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Johnson & Johnson stock rises 2.58% with a strong buy rating and $252 price target amid oncology growth.

Analyst Insights
19 May 2026
24/7 Wall Street
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Bullish
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Johnson & Johnson shares increased 2.58% recently, supported by strong oncology sales and a solid Q1 earnings beat with $24.06 billion revenue and $2.70 EPS. The company raised its full-year revenue and EPS guidance, driven by growth in drugs like DARZALEX and TREMFYA despite biosimilar competition. Analysts see a 9.37% upside to $252.01 with a buy recommendation, citing a robust oncology pipeline and dividend stability. Risks include biosimilar erosion, litigation costs, and restructuring, but overall confidence remains high for continued growth and potential gains from an upcoming Orthopaedics business separation.

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