Apple (AAPL) Stock Forecast, Price Target & Predictions
AAPL Stock Forecast
Apple stock forecast is as follows: an average price target of $221.35 (represents a 0.24% upside from AAPL’s last price of $220.82) and a rating consensus of 'Buy', based on 42 wall street analysts offering a 1-year stock forecast.
AAPL Price Target
The average price target for Apple (AAPL) is $221.35 based on 1-year price targets from 42 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $140.00. This represents a potential 0.24% upside from AAPL's last price of $220.82.
AAPL Analyst Ratings
According to 42 Wall Street analysts, Apple's rating consensus is 'Buy'. The analyst rating breakdown for AAPL stock is 1 'Strong Buy' (2.38%), 28 'Buy' (66.67%), 11 'Hold' (26.19%), 2 'Sell' (4.76%), and 0 'Strong Sell' (0.00%).
Apple Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 04, 2024 | Michael Ng | Goldman Sachs | $276.00 | $220.39 | 25.23% | 24.99% |
| Sep 03, 2024 | Toni Sacconaghi | Bernstein | $240.00 | $224.20 | 7.05% | 8.69% |
| Aug 28, 2024 | Ivan Feinseth | Tigress Financial | $295.00 | $226.87 | 30.03% | 33.59% |
| Aug 27, 2024 | Daniel Ives | Wedbush | $285.00 | $228.52 | 24.72% | 29.06% |
| Aug 27, 2024 | Ben Reitzes | Melius Research | $265.00 | $228.67 | 15.89% | 20.01% |
| Aug 27, 2024 | Atif Malik | Citigroup | $255.00 | $228.65 | 11.53% | 15.48% |
| Aug 07, 2024 | Wamsi Mohan | Bank of America Securities | $256.00 | $209.82 | 22.01% | 15.93% |
| Aug 05, 2024 | Angelo Zino | CFRA | $260.00 | $209.27 | 24.24% | 17.74% |
| Aug 02, 2024 | Rod Hall | Goldman Sachs | $275.00 | $222.60 | 23.54% | 24.54% |
| Aug 02, 2024 | Tom Forte | Maxim Group | $203.00 | $218.36 | -7.03% | -8.07% |
The latest Apple stock forecast, released on Sep 04, 2024 by Michael Ng from Goldman Sachs, set a price target of $276.00, which represents a 25.23% increase from the stock price at the time of the forecast ($220.39), and a 24.99% increase from AAPL last price ($220.82).
Apple Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 7 | 24 | 51 |
| Avg Price Target | $267.43 | $252.29 | $228.59 |
| Last Closing Price | $220.82 | $220.82 | $220.82 |
| Upside/Downside | 21.11% | 14.25% | 3.52% |
In the current month, the average price target of Apple stock is $267.43, according to 7 Wall Street analysts offering twelve months forecast. The average price target represents a 21.11% increase as opposed to Apple's last price of $220.82. This month's average price target is up 6.00% compared to last quarter, and up 16.99% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Piper Sandler | Cautious | Cautious | Hold |
| Sep 04, 2024 | UBS | Neutral | Neutral | Hold |
| Sep 03, 2024 | Bernstein | Outperform | Outperform | Hold |
| Aug 30, 2024 | Citigroup | Buy | Underperform | Upgrade |
| Aug 30, 2024 | Morgan Stanley | Overweight | Negative | Upgrade |
| Aug 28, 2024 | Tigress Financial | Strong Buy | Strong Buy | Hold |
| Aug 27, 2024 | CFRA | Buy | Buy | Hold |
| Aug 27, 2024 | Wedbush | Outperform | Outperform | Hold |
| Aug 27, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Aug 27, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
Apple's last stock rating was published by Piper Sandler on Sep 04, 2024. The company gave AAPL a "Cautious" rating, the same as its previous rate.
Apple Financial Forecast
Apple Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $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 | $58.31B | $91.82B | $64.04B | $53.81B |
| Avg Forecast | $106.60B | $96.77B | $103.34B | $134.79B | $101.57B | $91.75B | $97.87B | $128.05B | $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 | $54.90B | $88.51B | $63.01B | $53.32B |
| High Forecast | $110.59B | $100.40B | $107.21B | $139.84B | $105.38B | $95.19B | $101.53B | $132.84B | $94.79B | $87.59B | $93.75B | $119.69B | $92.22B | $84.86B | $96.39B | $125.88B | $92.06B | $83.70B | $95.06B | $120.30B | $85.98B | $74.14B | $77.93B | $104.39B | $64.50B | $52.86B | $55.50B | $89.47B | $63.70B | $53.90B |
| Low Forecast | $105.74B | $96.00B | $102.51B | $133.71B | $100.76B | $91.02B | $97.08B | $127.02B | $94.25B | $83.76B | $89.64B | $116.94B | $87.89B | $81.14B | $92.16B | $120.36B | $88.03B | $80.72B | $91.68B | $116.03B | $82.93B | $71.50B | $75.16B | $100.69B | $62.21B | $50.98B | $53.53B | $86.30B | $61.44B | $51.98B |
| # Analysts | 8 | 8 | 8 | 11 | 7 | 7 | 7 | 12 | 16 | 8 | 4 | 9 | 24 | 20 | 12 | 11 | 15 | 11 | 15 | 12 | 12 | 12 | 12 | 20 | 7 | 6 | 6 | 5 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | 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% | 1.06% | 1.04% | 1.02% | 1.01% |
Apple's average Quarter revenue forecast for Sep 24 based on 16 analysts is $94.51B, with a low forecast of $94.25B, and a high forecast of $94.79B. AAPL's average Quarter revenue forecast represents a 10.18% increase compared to the company's last Quarter revenue of $85.78B (Jun 24).
Apple EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 11 | 7 | 7 | 7 | 12 | 16 | 8 | 4 | 9 | 24 | 20 | 12 | 11 | 15 | 11 | 15 | 12 | 12 | 12 | 12 | 20 | 7 | 6 | 6 | 5 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | $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 | $15.64B | $28.39B | $18.80B | $14.48B |
| Avg Forecast | $33.34B | $30.26B | $32.32B | $42.15B | $31.77B | $28.69B | $30.61B | $40.05B | $29.56B | $26.41B | $38.06B | $36.90B | $27.94B | $25.58B | $34.60B | $37.95B | $25.16B | $25.89B | $31.45B | $37.22B | $26.60B | $22.93B | $20.29B | $32.30B | $19.95B | $16.35B | $14.30B | $27.68B | $19.71B | $16.67B |
| High Forecast | $34.58B | $31.40B | $33.53B | $43.73B | $32.96B | $29.77B | $31.75B | $41.55B | $29.64B | $27.39B | $45.67B | $37.43B | $28.84B | $26.54B | $41.52B | $39.37B | $30.19B | $26.17B | $37.75B | $37.62B | $26.89B | $23.18B | $24.34B | $32.65B | $20.17B | $16.53B | $17.15B | $27.98B | $19.92B | $16.86B |
| Low Forecast | $33.07B | $30.02B | $32.06B | $41.82B | $31.51B | $28.46B | $30.36B | $39.72B | $29.47B | $26.19B | $30.45B | $36.57B | $27.49B | $25.38B | $27.68B | $37.64B | $20.13B | $25.25B | $25.16B | $36.29B | $25.94B | $22.36B | $16.23B | $31.49B | $19.45B | $15.94B | $11.44B | $26.99B | $19.21B | $16.26B |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | 0.73% | 1.09% | 1.06% | 0.90% | 0.90% | 1.03% | 1.10% | 1.00% | 1.04% | 1.19% | 1.01% | 1.18% | 1.49% | 1.12% | 0.88% | 0.97% | 1.09% | 1.03% | 0.95% | 0.87% |
16 analysts predict AAPL's average Quarter EBITDA for Sep 24 to be $29.56B, with a high of $29.64B and a low of $29.47B. This is 16.58% upper than Apple's previous annual EBITDA (Jun 24) of $25.35B.
Apple Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 11 | 7 | 7 | 7 | 12 | 16 | 8 | 4 | 9 | 24 | 20 | 12 | 11 | 15 | 11 | 15 | 12 | 12 | 12 | 12 | 20 | 7 | 6 | 6 | 5 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | $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 | $11.25B | $22.24B | $13.69B | $10.04B |
| Avg Forecast | $29.32B | $25.98B | $28.53B | $39.89B | $27.26B | $23.88B | $26.20B | $36.44B | $24.42B | $20.64B | $28.36B | $32.24B | $21.37B | $18.35B | $25.78B | $29.76B | $19.22B | $17.86B | $23.44B | $29.15B | $19.01B | $15.51B | $15.23B | $21.73B | $10.90B | $7.88B | $9.64B | $17.43B | $10.88B | $8.03B |
| High Forecast | $30.75B | $27.25B | $29.91B | $41.83B | $28.59B | $25.05B | $27.48B | $38.21B | $24.88B | $21.64B | $34.03B | $33.32B | $22.35B | $19.24B | $30.94B | $31.21B | $23.06B | $18.11B | $28.12B | $29.56B | $19.28B | $15.73B | $18.27B | $22.04B | $11.05B | $7.99B | $11.57B | $17.68B | $11.03B | $8.14B |
| Low Forecast | $29.02B | $25.71B | $28.23B | $39.48B | $26.98B | $23.64B | $25.93B | $36.06B | $24.26B | $20.42B | $22.69B | $31.32B | $20.71B | $18.15B | $20.62B | $29.45B | $15.37B | $17.28B | $18.75B | $28.20B | $18.40B | $15.01B | $12.18B | $21.03B | $10.54B | $7.62B | $7.71B | $16.87B | $10.52B | $7.77B |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.04% | 0.83% | 1.05% | 1.07% | 1.08% | 0.94% | 1.01% | 1.08% | 1.09% | 1.07% | 1.19% | 1.08% | 1.40% | 1.55% | 1.32% | 1.16% | 1.43% | 1.17% | 1.28% | 1.26% | 1.25% |
Apple's average Quarter net income forecast for Sep 24 is $24.42B, with a range of $24.26B to $24.88B. AAPL's average Quarter net income forecast represents a 13.85% increase compared to the company's last Quarter net income of $21.45B (Jun 24).
Apple SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 11 | 7 | 7 | 7 | 12 | 16 | 8 | 4 | 9 | 24 | 20 | 12 | 11 | 15 | 11 | 15 | 12 | 12 | 12 | 12 | 20 | 7 | 6 | 6 | 5 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | $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 | $4.95B | $5.20B | $4.58B | $4.43B |
| Avg Forecast | $7.07B | $6.41B | $6.85B | $8.93B | $6.73B | $6.08B | $6.49B | $8.49B | $6.26B | $5.60B | $7.02B | $7.82B | $5.92B | $5.42B | $6.38B | $8.04B | $5.25B | $5.49B | $5.80B | $7.89B | $5.64B | $4.86B | $3.42B | $6.85B | $4.23B | $3.47B | $4.24B | $5.87B | $4.18B | $3.53B |
| High Forecast | $7.33B | $6.65B | $7.11B | $9.27B | $6.99B | $6.31B | $6.73B | $8.81B | $6.28B | $5.81B | $8.43B | $7.93B | $6.11B | $5.62B | $7.66B | $8.34B | $6.30B | $5.55B | $6.96B | $7.97B | $5.70B | $4.91B | $4.11B | $6.92B | $4.28B | $3.50B | $5.09B | $5.93B | $4.22B | $3.57B |
| Low Forecast | $7.01B | $6.36B | $6.79B | $8.86B | $6.68B | $6.03B | $6.44B | $8.42B | $6.25B | $5.55B | $5.62B | $7.75B | $5.83B | $5.38B | $5.11B | $7.98B | $4.20B | $5.35B | $4.64B | $7.69B | $5.50B | $4.74B | $2.74B | $6.67B | $4.12B | $3.38B | $3.40B | $5.72B | $4.07B | $3.45B |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.13% | 0.92% | 0.87% | 1.04% | 1.10% | 0.97% | 0.82% | 1.23% | 1.10% | 1.07% | 0.82% | 1.00% | 1.11% | 1.55% | 0.82% | 1.17% | 1.39% | 1.17% | 0.89% | 1.10% | 1.25% |
Apple's average Quarter SG&A projection for Sep 24 is $6.26B, based on 16 Wall Street analysts, with a range of $6.25B to $6.28B. The forecast indicates a -0.88% fall compared to AAPL last annual SG&A of $6.32B (Jun 24).
Apple EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 11 | 7 | 7 | 7 | 12 | 16 | 8 | 4 | 9 | 24 | 20 | 12 | 11 | 15 | 11 | 15 | 12 | 12 | 12 | 12 | 20 | 7 | 6 | 6 | 5 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | $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 | $0.65 | $1.26 | $0.76 | $0.55 |
| Avg Forecast | $1.91 | $1.69 | $1.86 | $2.60 | $1.78 | $1.56 | $1.71 | $2.37 | $1.59 | $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 | $0.56 | $1.14 | $0.71 | $0.52 |
| High Forecast | $2.00 | $1.78 | $1.95 | $2.73 | $1.86 | $1.63 | $1.79 | $2.49 | $1.62 | $1.41 | $1.58 | $2.17 | $1.46 | $1.25 | $1.50 | $2.03 | $1.33 | $1.18 | $1.44 | $1.93 | $1.26 | $1.03 | $1.00 | $1.44 | $0.72 | $0.52 | $0.57 | $1.15 | $0.72 | $0.53 |
| Low Forecast | $1.89 | $1.68 | $1.84 | $2.57 | $1.76 | $1.54 | $1.69 | $2.35 | $1.58 | $1.33 | $1.49 | $2.04 | $1.35 | $1.18 | $1.41 | $1.92 | $1.25 | $1.13 | $1.38 | $1.84 | $1.20 | $0.98 | $0.95 | $1.37 | $0.69 | $0.50 | $0.54 | $1.10 | $0.69 | $0.51 |
| Surprise % | - | - | - | - | - | - | - | - | - | 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% | 1.16% | 1.11% | 1.07% | 1.05% |
According to 16 Wall Street analysts, Apple's projected average Quarter EPS for Sep 24 is $1.59, with a low estimate of $1.58 and a high estimate of $1.62. This represents a 13.64% increase compared to AAPL previous annual EPS of $1.40 (Jun 24).
Apple Peer Comparison by Price Target
AAPL Forecast FAQ
Is Apple a good buy?
Yes, according to 42 Wall Street analysts, Apple (AAPL) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 28 'Buy' recommendations, accounting for 69.05% of AAPL's total ratings.
What is AAPL's price target?
Apple (AAPL) average price target is $221.35 with a range of $140 to $300, implying a 0.24% from its last price of $220.82. The data is based on 42 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 up by 0.24% (from the last price of $220.82 to the average price target of $221.35), up by 35.86% based on the highest stock price target, and down by -36.60% based on the lowest stock price target.
Can Apple stock reach $300?
AAPL's average twelve months analyst stock price target of $221.35 does not support the claim that Apple can reach $300 in the near future.
What is Apple's current price target trend?
7 Wall Street analysts forecast a $267.43 price target for Apple (AAPL) this month, up 21.11% from its last price of $220.82. Compared to the last 3 and 12 months, the average price target increased by 14.25% and increased by 3.52%, respectively.
What are Apple's analysts' financial forecasts?
Apple's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $419.24B (high $434.95B, low $415.89B), average EBITDA is $131.11B (high $136.02B, low $130.06B), average net income is $113.79B (high $119.33B, low $112.6B), average SG&A $27.79B (high $28.83B, low $27.57B), and average EPS is $7.41 (high $7.77, low $7.34). AAPL's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $441.49B (high $458.03B, low $437.96B), average EBITDA is $138.07B (high $143.24B, low $136.96B), average net income is $123.72B (high $129.75B, low $122.43B), average SG&A $29.26B (high $30.36B, low $29.03B), and average EPS is $8.06 (high $8.45, low $7.98).
Did the AAPL's actual financial results beat the analysts' financial forecasts?
Based on Apple's last annual report (Sep 2023), the company's revenue was $383.28B, which missed the average analysts forecast of $385.38B by -0.54%. Apple's EBITDA was $114.3B, missing the average prediction of $126.07B by -9.33%. The company's net income was $97B, beating the average estimation of $95.25B by 1.83%. Apple's SG&A was $24.93B, missing the average forecast of $25.77B by -3.25%. Lastly, the company's EPS was $6.16, beating the average prediction of $5.96 by 3.44%. In terms of the last quarterly report (Jun 2024), Apple's revenue was $85.78B, beating the average analysts' forecast of $84.43B by 1.59%. The company's EBITDA was $25.35B, missing the average prediction of $26.41B by -3.99%. Apple's net income was $21.45B, beating the average estimation of $20.64B by 3.93%. The company's SG&A was $6.32B, beating the average forecast of $5.6B by 12.92%. Lastly, the company's EPS was $1.4, beating the average prediction of $1.34 by 4.12%