Key Takeaways:
- Kenvue (KVUE, Financial) is positioning itself for strong growth in 2025 amidst recent challenges.
- CEO stresses innovation and cost efficiency as key strategies for upcoming performance improvements.
- Analysts project a modest upside potential for Kenvue with a "Hold" consensus recommendation.
Kenvue (KVUE) has been proactive in setting strategies for profitable growth as it navigates a 1.2% decline in Q1 organic sales. CEO Thibaut Mongon remains optimistic about the company's performance later this year, emphasizing innovation and cost efficiencies as critical drivers. In connection with this strategic pivot, the company is experiencing a CFO transition, with Paul Ruh departing and Amit Banati stepping into the role. The company reported a Q1 adjusted EPS of $0.24.
Wall Street Analysts Forecast
According to the latest analysis, 15 analysts have projected a one-year price target for Kenvue Inc (KVUE, Financial) with an average target price standing at $24.27. This projection features a high estimate of $29.00 and a low estimate of $22.00. The average target price suggests a subtle upside of 0.27% from the current trading price of $24.21. Investors can explore more detailed assessment data on the Kenvue Inc (KVUE) Forecast page.
Reflecting on the consensus from 19 brokerage firms, Kenvue Inc (KVUE, Financial) currently holds an average brokerage recommendation of 2.6, indicative of a "Hold" stance. This rating operates on a scale from 1 to 5, where 1 implies a Strong Buy, and 5 indicates a Sell recommendation.
