Kenvue updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 1.100-1.200 for the period, compared to the consensus earnings per share estimate of 1.140. The company issued revenue guidance of $15.6 billion-$15.9 billion, compared to the consensus revenue estimate of $15.6 billion.

Kenvue (KVUE) raised $3.3 billion in an initial public offering 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 served as the underwriters for the IPO.

Kenvue's stock is owned by many different retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (1.87%), Nordea Investment Management AB (0.61%), Van ECK Associates Corp (0.51%), ProShare Advisors LLC (0.45%), Mondrian Investment Partners LTD (0.29%) and Equity Investment Corp (0.28%).
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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.
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