Will Apple Be a $3 Trillion Stock by 2025?
(NASDAQ: AAPL) became the world's first $3 trillion company last June. By Dec. 14, 2023, its stock had hit its record high of $197.86, lifting its market cap to $3.08 trillion and seemingly securing its spot as the world's most valuable company.
But today Apple's stock trades at about $170 per share with a market cap of $2.63 trillion. Microsoft, which surpassed that market cap this January, is now worth $2.99 trillion. Let's see why Apple lost its luster over the past three months, if it can regain its footing this year, and if it can become a $3 trillion stock again by 2025.
Image source: Apple.
Source Fool.com
Apple Inc. Stock
€199.24
-0.720%
Our community is currently high on Apple Inc. with 147 Buy predictions and 17 Sell predictions.
As a result the target price of 224 € shows a slightly positive potential of 12.43% compared to the current price of 199.24 € for Apple Inc..
