Should I buy AAPL stock now? (2024)

Should I buy AAPL stock now?

AAPL Analyst Recommendation Trends

What will Apple shares be worth in 5 years?

What is the prediction for Apple stock?

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.6, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 21.70% from the current stock price of 168.13.

Is Apple a good buy for 2024?

These assets should allow it to recover its growth momentum, along with help from its push deeper into the services niche. But does that mean Apple is a good buy for 2024 and beyond? The short answer is yes, but with some caveats.

What is the price target for Apple?

Is Apple a good long-term hold?

To be clear, Apple looks like it has all the ingredients to continue as a great long-term investment. Growth may be more moderate than in times past, but the tech titan is highly profitable and doles out ample cash to shareholders.

Is Apple a good long term investment?

Apple shares have made for a fantastic investment over the years, climbing 817% in the last decade. And more recently, they rose 48% in 2023, beating the Nasdaq Composite.

Who owns the most shares of Apple?

Contrary to common belief, Tim Cook, Apple's CEO, is not the company's largest individual shareholder. Arthur Levinson is Apple's largest individual shareholder, owning 4.43 million shares as of February 2024.

Who is the largest shareholder of Apple?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Berkshire Hathaway Inc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Fmr Llc, Morgan Stanley, and Price T Rowe Associates Inc /md/ .

What is Apple's forecast for 2024?

After Apple's recent earnings report, 43 analysts projected the company's 2024 revenue to come in at $388.3 billion, similar to the previous 12 months. Predicted earnings per share stood at $6.55, also consistent with last year's results.

Will Apple reach $400?

AAPL Stock: $400 Is Still Realistic for 2025

It's entirely possible as Apple clearly remains confident in its smartphone sales. Along with that, Apple could potentially generate strong revenue from MR headsets and PCs. So, despite ongoing challenges in China and elsewhere, there's no reason to bet against Apple.

Why should I buy Apple stock?

“We see catalysts including re-upping the capital return at earnings (May), Gen AI announcements at WWDC (June), the launch of new iPhones in the fall (iPhone 16) and reacceleration in gross profit dollar growth each qtr [quarter],” Mohan wrote. He rates Apple as a Buy with a $225 price target.

Why is Apple stock so low?

The reported slump in iPhone sales in China, which builds on the slow iPhone growth narrative weighing on Apple earlier this year, coincides with mounting analyst concerns about Apple falling behind its big tech peers in AI.

Should I hold or sell Apple stock?

Apple has 21.12% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 11 hold ratings and 2 sell ratings.

How much will Apple stock be worth in 2025?

What is the long term forecast for AAPL?

Based on our forecasts, a long-term increase is expected, the "AAPL" stock price prognosis for 2029-04-18 is 282.580 USD. With a 5-year investment, the revenue is expected to be around +69.4%. Your current $100 investment may be up to $169.4 in 2029. Get It Now!

Is Apple a safe long term stock?

The best growth stocks have a Composite Rating of 90 or better. Apple is one of the Magnificent Seven stocks, which fueled the big stock market rally in 2023.

What does Cramer say about Apple?

“I just got a whole brand spanking new reason to buy Apple, don't trade it,” he said. “I know a loser case when I see one, and the United States of America versus Apple is a loser.”

Is Apple or MSFT a better buy?

Based on recent momentum, Microsoft is the best play right now. The stock is up 8.57% YTD as of March 5, and 58.43% over the past year. Analysts have an average 12-month price target of $468.70 on the stock, with a consensus “strong buy” rating.

Who actually owns Apple?

Apple Inc. is a publicly traded company, so no individual or entity owns the company in its entirety. However, the majority stakeholder of the company as of 2023 is The Vanguard Group, which holds 7.6% of all outstanding shares.

Who is Amazon's biggest shareholder?

Jeffrey Bezos owns the most shares of Amazon (AMZN).

What country owns Apple?

Apple Inc. (formerly Apple Computer, Inc.) is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It designs, develops, and sells consumer electronics, computer software, and online services.

Does Steve Wozniak still own Apple?

Steve Wozniak co-founded Apple Computer Inc. with Steve Jobs and Ronald Wayne in 1976. He left Apple in 1985 to pursue other interests but remained a shareholder of the company. As for his net worth after leaving Apple, it is not publicly known how much he was worth at any given time.

Who is Google's biggest shareholder?

How much Apple stock does Tim Cook own?

Tim Cook Owns Only a Modest Amount of Apple Shares

As of October 2023, he held 3,280,052 shares of Apple common stock, according to Forbes. This followed a big sell-off that year, when he sold 241,000 shares, making $41.4 million in cash after taxes.