- Kenvue Inc. (KVUE, Financial) prepares for first-quarter earnings with projected EPS and revenue declines.
- Analysts predict a moderate upside potential for Kenvue's stock.
- Current analyst consensus suggests a "Hold" position for investors.
Kenvue (KVUE) is approaching the release of its first-quarter earnings on May 8th, with an anticipated earnings per share (EPS) of $0.23. This reflects a 17.9% decrease from the previous year, alongside expected revenue of $3.68 billion, which marks a 5.6% decline. While Kenvue has a history of consistently surpassing EPS estimates, the latest quarters have seen a downward trend in both EPS and revenue expectations.
Wall Street Analysts Forecast
According to projections from 15 analysts, the one-year average price target for Kenvue Inc (KVUE, Financial) stands at $24.27, with estimates ranging between a high of $29.00 and a low of $22.00. This average target suggests a potential upside of 4.16% from the current price of $23.30. Investors seeking more detailed estimate data can visit the Kenvue Inc (KVUE) Forecast page.
The current consensus from 19 brokerage firms rates Kenvue Inc. (KVUE, Financial) with an average recommendation of 2.6, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.
