In the next five years, Apple’s stock price will soar from $270 to $550. We estimate that the company will begin 2024 at $270, soar to $262 within the first six months and end 2024 at $420. In five years, Apple’s stock price will reach $570, which is a 173% increase from today.
Full Answer
Is Apple stock still worth buying?
Thursday, December 9, 2021 9:10 AM EST. Apple stock has been one of the strongest stocks in the stock market over the past couple of months. Traders and investors continue to flock to AAPL stock during every market sell off, but is now a good time to buy Apple stock, or is it better to wait for a pullback. Image Source: Unsplash.
Is it too late to buy Apple stock?
now might be the time to enter the stock. Its prosperous future profit outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy EME. But before you ...
Should you sell your Apple stock?
You should sell that stock, even if it means incurring a loss. The key to successful investing is to rely on your data and analysis instead of Mr. Market's emotional mood swings.
How much money does Apple stock cost?
Key Takeaways
- Apple manufactures smartphones, personal computers, tablets, wearables, and accessories, and offers digital streaming-content services.
- Apple's rivals include Samsung Electronics Co. ...
- Apple earned net income of $57.4 billion on $274.5 billion of net sales in FY 2020.
How much will Apple stock be worth in 2025?
Apple (AAPL) is predicted to increase in value over the next several years, according to the latest prediction. Apple's share price is expected to reach $220 by the end of 2022, $250 in 2023, $270 in 2024, $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029, according to data forecasts.
What is the 5 year average return of Apple stock?
Analysis. Apple's 5 year price total return is 288.9%.
How high will Apple go in 2022?
Apple Stock Forecast 2022: Conclusion Analysts are expecting it to grow at 15% over the next five years, its earnings could increase from $5.61 per share to $35 per share in the next five years. The stock is trading at 28 times earnings and a similar ratio will take it to $980 stock price in the next 10 years.
Will Apple stock continue to grow?
With 10% annual earnings per share growth, Apple would be a pretty fast-growing enterprise, considering its already very large size. In that scenario, earnings per share could climb from $6.15 in 2022 to around $15.90 in 2032.
What will Apple be worth in 10 years?
The Bottom Line Assuming 18% compound annual growth over the next decade, your $10,298 investment in Apple would be worth $53,898.
Is Apple a good buy in 2022?
For the full fiscal year 2022, analysts are forecasting Apple's top line to improve 8% to $394.2 billion and its earnings per share to increase 10% to $6.15. Investors should like where the iPhone maker is positioned today.
How much will Apple stock be in 2030?
The data forecast predicted that Apple share price is set to increase to $220 by the end of 2022, $250 in 2023, $270 in 2024, $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028 and $480 in 2029. Apple stock prediction for 2030 is expected to reach $510.
Is Apple a good long-term investment?
Summary. Few companies exemplify how long-term investing can help you retire rich as Apple, which is up, 2,127X over the last 35 years. The good news is that Apple is still one of the best companies on earth, and is expected to grow 14.5% over time, meaning it can make you rich over time.
What is future of Apple stock?
Stock Price Forecast The 39 analysts offering 12-month price forecasts for Apple Inc have a median target of 190.00, with a high estimate of 219.94 and a low estimate of 145.00. The median estimate represents a +34.54% increase from the last price of 141.22.
Will Apple stock ever reach $1000?
Prolific analyst Kuo is predicting Apple hits the market with a mixed reality device next year with a high-end price tag of $1,000. The tech giant plans to release a second-generation headset in 2024 with a goal of selling 10 million units.
Apple Has A Giant Cash Problem
The biggest problem in Apple’s business is an excess of cash, and I’m aware that sounds counterintuitive. But consider that Warren Buffett hates holding onto too much cash, because it loses its value to inflation. Instead, the Oracle of Omaha recommends investing that cash into companies that can grow it.
Apple Current Financial Multiples
Apple started 2021 trading around $125 per share, with a price-to-earnings ratio over 38x. Many analysts believe this P/E ratio could grow over 40x in 2021 as the price reaches over $150.00 per share.
The Apple Car Could Be A Game Changer
Tesla ( TSLA) isn’t the only company working on an all-electric autonomous vehicle for consumers. Apple started working on its Project Titan vehicle at its Cupertino headquarters in 2014. At the time, Tesla CEO Elon Musk even considered selling his car company to the tech giant.
Apple Vs FANG Stock Index
Perhaps the most powerful stock index on the market from 2010-2020 was the FANG index. Facebook ( FB ), Amazon ( AMZN ), Netflix ( NFLX ), and Google ( GOOG) represent the next level of internet-based tech conglomerates taking on the old guard.
Where Will Apple Stock Be In 5 Years? Summary
Apple stock fought hard over the past 40 years to become the world’s most valuable company on more than one occasion. It was the first company to reach $1 trillion market capitalization and the only remaining $2 trillion company in the pandemic economy starting 2021.
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.
Apple Stock Price Forecast 2022-2023
Apple price started in 2022 at $177.57. Today, Apple traded at $167.30, so the price decreased by -6% from the beginning of the year. The forecasted Apple price at the end of 2022 is $234 - and the year to year change +32%. The rise from today to year-end: +40%. In the middle of 2022, we expect to see $196 per 1 Apple.
Apple Stock Forecast 2024-2028
These five years would bring an increase: Apple price would move from $266 to $494, which is up 86%. Apple will start 2024 at $266, then soar to $278 within the first six months of the year and finish 2024 at $286. That means +71% from today.
Historical Forecasts
Apple price started in 2022 at $177.57. Today, Apple traded at $172.39, so the price decreased by -3% from the beginning of the year. The forecasted Apple price at the end of 2022 is $248 - and the year to year change +40%. The rise from today to year-end: +44%. In the middle of 2022, we expect to see $208 per 1 Apple.
Creativity and dynamism
Sometimes the cause was a change in the regulatory climate or an anti-monopoly action to break up the business concerned. Sometimes it was a technological change. On occasion, the business was brought down by a general economic crisis.
An unsentimental market
Not until the launch of the iMac in 1998, a personal computer with a striking design, did the Apple we know today really start to take shape.
So where will Apple be in 10 years?
Well, as for the potential competitive or technological threats Apple faces over the next 10 years, these are hard-to-impossible to quantify. Who knows what the tech landscape will look like even five years from now, how devices may have changed and consumer tastes altered?
The iPhone-maker will become a broader services ecosystem over the next decade, but the iPhone will still be key
Earlier this year, Forbes magazine rated Apple ( AAPL -1.42% ) as the most valuable brand in the world for the 10th straight year. That's pretty impressive for a company that's focused on technology, an industry in which things can change at light speed.
NASDAQ: AAPL
Looking out 10 years, the Apple of 2030 should continue to incrementally improve its hardware products and even introduce some new ones -- but in a new twist, Apple will also expand its brand to develop a suite of bundled consumer services. That will be a big challenge for the tech giant, but also an opportunity.
Still making gadgets and iPhones
While many think we'll all be living on Mars and communicating through telepathy in 2030, I think we'll still be using smartphones as our primary gateway to the world. Of course, it will be a far better, faster, and more functional smartphone, operating on one of the 5G networks currently in their early buildouts today.
Services will be key
Since the iPhone established itself as the world's most important electronic device in 2007, it has only grown in importance to consumers ever since. 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."
Can healthcare be a game-changer?
Of Apple's healthcare initiatives, CEO Tim Cook once said, "If you zoom out into the future, and you look back, and you ask the question, 'What was Apple's greatest contribution to mankind?' It will be about health." 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..
A brave new world for Apple
As Apple's devices become more and more intimately intertwined with our own lives, there's tremendous opportunity for the company, but also risk. After all, creating beautiful devices is one thing.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
