Is Apple stock Overvalued? (2024)

Is Apple stock Overvalued?

With its 2-star rating, we believe Apple's stock is overvalued compared with our long-term fair value estimate of $160 per share. Our valuation implies a fiscal 2024 adjusted price/earnings multiple of 25 times, a fiscal 2024 enterprise value/sales multiple of 7 times, and a fiscal 2024 free cash flow yield of 4%.

What does Warren Buffett think of Apple stock?

Buffett went on to praise Apple CEO Tim Cook as “one of the best managers in the world” and last year said that the company “just happens to be a better business than any we own.” Berkshire Hathaway purchased an additional $31 billion in Apple shares in 2022.

Is Apple a good stock to buy long-term?

The company has faced repeated hits to its business but has a promising long-term outlook. Apple (AAPL -0.81%) has had a challenging start to 2024, with its shares down 9% year to date. Macroeconomic headwinds caught up with the company last year, which led to four consecutive quarters of revenue declines.

What is fair value of Apple stock?

As of 2024-04-15, the Fair Value of Apple Inc (AAPL) is 83.95 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 176.55 USD, the upside of Apple Inc is -52.4%.

Why is Apple stock in trouble?

The government contends that Apple violated antitrust laws by using an assortment of strategies to both cement the iPhone's dominant position in the U.S. smartphone market and to build out a collection of services and peripherals that expands its power and reach.

Why is Warren Buffett so heavily invested in Apple?

Buffett was late to the tech party, but it is no surprise that he alighted on Apple seven years ago. It ticks all his stock selection criteria - a high quality business, with a captive market, excellent management and a massive defensive 'moat' that prevents competitors attacking its dominant position.

How much did Warren Buffett lose on Apple stock?

Berkshire Hathaway, the conglomerate led by Warren Buffett, reduced its holdings in Apple by approximately 1% during the final quarter of 2023, according to recent Securities and Exchange Commission (SEC) filings.

Why not to invest in Apple?

Stand pat on Apple

Moreover, with the stock trading at a 30 P/E ratio, it provides no obvious avenue for multiple expansion, a factor that's likely to limit its stock returns further. That could prompt Berkshire Hathaway to sell some of its shares, which in turn could negatively influence the stock.

Should I sell or hold Apple stock?

Apple has 18.20% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 10 hold ratings and 2 sell ratings.

Is Apple a buy or sell right now?

Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.

How high is Apple stock expected to go?

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.93, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 21.98% from the current stock price of 168.00.

What was the cheapest Apple stock ever?

The lowest closing price for Apple (AAPL) all-time was $0.04, on July 8, 1982. The latest price is $169.34.

Will Apple stock go up in 2024?

Aside from its gadgets, Apple also has a very strong services segment. The segment boasts $23.1 billion in revenue, and it has been helping drive the company's to success. Because of its innovation, the stock surged about 23% in 2023 and is expecting to grow more in 2024.

What will Apple stock be in 2025?

Is Google a buy sell or hold?

GOOG Stock Forecast FAQ

Alphabet Class C has 7.43% upside potential, based on the analysts' average price target. Is GOOG a Buy, Sell or Hold? Alphabet Class C has a conensus rating of Strong Buy which is based on 10 buy ratings, 1 hold ratings and 0 sell ratings.

Who owns the most amount of Apple stock?

Arthur Levinson is Apple's largest individual shareholder, owning 4.43 million shares as of February 2024. His stake accounts for only 0.028% of Apple's total outstanding stock. Levinson chairs Apple's board and is also the co-founder and CEO of Calico, an Alphabet Inc.

Is Warren Buffett buying Apple?

Warren Buffett's holding company Berkshire Hathaway, which owns GEICO and Dairy Queen, sold off about 1% of its stake in Apple in the last quarter of 2023, the company revealed in new SEC filings.

How much of Apple does Warren Buffet own?

Warren Buffett's holding company, Berkshire, has been one of Apple's biggest backers. It owns a 5.9% stake, ranking behind only Vanguard Group, which holds 8.1% through its many mutual funds and exchange-traded funds, according to FactSet.

How much dividend Buffett paid from Apple?

Assuming Berkshire continues to hold 915 million shares of Apple, that stake will provide it with $878 million in dividend income over the next 12 months. Apple has tremendous cash resources that it can invest in technology, but it's the company's brand that Buffett values the most.

Why are billionaires selling stock?

"Billionaire CEOs like [Jeff] Bezos, [Mark] Zuckerberg, Jamie Dimon, and the Walton family are selling off massive amounts of their own stocks, and analysts think the CEOS may be bracing for an economic downturn," he said, adding, “An overheated stock market continues to climb to new heights as investors feed that ...

Is Apple a high risk investment?

Apple Investment Opportunity

Apple Inc has a volatility of 1.19 and is 2.02 times more volatile than NYSE Composite. Compared to the overall equity markets, volatility of historical daily returns of Apple Inc is lower than 10 percent of all global equities and portfolios over the last 90 days.

What will Apple stock be worth in 2030?

Why are people selling Apple shares?

Apple stock has been dropping and underperforming its Big Tech peers for multiple reasons. These include: Stagnant sales: Apple's sales fell YoY in all four quarters of the last fiscal year, and marked the first time since fiscal 2019 that its annual revenues fell on a YoY basis.

What are analysts saying about Apple stock?

What is the Apple 5 year forecast?

Based on our forecasts, a long-term increase is expected, the "AAPL" stock price prognosis for 2029-04-11 is 304.300 USD. With a 5-year investment, the revenue is expected to be around +81.13%. Your current $100 investment may be up to $181.13 in 2029.