Apple Stock Outlook: What's the Future Hold?
Latest News and Financial Performance
Apple stock (AAPL) has been in the spotlight recently, with analysts eagerly predicting its future performance. The stock has seen a steady rise in its closing price, increasing from $43.75 on March 1, 2018, to its current value.
Analysts' Price Targets
A consensus of 28 analysts have provided 12-month price forecasts for Apple stock, with an average target of $209.32. The lowest target is $185, while the highest is $250.
Earnings and Revenue Predictions
Analysts are also expecting strong growth in Apple's earnings and revenue in the coming years. The company is projected to report a 5% increase in earnings per share (EPS) in 2024 and a 7% increase in 2025.
EPS Upgrades and Downgrades
In recent months, several analysts have upgraded their EPS estimates for Apple, indicating growing confidence in the company's financial performance.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
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