What Is The All-time Low Price Of Apple Stock | StatMuse Money (2024)

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What Is The All-time Low Price Of Apple Stock | StatMuse Money? ›

The lowest closing price for Apple (AAPL) all-time was $0.04, on July 8, 1982. The latest price is $216.39.

Average Price Target

Based on 33 Wall Street analysts offering 12 month price targets for Apple in the last 3 months. The average price target is $249.82 with a high forecast of $300.00 and a low forecast of $186.00. The average price target represents a 11.84% change from the last price of $223.38.

The latest closing stock price for Apple as of September 09, 2024 is 220.91. The all-time high Apple stock closing price was 234.55 on July 16, 2024.

Apple stock forecast 2024

Of the 47 analysts surveyed, 23 recommend buying, nine rate it as “overweight,” 13 recommend holding, one rates it as “underweight,” and one recommends selling. At the time of this writing, the average price target is $244.31.

Analysts are expecting Apple to sustain double-digit earnings growth of 11% for the next five years. Based on its fiscal 2023 earnings of $6.13 per share, its bottom line could jump to $10.33 per share in five years.

If one had bought $1,000 in Apple stock when Jobs returned in February 1997 and held on until today, that position would be worth around $1.8 million. That figure assumes this hypothetical investor would have reinvested their income from the dividend, which Apple reinstated in 2012.

The Numbers on Apple Stock

Those gains translate to a 36.2% compound annual growth rate (CAGR) for Apple compared to an 8.5% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth more than $4.85 million today, assuming reinvested dividends.

Apple probably won't split its stock in 2024. The stock price today is about half what it was when the company announced its last split, a four-for-one exchange, in 2020.

What if you bought Apple stock 20 years ago? ›

What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $448,000. The same $1,000 invested in the S&P 500 would theoretically have turned into about $7,300 over the same period.

The lowest closing price for Apple (AAPL) all-time was $0.04, on July 8, 1982. The latest price is $222.50.

The highest closing price for Apple (AAPL) all-time was $234.55, on July 16. The latest price is $220.79.

Ten Year Stock Price Total Return for Apple is calculated as follows: Last Close Price [ 220.91 ] / Adj Prior Close Price [ 22.42 ] (-) 1 (=) Total Return [ 885.3% ] Prior price dividend adjustment factor is 0.89.

The Apple stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock.

What are analysts forecasts for Apple stock? The 99 analysts offering price forecasts for Apple have a median target of 218.23, with a high estimate of 300.00 and a low estimate of 158.00. The median estimate represents a 102.05 difference from the last price of 222.71.

Apple's stock is very expensive for its growth

Apple's stock trades at the high end of its recent valuation at 33.6 times earnings. If you look at forward earnings, it's clear Wall Street analysts don't expect much growth either, with just 2% growth expected until the end of this fiscal year and 13% growth next year.

Ten Year Stock Price Total Return for Apple is calculated as follows: Last Close Price [ 222.50 ] / Adj Prior Close Price [ 22.39 ] (-) 1 (=) Total Return [ 893.8% ] Prior price dividend adjustment factor is 0.89.

As of 2024-09-16, the Fair Value of Apple Inc (AAPL) is 86.15 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 222.5 USD, the upside of Apple Inc is -61.3%.

There's never a bad time to invest. Investing is all about playing the long game – that's at least five years, but ideally a lot longer. Taking a long-term approach with your investments helps cut out the short-term noise and with it, the worries about finding the right time to invest.