Is AAPL a good stock to buy? (2024)

Is AAPL a good stock to buy?

Apple has a conensus rating of Moderate Buy which is based on 18 buy ratings, 9 hold ratings and 1 sell ratings. The average price target for Apple is $205.95. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Apple a good place to invest in stocks?

Apple's reputation for reliable gains, loyal user base, and substantial cash reserves make the company a no-brainer for investing in tech. It's one of the cheapest options in the industry and has delivered more five-year growth than most of these companies.

What is Apple stock going to be worth in 5 years?

Apple stock price stood at $184.40

According to the latest long-term forecast, Apple price will hit $200 by the end of 2024 and then $250 by the middle of 2026. Apple will rise to $300 within the year of 2027, $350 in 2028, $400 in 2029, $450 in 2032 and $500 in 2035.

What will Apple stock be worth in 2030?

If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year. If Apple does the same thing and grows its EPS at a CAGR of 10% from fiscal 2026 to fiscal 2030, it would be worth $5.2 trillion.

Is Apple a good buy for 2024?

Of the 28 analysts covering Apple stock, 15 rate it as a “Strong Buy,” while 3 call it a “Moderate Buy.” Nine more analysts rate it as a “Hold,” while 1 says it's a “Strong Sell.”

Is Apple a safe stock to own?

Key Morningstar Metrics for Apple

We believe Apple is a fundamentally excellent company, but continue to see its stock valuation as challenging. That valuation has surged more than 40% in 2023, based on new product launches and improving macroeconomic conditions.

Is Apple a long term buy?

Key Points. Shares of Apple rose nearly 50% last year despite challenges to its product segments. However, the market appears to be improving, with global smartphone shipments up last quarter. Meanwhile, Apple is strengthening its long-term outlook with heavy investment in AI and VR/AR.

Is Apple a buy hold or sell?

Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 70 buy ratings, 28 hold ratings, and 1 sell ratings.

Can Apple stock reach $200?

Apple (NASDAQ: AAPL) stock made an improbable run to all-time highs in 2023. The tech giant's shares approached $200 by mid-December, translating into an over 50% rally on the year. That spike came even though Apple posted declining sales for the fiscal year that ended in late September.

How high will Apple stock be in 10 years?

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. In 2030, analysts anticipate Apple shares will be worth $510.

Does Apple stock have a future?

Stock Price Forecast

The 38 analysts offering 12-month price forecasts for Apple Inc have a median target of 200.00, with a high estimate of 250.00 and a low estimate of 125.00. The median estimate represents a +4.28% increase from the last price of 191.80.

How high can Apple stock go in 2025?

Unless we see a serious global macro shock over the next couple of years, I expect Apple stock to trade higher than current levels by the end of 2025. Wall Street analysts likewise expect the stock to rise to $205.84 over the next 12 months, while the Street-high target price is $240.

Will Apple stock go up in next 5 years?

Presuming the sales and earnings-based pricing paradigm remains in place, the stock's current price near $200 could be closer to $300 five years from now. The one potential game-changer is if Apple comes up with a new and completely unexpected must-have product that could shake up these expectations for the better.

Will Apple stock fall in 2024?

Apple stock falls 1.5% as analyst Kuo says iPhone shipments could drop 15% in 2024. Apple stock (AAPL) took a hit on Tuesday, falling roughly 1.9%, after TF International Securities analyst Ming-Chi Kuo released a report saying iPhone shipments will decline as much as 15% year over year in 2024.

What are the magnificent 7 stocks?

The "Magnificent Seven" is an elite club: Apple, Microsoft, Amazon, Alphabet, Meta Platforms, Tesla, and Nvidia.

Is Amazon a buy or sell?

Amazon stock has received a consensus rating of buy. The average rating score is A1 and is based on 98 buy ratings, 2 hold ratings, and 0 sell ratings. What was the 52-week low for Amazon stock? The low in the last 52 weeks of Amazon stock was 88.12.

Why not to invest in Apple?

Apple (NASDAQ: AAPL) has been one of the best-performing stocks over the past two decades, but the company's performance has slowed dramatically in recent years. iPhone sales are slowing, and the company is now relying on services for growth, squeezing suppliers at every turn.

What is the safest stock ever?

What is the safest stock to hold?

Can Apple stock reach $500?

If Apple stock continues to produce median annual returns of 24% going forward, as it has since the early 1980s, getting to $500 would take about five years. Of course, if nominal share price matters, stock splits should be taken into account. Apple has announced splits five times in the past four decades.

What if I bought Apple stock 20 years ago?

What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $530,000. The same $1,000 invested in the S&P 500 would have theoretically turned into $6,186 over the same period.

Why Apple stock is falling?

Apple's iPhone revenue declined roughly $5 billion in 2023 versus 2022. Sales of the company's Macs, iPads, and wearables were also off, as consumers felt pressure from rising inflation and interest rates.

Which stock I should buy today?

Is Tesla a buy sell or hold?

Tesla has a conensus rating of Hold which is based on 12 buy ratings, 16 hold ratings and 6 sell ratings. The average price target for Tesla is $220.98. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Should I wait or buy stock now?

Is it a good or bad time to buy stocks right now? Buying stocks right now is a great decision for long-term investors. While the stock market fluctuates up and down over the short run, it's consistently increased in value over the long run. There's no better time to invest than right now.