Apple Inc. (AAPL)
NASDAQ: AAPL · Real-Time Price · USD
225.00
-3.22 (-1.41%)
At close: Nov 15, 2024, 4:00 PM
225.26
+0.26 (0.12%)
After-hours: Nov 15, 2024, 7:59 PM 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 an increase of 6.57% from the current stock price of 225.00.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 13 | 13 | 13 | 13 | 13 |
| Buy | 11 | 9 | 9 | 8 | 8 | 8 |
| Hold | 8 | 8 | 9 | 10 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 31 | 31 | 32 | 32 | 33 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Hold Maintains $203 → $215 | Hold | Maintains | $203 → $215 | -4.44% | Nov 1, 2024 |
| Barclays | Barclays | Sell Maintains $186 → $184 | Sell | Maintains | $186 → $184 | -18.22% | Nov 1, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $261 → $262 | Strong Buy | Maintains | $261 → $262 | +16.44% | Nov 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $260 | Strong Buy | Reiterates | $260 | +15.56% | Nov 1, 2024 |
| Keybanc | Keybanc | Hold → Sell Downgrades $200 | Hold → Sell | Downgrades | $200 | -11.11% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
422.52B
from 391.04B
Increased by 8.05%
Revenue Next Year
456.58B
from 422.52B
Increased by 8.06%
EPS This Year
7.54
from 6.08
Increased by 23.94%
EPS Next Year
8.48
from 7.54
Increased by 12.51%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 452.7B | 503.0B | 555.2B | |
| Avg | 422.5B | 456.6B | 484.8B | |
| Low | 391.6B | 409.4B | 420.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 15.8% | 19.0% | 21.6% | |
| Avg | 8.1% | 8.1% | 6.2% | |
| Low | 0.1% | -3.1% | -7.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 8.24 | 9.82 | 12.04 | |
| Avg | 7.54 | 8.48 | 9.55 | |
| Low | 6.95 | 7.24 | 7.60 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 35.6% | 30.3% | 42.1% | |
| Avg | 23.9% | 12.5% | 12.6% | |
| Low | 14.3% | -3.9% | -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.