- Morgan Stanley's insights show a robust 80% of eligible iPhone users are engaging with Apple's new Intelligence feature.
- Analysts maintain an optimistic outlook for Apple Inc (AAPL, Financial) with significant upward potential in stock price.
- Key financial metrics suggest Apple is set to continue its strong performance, supported by device upgrades and services revenue.
Morgan Stanley's recent survey reveals significant U.S. consumer participation with Apple's (AAPL) Intelligence feature, noting that 80% of eligible iPhone users are interacting with it. Morgan Stanley continues to hold an Overweight rating on Apple with a target price of $220, identifying potential growth in product renewal cycles and an increase in services revenue.
Wall Street Analysts' Predictions
According to projections from 43 analysts, the average one-year price target for Apple Inc (AAPL, Financial) stands at $237.71. The high-end estimate is $300.00, while the low-end comes in at $141.00, suggesting a potential upside of 23.06% from the current stock price of $193.16. For more in-depth projections, visit the Apple Inc (AAPL) Forecast page.
With input from 49 brokerage firms, Apple Inc's (AAPL, Financial) average brokerage recommendation is rated at 2.1, indicating an "Outperform" status. This rating is part of a scale that ranges from 1 to 5, where 1 signifies a Strong Buy and 5 indicates a Sell.
According to GuruFocus estimates, the GF Value for Apple Inc (AAPL, Financial) in the following year is projected to be $206.34. This suggests a potential upside of 6.82% from the current price of $193.16. The GF Value represents GuruFocus' assessment of the fair market value Apple should trade at, taking into account historical multiples, past business growth, and future business performance estimates. For a comprehensive analysis, visit the Apple Inc (AAPL) Summary page.
