Key Points:
- Apple Inc. is facing technical issues impacting Apple Pay, Apple Card, and Apple Cash
- Analyst consensus gives AAPL an "Outperform" rating with an average price target of $231.55
- GuruFocus estimates suggest a slight downside from the current price based on GF Value
Apple Faces Technical Hurdles
Apple Inc. (AAPL), a leader in the technology sector, is currently grappling with technical challenges affecting its key financial services: Apple Pay, Apple Card, and Apple Cash. These issues are highlighted on the company's status page, which displays yellow caution warnings, signifying ongoing disruptions. As Apple works diligently to resolve these problems, users may experience intermittent service interruptions.
Wall Street Analysts' Perspectives
Insights from 43 market analysts provide an average price target for Apple Inc. at $231.55 over a one-year horizon. The projections range from a high of $300.00 to a low estimate of $141.00. This suggests a potential upside of 9.70% from the current trading price of $211.08. For more details on these projections, visit the Apple Inc (AAPL, Financial) Forecast page.
Brokerage Recommendations
Among 51 brokerage firms, the consensus recommendation for Apple Inc. is an average rating of 2.2, signaling it as an "Outperform" stock. The rating system ranges from 1, indicating a Strong Buy, to 5, indicating a Sell. This favorable outlook reflects the market's confidence in Apple's strategic positioning and growth potential.
GuruFocus Valuation Insights
According to GuruFocus estimates, the projected GF Value for Apple Inc. in one year stands at $209.19. Compared to the current trading price of $211.075, this represents a slight downside of 0.89%. The GF Value is calculated using historical trading multiples, past business growth metrics, and future business performance forecasts. For more detailed insights, visit the Apple Inc (AAPL, Financial) Summary page.
