Technical Analysis
Recent price action shows KVUE trading in a consolidation pattern between $18-$20. The stock has formed a base after its spin-off from Johnson & Johnson in 2023. Key technical indicators suggest:
News Sentiment & Fundamental Drivers
Recent news indicates positive developments:
Valuation Metrics
The stock screens well on quantitative models:
Price Prediction for Next Week
Based on technical setup and recent news flow:
The stock is likely to continue consolidating with an upward bias. Positive fundamental developments and defensive characteristics support accumulation at current levels. Key catalysts include:
Trading Recommendation: BUY
The stock offers an attractive risk-reward setup with limited downside given its defensive nature and improving business momentum.
The price of KVUE is predicted to go up 7.5%, based on the high correlation periods with SYK. The similarity of these two price pattern on the periods is 97.61%.
KVUE
SYK
With autonomy from its former parent, Kenvue can allocate resources to best fit its needs and grow the business.
Macro drivers like an aging population and premiumization of health care will act as tailwinds for all of Kenvue's brands.
Kenvue's continued focus on digital advertising and marketing will keep the company well-positioned to fend off any new competitors in e-commerce.
Canaccord Genuity
2025-03-05
Price Target
$24 → $29
Upside
+25.87%
Piper Sandler
2025-02-24
Price Target
$24 → $27
Upside
+15.88%
Barclays
2025-01-17
Price Target
$23 → $21
Downside
-0.47%