What is the current Price Target and Forecast for Apple (AAPL) (2024)

(Delayed Data from NSDQ)

$176.08 USD

176.08

54,083,183

+2.36 (1.36%)

Updated Mar 19, 2024 04:00 PM ET

After-Market: $175.78 -0.30 (-0.17%) 5:30 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank	Definition	Annualized Return
1	Strong Buy	24.18%
2	Buy	17.85%
3	Hold	9.34%
4	Sell	5.12%
5	Strong Sell	2.62%
S&P	500	10.88%

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3-Hold of 5 3

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score	A
Growth Score	A
Momentum Score	A
VGM Score	A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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DValue | AGrowth | CMomentum | BVGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 14% (215 out of 251)

Industry: Computer - Mini computers

Apple (AAPL) Price Targets

Average Price Target	Highest Price Target	Lowest Price Target	Upside to Average Price Target
$207.95	$250.00	$158.00	19.70%

Price Target

Based on short-term price targets offered by 26 analysts, the average price target for Apple comes to $207.95. The forecasts range from a low of $158.00 to a high of $250.00. The average price target represents an increase of 19.7% from the last closing price of $173.72.

Analyst Price Targets (26)

Last Close 173.72

Average 207.95 19.70% Upside Low 158.00 -9.05% Downside High 250.00 43.91% Upside

Broker Rating

Apple currently has an average brokerage recommendation (ABR) of 1.80 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 28 brokerage firms. The current ABR compares to an ABR of 1.80 a month ago based on 28 recommendations.

Of the 28 recommendations deriving the current ABR, 16 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 57.14% and 10.71% of all recommendations. A month ago, Strong Buy made up 57.14%, while Buy represented 10.71%.

Broker Rating Breakdown

	Today	1 Week Ago	1 Month Ago	2 Months Ago	3 Months Ago
Strong Buy	16	16	16	15	17
Buy	3	3	3	3	3
Hold	8	8	8	8	8
Sell	0	0	0	0	0
Strong Sell	1	1	1	1	0
ABR	1.80	1.80	1.80	1.83	1.66

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Date	Brokerage Firm	Analyst	Previous	Current
3/5/2024	Rosenblatt Securities	Barton Crockett	Hold	Hold
3/4/2024	Evercore Partners	Amit Daryanani	Strong Buy	Strong Buy
2/15/2024	KeyBanc Capital Markets	Brandon Nispel	Hold	Hold
2/2/2024	MonnessCrespiHardt & Co.	Brian J White	Strong Buy	Strong Buy
2/2/2024	Piper Sandler	Harsh Kumar	Hold	Hold
2/2/2024	Needham & Company	Laura A Martin	Moderate Buy	Moderate Buy
1/29/2024	Robert W. Baird & Co.	William V Power	Strong Buy	Strong Buy
1/3/2024	D.A. Davidson	Gil Luria	Hold	Hold
12/20/2023	Wedbush Securities	Daniel H Ives	Strong Buy	Strong Buy
11/3/2023	Raymond James	Srini Pajjuri	Moderate Buy	Moderate Buy
11/2/2023	Not Identified	Not Identified	Strong Buy	Strong Buy
8/4/2023	Canaccord Genuity	Thomas M Walkley	Strong Buy	Strong Buy
5/22/2023	Loop Capital Markets	Ananda P Baruah	Strong Buy	Hold

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

Current ABR Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock. ABR vs Zacks Rank	1.80
ABR (Last week)	1.80
# of Recs in ABR	28
Average Target Price	$207.95
LT Growth Rate	12.70%
Industry	Computer - Mini computers
Industry Rank by ABR	215 of 252
Current Quarter EPS Est:	1.50

FAQs

What is the current Price Target and Forecast for Apple (AAPL)? ›

The average price target is $199.85 with a high forecast of $250.00 and a low forecast of $158.00. The average price target represents a 21.12% change from the last price of $165.00.

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What are the current price targets for Apple? ›

Stock Price Target AAPL

High	^$250.00
Median	^$200.00
Low	^$158.00
Average	^$199.65
Current Price	^$165.84

What is the 12 month price target for Apple stock? ›

Stock Price 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.

What will AAPL be worth in 5 years? ›

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.

What is Apple's forecast for 2024? ›

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.

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Is Apple a buy or sell right now? ›

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.

What is the target price for Tesla stock? ›

Stock Price Target

High	$310.00
Low	$68.00
Average	$189.11
Current Price	$142.05

Find Out More ›

Is Apple stock expected to rise? ›

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.

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What is Zacks' recommendation on Apple? ›

Apple currently has an average brokerage recommendation (ABR) of 1.80 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)

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What is the fair price of Apple stock? ›

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%.

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What will AAPL stock be worth in 10 years? ›

Apple Stock Price Prediction 2024-2030

Year	Median Price Prediction	Potential Low
2024	$216	$183
2025	$237	$199
2026	$298	$271
2030	$561	$460

Apr 11, 2024

Learn More Now ›

What stocks are going to split in 2024? ›

Investors looking for potential stock splits before they hit the news may want to consider these assets.

Broadcom (AVGO) Source: Sasima / Shutterstock.com. ...
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Nvidia (NVDA) Source: Poetra.RH / Shutterstock.com.

Mar 20, 2024

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Is Apple stock bullish or bearish? ›

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 selling pressure, which indicates risk of future bearish movement.

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Will Apple stock reach $700 again? ›

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

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What will Apple stock be worth in 2030? ›

If Apple meets analysts' expectations and grows its EPS at a modest compound annual rate of 8% from fiscal 2026 to fiscal 2030, its EPS could reach $10.50. If its valuation remained at 28 times forward earnings at that point, its stock would be trading at $294, giving it a market cap of $4.5 trillion.

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Is Apple stock a buy 2024? ›

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.”

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What is the price target for analysts? ›

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.

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Is Alphabet stock a buy? ›

Keybanc analyst Justin Patterson raised his price target to $175 on Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) stock while reaffirming his overweight (buy) rating. Despite notching gains of 49% during the past 12 months, this suggests potential upside of roughly 14% over the coming year compared to Friday's closing price.

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