Quick Read – Apple (AAPL) trades 1% below its 52-week high at $313, while our model projects 12% upside against Wall Street’s near-zero consensus target. – Hitting $500 by 2030 requires a 59% gain and a 53x forward P/E, contingent on Apple Intelligence driving upgrades across…
5 billion devices. – Apple’s $30 billion Broadcom deal builds AI infrastructure credentials, but CFO Kevan Parekh flagged memory costs as a growing headwind beyond June. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn’t make the cut. Grab the names FREE today
Apple (NASDAQ:AAPL) just signed a $30 billion multiyear deal with Broadcom for U.S.-made custom silicon and is closing in on Nvidia for the largest market cap in the world. Shares are up 15.49% year to date and sit at $313.39. Can Apple ride its AI infrastructure pivot to $500 per share by 2030?
Here is what the math says. Why Apple Shares Face a Near-Term Ceiling Shares are up 6.46% over the past week and 49.82% over the past year. The stock trades 1% from its 52-week high of $317.40, and CFO Kevan Parekh flagged that memory costs will drive an increasing impact on our business beyond the June quarter.