Will Apple's Stock Reach $200 By 2022?

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

We surveyed a group of over 300 investors on whether shares of Apple Inc. AAPL will reach $200 by 2022.

Apple Stock Forecast

Apple designs a wide variety of consumer electronic devices, including the iPhone smartphones, iPad tablet computers, Mac computers and Apple Watch smartwatches. As of 2020, the iPhone makes up the majority of Apple's total revenue. 

In addition, Apple offers its customers a variety of entertainment and payment services such as Apple Music, iCloud, Apple TV+, Apple Card and Apple Pay.

The company generates roughly 40% of its revenue from North and South America, with the remainder earned internationally.

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At the time of publishing, Apple trades at $127.88, and 78% of Benzinga traders and investors said Apple would reach $200 per share by the end of next year.

Traders and investors who participated in our study said shares of Apple will increase off heightened demand for consumer electronics post-pandemic, diversification of revenue streams by means of subscription services like Apple TV+ and Apple Arcade, as well as critical acclaim for the new M1 and M2 computer chips.

This survey was conducted by Benzinga in December 2020 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 300 adults.