Apple Inc. (AAPL)
NASDAQ: AAPL · Real-Time Price · USD
253.48
+2.44 (0.97%)
At close: Dec 17, 2024, 4:00 PM
253.19
-0.29 (-0.11%)
Pre-market: Dec 18, 2024, 7:44 AM EST
Apple Stock Forecast
Stock Price Forecast
The 32 analysts with 12-month price forecasts for Apple stock have an average target of 239.78, with a low estimate of 180 and a high estimate of 300. The average target predicts a decrease of -5.40% from the current stock price of 253.48.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Apple stock from 33 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 13 | 13 | 13 | 13 |
| Buy | 9 | 9 | 8 | 8 | 8 | 8 |
| Hold | 8 | 9 | 10 | 10 | 10 | 10 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 31 | 32 | 32 | 33 | 33 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Reiterates $273 | Buy | Reiterates | $273 | +7.70% | Dec 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $260 | Strong Buy | Reiterates | $260 | +2.57% | Dec 10, 2024 |
| Wedbush | Wedbush | Buy Reiterates $300 | Buy | Reiterates | $300 | +18.35% | Nov 29, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $273 | Buy | Reiterates | $273 | +7.70% | Nov 25, 2024 |
| Maxim Group | Maxim Group | Hold Maintains $203 → $215 | Hold | Maintains | $203 → $215 | -15.18% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
422.84B
from 391.04B
Increased by 8.13%
Revenue Next Year
456.29B
from 422.84B
Increased by 7.91%
EPS This Year
7.54
from 6.08
Increased by 24.05%
EPS Next Year
8.48
from 7.54
Increased by 12.42%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 452.7B | 503.0B | 555.2B | ||
| Avg | 422.8B | 456.3B | 488.6B | ||
| Low | 391.6B | 409.4B | 420.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.8% | 18.9% | 21.7% | ||
| Avg | 8.1% | 7.9% | 7.1% | ||
| Low | 0.1% | -3.2% | -7.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.24 | 9.82 | 12.04 | ||
| Avg | 7.54 | 8.48 | 9.56 | ||
| Low | 6.95 | 7.24 | 7.60 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 35.6% | 30.2% | 42.0% | ||
| Avg | 24.0% | 12.4% | 12.7% | ||
| Low | 14.3% | -4.0% | -10.4% |
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.