Apple Stock Price-Analyst Coverage:
In a report released Monday, December 12th, Oppenheimer Securities updated their coverage on Apple Inc. (AAPL:NSD) by cutting the 12-month Apple stock price target to $170 from $190 and maintaining the “Outperform” rating.
Apple’s consensus Crowd Rating for the stock is a Buy, with a 12-month Crowd Apple stock price target at $175 per share.
AAPL Stock Forecast and Price:
According to 26 analysts’ stock projections for Apple Inc., the company’s average 12-month target price is USD 171.41. Analysts generally rate Apple Inc. as a Strong Buy.
Apple Inc.’s stock analysis by Stock Target Advisor is Bullish and is based on 12 positive and 4 negative indications. Apple stock price was USD 142.16 at the most recent closing.
Over the past week, month, and year, Apple Inc.’s stock price has changed by -3.82%, -5.04%, and -20.78%, respectively.
Fundamental Analysis Score:
Apple Inc. scores a Bullish 7.5 out of 10 for its overall fundamentals.
About Apple Inc. (AAPL:NSD):
Apple Inc. creates, produces, and sells smartphones, laptops, tablets, wearable technology, and accessories globally. Additionally, it offers a range of associated services.
The business also sells a variety of other products, including the iPhone line of smartphones, the Mac line of desktop computers, the iPad brand of multipurpose tablets, and a line of wearables, home, and accessories that includes the AirPods, Apple TV, Apple Watch, Beats devices, and HomePod.
Additionally, it offers AppleCare assistance and cloud storage services. Additionally, it runs a number of platforms, including the App Store, which enables users to find and download software and digital content like books, music, movies, games, and podcasts.
The business provides services to consumers, small and medium-sized businesses, government, enterprises, and the education sectors. Through the App Store, it disseminates third-party applications for its products.
Along with its direct sales force, retail and online stores, and distributors, merchants, and resellers, the corporation also sells its goods through third-party cellular network operators.
California’s Cupertino serves as the corporate headquarters for Apple Inc., which was founded in 1977. One Apple Park Way, Cupertino, California 95014, USA.