- Apple's PC Shipments Surge: The company records a 17% increase, significantly outpacing the market.
- Analyst Insights: Price targets suggest an 18.49% potential upside.
- Investment Outlook: Apple holds an “Outperform” status with an estimated GF Value slightly above the current price.
Apple (AAPL, Financial) has posted an impressive 17% rise in PC shipments in the first quarter, far exceeding the general market growth of 6.7%. This robust performance is attributed to the strong consumer demand for its M4-based MacBooks, fueled by concerns over potential tariff-related price increases.
Wall Street Analysts Forecast
A group of 43 analysts has provided one-year price targets for Apple Inc (AAPL, Financial), resulting in an average target price of $237.71. The projections range from a high of $300.00 to a low of $141.00. This average target indicates a potential upside of 18.49% from Apple's current trading price of $200.61. For a more comprehensive analysis, visit the Apple Inc (AAPL) Forecast page.
Market Recommendations
Currently, Apple's average brokerage recommendation stands at 2.1, which signifies an "Outperform" status. This consensus is derived from 49 brokerage firms and is based on a rating scale where 1 represents a Strong Buy and 5 indicates a Sell.
GF Value Estimate
According to GuruFocus estimates, Apple Inc's (AAPL, Financial) one-year GF Value is assessed at $206.34. This suggests a modest upside potential of 2.86% from the present price of $200.61. The GF Value is calculated by considering the historical trading multiples of the stock, past business growth, and projected future performance. For further insights, explore more detailed data on the Apple Inc (AAPL) Summary page.
