Apple (AAPL) Hedge Fund Trading Activity - TipRanks.com (2024)

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What are the analysts saying about Apple stock? ›

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.6, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 23.15% from the current stock price of 166.15.

Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 29 Wall Streets Analysts.

After Apple's recent earnings report, 43 analysts projected the company's 2024 revenue to come in at $388.3 billion, similar to the previous 12 months. Predicted earnings per share stood at $6.55, also consistent with last year's results.

According to our current AAPL stock forecast, the value of Apple shares will rise by 2.79% and reach $ 169.61 per share by April 25, 2024.

No, Apple stock is not a buy right now. It needs to form a new base in the right market conditions before setting a potential buy point. Check out IBD's Big Picture column for the current market direction. Keep an eye on the overall stock market.

Arthur D.

Contrary to common belief, Tim Cook, Apple's CEO, is not the company's largest individual shareholder. Arthur Levinson is Apple's largest individual shareholder, owning 4.43 million shares as of February 2024.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Berkshire Hathaway Inc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Fmr Llc, Morgan Stanley, and Price T Rowe Associates Inc /md/ .

The rise from today to year-end: +7%. In the middle of 2024, we expect to see $180. In the first half of 2025, the Apple price will climb to $203; in the second half, the price would add $13 and close the year at $216, which is +27% to the current price.

Indeed, Apple shares will never get back to $700, says The Economist.

How high will Apple stock go in 5 years? ›

According to analysts, it was projected that Apple's share price could reach $220 by the end of 2023, $250 in 2024. Apple long term stock forecast is anticipated to be $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029. In 2030, analysts anticipate Apple shares will be worth $510.

Long-term retirement stocks: Apple (AAPL)

One of the best stocks for a retirement portfolio is the tech giant Apple (NASDAQ:AAPL). It enjoys the best position in the industry and has the finest products and services to offer. The one thing that sets Apple apart from the rest is its brand name and customer loyalty.

Of the 28 analysts covering Apple stock, 15 rate it as a “Strong Buy,” while 3 call it a “Moderate Buy.” Nine more analysts rate it as a “Hold,” while 1 says it's a “Strong Sell.”

After climbing 48% in 2023, Apple (NASDAQ: AAPL) stock has underperformed so far in 2024. The stock is down about 11% year to date, in part, due to worries regarding slowing iPhone sales in China. However, one Wall Street analyst sees this price dip as a buying opportunity.

If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year.

Apple Inc quote is equal to 164.960 USD at 2024-04-21. Based on our forecasts, a long-term increase is expected, the "AAPL" stock price prognosis for 2029-04-11 is 304.300 USD. With a 5-year investment, the revenue is expected to be around +84.47%. Your current $100 investment may be up to $184.47 in 2029.

As of 2024-04-23, the Fair Value of Apple Inc (AAPL) is 83.95 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 165.84 USD, the upside of Apple Inc is -49.4%.

Price targets are based on a variety of factors, such as the company's financial performance, its industry outlook, and its competitive landscape. Analysts use price targets to make investment decisions, such as whether to buy, sell, or hold a stock.