Where Will Apple Stock Be in 3 Years?
(NASDAQ: AAPL) started 2025 on a downbeat note as shares of the technology giant headed south for most of January, but the fiscal 2025 first-quarter results it released on Jan. 30 could help turn its fortunes around.
For the period, which ended Dec. 28, 2024, Apple's revenue increased 4% year over year, while its earnings exceeded analysts' expectations with a 10% jump. Apple delivered those improvements despite a 1% decline in revenue from sales of iPhones. More importantly, the tech giant's outlook and management's comments regarding the adoption of its artificial intelligence-enabled devices point toward a better year.
Let's take a closer look at the key takeaways from the company's latest report and consider if its catalysts are solid enough to push the stock higher over the next three years.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 75 Buy predictions and 7 Sell predictions.
As a result the target price of 282 € shows a slightly positive potential of 4.54% compared to the current price of 269.75 € for Apple Inc..
