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Let's explore where Apple stock might be by this time next year. Indeed, Apple's 269% return in just the past five years has more than tripled the S&P 500 index's 82% gain over the same period.
If Apple's earnings indeed hit $9.17 per share in fiscal 2027 and it trades at 33.5 times earnings at that time, in line with the current ratio for the Nasdaq-100 (using that tech-heavy index as a ...
If we multiply the projected earnings after two years by the U.S. technology sector's average price-to-earnings ratio of 50, Apple's stock price could hit $415 in a couple of years. That would be ...
Assuming Apple's earnings indeed jump to $8.39 per share after three years, and it trades at 33 times earnings at that time (in line with its current earnings multiple), its stock price could hit ...
The jump in Apple's stock price was driven by the company's better-than-expected numbers. It earned $1.53 per share on revenue of $90.8 billion, while analysts were expecting $1.51 per share on ...
The stock price would need to reach $362 per share (about 65% upside as of Dec. 31) for its market value to reach $3.8 trillion. Nvidia is currently worth $3.3 trillion.
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