Apple at $120: Look who’s underwater now

Two thirds of the Street is breathing air, one third water.

Below: My full list of Apple price targets, as accurate and up-to-date* as I can make it. Corrections appreciated.

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

My take: Some popular landing spots include $150, $140, $133, $125, $115, $100. Anyone have a theory?

4 Comments

  1. Fred Stein said:
    Interesting. The highs at $150 are only 25% above today’s price and only 10% above the all time high.

    The lows only serve to lower the average PT – reality distortion in a bad way.

    0
    November 16, 2020
  2. Gregg Thurman said:
    I segregate the habitual Bears from all announced price targets as being Buy side (vs Sell side) estimates. Consensus goes up dramatically, and not surprisingly more closely resembles AAPL’s actual results.

    There are 7 analysts in this group. Can you guess who they are?

    1
    November 16, 2020
  3. Jerry Doyle said:
    “…. My take: Some popular landing spots include $150, $140, $133, $125, $115, $100. Anyone have a theory?”

    No, I do not have a theory but I do see clearly and welcome immensely the popular landing spot of so many discerning analysts at $150! That price level speaks volumes in confidence of Apple’s performance going forward the next six months. I still am sticking with my price level of $150 by the Q2 2021 financial call, if not before. 🙂

    Laissez le bon temps rouler!

    1
    November 16, 2020
  4. Martin Beutling said:
    From my experience: I think we will see the stock around the last ATH at or around Christmas.

    1
    November 17, 2020

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