AAPL Stock: Analysts Predict High Upside Potential
Analyst Consensus Target
According to the latest consensus of 29 analysts, Apple's (AAPL) average 12-month price target stands at $207.03, with a low estimate of $164 and a high of $233.
Earnings and Revenue Estimates
Analysts are also forecasting strong earnings and revenue growth for Apple. The consensus EPS estimate for the next 12 months is $6.76, while revenue is projected to reach $398.92 billion.
Upside Potential
Based on the average price target of $207.03, AAPL stock boasts a potential 15.49% upside from its current market price. This indicates that many analysts believe the stock is undervalued and has room for growth.
Conclusion
The consensus among analysts is that Apple remains a solid investment choice. The company's strong fundamentals, innovative products, and loyal customer base are expected to continue driving its success in the year ahead. Investors looking for long-term growth potential may want to consider adding AAPL to their portfolios.
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