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Apple (AAPL) Stock Forecast, Price Target & Predictions

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AAPL Stock Forecast

Apple stock forecast is as follows: an average price target of $225.84 (represents a -1.17% downside from AAPL’s last price of $228.52) and a rating consensus of 'Buy', based on 45 wall street analysts offering a 1-year stock forecast.

AAPL Price Target

The average price target for Apple (AAPL) is $225.84 based on 1-year price targets from 45 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $140.00. This represents a potential -1.17% downside from AAPL's last price of $228.52.

AAPL Analyst Ratings

Buy

According to 45 Wall Street analysts, Apple's rating consensus is 'Buy'. The analyst rating breakdown for AAPL stock is 1 'Strong Buy' (2.22%), 28 'Buy' (62.22%), 13 'Hold' (28.89%), 3 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).

Apple Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 19, 2024Brandon NispelKeyBanc---7.51%-12.48%
Nov 01, 2024Tom ForteMaxim Group---3.55%-5.92%
Nov 01, 2024Gil LuriaD.A. Davidson--16.64%13.78%
Oct 21, 2024Edison LeeJefferies---9.40%-6.83%
Oct 04, 2024David VogtUBS--4.58%3.27%
Sep 30, 2024Samik ChatterjeeJ.P. Morgan--13.73%15.96%
Sep 10, 2024Daniel IvesWedbush--35.80%31.28%
Sep 04, 2024Michael NgGoldman Sachs--25.23%20.78%
Sep 03, 2024Toni SacconaghiBernstein--7.05%5.02%
Aug 28, 2024Ivan FeinsethTigress Financial--30.03%29.09%
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The latest Apple stock forecast, released on Nov 19, 2024 by Brandon Nispel from KeyBanc, set a price target of $200.00, which represents a -7.51% decrease from the stock price at the time of the forecast ($216.24), and a -12.48% decrease from AAPL last price ($228.52).

Apple Price Target by Period

1M3M12M
# Anlaysts31348
Avg Price Target$225.00$254.22$233.81
Last Closing Price$228.52$228.52$228.52
Upside/Downside-1.54%11.25%2.31%

In the current month, the average price target of Apple stock is $225.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a -1.54% decrease as opposed to Apple's last price of $228.52. This month's average price target is down -11.49% compared to last quarter, and down -3.77% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 19, 2024KeyBancUnderweightUnderweightHold
Nov 01, 2024Maxim GroupHoldHoldHold
Oct 29, 2024BarclaysUnderweightUnderweightHold
Oct 29, 2024Piper SandlerNeutralNeutralHold
Oct 23, 2024UBSNeutralNeutralHold
Oct 23, 2024BernsteinOutperformOutperformHold
Oct 21, 2024Loop Capital MarketsBuyBuyHold
Oct 21, 2024JefferiesHoldHoldHold
Oct 15, 2024Morgan StanleyOverweightOverweightHold
Oct 14, 2024J.P. MorganOverweightOverweightHold
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Apple's last stock rating was published by KeyBanc on Nov 19, 2024. The company gave AAPL a "Underweight" rating, the same as its previous rate.

Apple Financial Forecast

Apple Revenue Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Revenue------------$94.93B$85.78B$90.75B$119.58B$89.50B$81.80B$94.84B$117.15B$90.15B$82.96B$97.28B$123.94B$83.36B$81.43B$89.58B$111.44B$64.70B$59.69B
Avg Forecast$106.22B$93.24B$100.16B$129.71B$107.38B$96.80B$103.16B$134.23B$101.03B$91.24B$96.50B$125.24B$94.51B$84.43B$90.37B$117.99B$89.34B$81.79B$92.91B$121.33B$88.74B$82.79B$94.03B$119.00B$85.05B$73.33B$77.09B$103.27B$63.80B$52.29B
High Forecast$109.95B$96.51B$103.67B$134.26B$111.15B$100.19B$106.78B$138.94B$104.57B$94.44B$100.80B$125.89B$94.66B$84.43B$90.37B$119.69B$92.22B$84.66B$96.17B$125.59B$88.74B$82.79B$94.03B$119.00B$85.05B$73.33B$77.09B$103.27B$63.80B$52.29B
Low Forecast$101.73B$89.29B$95.92B$124.22B$102.84B$92.70B$98.80B$128.55B$96.76B$87.38B$91.81B$124.04B$94.36B$84.43B$90.37B$116.94B$87.89B$78.34B$88.98B$116.20B$88.74B$82.79B$94.03B$119.00B$85.05B$73.33B$77.09B$103.27B$63.80B$52.29B
# Analysts81481581016107717181754924191211151115121212122076
Surprise %------------1.00%1.02%1.00%1.01%1.00%1.00%1.02%0.97%1.02%1.00%1.03%1.04%0.98%1.11%1.16%1.08%1.01%1.14%

Apple's average Quarter revenue forecast for Dec 24 based on 18 analysts is $125.24B, with a low forecast of $124.04B, and a high forecast of $125.89B. AAPL's average Quarter revenue forecast represents a 31.92% increase compared to the company's last Quarter revenue of $94.93B (Sep 24).

Apple EBITDA Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts81481581016107717181754924191211151115121212122076
EBITDA------------$29.59B$25.35B$27.90B$40.37B$29.62B$23.00B$31.22B$38.93B$27.76B$25.88B$32.72B$44.19B$26.77B$26.96B$30.30B$36.20B$17.48B$15.84B
Avg Forecast$34.29B$30.10B$32.33B$41.87B$34.66B$31.25B$33.30B$43.33B$32.61B$29.45B$31.15B$40.43B$30.51B$27.26B$38.06B$38.09B$28.84B$26.41B$34.60B$43.64B$27.75B$25.89B$31.45B$37.22B$26.60B$22.93B$20.29B$32.30B$19.95B$16.35B
High Forecast$35.49B$31.15B$33.47B$43.34B$35.88B$32.34B$34.47B$44.85B$33.76B$30.49B$32.54B$40.64B$30.56B$27.26B$45.67B$38.64B$29.77B$27.33B$41.52B$52.37B$27.75B$25.89B$37.75B$37.22B$26.60B$22.93B$24.34B$32.30B$19.95B$16.35B
Low Forecast$32.84B$28.83B$30.97B$40.10B$33.20B$29.93B$31.89B$41.50B$31.24B$28.21B$29.64B$40.04B$30.46B$27.26B$30.45B$37.75B$28.37B$25.29B$27.68B$34.91B$27.75B$25.89B$25.16B$37.22B$26.60B$22.93B$16.23B$32.30B$19.95B$16.35B
Surprise %------------0.97%0.93%0.73%1.06%1.03%0.87%0.90%0.89%1.00%1.00%1.04%1.19%1.01%1.18%1.49%1.12%0.88%0.97%

18 analysts predict AAPL's average Quarter EBITDA for Dec 24 to be $40.43B, with a high of $40.64B and a low of $40.04B. This is 36.62% upper than Apple's previous annual EBITDA (Sep 24) of $29.59B.

Apple Net Income Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts81481581016107717181754924191211151115121212122076
Net Income------------$14.74B$21.45B$23.64B$33.92B$22.96B$19.88B$24.16B$30.00B$20.72B$19.44B$25.01B$34.63B$20.55B$21.74B$23.63B$28.75B$12.67B$11.25B
Avg Forecast$29.22B$24.07B$26.64B$38.13B$29.59B$25.88B$28.11B$39.16B$27.28B$23.62B$25.72B$35.97B$24.39B$20.50B$28.36B$32.02B$21.22B$18.22B$25.78B$33.86B$19.46B$17.86B$23.44B$29.15B$19.01B$15.51B$15.23B$21.73B$10.90B$7.88B
High Forecast$30.55B$25.17B$27.86B$39.87B$30.94B$27.06B$29.40B$40.95B$28.53B$24.70B$27.09B$38.43B$24.84B$20.51B$34.03B$33.09B$22.19B$18.24B$30.94B$40.63B$19.49B$17.93B$28.12B$29.21B$19.06B$15.52B$18.27B$21.73B$10.90B$7.88B
Low Forecast$27.61B$22.75B$25.18B$36.04B$27.96B$24.46B$26.57B$37.01B$25.78B$22.32B$23.89B$31.98B$23.94B$20.48B$22.69B$31.10B$20.57B$18.20B$20.62B$27.09B$19.43B$17.79B$18.75B$29.09B$18.96B$15.51B$12.18B$21.73B$10.90B$7.88B
Surprise %------------0.60%1.05%0.83%1.06%1.08%1.09%0.94%0.89%1.06%1.09%1.07%1.19%1.08%1.40%1.55%1.32%1.16%1.43%

Apple's average Quarter net income forecast for Dec 24 is $35.97B, with a range of $31.98B to $38.43B. AAPL's average Quarter net income forecast represents a 144.12% increase compared to the company's last Quarter net income of $14.74B (Sep 24).

Apple SG&A Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts81481581016107717181754924191211151115121212122076
SG&A------------$6.52B$6.32B$6.47B$6.79B$6.15B$5.97B$6.20B$6.61B$6.44B$6.01B$6.19B$6.45B$5.62B$5.41B$5.31B$5.63B$4.94B$4.83B
Avg Forecast$6.97B$6.12B$6.57B$8.51B$7.04B$6.35B$6.77B$8.81B$6.63B$5.99B$6.33B$8.22B$6.20B$5.54B$7.02B$7.74B$5.86B$5.37B$6.38B$6.31B$5.88B$5.49B$5.80B$7.89B$5.64B$4.86B$3.42B$6.85B$4.23B$3.47B
High Forecast$7.21B$6.33B$6.80B$8.81B$7.29B$6.57B$7.01B$9.12B$6.86B$6.20B$6.61B$8.26B$6.21B$5.54B$8.43B$7.85B$6.05B$5.55B$7.66B$7.57B$5.88B$5.49B$6.96B$7.89B$5.64B$4.86B$4.11B$6.85B$4.23B$3.47B
Low Forecast$6.67B$5.86B$6.29B$8.15B$6.75B$6.08B$6.48B$8.43B$6.35B$5.73B$6.02B$8.14B$6.19B$5.54B$5.62B$7.67B$5.77B$5.14B$5.11B$5.04B$5.88B$5.49B$4.64B$7.89B$5.64B$4.86B$2.74B$6.85B$4.23B$3.47B
Surprise %------------1.05%1.14%0.92%0.88%1.05%1.11%0.97%1.05%1.09%1.10%1.07%0.82%1.00%1.11%1.55%0.82%1.17%1.39%

Apple's average Quarter SG&A projection for Dec 24 is $8.22B, based on 18 Wall Street analysts, with a range of $8.14B to $8.26B. The forecast indicates a 25.96% rise compared to AAPL last annual SG&A of $6.52B (Sep 24).

Apple EPS Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts81481581016107717181754924191211151115121212122076
EPS------------$0.97$1.40$1.53$2.19$1.47$1.27$1.53$1.89$1.29$1.20$1.54$2.11$1.25$1.31$1.41$1.70$0.74$0.65
Avg Forecast$1.92$1.58$1.75$2.50$1.94$1.70$1.84$2.57$1.79$1.55$1.69$2.36$1.60$1.34$1.51$2.10$1.39$1.20$1.43$1.94$1.27$1.16$1.42$1.90$1.24$1.01$0.99$1.42$0.71$0.51
High Forecast$2.00$1.65$1.83$2.62$2.03$1.78$1.93$2.69$1.87$1.62$1.78$2.52$1.63$1.35$1.54$2.17$1.46$1.20$1.43$1.95$1.27$1.17$1.43$1.90$1.24$1.01$0.99$1.42$0.71$0.51
Low Forecast$1.81$1.49$1.65$2.36$1.83$1.60$1.74$2.43$1.69$1.46$1.57$2.10$1.57$1.34$1.47$2.04$1.35$1.19$1.43$1.93$1.27$1.16$1.42$1.90$1.24$1.01$0.99$1.42$0.71$0.51
Surprise %------------0.61%1.04%1.02%1.04%1.06%1.06%1.07%0.97%1.02%1.03%1.08%1.11%1.01%1.30%1.43%1.20%1.04%1.27%

According to 18 Wall Street analysts, Apple's projected average Quarter EPS for Dec 24 is $2.36, with a low estimate of $2.10 and a high estimate of $2.52. This represents a 143.30% increase compared to AAPL previous annual EPS of $0.97 (Sep 24).

Apple Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SONYSony Group--450.60%Buy
GPROGoPro--316.67%Buy
VUZIVuzix--130.77%Buy
SONOSonos--58.00%Buy
HEARTurtle Beach--33.93%Buy
UEICUniversal Electronics--24.25%Hold
VZIOVIZIO--9.02%Buy
AAPLApple---1.17%Buy

AAPL Forecast FAQ

Is Apple a good buy?

Yes, according to 45 Wall Street analysts, Apple (AAPL) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 28 'Buy' recommendations, accounting for 64.44% of AAPL's total ratings.

What is AAPL's price target?

Apple (AAPL) average price target is $225.84 with a range of $140 to $300, implying a -1.17% from its last price of $228.52. The data is based on 45 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Apple stock go up soon?

According to Wall Street analysts' prediction for AAPL stock, the company can go down by -1.17% (from the last price of $228.52 to the average price target of $225.84), up by 31.28% based on the highest stock price target, and down by -38.74% based on the lowest stock price target.

Can Apple stock reach $300?

AAPL's average twelve months analyst stock price target of $225.84 does not support the claim that Apple can reach $300 in the near future.

What is Apple's current price target trend?

3 Wall Street analysts forecast a $225 price target for Apple (AAPL) this month, down -1.54% from its last price of $228.52. Compared to the last 3 and 12 months, the average price target increased by 11.25% and increased by 2.31%, respectively.

What are Apple's analysts' financial forecasts?

Apple's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $441.56B (high $457.06B, low $422.89B), average EBITDA is $142.55B (high $147.55B, low $136.52B), average net income is $122.75B (high $128.35B, low $116B), average SG&A $28.97B (high $29.99B, low $27.74B), and average EPS is $8.05 (high $8.42, low $7.61). AAPL's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $429.33B (high $444.39B, low $411.17B), average EBITDA is $138.6B (high $143.46B, low $132.73B), average net income is $118.06B (high $123.45B, low $111.57B), average SG&A $28.17B (high $29.16B, low $26.98B), and average EPS is $7.75 (high $8.1, low $7.32).

Did the AAPL's actual financial results beat the analysts' financial forecasts?

Based on Apple's last annual report (Sep 2024), the company's revenue was $391.04B, beating the average analysts forecast of $387.3B by 0.97%. Apple's EBITDA was $123.22B, missing the average prediction of $133.92B by -7.99%. The company's net income was $93.74B, missing the average estimation of $105.27B by -10.96%. Apple's SG&A was $26.1B, missing the average forecast of $26.5B by -1.53%. Lastly, the company's EPS was $6.11, missing the average prediction of $6.55 by -6.73%. In terms of the last quarterly report (Sep 2024), Apple's revenue was $94.93B, beating the average analysts' forecast of $94.51B by 0.44%. The company's EBITDA was $29.59B, missing the average prediction of $30.51B by -3.01%. Apple's net income was $14.74B, missing the average estimation of $24.39B by -39.59%. The company's SG&A was $6.52B, beating the average forecast of $6.2B by 5.20%. Lastly, the company's EPS was $0.97, missing the average prediction of $1.6 by -39.39%