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JOHNSON & JOHNSON (JNJ)

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Earnings summaries and quarterly performance for JOHNSON & JOHNSON.

Research analysts who have asked questions during JOHNSON & JOHNSON earnings calls.

CS

Christopher Schott

JPMorgan Chase & Co.

6 questions for JNJ

Also covers: ABBV, AMGN, AMRX +15 more
Terence Flynn

Terence Flynn

Morgan Stanley

6 questions for JNJ

Also covers: ABBV, AMGN, ARVN +17 more
LB

Larry Biegelsen

Wells Fargo & Company

5 questions for JNJ

Also covers: ABT, ALC, AXNX +24 more
Vamil Divan

Vamil Divan

Guggenheim Securities

5 questions for JNJ

Also covers: ABBV, ABSI, ANIP +7 more
AH

Asad Haider

Goldman Sachs

4 questions for JNJ

Also covers: ABBV, BMY, BNTX +4 more
SS

Shagun Singh Chadha

RBC Capital Markets

4 questions for JNJ

Also covers: AXNX, DXCM, GMED +11 more
DA

Danielle Antalffy

UBS Group AG

3 questions for JNJ

Also covers: ABT, ATRC, BAX +15 more
Jayson Bedford

Jayson Bedford

Raymond James

3 questions for JNJ

Also covers: AXGN, DXCM, IART +7 more
AH

Alexandria Hammond

Wolfe Research

2 questions for JNJ

Also covers: ABBV, AMGN, BMRN +6 more
AH

Alex Hammond

Sidoti & Company, LLC

2 questions for JNJ

Also covers: BMRN, CBUS, LLY +1 more
DA

Danielle Antalffy

UBS

2 questions for JNJ

Also covers: ATRC, BSX, DXCM
Matt Miksic

Matt Miksic

Barclays Investment Bank

2 questions for JNJ

Also covers: ABT, ATEC, BAX +14 more
TA

Timothy Anderson

BofA Securities

2 questions for JNJ

Also covers: ABBV, AMGN, AZN +10 more
DC

David Chen

Goldman Sachs Group, Inc.

1 question for JNJ

DR

David Reisinger

Lyriq

1 question for JNJ

DR

David Risinger

Leerink Partners

1 question for JNJ

Also covers: ABBV, AMGN, BMY +9 more
Joanne Wuensch

Joanne Wuensch

Citigroup Inc.

1 question for JNJ

Also covers: ABT, BAX, BDX +18 more
JJ

Joshua Jennings

TD Cowen

1 question for JNJ

Also covers: ABT, ALUR, ATEC +20 more
LB

Lawrence Biegelsen

Wells Fargo

1 question for JNJ

Also covers: ABT, ALC, BAX +16 more
LC

Louise Chen

Cantor Fitzgerald

1 question for JNJ

Also covers: ARDX, CNTB, IMAB +14 more
Matthew Miksic

Matthew Miksic

Barclays PLC

1 question for JNJ

Also covers: ABT, ATEC, BAX +15 more

Recent press releases and 8-K filings for JNJ.

Johnson & Johnson strikes drug-price deal with Trump administration
JNJ
New Projects/Investments
  • Johnson & Johnson agreed to join the TrumpRx direct-to-patient platform, promising to lower U.S. drug prices and align some Medicaid pricing with rates in other developed countries in exchange for tariff exemptions; key terms remain confidential.
  • Selected medicines will be offered at significant discounts, but the size of price cuts and duration of tariff relief have not been disclosed.
  • The company reaffirmed its $55 billion U.S. investment plan, including new manufacturing facilities in Pennsylvania and North Carolina.
  • Shares slipped about 0.5% on the announcement (closing at $205.75), as investors await more detail at the J.P. Morgan Healthcare Conference on Jan. 12 and Q4 results on Jan. 21.
3 hours ago
Johnson & Johnson reaches U.S. drug access agreement and advances U.S. investments
JNJ
New Projects/Investments
  • Johnson & Johnson entered a voluntary agreement with the Trump Administration to improve access to medicines and lower patient costs, including an exemption from U.S. tariffs on its pharmaceuticals.
  • The company will participate in TrumpRx.gov and align its U.S. drug pricing and Medicaid program prices with those in other developed countries.
  • J&J is progressing on its $55 billion U.S. investment, announcing two new manufacturing facilities in Pennsylvania and North Carolina and advancing a $2 billion biologics site in Wilson, NC.
22 hours ago
Johnson & Johnson reports positive Phase 2b nipocalimab data in SLE
JNJ
New Projects/Investments
  • Positive topline results from the Phase 2b JASMINE trial showed nipocalimab met the primary endpoint (SRI-4 at Week 24) with statistical significance versus placebo.
  • Achieved key secondary and exploratory endpoints, including signals of steroid-sparing potential, with no new safety signals observed.
  • Nipocalimab is the first investigational FcRn blocker to demonstrate efficacy in active SLE in a 52-week, 228-patient, multicenter study.
  • Based on these results, the company will initiate a Phase 3 program for nipocalimab in SLE.
3 days ago
Johnson & Johnson completes acquisition of Halda Therapeutics
JNJ
M&A
  • Johnson & Johnson agreed to acquire clinical-stage biotech Halda Therapeutics OpCo, Inc. for $3.05 billion in cash.
  • Halda’s proprietary RIPTAC™ platform targets the development of oral, targeted therapies for multiple solid tumors, including prostate cancer.
  • This strategic acquisition underscores J&J’s commitment to advancing next-generation oral cancer treatments.
Dec 29, 2025, 3:27 PM
Johnson & Johnson completes $3.05B Halda acquisition
JNJ
M&A
New Projects/Investments
  • Johnson & Johnson completed its $3.05 billion acquisition of Halda Therapeutics on Dec. 29, 2025, gaining the company’s proprietary RIPTAC platform and the once-daily oral prostate cancer candidate HLD-10915.
  • The deal adds early RIPTAC-based programs for breast, lung and other solid tumors, positioning J&J to expand targeted therapies beyond oncology.
  • The transaction will dilute adjusted EPS by ~$0.20 per share in late 2025 and 2026 and is being accounted for as a business combination.
  • This move follows J&J’s April acquisition of Intra-Cellular Therapies for $14.6 billion and the recent FDA expanded-use approval for Caplyta, the first approved drug from that deal.
  • Johnson & Johnson’s stock rose 28–44% in 2025 as investors reacted to easing regulation and faster earnings growth.
Dec 29, 2025, 1:07 PM
Johnson & Johnson completes acquisition of Halda Therapeutics
JNJ
M&A
New Projects/Investments
  • Johnson & Johnson closed its acquisition of Halda Therapeutics for $3.05 billion in cash, adding a proprietary RIPTAC™ platform to its oncology portfolio.
  • The deal brings in HLD-0915, a once-daily oral therapy targeting prostate cancer, plus earlier-stage candidates for breast, lung and other solid tumors.
  • The acquisition will be accounted for as a business combination, with an expected $0.20 per share dilution to adjusted EPS, split equally between Q4 2025 and 2026.
  • Full-year 2026 guidance commentary will be provided during J&J’s Q4 earnings call on January 21, 2026.
Dec 29, 2025, 1:00 PM
Johnson & Johnson halts mid-stage eczema trial
JNJ
  • Johnson & Johnson terminated its Phase 2b DUPLEX-AD study of JNJ-15939 for moderate-to-severe atopic dermatitis after a planned interim analysis failed to meet efficacy targets, though the drug was well tolerated.
  • The company remains committed to advancing other pipeline candidates, including NM26, PX128, PX130 and the oral STAT6 inhibitor KP-723.
  • Shares dipped amid mixed investor reactions against a backdrop of a $1.5 billion talc verdict, thousands of pending cases and recent insider selling (six open-market trades in six months).
  • Financially, J&J reported $24 billion in Q3 2025 revenues (up ~6.8% YoY), a 1.07 current ratio and 0.58 debt/equity, but valuation metrics near historical highs (market cap ~$500.6 billion, P/E ~20.06) with a 3.7% decline in operating cash flow.
Dec 26, 2025, 1:17 PM
Johnson & Johnson ordered to pay $1.56B in talc lawsuit
JNJ
Legal Proceedings
  • A Baltimore jury awarded $1.56 billion in damages (including $59.84 million compensatory, $1 billion punitive against J&J and $500 million against Pecos River Talc) — the largest single-plaintiff verdict in the talc litigation.
  • J&J plans to immediately appeal, calling the verdict “egregious” and continues to deny its talc products contain asbestos.
  • The company faces over 67,000 pending talc-related lawsuits, and prior bankruptcy-based settlement plans worth billions were rejected by courts.
  • Despite the ruling, J&J’s financial position remains strong with a $499.5 billion market cap, 1.07 current ratio, 0.58 debt-to-equity ratio, Altman Z-Score of 3.68 and Beneish M-Score of −2.54.
Dec 23, 2025, 2:33 PM
Johnson & Johnson receives FDA approval for TRUFILL n-BCA in chronic subdural hematoma
JNJ
Product Launch
  • FDA approved expanded indication for the TRUFILL n-BCA Liquid Embolic System for embolization of the middle meningeal artery in adjunctive treatment of symptomatic subacute and chronic subdural hematoma, leveraging over 25 years of neurovascular use.
  • The MEMBRANE randomized trial showed TRUFILL n-BCA was superior in effectiveness and safe versus standard of care, with a treatment effect of 0.475 (95% CI 0.239–0.944) in the surgical cohort.
  • Chronic subdural hematoma carries a 10–20% recurrence rate with traditional surgery, and MMA embolization offers a minimally invasive alternative to address residual bleeding.
Dec 18, 2025, 1:00 PM
Johnson & Johnson receives FDA approval for RYBREVANT FASPRO subcutaneous NSCLC therapy
JNJ
Product Launch
  • FDA approved RYBREVANT FASPRO™ (amivantamab and hyaluronidase-lpuj) as the first subcutaneous therapy for EGFR-mutated non-small cell lung cancer, covering all indications of RYBREVANT®.
  • Administration time reduced from hours to approximately 5 minutes, with a fivefold decrease in administration-related reactions (13% vs 66%) and lower venous thromboembolism incidence (11% vs 18%) compared to IV delivery.
  • In the Phase 3 PALOMA-3 trial, the subcutaneous regimen met co-primary pharmacokinetic endpoints and showed 65% vs 51% 12-month overall survival for SC vs IV administration.
  • Builds on Phase 3 MARIPOSA data where RYBREVANT plus LAZCLUZE® achieved a 25% reduction in death risk vs osimertinib (HR 0.75; 95% CI 0.61–0.92; P=0.0048) with median OS projected to exceed 4 years vs 36.7 months for osimertinib.
Dec 17, 2025, 11:49 PM