You can explore diverse opinions regarding how the stock may perform by gaining insight into several analysts’ predictions. It allows you to evaluate many analyses and choose the most accurate one. A number of famous analysis companies predicted the price of Apple stock. Most of them see things differently.
Although their price estimates differ, the majority of analysts are optimistic about the company. The stock’s expected upside potential is substantial.
What is Apple Stock?
Apple Inc. (AAPL) is a multinational technology company that develops, produces, and sells smartphones, tablets, wearable technology, personal computers, and accessories.
The iPhone, the Mac line of computers and laptops, the iPad, the Apple Watch, and the Apple TV are just a few of its product lines. Along with its iCloud cloud services and other digital streaming content offerings like Apple Music and Apple TV+, the company also has a thriving services sector.
Stephen Wozniak and Steve Jobs established Apple in 1976. The technological powerhouse got its origins in the Jobs family garage and has since expanded into a diversified technology empire. Apple’s expansion strategy includes buying tiny tech businesses that it can quickly incorporate into its growing range of goods.
On December 12, 1980, four years after it was established, Apple went public through an initial public offering (IPO) at a price of $22 per share.
AAPL Stock Technical Analysis
A tough few months have undoubtedly been endured by Apple’s stock price, with shares down over 9% from their $182.01 level at the beginning of the year. The share price initially decreased after the most recent earnings report, but it has since changed track and increased 4% on May 4 in response to the US Fed announcement of an interest rate hike.
The longer-term picture is more promising. The price of AAPL stock has increased by 308% from its May 2017 low of $37.24 and by 17% over the past year. Additionally, Apple outperformed the market with three-year trailing returns of 45.56% compared to 44.19% for the industry.
(Source: Nasdaq)
Technically, at the time of writing, the stock was trading well below its 5-day moving average of $144.
Price Indicators
Despite supply chain issues and the current chip shortage, the results exceeded expectations, according to Morningstar sector expert Abhinav Davuluri.
“High iPhone and Mac revenue for the March quarter was driven by demand for the company’s newest iPhone 13 and MacBook Pro. We continue to be optimistic about Apple’s capacity to generate sales from its installed base through new goods and services,” he added.
He did, however, draw attention to management’s cautions that the revenue for the June quarter would be reduced owing to supply restrictions relating to COVID-19, the continued chip shortage, weaker customer demand in China, adverse currency exchange rates, and a slowdown in sales in Russia.
Due to macroeconomic uncertainties, management chose not to provide clear revenue guidance for the June quarter. However, the executive added that we still expect low single-digit year-over-year growth driven by the services sector. Despite his worries, Davuluri accepted the following share price drops and pointed out that the company was still trading above his assessment of its fair value of $130 per share.
He said, “We expect it will be challenging to maintain the recent period of robust revenue growth as COVID-19-related Mac and iPad demand declines.
Apple (AAPL) Stock Price Prediction
We can see that the price of Apple Stocks has changed over the years. For this section, we came up with our own price prediction for the following years for AAPL.
Currency Prediction Apple (AAPL) Stock Price Prediction 2022
Our predictions indicate that the Apple stock might reach the $200 level in July. Before closing at $189, it is expected to have a minimum price of $178 and a maximum price of $200. The stock could get as low as $181 in August and as high as $205 in August. We expect Apple stock to trade between $210 and $236 in November. As of December, the price can range between $213 and $241.
Currency Prediction Apple (AAPL) Stock Price Prediction 2023
The performance of the Apple (AAPL) stock over the next several months will determine whether or not investors will have a profitable year. The stock price is not expected to decrease at all. On the other hand, we predict that the AAPL stock price might reach $252 by the end of 2023.
Currency Prediction Apple (AAPL) Stock Price Prediction 2024
In 2024, Apple is expected to expand on its established grounds. We predict Apple’s stock might rise to new heights. The price of AAPL might reach $263 by the middle of the year. After that, it is likely to increase a little, reaching $271 by the end of 2024.
Currency Prediction Apple (AAPL) Stock Price Prediction 2025
Apple is a well-known brand and is not expected to face any significant challenges anytime soon. The company has proven to be among the most trustworthy businesses in the consumer electronics and mobile device sectors. By 2025, Apple might see substantial growth. By the middle of the year, we predict the price of AAPL stock could reach $281 and by the end of the year, $313.
Currency Prediction Apple (AAPL) Stock Price Prediction 2026
In 2026, the Apple (AAPL) stock price might increase significantly if everything goes as expected. The upward trend that could push the stock beyond $300 in 2025 can continue into 2026 as well. We at Currency Prediction expect the stock to reach $344 by mid-2026. By the end of the year, it might still see a bull run and end 2026 at $375.
How To Buy Apple (AAPL) Stock?
Step 1: Open A Broker Account
The first step you need to take is to find an online broker. Each broker differs regarding fees, security, platform, markets, and how easy it is to open an account.
After choosing the brokerage, you can continue and open an account. This is quite similar to a traditional bank account, and opening one is often done entirely online. Some brokers make the process as simple as creating a new Gmail account, while others have you wait a few days while they examine your background. You will use it to store shares of Apple rather than money. Therefore, you will need it to buy and store Apple shares.
Step 2: Fund Your Account
When purchasing Apple stocks, you will pay cash. The second step is to send (deposit) this money with your broker. Usually, this step is super easy and quick and easier than creating a brokerage account.
The two most often used methods of depositing money are bank transfers and credit/debit cards. You can deposit money into your investing account with various brokers using alternative electronic wallets, like PayPal.
Step 3: Buy Apple (AAPL) Stock
You have the share objective, the account, and the cash. Pressing the “buy” button is the last step.
Therefore, you go into your online brokerage account, look up Apple stock, enter the number of shares you want to buy, and click the Buy button to start the share-buying process.
HINT: you have a variety of order types to pick from when placing an order. While a limit order enables you to define the exact price at which you wish to purchase the share, a market order purchases at the current market price.
Frequently Asked Questions (FAQs)
Is Apple Stock A Good Investment?
Apple is a company that is ready for the future. The company has often shown that it is one of the most innovative participants in the IT industry. The AAPL stock will continue to surge if it stays on the current course (which we think it will). From what we know, Apple will continue to enhance its goods and services, leading to even greater future performance for its stock. In a word, AAPL is a very wise future investment.
What Will Apple Stock Be Worth in 10 Years?
We predict that Apple stock might have increased by more than 245% during the next ten years. The stock might be worth $547 by mid-2032 and increase to $561 by the end of the year.
Will Apple Stock (AAPL) Reach $1000?
Yes, AAPL could eventually hit $1000. Our predictions suggest that the stock will take some time to increase to this level. Even though it could take more than ten years, it would almost certainly happen without significant economic problems. It’s also possible that the stock may increase quicker than predicted and hit $1000 sooner than we expect.
Takeaways
- Apple Inc. (AAPL) is a multinational technology company that develops, produces, and sells technology goods and services.
- Stephen Wozniak and Steve Jobs established Apple in 1976.
- Apple (AAPL) Stock is currently trading at $144.
- The Apple Stock is expected to reach a price of $375 by the end of 2026.
