Apple Stock Forecast and Prediction: AAPL recovers a little. Will it outperform NASDAQ this week?

Apple Stock Forecast and Prediction: AAPL recovers a little. Will it outperform NASDAQ this week?

June 7th, Apple Stock Forecast: Current Outlook is Marginally Negative

The 12 month target for the stock is $181.

2 analysts
Latest Apple stock price
MetricValueTrend
Share Volume71.6 MLower
Forward PE (1 Year)23.9NA

Read: LUCID Stock Forecast

Google Search Volume for Apple Stock is the same as yesterday

12 months Performance Chart

Last 5 daysYTD
AAPL-2.0%-19.1%
Samsung-3.0%-16.7%
Alphabet+2.5%-22.5%

Apple Stock Forecast: CrowdWisdom360- Insights

AAP has been on a recovery journey over the last 2 weeks. However, it continues to underperform NASDAQ. Major concerns around supply chain, inflation and consumer demand are hurting Apple much more than other stocks.

Screenshot 2022 06 07 at 4.11.43 PM

Some analysts are arguing that Apple is oversold at the moment

YouTube video

At the moment, we so no evidence of AAPL beating the NASDAQ this week. AAPL is moving in tandem with NASDAQ and is likely to do for a few more weeks.

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Current Technical Recommendation

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Apple Stock Forecast: Momentum Summary

IndicatorTrend
Market DataMarginally Negative
PriceHigher
Volume TrendLower
Performance vs NASDAQ (Last 5 days)Lower
TechnicalNeutral
Crowd’s WisdomSteady
Google SearchSteady
Social Media Sentiment Trend (Last 24 hours)Steady

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Latest AAPL Apple Stock News and Tweets

PapiStonks on Twitter: “$AAPL Looks like a possible Inverse H&S on the daily, double bottom at 145 support on 65min and 4hr. Looking kinda bullish. Under 145.40 looking for 144.34, 143.17, 142.50. Over 147 looking for 147.45, 148.50, 149.37. https://t.co/P6kgZyZSc4 pic.twitter.com/9QzwTkt6h8 / Twitter”

AAPL Looks like a possible Inverse H&S on the daily, double bottom at 145 support on 65min and 4hr. Looking kinda bullish. Under 145.40 looking for 144.34, 143.17, 142.50. Over 147 looking for 147.45, 148.50, 149.37. https://t.co/P6kgZyZSc4 pic.twitter.com/9QzwTkt6h8

Last 7 daysLast 24 hoursTrend
Net Sentiment ($AAPL)0.8%0%Steady

Read LUCID stock forecast

Apple Stock Forecast 2022: Forecast for the Next 12 months

SourceDateTarget
Apple Stock Forecast 2022May 26th$181
Loop CapitalMay$180
Bank of AmericaMay$200
Fundamental ResearchMay$175
RosenblattMay$168

Apple Stock Forecast: Q1 Results

  1. Revenue: $123.9 billion, +11%
    1. US Sales: $51 billion, +11%
    2. Iphone: $71.6 billion, 9.2%
  2. Quarterly EPS: $2.1, +25%
Apple Stock Forecast Today and 2022: AAPL Closed Over $150

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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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