Johnson & Johnson (JNJB34) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Johnson & Johnson BRL 50.49, price BRL 89.16, upside -43.4%, quality 78 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Johnson & Johnson
JNJB34 · SAQuality Too ExpensiveExcellent quality, but the valuation looks stretched.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range R$45.21 – R$94.75 · fair‑value band R$32.26 – R$72.53 · the R$89.16 price screens above the R$50.49 fair value. Dashed = 300-day average. As of Sep 29, 2026.
Company profile
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.
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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.
Stock analysis
Johnson & Johnson, (JNJB34) currently trades at R$89.16, while our model-based Fair Value estimate is R$50.49, 43.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of R$67.12 per share, and 0 of the 25 models we run sit above the R$89.16 price.
Bear case: the Asset-Based group reads lowest at R$7.90, and 25 of the 25 models stay below the price. Evidence for this calculation is high.
Scenario range: R$32.26 (bear) to R$72.53 (bull), the price of R$89.16 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 78/100 (high quality), in the Healthcare sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Johnson & Johnson, reported revenue of $94.2B in FY2025 versus $93.8B in FY2021, a compound +0.1%/yr. Reported net income was $26.8B in FY2025, compounding +6.4%/yr from FY2021.
Key figures
Market cap R$3.1T (≈ $588B) · P/E ratio 29.9 · P/S ratio 8.51 · EPS (TTM) R$2.98 · Dividend yield 5.8% · Net margin 28.5% · Return on equity 26.4% · Return on assets (EBIT) 11.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 68 out of 100 (medium confidence).
What moves the price
The share trades about 6% below its 52-week high and 38% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at 3% fair-value upside, at −43%, JNJB34 screens richer than that median.
Fair Value models
All 25 models by family
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Set up alert →Quality Score breakdown
Of which business quality 73 · Market factors (momentum, volatility) 73
Revenue & earnings trend
Growth Forecast
JNJB34 screens overvalued: fair value 43% below the price. Compare with Eli Lilly and Company →
Recent news
- New Global Survey by Johnson & Johnson Finds Most Women Don’t Connect Eye Health Changes with Menopause
- What is Johnson & Johnson’s (JNJ) Economic Moat, and is it Widening or Narrowing?
- Why Johnson & Johnson (JNJ) is a Great Dividend Stock Right Now
Compare Johnson & Johnson, with another stock
Price, fair value, quality and upside side by side.
Context: sector, industry, market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Drug Manufacturers - General stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Eli Lilly and Company LLY | $1,157 | $749.08 | −35% |
| AbbVie Inc ABBV | $261.59 | $259.62 | −1% |
| Roche Holding RO | CHF 375.20 | CHF 326.56 | −13% |
| Merck & Co MRK | $143.81 | $129.26 | −10% |
| Novartis AG NOVN | CHF 118.06 | CHF 121.90 | +3% |
| Amgen Inc AMGN | $421.51 | $463.66 | +10% |
| Gilead Sciences, Inc GILD | $149.05 | $198.77 | +33% |
| Pfizer Inc PFE | $28.12 | $24.87 | −12% |
| Bristol-Myers Squibb Company BMY | $62.40 | $75.96 | +22% |
| Sanofi SNY | $41.23 | $70.59 | +71% |
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