Key Takeaways:
- Apple is set to roll out cutting-edge 2nm chips by late 2026 with TSMC at the manufacturing helm.
- Analysts predict a potential 14.65% upside for Apple's stock, with a target price of $231.02.
- GuruFocus estimates a modest 4.08% upside based on their GF Value metric.
Apple Inc. (AAPL, Financial), in collaboration with Qualcomm and MediaTek, is preparing for a technological leap by planning to introduce 2-nanometer chips by the end of 2026. Taiwan Semiconductor Manufacturing Company (TSMC) will play a pivotal role as the main manufacturer for this advancement. Recently, Apple has transitioned over 80% of its products to the 3-nanometer node, underscoring its dedication to pioneering chip technology and enhancing artificial intelligence capabilities.
Wall Street Analysts Forecast
According to one-year price targets provided by 41 financial analysts, Apple Inc. (AAPL, Financial) has an average target price of $231.02. Projections range between a high of $300.00 and a low of $141.00. This average price target suggests a potential upside of 14.65% from the stock's current price of $201.50. For more comprehensive estimate data, visit the Apple Inc (AAPL) Forecast page.
The consensus recommendation from 50 brokerage firms rates Apple Inc. (AAPL, Financial) as "Outperform," with an average brokerage recommendation of 2.2 on a scale from 1 to 5. Here, 1 indicates a Strong Buy, and 5 signifies a Sell.
As per GuruFocus estimates, the GF Value for Apple Inc. (AAPL, Financial) over the next year is calculated to be $209.73. This presents a potential upside of 4.08% from the current stock price of $201.50. The GF Value is GuruFocus's estimation of the stock's fair trading value, derived from historical trading multiples, past business growth, and projected future performance. For a deeper dive into this estimate, visit the Apple Inc (AAPL) Summary page.
