Apple Stock Forecast 2024-2028 These five years would bring an increase: Apple price would move from $229 to $431, which is up 88%. Apple will start 2024 at $229, then soar to $254 within the first six months of the year and finish 2024 at $265.
Full Answer
How much does Apple stock cost per share?
Feb 04, 2021 · Apple 's ( AAPL -1.09%) stock price has rallied about 460% over the past five years, defying the bears who claimed its heyday was over. The tech giant's annual revenue rose from $215.6 billion to ...
Where will Apple stock be in 5 years?
Jul 09, 2021 · This gets me an earnings estimate of $7.60 for 2026. Putting a 25x multiple on Apple gets a price target of $190 for AAPL in 2026. At today's price of over $143 as of writing this, this is roughly ...
When will Apple stock split again?
May 06, 2022 · Apple Stock Forecast 2024-2028 These five years would bring an increase: Apple price would move from $229 to $431, which is up 88%. Apple will start 2024 at $229, then soar to $254 within the first six months of the year and finish 2024 at $265. That means +64% from today. Apple Stock Forecast 2029-2033
Should I Buy Apple shares?
May 10, 2022 · Have you ever wondered what the price of the Apple stock will be in the next five years? Well, we believe that the stock will record a more than 160% increase within the next five years. If that should happen, then 2027 will be the year the stock will reach the $400 mark. The price of the Apple stock is expected to be $406 by mid-2027.
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Dec 25, 2020 · Contrary to some subsequent accounts, the shares did not really take off until the mid-2000s. In December 2004 they traded at $1.16, by December 31, 2010 they changed hands at $11.52 and by December 22, 2020 they were worth $131.88. So the Apple stock price has risen more than elevenfold during the past 10 years.
Summary
Apple's business is healthy and should continue to perform well, but the current valuation is inflated. This is likely to cap your long-term upside.
Is Apple a Good Long-Term Stock?
Apple has historically been a great long-term stock due to being a great business and the behavioral bias of disposition effect selling. Back when I made my Apple trade, I sketched out the thesis for Apple on the back of a napkin.
Where Will Apple Stock Be in 5 Years?
The quickest way for me to value Apple is to adjust analyst earnings estimates for sandbagging and then make some quick growth assumptions to get 2026 earnings. Apple beats analyst earnings estimates somewhere around 90 percent of the time historically, so we have to adjust for analysts being lazy.
Is AAPL a Good Buy Now?
Apple would need a substantial pullback before I would consider the stock a good buy. The last time I covered Apple, I suggested buying Apple on any pullback to 20x earnings, which would now imply buying a dip to the $110 to $115 range-possibly closer to $100 in a broader market downturn.
How much will Apple price in 2023?
These five years would bring a significant increase: Apple price would move from $179 to $429, which is up 140%. Apple will start 2023 at $179, then soar to $211 within the first six months of the year and finish 2023 at $243. That means +78% from today.
What is the price of Apple in 2021?
Apple price started in 2021 at $132.69. Today, Apple traded at $148.56, so the price increased by 12% from the beginning of the year. The forecasted Apple price at the end of 2021 is $165 - and the year to year change +24%. The rise from today to year-end: +11%.
What is the price to earnings ratio of Apple?
Apple has a price-to-earnings ratio of 37 , which means you may be paying a premium to invest in a company that’s growing at the rate of Apple. According to analysts, investors should expect Apple’s earnings per share to compound at an average rate of roughly 13% per year for the next five years.
When did Apple come out?
Apple first came to the market in 1976, when it was founded by businessmen Steve Jobs, Steve Wozniak, and Ronald Wayne. (Wayne left the company just 12 days later, selling his share back to his co-founders for just $800). Originally called Apple Computer Company, it was incorporated in 1977.
What percentage of Apple revenue comes from services?
Back in 2019, 18% of Apple’s revenue came from Apple services as opposed to products. Apple CEO Tim Cook has previously claimed that services will be a new foundation for the company moving forward. These include iTunes, iCloud, Apple Pay, the App Store, and Apple Music.
When was the first iPhone released?
The world’s first iPhone was released in 2007. As we can see in the price chart above, this signalled one of Apple’s first bullish runs — and this trend has continued ever since. The stock price tends to increase after the announcement and release of each new iPhone model.
Is Apple the most valuable company in the world?
Apple is the world’s most valuable tech company, and it usually makes sense to back the bigger player. On top of this, Apple has a loyal customer base devoted to its brand and to its ability to deliver distinctive and stylish products. Of course, this may not last. The computer market is not particularly sentimental.
Is Apple a monopoly?
There have also been rumblings from lawmakers in Washington about “anti-trust concerns” regarding Apple. It may well be the company’s best course of action to state that Apple has a monopoly only over its own products and services, as does an artisan baker or a dressmaker.
What is the European Commission investigating?
One relates to allegations that Apple restricts installation of apps on various devices to those it supplies itself, and the second concerns claims that its payment system Apple Pay employs restrictive practices. Both sets of allegations are denied.
First piece of the puzzle: valuation
There are several different ways to estimate how much a stock may be worth in the future. In this case, I will keep things simple, and use the traditional price-to-earnings, or P/E ratio methodology.
Second piece of the puzzle: earnings
Valuation multiples do not tell the whole story, however. Apple stock can also rise on future financial performance, especially if the results beat current expectations.
Twitter speaks
Is it reasonable for Apple stock to double in three years, for about 25% annualized gains? Or will shares produce more modest returns going forward? Twitter seems to be very bullish:
Explore more data and graphs
The graph used in this report was provided by Stock Rover. I have been impressed with the breadth and depth of information on markets, stocks and ETFs that this platform provides. Stock Rover also helps to set up detailed filters, track custom portfolios and measure their performance relative to a number of benchmarks.
Who is the CEO of Apple?
That commitment to melding technology with the liberal arts was established under late founder Steve Jobs, and it continues to this day under current CEO Tim Cook . And as long as Apple's future management takes care of the brand and expands it into new areas, Apple should continue its strong track record.
What is Apple about?
Apple has always been about the intersection of technology and humanity, and as we become more and more attached to our electronic devices, it's not a surprise that these devices, which are on or near our bodies virtually 24/7, would become pivotal tools in improving our health.
What is Apple's innovation?
Apple's innovations are usually incremental, applying its design chops to the latest consumer tech trends. Apple didn't invent the MP3 player or the smartphone, but it went on to dominate those products through its focus on design, user experience, and brand cachet. Looking out 10 years, the Apple of 2030 should continue to incrementally improve ...
Is Apple working on a car?
Aside from potential smart glasses, Apple is also rumored to be working on a self-driving car. However, the Apple car, code-named Project Titan, has gone through several fits and starts over the years, with some believing Apple has now abandoned the car idea altogether to focus on autonomous software systems.
What services does Apple offer?
Apple has put a lot of money and resources behind a slew of new Apple-branded services over the past year: Apple TV+, the Apple credit card, Apple News+, and Apple Arcade, supplementing the existing Apple Care, iCloud storage, Apple Music, and Apple Pay services the company had already developed out over the past few years.
Is Apple a healthcare company?
That sounds pretty bold, given that Apple has invented some of the most consequential technology innovations in modern times and is definitely not a healthcare company by trade. At least not yet.
What did Warren Buffett say about the iPhone?
As Apple investor Warren Buffett said of the iPhone: "It's a very, very, very valuable product to people that build their lives around it. And that's true of 8-year-olds and 80-year-olds.". In other words, the iPhone isn't just a phone but is now the best distribution platform in the world.
