Is Apple still a good long term stock? (2024)

Is Apple still a good long term stock?

Key Points. Apple's services segment continues to shine. The company depends on selling phones and computers, and the growth just isn't there right now. Apple still has the makings of an incredible long-term investment.

Is Apple still a good long-term investment?

To be clear, Apple looks like it has all the ingredients to continue as a great long-term investment. Growth may be more moderate than in times past, but the tech titan is highly profitable and doles out ample cash to shareholders.

Does Apple stock have a future?

Apple Stock Forecast

The 31 analysts with 12-month price forecasts for Apple stock have an average target of 205.32, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 19.87% from the current stock price of 171.29.

What will Apple stock be worth in 10 years?

Apple stock price stood at $171.48

According to the latest long-term forecast, Apple price will hit $200 by the middle of 2025 and then $250 by the end of 2026. Apple will rise to $300 within the year of 2028, $350 in 2029, $400 in 2030, $450 in 2032 and $500 in 2034.

Should I invest in Apple 2024?

AAPL Stock Forecast 2024: Why Apple Is a No-Brainer Buy for Investors. Apple's (AAPL) recent $89.5 billion quarterly revenue paints a robust forward picture for the company. Analysts have deemed the company's Vision Pro to be a potential “game changer” after its initial debut.

Should I hold or sell Apple?

Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 9 hold ratings and 1 sell ratings. What is Apple's price target? The average price target for Apple is $204.86.

Is Apple stock a good 10-year investment?

Apple 10-Year Performance

Patient investors who held the stock through all of its ups and downs were rewarded with what Wall Street refers to as a “10-bagger,” a stock that provided a return of 10x the original investment. On a percentage basis, those who held Apple stock over the past 10 years earned a 916% return.

What is Apple's prediction for 2024?

After Apple's recent earnings report, 43 analysts projected the company's 2024 revenue to come in at $388.3 billion, similar to the previous 12 months. Predicted earnings per share stood at $6.55, also consistent with last year's results.

What is the long term outlook for Apple?

Future Growth

Apple is forecast to grow earnings and revenue by 4.8% and 4.5% per annum respectively. EPS is expected to grow by 6.8% per annum. Return on equity is forecast to be 200.7% in 3 years.

What will Apple be worth in 2030?

If Apple meets analysts' expectations and grows its EPS at a modest compound annual rate of 8% from fiscal 2026 to fiscal 2030, its EPS could reach $10.50. If its valuation remained at 28 times forward earnings at that point, its stock would be trading at $294, giving it a market cap of $4.5 trillion.

Will Apple stock reach $700 again?

"Apple's been on top for so long now," says Matt Warman in Britain's Telegraph, "there is only one way it can go." Indeed, Apple shares will never get back to $700, says The Economist.

What if you invested $1,000 in Apple 20 years ago?

What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $530,000. The same $1,000 invested in the S&P 500 would have theoretically turned into $6,186 over the same period.

What would 1000 shares of Apple bought in 1980 be worth today?

In other words, that $1,000 investment in 1980 would be worth more than $1.26 million today! But that's not all, because Apple has paid a dividend in several years since 1987. Assuming you never sold a single share along the way, you would've collected an additional $155,131 in dividend payments!

Is it smart to invest in Apple?

Apple shares have made for a fantastic investment over the years, climbing 817% in the last decade. And more recently, they rose 48% in 2023, beating the Nasdaq Composite.

Will Apple reach $1,000 per share?

Can Apple stock reach $1,000? Apple stock could reach $1,000 in the future if Apple continues to post robust business results, expands to new markets, and benefits from a favorable macroeconomic environment. If AAPL were to reach $1,000, Apple's market cap would grow to a whopping $15.72 trillion.

What are the best stocks to invest in 2024?

Why did Buffett sell Apple?

Beneficial capital allocation

This massive position provides a financial windfall. Apple pays a dividend that yields a measly 0.52%. But based on the current quarterly payout of $0.24, Buffett's firm receives an annualized $879 million from its equity position in the tech giant.

Is AMZN a buy right now?

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.

How many shares of Apple does Warren Buffett have?

Warren Buffett finally sold some Apple stock

(NASDAQ: AAPL) in the last quarter of 2023. While for many, that would be a gigantic portfolio move, it was the proverbial drop in the bucket as the fund still holds 905,560,000 shares, which equates to a 5.9% stake in the legacy technology leader.

How much is $10,000 invested in Apple 20 years ago?

Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.

What would $1000 invested in Apple in 1997 be worth today?

If you had invested $1,000 in Apple stock on Feb. 4, 1997, today, you would have $1,343,269. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $11,038. A similar $1,000 investment in an index fund that replicates the S&P 500 would be worth $6,140.

What if you invested $1,000 in Apple in 2009?

According to CNBC calculations, a $1,000 investment made on May 1, 2009, would be worth more than $13,000 as of midday May 1, 2019, for a total return of more than 1,200%. Over the same period, the S&P 500 returned just over 300%.

Will Apple reach $400?

AAPL Stock: $400 Is Still Realistic for 2025

It's entirely possible as Apple clearly remains confident in its smartphone sales. Along with that, Apple could potentially generate strong revenue from MR headsets and PCs. So, despite ongoing challenges in China and elsewhere, there's no reason to bet against Apple.

What will Amazon stock be worth in 2025?

If we apply the S&P 500's average price-to-earnings ratio (P/E) of 27 to this $70 billion in earnings, Amazon's stock would have a market cap of $1.89 trillion in 2025. This is slightly higher than the current $1.77 trillion valuation.

What will Amazon be worth in 2030?

If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year.