- Apple's robotics division transitions to hardware under Senior VP John Ternus to address project delays.
- Analysts predict an average 13.47% upside for Apple's stock with a price target of $236.44.
- GuruFocus estimates suggest a slight downside in stock value from current prices.
Apple Inc. (AAPL, Financial) is making strategic adjustments by shifting its enigmatic robotics unit from the artificial intelligence division to the hardware wing, now under the leadership of Senior Vice President John Ternus. This move is part of Apple's broader strategy to tackle project delays and engineering hurdles, following a recent restructuring of Siri's leadership team.
Wall Street Analysts' Predictions
In their latest analyses, 44 Wall Street analysts have set a one-year price target for Apple Inc (AAPL, Financial) at an average of $236.44. This forecast comes with a high estimate of $300.00 and a low estimate of $141.00, suggesting a promising upside of 13.47% from the current trading price of $208.37. For further insights and detailed estimates, visit the Apple Inc (AAPL) Forecast page.
Brokerage Recommendations
The consensus recommendation among 50 brokerage firms places Apple Inc's (AAPL, Financial) stock in the "Outperform" category, with an average brokerage recommendation score of 2.1. This rating scale ranges from 1 to 5, where 1 indicates a Strong Buy and 5 signals a Sell.
GF Value Estimation
According to GuruFocus estimates, the projected GF Value for Apple Inc (AAPL, Financial) in the coming year is assessed at $206.13. This valuation implies a slight downside of 1.08% from the current market price of $208.37. The GF Value represents GuruFocus' assessment of the stock's fair value, derived from historical trading multiples, past business growth, and future performance estimates. For more comprehensive data, visit the Apple Inc (AAPL) Summary page.
