Analyst Ratings Coverage
Morningstar (Rank#81) on Friday November 3rd, released a research report on Apple, and downgraded the stock to a “Underperform” from a “Hold” rating., and maintained the 12 month target forecast of $150 per share.
AAPL Stock Analysis
Analyst Target Price and Rating
As of the most recent data available, 31 analysts have assessed Apple Inc’s stock and have provided a consensus target price. The average analyst target price for Apple Inc is USD 200.53 over the next 12 months. This price target represents the average expectation of where the stock’s price will be in a year. Investors often use this target price as a reference point to make informed investment decisions.
The average analyst rating for Apple Inc is categorized as “Strong Buy.” This rating indicates that, according to analysts’ assessments, the stock is expected to perform exceptionally well. A “Strong Buy” rating typically suggests that the stock is undervalued, and there is significant upside potential.
Stock Target Advisor’s Analysis
Stock Target Advisor, a platform that provides its own stock analysis, has also evaluated Apple Inc’s stock. Their analysis indicates a bullish outlook for the company. This bullish rating is derived from 14 positive signals and 5 negative signals. These signals are typically based on various factors, such as financial performance, market trends, and company news. A bullish rating reflects optimism about the stock’s potential for growth and positive performance in the future.
Recent Stock Performance
Understanding the recent stock performance is crucial for investors to gauge the stock’s momentum and trend. As of the last available data, Apple Inc’s stock price was USD 177.57. Over the past week, the stock price has increased by +6.40%. This short-term gain may be influenced by various factors, including market sentiment, company news, or broader economic conditions. Over the past month, the stock has gained +2.20%, indicating relatively stable and modest growth in the short term. Looking at a longer horizon, the stock has shown impressive growth, with a +22.44% increase over the last year. This long-term growth may be attributed to strong financial performance, product innovation, and sustained demand for Apple’s offerings.
Investors should consider these factors in their decision-making process. The strong one-year performance suggests that Apple Inc has maintained its position as a market leader and continues to deliver value to its shareholders.
Final Stock Analysis
The analysis and forecast for Apple Inc’s stock indicate a positive outlook. With a Strong Buy rating from analysts, a bullish assessment from Stock Target Advisor, and recent price performance demonstrating both short-term and long-term growth, Apple Inc remains an attractive prospect for investors looking for exposure to a major player in the tech industry.
