Apple Scorecard: Is the long-time Leader still growing?

What is the market’s view of Apple’s future operating performance as reflected in the current price of $173? Over the next 6 years, Apple shares will need to reach $290 to achieve average annual stock market performance of 9.0%. Upper quartile performance will require a $341 Apple stock price by 2028.  

While Apple has been a premium stock market performer for decades, it currently still satisfies our selection criteria very well. Our appraisal of potential stock price performance relative to the Peer Group and the overall stock market is based on three key drivers of value: Growth, Profitability, and Risk.

Apple has a current Value Trend Rating of B (Positive). Stocks with high Value Trend Ratings are expected to outperform the general market while low Value Trend Rating stocks underperform.

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