Apple Inc (AAPL) Stock Forecast & Price Targets - Stock Analysis (2024)

Apple Inc (AAPL)

NASDAQ: AAPL · IEX Real-Time Price · USD

168.00

-1.38 (-0.81%)

At close: Apr 17, 2024, 4:00 PM

168.45

+0.44 (0.26%)

After-hours: Apr 17, 2024, 7:59 PM EDT

Stock Price Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.93, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 21.98% from the current stock price of 168.00.

Target Low Average Median High
Price $158 $204.93 $205 $250
Change -5.95% +21.98% +22.02% +48.81%

Analyst Ratings

The average analyst rating for Apple stock from 31 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111112121110
Buy 131311101010
Hold 10101091010
Sell 001111
Strong Sell 111100
Total 353535333231

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date

Maxim Group

Maxim Group

Hold

Initiates

$178

Hold Initiates $178 +5.95% Apr 17, 2024

Needham

Needham

Strong Buy

Reiterates

$220

Strong Buy Reiterates $220 +30.95% Apr 16, 2024

JP Morgan

JP Morgan

Buy

Maintains

$215$210

Buy Maintains $215$210 +25.00% Apr 11, 2024

Wedbush

Wedbush

Buy

Reiterates

$250

Buy Reiterates $250 +48.81% Apr 9, 2024

Loop Capital

Loop Capital

Hold

Maintains

$185$170

Hold Maintains $185$170 +1.19% Apr 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

395.24B

from 383.29B

Increased by 3.12%

from 383.29B

Revenue Next Year

420.97B

from 395.24B

Increased by 6.51%

from 395.24B

EPS This Year

6.68

from 6.13

Increased by 9.05%

from 6.13

EPS Next Year

7.29

from 6.68

Increased by 9.05%

from 6.68

Year 2019202020212022202320242025202620272028
Revenue 260.17B274.52B365.82B394.33B383.29B395.24B420.97B441.52B513.00B552.44B
Revenue Growth -2.04%5.51%33.26%7.79%-2.80%3.12%6.51%4.88%16.19%7.69%
EPS 2.973.285.616.116.136.687.297.878.9610.04
EPS Growth -0.34%10.44%71.04%8.91%0.33%9.05%9.05%7.97%13.78%12.13%
No. Analysts -----41391844

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 416.9B 456.4B 488.5B 538.2B 587.9B
Avg 395.2B 421.0B 441.5B 513.0B 552.4B
Low 368.7B 379.2B 388.8B 483.5B 512.8B

Revenue Growth

Revenue Growth 20242025202620272028
High

8.8%

15.5%

16.0%

21.9%

14.6%

Avg

3.1%

6.5%

4.9%

16.2%

7.7%

Low

-3.8%

-4.1%

-7.6%

9.5%

-0.0%

EPS Forecast

EPS 20242025202620272028
High 7.25 8.09 8.88 10.19 11.50
Avg 6.68 7.29 7.87 8.96 10.04
Low 6.17 6.38 7.02 7.70 8.57

EPS Growth

EPS Growth 20242025202620272028
High

18.2%

20.9%

21.9%

29.4%

28.4%

Avg

9.0%

9.1%

8.0%

13.8%

12.1%

Low

0.7%

-4.6%

-3.7%

-2.1%

-4.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.

Apple Inc (AAPL) Stock Forecast & Price Targets - Stock Analysis (2024)

FAQs

Apple Inc (AAPL) Stock Forecast & Price Targets - Stock Analysis? ›

The average price target for Apple is $204.77. This is based on 33 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $275.00 ,the lowest forecast is $164.00. The average price target represents 7.79% Increase from the current price of $189.98.

What is the target price for AAPL? ›

Stock Price Targets
High$275.00
Median$201.73
Low$125.00
Average$203.01
Current Price$186.88

What is the Apple stock forecast? ›

Apple Stock Forecast

The 29 analysts with 12-month price forecasts for Apple stock have an average target of 204.83, with a low estimate of 164 and a high estimate of 250. The average target predicts an increase of 7.88% from the current stock price of 189.87.

Is AAPL a buy or sell? ›

The Apple stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

What is Apple's forecast for 2024? ›

Apple Stock Price Forecast 2024-2025

Apple price started in 2024 at $192.53. Today, Apple traded at $189.98, so the price decreased by -1% from the beginning of the year. The forecasted Apple price at the end of 2024 is $222 - and the year to year change +15%. The rise from today to year-end: +17%.

What is the 12 month forecast for Apple stock? ›

Based on analysts offering 12 month price targets for AAPL in the last 3 months. The average price target is $204.77 with a high estimate of $275 and a low estimate of $164.

What is Apple's target? ›

Affluent individuals and households who view technological devices as more than mere gadgets are a significant target for Apple. They seek targeted consumers willing to pay higher prices for superior design, seamless user experience, and the prestige that comes with owning an Apple product.

Who is the largest shareholder of Apple? ›

According to the latest TipRanks data, approximately 51.83% of Apple (AAPL) stock is held by retail investors. Who owns the most shares of Apple (AAPL)? Vanguard owns the most shares of Apple (AAPL).

What is the financial forecast for Apple? ›

Apple Financial Overview

Apple's market cap is currently ―. The company's EPS TTM is $6.43; its P/E ratio is 29.91; and it has a dividend yield of 0.50%. Apple is scheduled to report earnings on July 24, 2024, and the estimated EPS forecast is $1.33.

What is the fair value of Apple? ›

As of 2024-05-26, the Fair Value of Apple Inc (AAPL) is 84.1 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 189.98 USD, the upside of Apple Inc is -55.7%.

Is amzn a buy right now? ›

Of the 64 Amazon stock analysts following the company, 95% hold a buy rating, according to FactSet. Further, FactSet data shows those analysts have, on average, set a 12-month price target of 222.26 for Amazon stock, according to FactSet.

What is the most expensive stock in the world? ›

Berkshire Hathaway Inc.: Are you amazed to see Warrant Buffet's company at the top of the list of most expensive stock? Yes, this consumer goods conglomerate is the world's most expensive stock, which has a current market price of US$ 630500.

What will Apple stock be worth in 2025? ›

Long-Term Apple Stock Price Predictions
YearPredictionChange
2025$ 242.4227.60%
2026$ 309.3462.83%
2027$ 394.73107.78%
2028$ 503.70165.13%
2 more rows

What is Apple's stock projected in 5 years? ›

We expect the stock to reach $237 per share by the end of 2025. End of 2026: We predict that Apple's stock price could further increase to $298, driven by continuing interest rate reductions. End of 2030: Apple could reach a market cap of $8.7 trillion by 2030, representing a share price of $561.

How much will Tesla stock be worth in 2025? ›

Tesla Stock Price Prediction for 2025

End-of-Year 2025: Most Bullish Projection: 786.21 (StockScan) Most Bearish Projection: 128.96 (WalletInvestor)

Will Apple increase dividends in 2024? ›

We are also raising our quarterly dividend for the twelfth year in a row.” Apple's board of directors has declared a cash dividend of $0.25 per share of the Company's common stock, an increase of 4 percent. The dividend is payable on May 16, 2024 to shareholders of record as of the close of business on May 13, 2024.

What is Apple's 5 year price prediction? ›

Apple Inc quote is equal to 190.000 USD at 2024-05-26. Based on our forecasts, a long-term increase is expected, the "AAPL" stock price prognosis for 2029-05-16 is 313.980 USD. With a 5-year investment, the revenue is expected to be around +65.25%. Your current $100 investment may be up to $165.25 in 2029.

What is the fair price of Apple stock? ›

As of 2024-05-26, the Fair Value of Apple Inc (AAPL) is 84.1 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 189.98 USD, the upside of Apple Inc is -55.7%.

Top Articles
Latest Posts
Article information

Author: Msgr. Refugio Daniel

Last Updated:

Views: 6744

Rating: 4.3 / 5 (54 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Msgr. Refugio Daniel

Birthday: 1999-09-15

Address: 8416 Beatty Center, Derekfort, VA 72092-0500

Phone: +6838967160603

Job: Mining Executive

Hobby: Woodworking, Knitting, Fishing, Coffee roasting, Kayaking, Horseback riding, Kite flying

Introduction: My name is Msgr. Refugio Daniel, I am a fine, precious, encouraging, calm, glamorous, vivacious, friendly person who loves writing and wants to share my knowledge and understanding with you.