Apple Inc. (AAPL)
NASDAQ: AAPL · IEX Real-Time Price · USD
184.18
+3.23 (1.79%)
Jun 5, 2023, 11:49 AM EDT - Market open
Apple Stock Forecast
Stock Price Forecast
According to 29 stock analysts, the average 12-month stock price forecast for Apple stock is $182.66, which predicts a decrease of -0.83%. The lowest target is 120 and the highest is 210. On average, analysts rate Apple stock as a buy.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Apple stock from 29 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 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 | Jun '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 8 | 9 | 9 | 10 | 10 |
| Buy | 12 | 11 | 11 | 11 | 14 | 14 |
| Hold | 5 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 23 | 23 | 25 | 25 | 29 | 29 |
Financial Forecast
Revenue This Year
396.06B
from 394.33B
Increased by
0.44%
Revenue Next Year
423.89B
from 396.06B
Increased by
7.03%
EPS This Year
6.07
from 6.11
Decreased by
-0.62%
EPS Next Year
6.73
from 6.07
Increased by
10.87%
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 265.60B | 260.17B | 274.52B | 365.82B | 394.33B | 396.06B | 423.89B | 450.41B | 482.12B | 520.16B |
| Revenue Growth | 15.86% | -2.04% | 5.51% | 33.26% | 7.79% | 0.44% | 7.03% | 6.26% | 7.04% | 7.89% |
| EPS | 2.98 | 2.97 | 3.28 | 5.61 | 6.11 | 6.07 | 6.73 | 7.31 | 7.57 | 8.31 |
| EPS Growth | 29.40% | -0.34% | 10.44% | 71.04% | 8.91% | -0.62% | 10.87% | 8.52% | 3.67% | 9.70% |
| No. Analysts | - | - | - | - | - | 43 | 40 | 15 | 4 | 4 |
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 421.3B | 456.2B | 487.6B | 513.7B | 558.5B |
| Avg | 396.1B | 423.9B | 450.4B | 482.1B | 520.2B |
| Low | 367.6B | 389.2B | 406.9B | 449.6B | 478.3B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 6.8%
| 15.2%
| 15.0%
| 14.1%
| 15.8%
|
| Avg | 0.4%
| 7.0%
| 6.3%
| 7.0%
| 7.9%
|
| Low | -6.8%
| -1.7%
| -4.0%
| -0.2%
| -0.8%
|
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 6.66 | 7.51 | 8.40 | 8.28 | 9.00 |
| Avg | 6.07 | 6.73 | 7.31 | 7.57 | 8.31 |
| Low | 5.27 | 5.51 | 6.15 | 6.82 | 7.57 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 9.0%
| 23.6%
| 24.8%
| 13.4%
| 18.8%
|
| Avg | -0.6%
| 10.9%
| 8.5%
| 3.7%
| 9.7%
|
| Low | -13.7%
| -9.3%
| -8.6%
| -6.6%
| -0.1%
|
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.