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Apple (AAPL) Stock Forecast & Price Target

$226.34
+4.79 (+2.16%)
(As of 07/5/2024 ET)
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Apple - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 36 Analyst Ratings

Consensus Price Target

$215.71
-4.69% Downside
High Forecast$275.00
Average Forecast$215.71
Low Forecast$164.00
TypeCurrent Forecast
7/7/23 to 7/6/24		1 Month Ago
6/7/23 to 6/6/24		3 Months Ago
4/8/23 to 4/7/24		1 Year Ago
7/7/22 to 7/7/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
24 Buy rating(s)
20 Buy rating(s)
21 Buy rating(s)
24 Buy rating(s)
Hold
10 Hold rating(s)
12 Hold rating(s)
11 Hold rating(s)
7 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$215.71$205.59$204.23$180.68
Forecasted Upside-4.69% Downside12.62% Upside12.47% Upside10.95% Upside

AAPL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

AAPL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Apple Stock vs. The Competition

TypeAppleComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.69
2.61
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-4.69% Downside603.50% Upside12.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/4/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy$250.00+12.84%
7/1/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingNeutral ➝ Neutral$190.00 ➝ $190.00-10.73%
7/1/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$220.00 ➝ $220.00+4.45%
6/28/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$200.00 ➝ $250.00+16.77%
6/26/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$230.00 ➝ $230.00+7.56%
6/26/2024Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating		B. Crockett
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeNeutral ➝ Buy$196.00 ➝ $260.00+24.36%
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6/25/2024Maxim Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold$178.00 ➝ $195.00-6.31%
6/24/2024Melius Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		B. Reitzes
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetBuy ➝ Buy$227.00 ➝ $260.00+23.80%
6/21/2024Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$195.00 ➝ $240.00+14.46%
6/18/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$225.00 ➝ $245.00+13.08%
6/14/2024Erste Group Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeHold ➝ Buy
6/11/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingUnderweight ➝ Underweight$164.00 ➝ $164.00-16.96%
6/11/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingOverweight ➝ Overweight$216.00 ➝ $216.00+11.85%
6/11/2024DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		G. Luria
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeNeutral ➝ Buy$200.00 ➝ $230.00+19.10%
6/6/2024Monness Crespi & Hardt
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy$205.00+5.41%
5/30/2024Tigress Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetStrong-Buy ➝ Strong-Buy$240.00 ➝ $245.00+28.75%
5/24/2024Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$250.00 ➝ $275.00+47.15%
5/4/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$200.00 ➝ $215.00+17.24%
5/3/2024Itau BBA Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeUnderperform ➝ Market Perform$162.00 ➝ $188.00+1.76%
4/29/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$220.00 ➝ $210.00+19.34%
4/1/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetHold ➝ Hold$185.00 ➝ $170.00+0.10%
3/28/2024DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Hold$180.00+3.86%
2/2/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy$223.00 ➝ $232.00+25.30%
2/2/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral$205.00 ➝ $190.00+2.62%
1/29/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform$186.00 ➝ $200.00+3.94%
1/10/2024Redburn Partners
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeNeutral$200.00+8.36%
1/10/2024Redburn Atlantic
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Neutral$200.00+8.03%
1/4/2024Piper Sandler Companies
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeNeutral$220.00 ➝ $205.00+11.26%
10/31/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy$220.00 ➝ $195.00+14.94%
10/30/2023KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingSector Weight
9/15/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingOutperform ➝ Outperform$220.00+26.34%
8/4/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$180.00 ➝ $200.00+4.62%
8/1/2023TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$195.00 ➝ $220.00+12.22%
7/24/2023Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight$210.00 ➝ $225.00+17.22%
7/24/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy$180.00 ➝ $210.00+9.41%
6/5/202358.com
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingMaintains
6/2/202351job
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingMaintains
5/17/2023Fundamental Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Set TargetBuy$183.86+6.81%
5/5/2023Atlantic Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight$180.00 ➝ $200.00+20.63%
2/3/2023Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform$200.00 ➝ $195.00+29.29%
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1/20/2023National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform$54.00-60.51%
1/3/2023BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOutperform ➝ Neutral$140.00+7.75%
9/30/2022Bank Of America (Bofa)
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Wamsi Mohan
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeBuy ➝ Neutral$189.00 ➝ $160.00+12.30%
7/26/2022Itaú Unibanco
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageUnderperform$136.00-10.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:05 PM ET.

AAPL Forecast - Frequently Asked Questions

What is Apple's forecast for 2024?

According to the research reports of 36 Wall Street equities research analysts, the average twelve-month stock price forecast for Apple is $215.71, with a high forecast of $275.00 and a low forecast of $164.00.

Should I buy or sell Apple stock right now?

36 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There is currently 1 sell rating, 10 hold ratings, 24 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AAPL shares.

Does Apple's stock price have much upside?

According to analysts, Apple's stock has a predicted upside of 11.56% based on their 12-month stock forecasts.

Has Apple been upgraded by Wall Street analysts recently?

Over the previous 90 days, Apple's stock had 5 upgrades by analysts.

What analysts cover Apple?

Apple has been rated by research analysts at Bank of America, Barclays, Canaccord Genuity Group, Canaccord Genuity Group, Citigroup, DA Davidson, Erste Group Bank, Evercore ISI, Itau BBA Securities, JPMorgan Chase & Co., Maxim Group, Melius Research, Monness Crespi & Hardt, Morgan Stanley, Needham & Company LLC, Oppenheimer, Rosenblatt Securities, Sanford C. Bernstein, Tigress Financial, UBS Group, and Wedbush in the past 90 days.

Do Wall Street analysts like Apple more than its competitors?

Analysts like Apple more than other "computer and technology" companies. The consensus rating score for Apple is 2.69 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how AAPL compares to other companies.


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This page (NASDAQ:AAPL) was last updated on 7/6/2024 by MarketBeat.com Staff

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