Apple stock has surged in 2024, with strong fiscal results and positive growth prospects for 2025.

From Nasdaq: 2024-12-31 09:13:00

Shares of Apple (NASDAQ: AAPL) have surged 33% in 2024, following strong fiscal Q4 results. Sales of iPhones, iPads, and MacBooks saw upticks, with services business growing double digits. Revenue for Q4 reached $94.9 billion, with adjusted earnings at $1.64 per share (excluding one-time impact). Fiscal 2025 prospects look promising with AI-driven growth expected.

Analysts foresee Apple’s revenue jumping nearly 6% to $414.4 billion in fiscal 2025, with earnings per share increasing to $7.39. The company’s AI-powered device sales could exceed expectations, potentially driving further stock gains. Monetizing AI offerings and solid market positions in smartphones, PCs, and tablets position Apple for sustained growth.

Apple’s strong position in the market and improving prospects make it a lucrative opportunity for investors. Analysts have a median 12-month price target of $250, suggesting potential limited upside in 2025. However, accelerated revenue and earnings growth in fiscal 2025, driven by AI technology, could support continued stock momentum.

Investors are urged to consider Apple for potential growth opportunities in 2025. The company’s solid market positions and AI-driven sales growth indicate a positive outlook for the future. With the possibility of monetizing AI offerings and accelerating revenue and earnings growth, Apple remains an attractive investment option.



Read more at Nasdaq: Where Will Apple Stock Be in 2025?