Quick Summary:
- Richard Bernstein identifies a shift in the U.S. profit cycle, highlighting Apple's valuation compared to consumer staples.
- Wall Street analysts suggest a potential upside of 9.02% for Apple Inc. (AAPL, Financial) with varied price targets.
- Apple shows an "Outperform" status with a GF Value estimate indicating a slight downside.
Understanding Apple's Valuation Shift
Richard Bernstein of Richard Bernstein Advisors draws attention to a notable shift in the U.S. profit cycle's growth rate. This evolution is prompting markets to cast a spotlight on fundamental values. Bernstein emphasizes Apple's (AAPL) current valuation in contrast to typical consumer staples, which may signal a transition as investors reassess the benefits of stable earnings versus speculative stocks.
Wall Street Analysts' Forecasts for Apple
According to the one-year price targets from 43 analysts, Apple Inc (AAPL, Financial) boasts an average target price of $232.28. These estimates range from a high of $300.00 to a low of $141.00, presenting an intriguing potential upside of 9.02% from the current price of $213.05. For further insights, visit the Apple Inc (AAPL) Forecast page.
Brokerage Recommendations and GF Value Assessment
The consensus from 51 brokerage firms places Apple Inc (AAPL, Financial) at a commendable 2.2 average brokerage recommendation, reflecting an "Outperform" status. This scale ranges from 1, indicating a Strong Buy, to 5, pointing towards a Sell.
Furthermore, leveraging GuruFocus estimates, the projected GF Value for Apple Inc (AAPL, Financial) in the upcoming year is $209.02. This projection suggests a slight downside of 1.89% from its present price of $213.05. The GF Value is a representation of the fair trading value based on historical trading multiples, past business growth, and future business performance projections. For a deeper dive, explore the Apple Inc (AAPL) Summary page.
