As of July 2024, analysts have a generally positive outlook on Apple (AAPL) stock. The consensus among analysts is a "Buy" rating, with an average 12-month price target of around $230, suggesting a potential upside of about 5.56% from its current trading price of approximately $218 [oai_citation:1,Apple Inc (AAPL) Stock Forecast & Price Targets - Stock Analysis](https://stockanalysis.com/stocks/aapl/forecast/) [oai_citation:2,Apple (AAPL) Stock Forecast and Price Target 2024](https://www.marketbeat.com/stocks/NASDAQ/AAPL/forecast/). A major catalyst for Apple is its push into artificial intelligence with the launch of Apple Intelligence. This initiative is expected to drive significant synergies across Apple’s hardware ecosystem, potentially boosting sales and enhancing user experience. Analysts are optimistic about the impact of this AI integration, particularly on the iPhone's two-year upgrade cycle, which is expected to start with the iPhone 16 series launch later this year [oai_citation:3,Apple Stock's Next Big Catalyst: Why Analysts Are Predicting 25% Upside | InvestorPlace](https://investorplace.com/2024/07/apple-stocks-next-big-catalyst-why-analysts-are-predicting-25-upside/). Looking at financial forecasts, Apple's revenue is expected to grow modestly in the coming years. For 2024, revenue is projected to be around $394 billion, growing to approximately $420 billion in 2025 and $458 billion by 2026. Earnings per share (EPS) are also forecasted to increase, from $6.72 in 2024 to $7.39 in 2025 and $8.40 in 2026 [oai_citation:4,Apple Stock Forecast & Predictions: 1Y Price Target $219.81 | Buy or Sell NASDAQ: AAPL 2024 | WallStreetZen](https://www.wallstreetzen.com/stocks/us/nasdaq/aapl/stock-forecast). In summary, Apple’s stock is supported by strong fundamentals, a robust product pipeline, and strategic advancements in AI, making it a solid investment prospect according to most analysts [oai_citation:5,Apple Stock's Next Big Catalyst: Why Analysts Are Predicting 25% Upside | InvestorPlace](https://investorplace.com/2024/07/apple-stocks-next-big-catalyst-why-analysts-are-predicting-25-upside/) [oai_citation:6,Apple Inc (AAPL) Stock Forecast & Price Targets - Stock Analysis](https://stockanalysis.com/stocks/aapl/forecast/) [oai_citation:7,Apple (AAPL) Stock Forecast and Price Target 2024](https://www.marketbeat.com/stocks/NASDAQ/AAPL/forecast/).