Apple's Price Target and Forecast: What the Analysts Are Saying
Current Price Target
The average price target set by analysts for Apple stock (AAPL) is $2046, based on the 30 analysts with 12-month price forecasts. The low estimate is $158, while the high estimate is $2601.
Recent Price Movement
On April 26, 2023, Apple's stock closed at $173.50. The stock has been trending upward in recent months, after reaching a low of $158.50 in March 2023.
Company News
Apple recently released its latest quarterly earnings report, which beat analysts' expectations. The company reported strong growth in its iPhone, iPad, and Mac product lines. Apple also announced a new share buyback program, which is expected to support the stock price.
Analyst Commentary
Analysts are generally positive on Apple stock. Many believe that the company is well-positioned to continue to grow in the years to come. Some analysts have raised their price targets on the stock in recent months, due to Apple's strong performance and its positive outlook for the future.
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