Is Apple Stock Overpriced?
Apple (NASDAQ: AAPL) is currently the largest company in the world by a decent margin, but some may be unsure if it deserves that lead. From a few perspectives, Apple's stock looks very expensive and might be overpriced.
Is that the case? Or is there more to the Apple story?
Apple is one of the world's most recognizable companies, and its products likely need no introduction. However, Apple's sales haven't kept up with its reputation over the past two years. Apple has struggled to meaningfully increase revenue in any capacity, and its sales would have likely dipped if not for the strength of its subscription services.
Source Fool.com
Apple Inc. Stock
€194.48
-3.190%
Currently there is a rather positive sentiment for Apple Inc. with 154 Buy predictions and 17 Sell predictions.
With a target price of 227 € there is a slightly positive potential of 16.72% for Apple Inc. compared to the current price of 194.48 €.
