Apple (NasdaqGS:AAPL) Stock Forecast & Analyst Predictions - Simply Wall St (2024)

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What is the Nasdaq forecast for Apple? ›

Apple Stock 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 24.20% from the current stock price of 165.00.

Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings. What was the 52-week low for Apple stock? The low in the last 52 weeks of Apple stock was 162.69.

AAPL Stock Forecast FAQ

Based on analyst ratings, Apple's 12-month average price target is $200.21. What is AAPL's upside potential, based on the analysts' average price target? Apple has 18.86% upside potential, based on the analysts' average price target.

As of 2024-04-22, 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 USD, the upside of Apple Inc is -49.1%.

The Apple stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of AAPL stock is predicted to rise by 1.10% tomorrow and gain 3.48% in the next 7 days.

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.

Apple stock price stood at $165.84

According to the latest long-term forecast, Apple price will hit $200 by the middle of 2025 and then $300 by the end of 2027. Apple will rise to $350 within the year of 2029, $400 in 2030, $450 in 2033 and $500 in 2035.

Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and AAPL is experiencing slight selling pressure.

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.

The lowest closing price for Apple (AAPL) all-time was $0.04, on July 8, 1982. The latest price is $165.

How high can Apple stock go in 2025? ›

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.

Alphabet Class A's analyst rating consensus is a Strong Buy. This is based on the ratings of 37 Wall Streets Analysts.

Risk Analysis of Apple Inc ( AAPL | USA)

"The Risk Score is a relevant measure for the assessment of a stock attractiveness. Apple Inc shows a Risk Score of 9.00. 0 corresponds to a very high risk and 10 corresponds to a very low risk."

Apple's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $6.42. Therefore, the Peter Lynch Fair Value for today is $117.49. As of today (2024-04-18), Apple's share price is $167.93.

Apple, the world's largest company with a $2.81 trillion market cap, has grown at over 25% CAGR in the past decade. Based on the S&P 500's historical 11.1% ROI, Apple's stock could reach $1,093 by 2040 and $3,140 by 2050.

According to Various Analysts, Microsoft Stock the Price Per Share at $420 by the End of 2024, $480 in 2025, $530 in 2026, $530 — $580 in 2027, $580 — $630 in 2028, $680 in 2029, $730 in 2030, $3,000 or Even $5,000 in 2035, $10,000 in 2040, $50,000 or Even $100,000 in 2050, $50k to $100k+ in 2060, According to ...