Following what was a monumental year for a host of different stocks, many companies are expected to continue winning after the New Year. Indeed, Apple (APPL) may be chief among them, as the company’s revenue is expected to surge in 2025. Currently, several bank analysts and financial experts have high expectations for Apple Stock this year, with Citi in particular giving the stock a buy rating.
Indeed, Citi analysts are maintaining optimism in the iPhone maker to start 2025. On Monday, Citi reiterated a Buy rating and a price target of $255.00. The tech giant, currently valued at $3.68 trillion, trades at $244. The potential target according to Citi is also close to its 52-week high of $260.10. Despite a roughly flat total revenue for Q4 compared to the previous year, which slightly missed Citi’s projection of a 1% increase in iPhone sales and the street’s 2% expectation, the firm remains optimistic about Apple’s quarterly results.
Several Wall Street experts are staking predictions on AAPL to be a top stock option in 2025, rivaling Nvidia and other Mag-7 members. Another bank analysis that is particularly bullish on AAPL is Morgan Stanley. The firm’s analysts cite several key indicators of possible growth for the leading tech stock. The firm forecasts iPhone shipments to rise 12% year-over-year to 258 million units in fiscal 2026. Features like upgraded Siri, AI image tools, and ChatGPT integration will all drive demand. In addition, Morgan Stanley projects Apple’s services segment to sustain double-digit growth in 2025, as well as its gross margins to expand.
Also Read: Amazon, Apple, & Nvidia Lead Dow Jones Stocks to Watch in 2025
Can Apple (AAPL) Stock Hit $300 in 2025?
In 2025, Apple will be one of the top tech companies to watch, with the potential for its stock to leap. A surge to $300 would mark a new all-time high for share value.
One of the biggest wildcards of the year is the company’s first foray into AI, Apple Intelligence. Debuting late in 2024, the company’s growth accelerated towards the end of fiscal year 2024. Altogether, its revenue jumped 6% year over year to $94.9 billion in Q4. That should continue to grow, with AI integration a vital feature likely to drive increased iPhone sales. IDC data has projected iOS-based iPhone shipments to jump 3.1% this year. Comparatively, Android devices are only expecting a 1.7% jump.
Also Read: Chainlink: Crypto Whales Triggering a New LINK Rally?
In addition, Morgan Stanley projects Apple’s services segment to sustain double-digit growth in 2025. A combination of pricing power, expanding adoption, and new offerings will ensure that the company’s services segment remains busy and profitable. The firm also notes that the services revenue will grow at an 11.4% compound annual growth rate through fiscal 2027, outpacing consensus estimates. This type of growth could only reap benefits for Apple stock investors, as the quest for a $4T market cap and $300 stock value may overlap into a common goal.