why Kenvue Inc [KVUE] is a Good Choice for Investors After New Price Target of $24.10

Kenvue Inc [NYSE: KVUE] gained 1.14% on the last trading session, reaching $23.01 price per share at the time.

If compared to the average trading volume of 17.01M shares, KVUE reached a trading volume of 22249578 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Kenvue Inc [KVUE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KVUE shares is $24.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KVUE stock is a recommendation set at 2.45. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Redburn Atlantic have made an estimate for Kenvue Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 10, 2025. While these analysts kept the previous recommendation, Evercore ISI raised their target price to In-line. The new note on the price target was released on March 24, 2025, representing the official price target for Kenvue Inc stock. Previously, the target price had yet another raise from $21 to $26, while Piper Sandler kept a Overweight rating on KVUE stock. On December 12, 2024, analysts decreased their price target for KVUE shares from 25 to 24.

The Average True Range (ATR) for Kenvue Inc is set at 0.73, with the Price to Sales ratio for KVUE stock in the period of the last 12 months amounting to 2.86. The Price to Book ratio for the last quarter was 4.55, with the Price to Cash per share for the same quarter was set at 0.56. Price to Free Cash Flow for KVUE in the course of the last twelve months was 33.22 with Quick ratio for the last quarter at 0.69.

Trading performance analysis for KVUE stock

Kenvue Inc [KVUE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.62. With this latest performance, KVUE shares dropped by -1.67% in over the last four-week period, additionally plugging by 0.35% over the last 6 months – not to mention a rise of 18.79% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KVUE stock in for the last two-week period is set at 51.83, with the RSI for the last a single of trading hit 52.96, and the three-weeks RSI is set at 51.63 for Kenvue Inc [KVUE]. The present Moving Average for the last 50 days of trading for this stock 23.00, while it was recorded at 22.83 for the last single week of trading, and 22.02 for the last 200 days.

Kenvue Inc [KVUE]: A deeper dive into fundamental analysis

Kenvue Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.69 and a Current Ratio set at 0.96.

Kenvue Inc [KVUE]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KVUE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kenvue Inc go to 4.75%.

An analysis of Institutional ownership at Kenvue Inc [KVUE]

There are presently around $102.16%, or 102.21%% of KVUE stock, in the hands of institutional investors. The top three institutional holders of KVUE stocks are: VANGUARD GROUP INC with ownership of 212.06 million shares, which is approximately 11.0739%. PRICE T ROWE ASSOCIATES INC /MD/, holding 177.12 million shares of the stock with an approximate value of $$3.22 billion in KVUE stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $$2.45 billion in KVUE stock with ownership which is approximately 7.0413%.