- Apple's adjustments to its App Store policies could slightly impact earnings, aligning with EU regulations.
- Analysts predict an average price target of $231.02, signaling a potential upside.
- GuruFocus estimates suggest a fair value increase for Apple shares in the near future.
Apple Inc. (AAPL, Financial) recently made changes to its App Store policies to comply with new regulations in Europe. While these adjustments align with the EU's guidelines, their direct impact on earnings is expected to be minimal, potentially affecting less than 1% per share. The European App Store represents approximately 8% of Apple's total revenue, which translates to a possible earnings reduction of $0.06 per share, or $570 million.
Wall Street Analysts Forecast
Considering the one-year price targets proposed by 41 analysts, Apple Inc (AAPL, Financial) has an average target price of $231.02. This includes a high estimate reaching $300.00 and a low estimate of $141.00. The average target indicates a 14.55% upside from the current stock price of $201.68. For more comprehensive estimates, visit the Apple Inc (AAPL) Forecast page.
On the brokerage side, consensus from 50 firms gives Apple Inc (AAPL, Financial) an average recommendation of 2.2, aligning with an "Outperform" status. This recommendation scale ranges from 1 to 5, where 1 is a Strong Buy, and 5 is a Sell.
Based on GuruFocus estimates, the projected GF Value for Apple Inc (AAPL, Financial) within a year is calculated at $209.73. This suggests a 3.99% upside compared to the current price of $201.68. The GF Value represents GuruFocus' assessment of the fair trading price, derived from historical trading multiples, past business growth, and future performance projections. For more detailed information, explore the Apple Inc (AAPL) Summary page.
