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JNJ

JNJJohnson & Johnson

NYSE

Healthcare · Drug Manufacturers - General

$239.08+3.37%
Mkt Cap: $575.52BDY: 2.24%

Johnson & Johnson (JNJ) stock trades at $239.08, up 3.37% on the day. With a market capitalization of $575.52 billion, JNJ is a mega-cap healthcare stock. It trades at a price-to-earnings (P/E) ratio of 27.7, a forward P/E of 18.8 and earnings per share (EPS) of $8.63. Over the most recent period the company reported 10% year-over-year revenue growth and a net profit margin of 21.8%. Below you'll find JNJ's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.

Price & Performance

Performance

Analysis & Verdict

Johnson & Johnson (JNJ) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

Johnson & Johnson (JNJ) operates in the Drug Manufacturers - General space within the Healthcare sector. With a market cap of $575.5B, it qualifies as a large-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case6
  • Forward P/E (18.8×) is lower than trailing P/E (27.7×) — analysts expect earnings to improve
  • Revenue growth of 10% YoY shows solid business momentum
  • Exceptional profit margin of 21.8% — the business retains a large share of each dollar earned
  • ROE of 26.4% shows management efficiently converts equity into profit
  • Dividend yield of 2.24% provides consistent income on top of price appreciation
  • Low beta of 0.26 — less volatile than the market, suitable for conservative portfolios
Bear Case4
  • P/E of 27.7× is above average — valuation requires continued strong growth to justify
  • Earnings fell 53% YoY — profitability is under pressure
  • High debt-to-equity of 67.73× increases financial risk, especially with elevated interest rates
  • Price is near its 52-week high — limited near-term upside, higher pullback risk

Verdict

Buy / Hold

More positives than negatives. Fundamentals support holding while monitoring key risks.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Fair Value Estimates

Current price: $239.08

Graham Number

√(22.5 × EPS × Book Value)

$80.94

-66.1% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$77.97

-67.4% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

8/10

80% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

26.4%

Return on equity — measures how efficiently capital is used

Positive profit margin

21.8%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+9.9%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

-52.9%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

67.73×

Low financial leverage reduces risk of distress

Current ratio above 1

1.02×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$1.9B/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

2.24%

Stock must distribute income to shareholders

Financials

Revenue & Results

Key Statistics

Market Cap$575.52B
P/E Ratio27.70
Forward P/E18.82
P/B Ratio
PEG Ratio3.01

Earnings

Next Earnings

Jul 15, 2026

21

days

EPS (TTM)

$8.63

P/E (TTM)

27.7

Fwd P/E

18.8

SEC Filings & Reported Financials

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Insider Transactions

SEC Form 4 · officers, directors & 10% owners

Dividends & Income

Dividends

Current DY

2.24%

5Y Avg Annual

$4.3680

Last Payment

$1.3400

Ex-Date

05/26/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest05/26/2026
06/09/2026$1.34002.24%
02/24/2026
03/10/2026$1.30002.18%
11/25/2025
12/09/2025$1.30002.18%
08/26/2025
09/09/2025$1.30002.18%
05/27/2025
06/10/2025$1.30002.18%
02/18/2025
03/04/2025$1.24002.07%
11/26/2024
12/10/2024$1.24002.07%
08/27/2024
09/10/2024$1.24002.07%

Magic Number

Shares needed to self-fund your next purchase

$239.08

Price

÷

$1.3400

Last div. (quarterly)

=

179

shares

Own 179 JNJ shares ($42,795.32) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$42,795.32

New shares / year

+4 shares

Tools & Simulators

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

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About Johnson & Johnson

Johnson & Johnson, together with its subsidiaries, engages in the research and development, manufacture, and sale of a range of products in the healthcare field worldwide. It operates in two segments, Innovative Medicine and MedTech. The Innovative Medicine segment offers products for various therapeutic areas, such as oncology, immunology, neuroscience, pulmonary hypertension, infectious diseases, and cardiovascular and metabolism distributed through retailers, wholesalers, distributors, hospitals, and healthcare professionals for prescription use. The MedTech segment provides a portfolio of products used in the surgery, orthopedic, cardiovascular, and vision fields distributed through wholesalers, hospitals and retailers, and used in the professional fields by physicians, nurses, hospitals, eye care professionals and clinics. This segment also offers products and enabling technologies that support joint reconstruction, trauma, spine, sports related injuries, and others, as well as open, laparoscopic, and robotic surgical procedures; instrumentation, energy devices, stapling systems, wound closure, biosurgery products, and digital and robotic technologies; breast aesthetics and reconstruction; contact lenses under the ACUVUE brand; intraocular lenses for cataract surgery, and other products used in cataract and refractive procedures under the TECNIS brand. The company was founded in 1886 and is based in New Brunswick, New Jersey.

Sector

Healthcare

Industry

Drug Manufacturers - General

Location

New Brunswick, United States

Employees

138,200

Listed on NYSE

JNJ — Frequently Asked Questions

Is Johnson & Johnson (JNJ) a good stock to buy in 2026?

Johnson & Johnson (JNJ) shows strengths such as a strong 22% net margin and a 26% return on equity, while risks include high leverage (debt/equity of 67.7). Whether JNJ is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.

What is JNJ's stock price today?

Johnson & Johnson (JNJ) trades at $239.08, up 3.37% on the session. Prices on this page update throughout the trading day.

Does JNJ pay a dividend?

Yes. Johnson & Johnson pays an annual dividend of $5.36 per share, a dividend yield of 2.24%. The most recent ex-dividend date was May 26, 2026. Its payout ratio is about 60% of earnings.

Is JNJ overvalued?

With a P/E ratio of 27.7×, JNJ is valued above the broad-market average for the healthcare sector. Its PEG ratio is 3.01. See the Fair Value Estimates section above for Graham Number and dividend-based price targets.

What is JNJ's market cap?

Johnson & Johnson (JNJ) has a market capitalization of $575.52 billion, classifying it as a mega-cap stock in the Healthcare sector.

Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.