How much will Apple stock be worth in 2030?
A prediction for where Apple stock will be in 2030 Here’s my prediction: Apple’s share price will double to around $550. This would increase the company’s market cap to more than $8 trillion. When it comes to valuation, Apple trades at a price-to-earnings (P/E) ratio of 33. It’s certainly deserving of a premium multiple. If the P/E ratio stays constant, investors can expect Apple stock to hit $1,000 in just over 12 years. This is based on the 11. EPS growth continuing indefinitely.
What if I invested $10,000 in Apple 30 years ago?
If you had recognized Apple’s potential 30 years ago and invested $10,000 in its stock, you’d be a multimillionaire today with about $6. If you’d invested $10,000 in Tesla stock five years ago, you’d be sitting on nearly $138,600 now. That’s a stunning multibagger stock.