Apple at $181.12: Seven out of 10 Apple analysts are now underwater

When Apple opened above $180 Monday morning, it pushed eight more price targets into the deep blue sea.

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

apple 181.12 underwater

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

My take: I wish Rod Hall and Toni Sacconaghi would put Goldman's and Bernstein's money where their mouth is and sell their firm's Apple holdings for $142 and $132 a share, respectively. We won't even talk about Pierre Ferragu.

See also: How does Goldman Sachs’ Apple analyst still have a job?

3 Comments

  1. Romeo A Esparrago Jr said:
    Your take, Philip -> Yess!!
    Put up or shut up.

    3
    December 13, 2021
  2. Jerry Doyle said:
    I posted earlier my comments below relative to Gene M, but they also are appropriate for this blog topic, too.

    It always is interesting and refreshing to see FOBs giving more accurate PTs for Apple than the professional analysts on the street. Yes, we understand their need to be more conservative and cautious for the clients whom they represent, but it always makes them appear as if they are running to catch-up. I remember earlier this year when Gene gave his initial $200 stock price on Apple as being two years out in 2023 and I cringed. Somewhere along the way this year I did hear him on CNBC tell an anchor that Apple could see $200 by end of 2022. That prognostication was a bit of fresh breathable air. Yes, WS analysts are beginning to build AR and autonomy into Apple’s stock price. At some point soon, the true value contribution of the Watch to health & wellness will take hold when it’s new health monitoring features roll-out. We should begin to see in the coming months more Apple stock price construction among WS analysts ordering up and uniting new PTs through gradual increases toward $300.

    Laissez les bons temps rouler!
    Geaux   

    3
    December 13, 2021

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