Apple Stock’s Plunge Continues: Here’s Why It’s At A Crossroads (2024)

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Apple Stock’s Plunge Continues: Here’s Why It’s At A Crossroads (2024)

FAQs

Why is Apple stock dropping so much? ›

At the core of Apple's woes is the disappearance of revenue growth and it's unclear what, if anything, will stoke it. The company's first major new product category in nearly a decade, the Vision Pro headset, isn't expected to contribute significantly to growth for years.

Where will Apple stock be in 3 years? ›

The analyst community also believes Apple shares should be worth nearly $200 apiece a year from now, up more than 17% from their present price. Longer-term revenue and earnings forecasts also call for more growth after that, suggesting that shares could be worth even more than $200 further down the road.

Why is Apple surging? ›

Apple's decision to overhaul its Mac computer line to focus on artificial intelligence, as reported by Bloomberg, struck a chord with investors, sending the stock up 4.3% and adding $112 billion in value in its best performance in nearly a year.

Why is Apple stock under pressure? ›

Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling more than 10% year to date as fears mount about its slow roll out of AI services and as a resurgent Huawei (HWT.UL) takes market share in China.

Is Apple in trouble in 2024? ›

It's not exactly been plain sailing for Apple in 2024 so far. In fact, its problems just keep piling up. The Big Tech company has seen iPhone sales slump in key markets, abandoned a decadelong project, and is facing a massive antitrust lawsuit.

Is Apple stock currently overpriced? ›

With its 3-star rating, we believe Apple's stock is fairly valued compared with our long-term fair value estimate of $160 per share. Our valuation implies a fiscal 2024 adjusted price/earnings multiple of 25 times, a fiscal 2024 enterprise value/sales multiple of 7 times, and a fiscal 2024 free cash flow yield of 4%.

What will Apple stock be worth in 10 years? ›

Apple long term stock forecast is anticipated to be $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029. In 2030, analysts anticipate Apple shares will be worth $510.

Is Apple a buy in 2024? ›

Despite this, Apple's stock could regain momentum in 2024. Bullish investors and analysts cite key factors for Apple's success. This includes the release of the Apple Vision Pro and a redefined AI focus. Though not guaranteed, Apple is expected to excel in presenting a compelling case for 2024.

What could Apple stock be worth in 10 years? ›

Apple Stock Price Prediction 2024-2030
YearMedian Price PredictionPotential Low
2024$216$183
2025$237$199
2026$298$271
2030$561$460
Apr 11, 2024

Should I sell or hold Apple stock? ›

Apple has 18.55% 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 17 buy ratings, 12 hold ratings and 2 sell ratings.

Can Apple stock reach $1000? ›

The bottom line: Apple stock reaching $500 or $1,000 hinges on macroeconomic factors and the company's ability to succeed in new markets. It's impossible to say with certainty that Apple will reach $500 or $1,000 in the future.

Is it good to invest in Apple stock? ›

Despite recent headwinds, Apple remains a leader in tech with dominating brand power and immense financial resources. A recent stock dip could be the perfect time to make a long-term investment in its business and profit from its potential over the next decade.

Will Apple stocks go up again? ›

AAPL Stock 12 Month Forecast

Based on 29 Wall Street analysts offering 12 month price targets for Apple in the last 3 months. The average price target is $199.85 with a high forecast of $250.00 and a low forecast of $158.00. The average price target represents a 21.12% change from the last price of $165.00.

What will Apple stock be in 2025? ›

Long-Term Apple Stock Price Predictions
YearPredictionChange
2025$ 222.7827.60%
2026$ 284.2862.83%
2027$ 362.75107.78%
2028$ 462.88165.13%
2 more rows

Is amzn a buy right now? ›

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 42 Wall Streets Analysts.

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