What will Apple stock be worth in 2024? (2024)

What will Apple stock be worth in 2024?

To this end, one analyst recently took a surprisingly bullish stance on one of these three juggernauts: Apple. Wedbush analyst Daniel Ives said in late December that he expects the iPhone maker to command a $4 trillion market capitalization and a price of $250 by the end of 2024.

What is the prediction for Apple stock in 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.

Will Apple grow in 2024?

Statista data says Apple's U.S. ad revenue in 2020 was $2.2 billion. In 2024, it's expected to be $6.2 billion, with a compound annual growth rate of 29.6%. If it were to maintain this CAGR through 2028, its annual ad revenue would be $17.5 billion, almost as much as its current Services revenue.

What are the stock market predictions for 2024?

Wall Street analysts are expecting earnings to rebound in the first half of 2024, projecting a 4.6% increase in S&P 500 earnings in the first quarter and another 9.4% growth in the second quarter.

What will Apple stock be worth in 2025?

What is the Apple stock prediction for 2025? According to our Apple stock prediction for 2025, AAPL stock will be priced at $ 233.27 in 2025. This forecast is based on the stock's average growth over the past 10 years.

Is Apple worth investing in 2024?

Owning Apple stock in 2024 will almost certainly mean more cash is headed your way. Thanks to its highly efficient global business, industry-leading profit margins, and the ongoing tilt toward services sales, Apple generates well over $100 billion a year in operating cash flow.

Is Apple a good investment in 2024?

The good news is that with a strong brand, a devoted customer base, and solid financials, the stock could still make for a great long-term investment. Buying shares of Apple on weakness this year could be an enticing option for investors. Although 2024 may be a bad year for Apple, the business itself remains strong.

Will Apple stock fall in 2024?

Apple may have the most significant decline among the major global phone brands in 2024,” the analyst writes. Apple shares were 2% lower, at $187.94, in recent trading.

Is Apple a good buy now?

Apple has 11.81% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 8 hold ratings and 1 sell ratings.

Is Apple a buy or sell?

Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 70 buy ratings, 27 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 143.90.

What is the best industry to invest in 2024?

5 of the Most Promising Industries To Invest In for 2024
  • Tech Still Rules the Roost. Tech continues to dominate in 2024. ...
  • Healthcare Crosses New Frontiers. ...
  • Clean Energy Charges Up. ...
  • Finance — Bringing Future Finance to the Masses. ...
  • E-commerce Still Has Room To Run.
Feb 11, 2024

What to invest in 2024?

Here's a look at various investments that can provide income in your portfolio for 2024:
  • Bonds and bond ETFs.
  • Dividend-paying stocks and ETFs.
  • Master limited partnerships.
  • Real estate investment trusts.
  • Annuities.

What is the best sector to invest in in 2024?

However, based on current trends and expert insights, here are some sectors with promising prospects for 2024:
  1. Technology: India's booming tech sector, fueled by digital adoption and government initiatives like 'Digital India,' offers significant opportunities. ...
  2. Infrastructure: ...
  3. Healthcare: ...
  4. Consumer Staples: ...
  5. Green Energy:
Jan 4, 2024

What will Apple shares be worth in 10 years?

According to analysts, it was projected that Apple's share price could reach $220 by the end of 2023, $250 in 2024. Apple long term stock forecast is anticipated to be $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029.

How high is Apple stock expected to go?

Stock Price Forecast

The 32 analysts with 12-month price forecasts for Apple stock have an average target of 203.25, with a low estimate of 120 and a high estimate of 250. The average target predicts an increase of 11.36% from the current stock price of 182.52.

How high will Apple stock go?

According to analysts, it was projected that Apple's share price could reach $220 by the end of 2023, $250 in 2024. Apple long term stock forecast is anticipated to be $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029.

How high will Apple stock go in 5 years?

What Apple price will be in 5 years and 12 years – prediction by years
YearPrice in the middle of the yearPrice at the end of the year
2024$208.41$223.2
2025$237.98$254.87
2026$271.75$291.03
2027$310.31$332.33
8 more rows

What is Apple stock return over 5 years?

Five Year Stock Price Total Return for Apple is calculated as follows: Last Close Price [ 182.32 ] / Adj Prior Close Price [ 41.63 ] (-) 1 (=) Total Return [ 338.0% ] Prior price dividend adjustment factor is 0.96.

What will Apple price be in 2027?

Key Takeaways from Forecasted Price for KPIL from 2024 to 2030
YearInitial TargetYear-End Target
2027₹1254.68₹1247.23
2028₹1346.41₹1338.77
2029₹1442.48₹1435.61
2030₹1543.61₹1536.34
3 more rows
Jan 20, 2024

Will stocks go back up in 2024?

As a whole, analysts are optimistic about the outlook for stock prices in 2024. The consensus analyst price target for the S&P 500 is 5,090, suggesting roughly 8.5% upside from current levels.

Is it smart to buy Apple stock?

As one of the best-known brands in the world, the business sells some of the most in-demand hardware products that consumers pay premium prices to own. Apple shares have made for a fantastic investment over the years, climbing 817% in the last decade.

What is Apple's forecast for 2040?

Based on S&P 500's historical 11.8% ROI, Apple's stock could reach $1,305 by 2040 and $3,983 by 2050. Using tech-fcoused QTEC index's 17.5% historical growth rate, Apple's stock is projected to hit $3,040 in 2040 and $15,250 in 2050.

How much has Apple stock gone up in the last 20 years?

The bottom line on Apple stock? Over the past 20 years Apple stock generated an annualized total return (price change plus dividends) of 37%. By comparison, the S&P 500 delivered an annualized total return of 9.6% over the same span.

Is Apple projected to grow?

We would highlight that Apple's revenue growth is expected to slow, with the forecast 0.9% annualised growth rate until the end of 2024 being well below the historical 10% p.a. growth over the last five years.

Is Apple stock good to keep?

Our fair value estimate for Apple is $160 per share. Our valuation implies a fiscal 2024 adjusted price/earnings multiple of 24 times, a fiscal 2024 enterprise value/sales multiple of 6 times, and a fiscal 2024 free cash flow yield of 5%. We project 6% compound annual revenue growth for Apple through fiscal 2028.

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