Apple Inc Stock Forecast:
According to the forecast of 36 analysts, the average target price for Apple Inc over the next 12 months is USD 184.96. The average analyst rating for the company is Strong Buy. Stock Target Advisor‘s own analysis of Apple Inc is also Bullish, based on 13 positive signals and 5 negative signals. At the last closing, Apple Inc’s stock price was USD 180.09. Over the past week, the stock price has increased by +4.10%, over the past month by +6.19%, and over the last year by +21.10%.
Analysts Coverage Change:
- Morgan Stanley & Co. maintains an “Overweight” rating for Apple Inc. and increases the target price to $190 from $185.
- Jefferies & Company maintains a “Buy” rating for Apple Inc.(AAPL:NSD) and increases the target price for Apple Inc. to $210 from $195.
Apple Inc. News:
As Apple‘s highly anticipated annual Worldwide Developers Conference (WWDC) draws near, the tech giant’s stock is steadily inching towards record-high territory. Eager investors are eagerly anticipating the rumored unveiling of Apple’s groundbreaking mixed-reality headset, contributing to the rising market enthusiasm.
The much-anticipated event, set to take place on Monday at Apple’s headquarters in Cupertino, California, promises to showcase the company’s latest hardware and software innovations. Commencing at 10 a.m. Pacific time, the keynote presentation will be accessible to viewers worldwide via webcast.
During the presentation, Apple is expected to provide comprehensive insights into the newest iterations of its operating systems for the iPhone, iPad, Mac, Apple TV, and Apple Watch. However, the most fervent interest from attendees and online spectators will be directed towards the potential unveiling of Apple’s computer headset, tentatively named Reality Pro. If confirmed, this headset would mark Apple’s first foray into a new hardware platform since the highly successful launch of the Apple Watch in April 2015.
According to media reports, the initial version of the headset is rumored to carry an approximate price tag of $3,000, further stoking the anticipation surrounding its potential market impact.
The unveiling of this headset has emerged as a critical point of interest for Apple stock analysts, as its success or failure could significantly impact the company’s future trajectory.
