- Rapidus is engaging with major tech companies, potentially including Apple, to expand its semiconductor production amidst geopolitical challenges.
- Apple Inc. (AAPL, Financial) shows a forecasted average price target suggesting significant upside potential.
- GuruFocus rates Apple with an "Outperform" status, pointing to bullish market sentiment.
Japanese semiconductor powerhouse Rapidus is making waves as it enters talks with leading tech companies, including the possibility of a collaboration with Apple Inc. (AAPL), to ramp up processor mass production. This move comes as the company navigates the complex landscape of U.S.-China tensions. With a client pool of approximately 40 to 50 contenders, Rapidus has already commenced a prototype chip line, laying the groundwork for full-scale production. The company's ambitions are being fortified by government subsidies aimed at enhancing semiconductor manufacturing capabilities.
Wall Street Analysts' Apple Price Forecast
According to projections from 42 analysts, the average one-year price target for Apple Inc. (AAPL, Financial) is set at $248.62. The estimates span a high of $325.00 and a low of $175.00, offering an approximately 29.42% upside from the recent price of $192.10. For a comprehensive look at these predictions, visit the Apple Inc. (AAPL) Forecast page.
The consensus from 47 brokerage firms indicates an average brokerage recommendation of 2.2 for Apple Inc. (AAPL, Financial), signifying an "Outperform" rating. This rating is part of a scale from 1 to 5, where 1 represents a Strong Buy and 5 denotes Sell.
Apple's GF Value Estimations
From GuruFocus perspectives, Apple Inc.'s (AAPL, Financial) forecasted GF Value for the upcoming year is calculated at $207.99. This indicates a potential upside of 8.27% from its current trading price of $192.10. The GF Value is GuruFocus' proprietary estimate reflecting the stock's fair value, derived from historical trading multiples, past business growth, and future performance projections. To delve deeper into these insights, explore the Apple Inc. (AAPL) Summary page.
