Apple analysts scramble to keep up with Apple’s share price

Nearly two dozen have raised their price targets in advance of Apple’s fiscal Q2 2017 earnings report.

As one analyst wrote after studying Apple’s Christmas quarter results:

With results/guide that was “good enough” to prevent degradation in estimates, iPhone 7/7+ can be said to have “done its job” serving as the bridge to the powder-keg fueled super cycle this Fall.

See Apple beats: What the analysts are saying now

Below: Click to see how their price targets changed.

Not seeing the magical interactive graphic? Try the website. 

Below: The current price targets, as accurate and up-to-date as I can make them.Corrections appreciated. (Blue analysts are predicting that Apple shares will be cheaper in 12 months than they are today.)

Click to enlarge. Not seeing? Try the website.

Tune in after the markets close May 2 for my quarterly Apple earnings smackdown, now in its 10th year.

See also: Best and Worst Apple analysts, Q1 2017 edition.

5 Comments

  1. John Butt said:

    Philip, your table may be quite useful/interesting if you used all the features of datawrapper’s table option. Readers can sort on any column and filter using the search.
    BTW, thanks for providing me with the idea to use datawrapper, we now use it full time on our site – truenet.nz

    0
    April 22, 2017
  2. Robert Paul Leitao said:

    It appears we are in a cycle of serial price target increases as the calendar moves closer to the release of new iPhones this fall and the magnitude of the impact on free cash flow from the expected iPhone “super cycle” becomes apparent.

    What I don’t see factored into most analyst models is the increase in Services and Other Products revenue from high volume iPhone sales as consumers purchase AppleCare, iCloud storage services and accessories as they purchase new iPhones.

    I expect price targets to continue to rise in a serial cycle as these additional revenue growth opportunities are factored into analyst valuation models for FY2018 and FY2019.

    0
    April 22, 2017

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