Apple (AAPL) stock forecast for 2024. Forecast tables and graphs.







Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …

Apple (AAPL) stock forecast for 2024

Updated: April 8, 2024 (07:29)

Sector: Technology

The share price of Apple Inc. (AAPL) now

What analysts predict: $200.13
52-week High/Low: $199.37 / $158.93

50/200 Day Moving Average: $178.94 / $183.14

This figure corresponds to the Average Price over the previous 50/200 days. For Apple stocks, the 50-day moving average is the resistance level today.

For Apple stocks, the 200-day moving average is the resistance level today.

Are you interested in Apple Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Apple stock price in 2024. How much will one Apple share be worth in 2024? Is it worth taking profit / loss on AAPL stock now or waiting? What are analysts' forecasts for Apple stock?

We forecast Apple stock performance using neural networks based on historical data on AAPL stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Apple Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Apple analysts is $200.13. Today 200 Day Moving Average is the resistance level (183.14 $). 50 Day Moving Average is the resistance level (178.94 $).




Historical and forecast chart of Apple Inc. stock

The chart below shows the historical price of Apple stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the AAPL stock price can be found in the table below.


Sell or Buy Apple (AAPL) stocks? Analytic Experts Forecasting...

We present you the most up-to-date and complete review of analytical trend forecasts and views on the AAPL stock market. Experts share their opinions on what to expect.

Apple Stock Forecast 2024: Navigating the Waves of Change

In the ever-evolving tech landscape, forecasting the trajectory of Apple Inc. (AAPL) stock rates, especially for 2024, poses a challenge fraught with variables and uncertainties. Investors keen on whether Apple is a good stock to buy are closely watching the company’s performance markers and emerging market potential.

Apple’s first quarter results hint at a mixed bag with a slowing demand environment for the iPhone, particularly in China—a crucial market for the tech giant. This scenario raises the question of how accurately AAPL stocks can be predicted amidst such volatile demand dynamics. However, Apple’s service segment shines as a beacon of hope, with expectations of double-digit growth into 2024. This growth engine, coupled with Apple’s expansion efforts in India and other emerging markets, could offset some of the demand slowdown in China, offering a nuanced perspective on the “is Apple stock a good buy” debate.

Key Events and Factors Influencing AAPL Stock in 2024

The launch of Vision Pro, while not expected to substantially impact overall sales immediately, represents Apple’s continuous innovation drive. Some analysts believe the company’s stock price is currently excessive, so it heavily relies on a “buy and hold” strategy and stock buybacks to maintain its valuation. With the proprietary SID signal and analysis from Seeking Alpha pointing towards a potential underperformance and suggesting a cautious approach among portfolio managers, the Apple stock forecast for 2024 appears to hinge on a combination of product performance, market expansion, and service segment growth.

Understanding the nuanced dynamics at play—including the Apple quotes and whether Apple stock is a buy—investors must navigate the complex interplay of market expectations, innovation trajectories, and global economic factors. As the year unfolds, keeping a keen eye on these developments will be crucial for anyone looking to answer the question: “is Apple stock a good buy in 2024?”

Apple (AAPL) Forecast for 2024

Month Target Pes. Opt. Vol., %
May 185.18 172.03 196.66 12.52 %
Jun 202.03 187.89 209.10 10.14 %
Jul 192.94 183.68 201.05 8.64 %
Aug 199.12 184.78 212.06 12.86 %
Sep 187.37 181.00 195.24 7.29 %
Oct 186.06 172.85 196.29 11.94 %
Nov 197.41 184.57 208.66 11.54 %
Dec 203.92 199.03 219.83 9.46 %

Apple information and performance

Apple Address

ONE INFINITE LOOP, CUPERTINO, CA, US

Market Capitalization: 2 618 637 418 000 $

Market capitalization of the Apple Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of AAPL shares in the company outstanding by the market price of one share.

EBITDA: 130 108 998 000 $

EBITDA of Apple is earnings before interest, income tax and depreciation of assets.

PE Ratio: 26.37

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 2.087

Price/earnings to growth

DPS: 0.95

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0057

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 6.43

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.16
Quarterly Revenue Growth YOY: 0.021
Trailing PE: 26.37

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 25.97

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 6.88

Enterprise Value (EV) /Revenue

EV To EBITDA: 19.88

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 15441900000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Apple price target for 2024 by month


Target values for the price of one Apple share for May 2024.

The weighted average target price per Apple share in May 2024 is: 185.18.
In May, the Positive dynamics for Apple Inc. shares will prevail with possible monthly volatility of 12.524% volatility is expected.
Pessimistic target level: 172.03
Optimistic target level: 196.66

Target values for the price of one Apple share for Jun 2024.

The weighted average target price per Apple share in Jun 2024 is: 202.03.
In Jun, the Positive dynamics for Apple Inc. shares will prevail with possible monthly volatility of 10.145% volatility is expected.
Pessimistic target level: 187.89
Optimistic target level: 209.10

Target values for the price of one Apple share for Jul 2024.

The weighted average target price per Apple share in Jul 2024 is: 192.94.
In Jul, the Negative dynamics for Apple Inc. shares will prevail with possible monthly volatility of 8.637% volatility is expected.
Pessimistic target level: 183.68
Optimistic target level: 201.05

Target values for the price of one Apple share for Aug 2024.

The weighted average target price per Apple share in Aug 2024 is: 199.12.
In Aug, the Positive dynamics for Apple Inc. shares will prevail with possible monthly volatility of 12.864% volatility is expected.
Pessimistic target level: 184.78
Optimistic target level: 212.06

Target values for the price of one Apple share for Sep 2024.

The weighted average target price per Apple share in Sep 2024 is: 187.37.
In Sep, the Negative dynamics for Apple Inc. shares will prevail with possible monthly volatility of 7.294% volatility is expected.
Pessimistic target level: 181.00
Optimistic target level: 195.24

Target values for the price of one Apple share for Oct 2024.

The weighted average target price per Apple share in Oct 2024 is: 186.06.
In Oct, the Negative dynamics for Apple Inc. shares will prevail with possible monthly volatility of 11.943% volatility is expected.
Pessimistic target level: 172.85
Optimistic target level: 196.29

Target values for the price of one Apple share for Nov 2024.

The weighted average target price per Apple share in Nov 2024 is: 197.41.
In Nov, the Positive dynamics for Apple Inc. shares will prevail with possible monthly volatility of 11.542% volatility is expected.
Pessimistic target level: 184.57
Optimistic target level: 208.66

Target values for the price of one Apple share for Dec 2024.

The weighted average target price per Apple share in Dec 2024 is: 203.92.
In Dec, the Positive dynamics for Apple Inc. shares will prevail with possible monthly volatility of 9.462% volatility is expected.
Pessimistic target level: 199.03
Optimistic target level: 219.83



Apple (AAPL) stock dividend

Apple last paid dividends on 02/09/2024. The next scheduled payment will be on 02/15/2024. The amount of dividends is $0.95 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


Related stocks from Technology sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.