- Apple plans to shift all US iPhone assembly to India by 2026 to mitigate US-China trade tensions.
- Analysts predict an average price target of $236.21, suggesting a potential upside of 13.36% from the current stock price.
- Despite a solid "Outperform" rating, Apple's GF Value implies a slight downside of 1.08% from its current price.
Apple Inc. (AAPL, Financial) is strategically poised to relocate the assembly of all iPhones sold in the United States to India by 2026. This pivotal decision comes amidst escalating US-China trade tensions. As part of this significant shift, Apple is boosting its production capabilities in India. The tech giant's partner, Foxconn, is set to inaugurate a new facility in Bengaluru soon, strengthening the manufacturing ecosystem in the region.
Analyst Price Targets for Apple
The one-year price targets from 44 analysts for Apple Inc. (AAPL, Financial) average $236.21, with a range stretching from a high of $300.00 to a low of $141.00. This average price target indicates a potential upside of 13.36% from the current trading price of $208.37. Investors seeking a deeper dive into these estimates can explore further details on the Apple Inc (AAPL) Forecast page.
Brokerage Recommendations
The consensus recommendation from 50 brokerage firms positions Apple Inc.'s (AAPL, Financial) average brokerage recommendation at 2.1. This rating signifies an "Outperform" status within a scale of 1 to 5, where 1 is a Strong Buy and 5 is a Sell.
Evaluating Apple's GF Value
According to estimates by GuruFocus, the one-year GF Value for Apple Inc. (AAPL, Financial) stands at $206.13. This valuation suggests a slight downside of 1.08% from the current price of $208.37. The GF Value is GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance projections. For more comprehensive insights, investors can visit the Apple Inc (AAPL) Summary page.
