Does Johnson & Johnson (JNJ) stock go up or down depending on the month?
Johnson & Johnson month by month, year by year
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.8% | +9.3% | -1.6% | -6.0% | -2.0% | +12.7% | +0.9% | |||||
| 2025 | +5.2% | +8.5% | +0.5% | -5.7% | -0.7% | -1.6% | +7.8% | +7.5% | +4.7% | +1.9% | +9.6% | +0.0% |
| 2024 | +1.4% | +1.6% | -2.0% | -8.6% | +1.4% | -0.3% | +8.0% | +5.1% | -2.3% | -1.4% | -3.0% | -6.7% |
| 2023 | -7.5% | -6.2% | +1.1% | +5.6% | -5.3% | +6.7% | +1.2% | -3.5% | -3.7% | -4.8% | +4.3% | +1.3% |
| 2022 | +0.7% | -4.5% | +7.7% | +1.8% | -0.5% | -1.1% | -1.7% | -7.6% | +1.3% | +6.5% | +2.3% | -0.8% |
| 2021 | +3.7% | -2.9% | +3.7% | -1.0% | +4.0% | -2.7% | +4.5% | +0.5% | -6.7% | +0.9% | -4.3% | +9.7% |
| 2020 | +2.1% | -9.7% | -2.5% | +14.4% | -0.9% | -5.5% | +3.6% | +5.2% | -3.0% | -7.9% | +5.5% | +8.8% |
| 2019 | +3.1% | +2.7% | +2.3% | +1.0% | -7.1% | +6.2% | -6.5% | -1.4% | +0.8% | +2.1% | +4.1% | +6.1% |
| 2018 | -1.1% | -6.0% | -1.3% | -1.3% | -5.4% | +1.4% | +9.2% | +1.6% | +2.6% | +1.3% | +4.9% | -12.2% |
| 2017 | -1.7% | +7.9% | +1.9% | -0.9% | +3.9% | +3.2% | +0.3% | -0.3% | -1.8% | +7.2% | -0.1% | +0.3% |
| 2016 | +1.7% | +0.7% | +2.8% | +3.6% | +0.5% | +7.6% | +3.2% | -4.7% | -1.0% | -1.8% | -4.0% | +3.5% |
| 2015 | -4.2% | +2.4% | -1.9% | -1.4% | +0.9% | -2.7% | +2.8% | -6.2% | -0.7% | +8.2% | +0.2% | +1.5% |
| 2014 | -3.4% | +4.1% | +6.6% | +3.1% | +0.2% | +3.1% | -4.3% | +3.6% | +2.8% | +1.1% | +0.4% | -3.4% |
| 2013 | +3.0% | +7.1% | +4.5% | -1.2% | +2.0% | +8.9% | -7.6% | +0.3% | +6.8% | +2.2% | -3.2% | |
| Average | +0.7% | +0.8% | +1.8% | +0.7% | -0.9% | +2.1% | +2.7% | -0.6% | -0.5% | +1.6% | +1.7% | +0.4% |
| % of years up | 62% | 64% | 64% | 50% | 43% | 57% | 79% | 46% | 46% | 69% | 69% | 62% |
| Years observed | 13 | 14 | 14 | 14 | 14 | 14 | 14 | 13 | 13 | 13 | 13 | 13 |
Johnson & Johnson month by month: the summary
Over 2013-2026, here's what Johnson & Johnson (JNJ) stock did each month, on average: January +0.7% (up 62% of 13 years), February +0.8% (up 64% of 14 years), March +1.8% (up 64% of 14 years), April +0.7% (up 50% of 14 years), May -0.9% (up 43% of 14 years), June +2.1% (up 57% of 14 years), July +2.7% (up 79% of 14 years), August -0.6% (up 46% of 13 years), September -0.5% (up 46% of 13 years), October +1.6% (up 69% of 13 years), November +1.7% (up 69% of 13 years), December +0.4% (up 62% of 13 years). In other words, JNJ historically rose in January, February, March, April, June, July, October, November, December, and fell in May, August, September.
Does Johnson & Johnson really go up in July?
Over 2013-2026, July is Johnson & Johnson's strongest month: +2.7% on average, positive in 11 of 14 years. At the other end, May shows -0.9%. But a monthly gap is often built on one or two extreme years — the table above shows it: look at the spread, not just the average. Seasonality only means something when it has a cause (selling season, earnings calendar, year-end tax effects); with no identified cause, it's probably noise.
Frequently asked questions
Does Johnson & Johnson stock go up or down in August?
Over 13 years, JNJ fell -0.6% on average in August, finishing the month up 6 times out of 13 (46%). Median: -0.3%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.
Does Johnson & Johnson stock go up or down in June?
Over 14 years, JNJ rose +2.1% on average in June, finishing the month up 8 times out of 14 (57%). Median: +1.7%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.
Does Johnson & Johnson stock go up or down in March?
Over 14 years, JNJ rose +1.8% on average in March, finishing the month up 9 times out of 14 (64%). Median: +1.5%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.
Does Johnson & Johnson stock go up or down in November?
Over 13 years, JNJ rose +1.7% on average in November, finishing the month up 9 times out of 13 (69%). Median: +2.2%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.
Does Johnson & Johnson stock go up or down in October?
Over 13 years, JNJ rose +1.6% on average in October, finishing the month up 9 times out of 13 (69%). Median: +1.3%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.
Does Johnson & Johnson stock go up or down in February?
Over 14 years, JNJ rose +0.8% on average in February, finishing the month up 9 times out of 14 (64%). Median: +2.0%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.
What is the best month to buy Johnson & Johnson stock?
Historically, July: over the last 14 years, JNJ gained +2.7% on average that month and finished up 79% of the time (14 years observed). May is the weakest month (-0.9%). This is not a prediction: 14 years is a small sample, and the past is under no obligation to repeat.
Do Johnson & Johnson's quarterly earnings move the stock?
July — when Johnson & Johnson reports quarterly earnings — has been its best month over 14 years (+2.7% on average, up 79% of years). Earnings are a known driver of moves. ⚠️ This is a past tendency over a short history, not a rule. Use it as context, never as a buy plan.
Why does Johnson & Johnson stock often rise in July?
July has averaged as its best month over 14 years (+2.7%, up 79% of years). This month covers Johnson & Johnson's quarterly earnings release — a known driver of moves, and over this history it has tended to push the stock higher.
Why is Johnson & Johnson stock weaker in May?
May has averaged as its weakest month over 14 years (-0.9%, up only 43% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 14 years of history, not a prediction.
Is there a best month to invest in the stock market in general?
There's no universal rule: every stock has its own seasonality. For JNJ it's July (+2.7% on average over 14 years) — another stock will look completely different. The calendar effects people cite ("sell in May", the year-end rally) are market-wide averages, not laws: on JNJ, July is the most consistent month (79% positive years). We also rank all 12 months for the whole market.
Does stock seasonality actually work?
Careful. A month that rose 14 times out of 14 can simply be chance: with 12 months and a dozen years, patterns appear naturally even in random data. Seasonality describes what happened; it doesn't explain why and predicts nothing. Treat it as context, never as a standalone buy signal.
What data is this table based on?
On JNJ's real monthly closing prices from 2013 to 2026 (14 years), source Yahoo Finance. Each cell = the price change over that month. Price performance, excluding dividends. Incomplete months and quote gaps are excluded.