The AAPL stock forecast, based on analyses from Wall Street professionals, indicates a 12-month average price target of $243.72. This projection is derived from the insights of 31 Wall Street analysts who have provided their 12-month price targets for Apple within the last three months.
AAPL 12-Month Price Target Overview
Analysts' predictions for Apple (AAPL) stock over the next year vary, offering a range of potential outcomes. While the average target suggests a slight decrease from its last reported price, there's also a significant high forecast, demonstrating diverse expectations for the tech giant's future performance.
Here’s a summary of the 12-month forecast data:
Metric | Value |
---|---|
Number of Analysts | 31 |
Average Price Target | $243.72 |
High Forecast | $300.00 |
Low Forecast | $184.00 |
Last Price | $249.00 |
Change from Last Price | -2.12% |
Understanding Analyst Price Targets
Stock price targets reflect the estimated future value of a company's stock, as determined by financial analysts. These targets are influenced by a variety of factors, including:
- Company Fundamentals: Revenue growth, profit margins, product innovation, and market share.
- Industry Trends: Overall sector growth, competitive landscape, and regulatory changes.
- Macroeconomic Conditions: Interest rates, inflation, and economic growth forecasts.
- Valuation Models: Analysts use various models like discounted cash flow (DCF), price-to-earnings (P/E) ratios, and peer comparisons to arrive at their targets.
It's important to note that while analyst forecasts provide valuable insights, they are not guarantees of future performance. Investors often consider a range of analyst opinions alongside their own research before making investment decisions.