Apple at $316.96: Look who’s underwater now

With the stock on a tear and December quarter earnings only two weeks away, lagging Apple analysts can’t raise their targets fast enough.

Below: My full list of Apple price targets—now with gap between target and closing price—as accurate and up-to-date* as I can make it. Corrections appreciated.

apple targets underwater 317
Click to enlarge. *I rely on TipRanks ($) for the estimates of an analyst who shall remain nameless (long story).

My take: The ratcheting up of Apple’s stock price and the analysts’ targets is not over yet.

3 Comments

  1. Fred Stein said:

    Can’t wait to hear from Katy Huberty at the end of the month. When she published her $296 target, AAPL was at $255, approx.

    2
    January 14, 2020
  2. Ralph McDarmont said:

    I love it. Followers of this site know Apple and suffer the ignorance of so-called analysts. Thank you Phillip for keeping us on track. AAPL has been a phenomenal investment reward. Thank you Steve and double thank you to Tim for grabbing the ball and flying like the wind.

    0
    January 14, 2020
  3. Steven Philips said:

    I can’t find it, but didn’t Katy give 3 levels of guidance? Isn’t the 296 her mid level with another more aggressive “if” possibility?
    Or am I mis-remembering?

    0
    January 14, 2020

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