Johnson & Johnson Says Carvykti Achieved Treatment-free Remissions For 5 Years In Myeloma Patients
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Updated: Jun 03 2025
0mins
Source: NASDAQ.COM
Long-term Efficacy of Carvykti: Johnson & Johnson's Phase 1b/2 Cartitude-1 study reveals that 33% of patients with relapsed or refractory multiple myeloma achieved progression-free survival for five years or more after a single infusion of Carvykti, without the need for maintenance therapy.
Positive Outcomes in Patient Subset: In a subset of 12 patients monitored over five years, all were found to be minimal residual disease (MRD) negative and imaging negative, indicating sustained treatment success.
JNJ.N$0.0000%Past 6 months

No Data
Analyst Views on JNJ
Wall Street analysts forecast JNJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JNJ is 207.26 USD with a low forecast of 176.00 USD and a high forecast of 230.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast JNJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JNJ is 207.26 USD with a low forecast of 176.00 USD and a high forecast of 230.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 202.480

Current: 202.480

maintain
$206 -> $227
Reason
Guggenheim raised the firm's price target on Johnson & Johnson to $227 from $206 and keeps a Buy rating on the shares. After reviewing the firm's J&J company model, the analyst sees "multiple drivers of additional upside" heading into 2026, the analyst tells investors.
Equal Weight
maintain
$176 -> $197
Reason
Barclays raised the firm's price target on Johnson & Johnson to $197 from $176 and keeps an Equal Weight rating on the shares. The firm updated the company's estimates.
Outperform
initiated
$230
Reason
Scotiabank initiated coverage of Johnson & Johnson with an Outperform rating and $230 price target.
Freedom Capital
Ilya Zubkov
downgrade
$180 -> $190
Reason
Freedom Capital
Ilya Zubkov
Freedom Capital analyst Ilya Zubkov downgraded Johnson & Johnson to Hold from Buy with a price target of $190, up from $180. While stating that J&J "once again" exceeded both the firm's expectations and market consensus with its "robust" Q3 results and noting that the company raised its revenue guidance for the third time this year, the firm is downgrading shares as the stock is now trading near its fair value estimate.
About JNJ
Johnson & Johnson and its subsidiaries are engaged in the research and development, manufacture, and sale of a range of products in the healthcare field. The Company’s segments include Innovative Medicine and MedTech. The Innovative Medicine segment is focused on various therapeutic areas, including immunology, infectious diseases, neuroscience, oncology, pulmonary hypertension, cardiovascular and metabolism. Its products include REMICADE (infliximab), SIMPONI (golimumab), SIMPONI ARIA (golimumab), STELARA (ustekinumab), TREMFYA (guselkumab), EDURANT (rilpivirine), and INVEGA SUSTENNA/XEPLION (paliperidone palmitate). The MedTech segment includes a portfolio of products used in cardiovascular, orthopedics, surgery, and vision categories. The Cardiovascular portfolio includes electrophysiology products to treat heart rhythm disorders and circulatory restoration products (Shockwave) for the treatment of calcified coronary artery disease (CAD) and peripheral artery disease (PAD).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.