AAPL Stock 12-Month Forecast: 15.49% Upside
Analysts Remain Bullish on Apple Stock
Key Points:
- Average target price of $207.03, implying a 15.49% upside potential.
- Lowest target price set at $164, while the highest reaches $224.
- Analysts' ratings and historical stock prices remain positive, supporting the bullish outlook.
According to data from CNN, the 29 analysts who have provided 12-month price forecasts for Apple stock (AAPL) have an average target of $207.03. The estimates range from a low of $164 to a high of $224.
This indicates a bullish outlook for Apple stock among analysts, who are anticipating a significant upside potential in the coming year. The average target price represents a 15.49% increase from the current stock price of $179.26.
It's important to note that these forecasts are based on analysts' projections and should be taken with caution. However, the positive analyst sentiment and historical stock performance provide some confidence in the potential for Apple stock to continue its upward trend.
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