Behind the reports that triggered a flurry of Apple analysts' revisions
FORTUNE -- At least five top Apple (AAPL) analysts lowered their price targets last weekend based on reports that the company had reduced some parts orders for the iPhone 5 in its Asian supply chain.
In a note to clients issued early Tuesday, Topeka's Brian White took a closer look at those order changes. His conclusion: "we believe the doomsday scenarios MORE
Philip Elmer-DeWitt - Dec 18, 2012 8:28 AM ET
Midway through 2012, the analysts' calls range from a low of $270 to a high of $1,200
FORTUNE -- Robert Paul Leitao, who runs the Braeburn Group of independent Apple (AAPL) analysts, published the 12-month price targets of 15 Braeburn members on his Posts at Eventide website Saturday. They range from a low of $700 to a high of $1,100, for an average of $890 a share.
How does that compare with MORE
Philip Elmer-DeWitt - Jun 17, 2012 8:22 AM ET
Price targets of $1,001 and $920 are getting the headlines. But what about the stragglers?
If you've read anything about Apple (AAPL) lately, you've probably heard that the stock is on a tear, up more than 50% since January to close at $629.32 Tuesday, a new record high.
Two weeks ago, a flurry of analysts hurried to set new price targets in the $660 to $800 range, and this week two more made MORE
Philip Elmer-DeWitt - Apr 4, 2012 6:45 AM ET
Updating price targets to account for a dividend, a buyback and 3 million iPad
Most Apple (AAPL) analysts like to publish their quarterly estimates for the current quarter the day after the company reports its results from the last. And then, unless things change dramatically, they stick with their forward-looking numbers for the next two and a half months.
Sometimes, however, Apple gets so far ahead of their forecasts that adjustments must MORE
Philip Elmer-DeWitt - Mar 20, 2012 2:27 PM ET
As of Wednesday morning Morgan Stanley's and Oppenheimer's were under water
Most sell-side Apple (AAPL) analysts are conservative in their earnings estimates but bullish in their price targets. According to Thomson/First Call, the Street high target this week is $700 and the median is a dollar short of $600. (The independent analysts are even more optimistic; the biggest number we've seen is Robert Paul Leitao's $790.)
But with Apple topping $525 in heavy MORE
Philip Elmer-DeWitt - Feb 15, 2012 10:48 AM ET
Like the tortoise in Achilles' footrace, they may be perpetually unreachable goals
"There's scant evidence that the stock market itself has paid much if any attention to analysts' price targets in recent years," writes Needham's Charlie Wolf in a note to clients Thursday that raises his own Apple (AAPL) target $80 to $620.
He's got a point. the average target among the two-dozen analysts we sampled on October 19, the day after Apple's MORE
Philip Elmer-DeWitt - Feb 9, 2012 9:14 AM ET
Here's how to beat Wall Street at its own game, and learn why shares of Apple will be at $400 in two years.
by Andy M. Zaky, contributor
Just how much is Apple really worth? The very first thing investors learn about fundamental analysis is that stocks are generally valued on a price-to-earnings ratio, and that a stock's growth rate is what determines the multiple it receives in the analysis. For example, MORE
Aug 11, 2010 9:30 AM ET
Analysts scramble to raise their price targets after Tuesday's record Q2 earnings report
Hindsight is a wonderful thing, and after failing to predict Apple's (AAPL) performance in the quarter than ended March 27, all of Wall Street seemed to be looking at the company with new and more appreciative eyes.
More than two dozen analysts raised their price targets for Apple overnight, from as low as $240 to as high as $350.
The MORE
Philip Elmer-DeWitt - Apr 21, 2010 2:38 PM ET