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JNJJohnson & Johnson

What Is JNJ Fair Value?

Johnson & Johnson (JNJ) fair value estimate using multiple valuation models, updated daily.

As of August 1, 2026, Johnson & Johnson (JNJ) has a composite fair value estimate of $280.47 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $256.35, suggesting the stock is fair value by 9.4%.

Data as of August 1, 2026 (today)

Composite Fair Value

Fair Value4 of 4 models

$280.47

vs. current price of $256.35(+9.4%)

Undervalued$280.47Overvalued
$256.35

How Is JNJ Fair Value Calculated?

Four independent models estimate what JNJ is worth. Each uses different inputs and assumptions. The composite blends them by weight.

JNJ Intrinsic Value

Forward-looking models based on future cash flows

DCF (Discounted Cash Flow)

35% weight

Estimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →

$390.70

+52.4%

Undervalued

Inputs used

FCF: 20.1BGrowth: 9.1%Discount: 6%

DDM (Dividend Discount Model)

15% weight

If a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →

$442.90

+72.8%

Undervalued

Inputs used

Dividend: $5.36/yrReq. Return: 6%Growth: 4.5%

JNJ Fair Value

Current fundamentals: earnings, assets, and growth rate

Graham Number (Value Investing)

25% weight

Created by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →

$96.16

-62.5%

Overvalued

Inputs used

EPS: $11.65Book Value: $35.28

PEG (Price/Earnings to Growth)

25% weight

Checks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.

$116.48

-54.6%

Overvalued

Inputs used

EPS: $11.65Growth: 9.1%

What If You Change the Assumptions?

Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.

Your DCF Fair Value

$390.70Undervalued

Current price $256.35 is 52.4% below this estimate

CheapFair ValueExpensive
9.1%
0.0%30.0%
5.7%
6.0%15.0%
2.5%
1.0%4.0%
15.0%
0.0%50.0%
View 10-year cash flow projections
YearProjected FCF (Free Cash Flow)Present Value
Year 1$21.92B$20.75B
Year 2$23.91B$21.42B
Year 3$26.07B$22.11B
Year 4$28.43B$22.82B
Year 5$31.01B$23.55B
Year 6$33.82B$24.31B
Year 7$36.88B$25.09B
Year 8$40.22B$25.90B
Year 9$43.86B$26.73B
Year 10$47.83B$27.59B
Terminal Value$1.55T$895.74B

What Are JNJ's Key Financial Metrics?

Earnings & Growth

Current Price

$256.35

EPS (TTM)

$8.61

Forward P/E

20.0

Profit Margin

21.5%

Cash & Balance Sheet

Free Cash Flow

16.9B

EBITDA

34.9B

Book Value

$35.28

Total Debt

49B

What Do Analysts Say About JNJ?

Low

$190.00

Average

$270.59

High

$305.00

Upside

+5.6%

Current $256.35Avg Target $270.59Buy22 analysts

JNJ Fair Value FAQ

What is the fair value of JNJ?

Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), JNJ's estimated fair value is $280.47. The stock is currently trading at $256.35, which makes it fair value by our analysis.

How is JNJ's fair value calculated?

We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.

Is JNJ overvalued or undervalued?

Based on our analysis, JNJ is fair value. The current price of $256.35 is 9.4% below our estimated fair value of $280.47.

What do Wall Street analysts say about JNJ?

22 analysts cover Johnson & Johnson with a consensus rating of "Buy." The average price target is $270.59, ranging from $190.00 to $305.00. This implies 5.6% upside from the current price.