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AAPL to reach at least $150 by the end of 2014

by: E. Werner Reschke | Aug 28, 2014
Categories: Predictions

AAPL Stock to reach over $150 by end of 2014

If current trends continue, it is not inconceivable for AAPL to be worth over $150 per share by the end of 2014. Since June 6th, when Apple’s 7:1 AAPL stock split occurred, the stock has risen 1.37% every day for the past 80 days for a 10% increase in value from $92.22 to $101.54 per share. If AAPL growth continues at this rate for the next 128 days, on December 31, 2014 AAPL will be worth $178.88 per share.

While stock valuations do not follow a linear path and are effected by sales figures, margin, competition and international politics, it is interesting to note the growth path of AAPL since the stock split on June 6th. This is certainly a much different climate than before the split when AAPL seemed stuck between $500-550 share.

Apple's stock growth now seems propelled by iWatch rumors flaring up once more. The latest rumor comes from re/code's John Paczkowski stating the mystery device will make it's debut September 9 along side new iPhones. Whether or not a new category-type device arrives on or after an iPhone refresh in early September, new product announcements are just around the corner which has almost always given Apple's stock a boost. While the DOW and NASDAQ are both down today, AAPL is again heading north, a trend that may hold through that end of the year.

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2 Comments

  1. Bill Gates ~ August 28, 2014 21:49

    "the stock has risen 1.37% every day for the past 80 days for a 10% increase in value" Math fail #
  2. Constable Odo ~ August 29, 2014 06:17

    As an Apple shareholder, I would certainly like to see the share price rise, but there's no way it can get up that high this year. I'll be satisfied with $110-$115 and I'm not even counting on that much. Wall Street is very stingy when it comes to Apple. Apple's P/E will probably compress as revenue goes up. I can't imagine Apple selling tens of millions of wearable devices so, I'm sure that will be a big disappointment to the investors after certain analysts pushed expectations to the moon. Apple will never be given a free pass like Google shareholders get. Apple will remain a doomed company by the news media and industry pundits. They're always hoping Apple will fail and it probably frightens investors to stay away. I'm willing to bet Apple will move about 75 million iPhones later this year and then the critics will say that Apple can only go down at that point. That's always the way it has been for what I consider the finest consumer tech company in the world. Too many people hate to see Apple being successful and it's not even as though Apple is actually forcing people to buy their products. #

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