The AFB AAPL Price Target Index

Please see The AFB AAPL Price Target Index - February 2011 Edition posted February 15, 2011 


The AFB AAPL Price Target Index

The active members of the Apple Finance Board are best described as an assemblage of talented individuals with colorful personalities. They are outspoken, hardworking and focused on understanding everything there is to know about Apple and the company's financial performance.

As a service to the members of the AFB, a popular and well respected discussion board, I'm hosting the the AAPL price targets and share price forecasts developed by the members here at Posts At Eventide. As the host of the index and commentator on the members and their entires, I'll be publishing my price targets and forecasts in separate posts at Eventide. 

This index is the second in a series of polls soliciting the input of AFB members. The AFB AAPL FQ1 Estimate Index was published on January 1, 2011. 

The participants in this index represent a cross section of AFB members ranging from well known AAPL analysts Horace Dediu under his asymco moniker and Daniel Tello, commonly known as deagol, to long-time members macorange and ChasMac77, and members who have joined the discussion group within the past year such as Gregg Thurman. 


AFB members tend to be bullish and their expectations for near-term appreciation in Apple's share price is evidenced in the numbers. AAPL closed today at $341.64, following the iPhone on the Verizon network announcement and ahead of next Tuesday's release of the company's results for the December quarter. The average share price target for May 1, 2011 of $385 per share evidences expectations of a more than 12.5% rise in the share price between now and the first day of the month following the release of the March quarter results. The average target price for just over a year from now calls for a nearly 57% share price advance from today's closing price.


Comments on the index can be made at the bottom of this post and for registered members of the AFB in the topic created specifically for this discussion.  

Below are the average price targets and share price ranges for the 13 AFB members participating in the index by providing projections for the selected dates:

	AFB	Index	Averages
	Date	Low	High	Target
	May 1, 2011	345	411	385
	Aug 1, 2011	377	455	425
	Nov 1, 2011	425	510	475
	Feb 1, 2012	476	581	536

The AFB members participating in the index have differing views and present a number of different outlooks on Apple's share price performance over the next 12 months. 

The price targets and share price ranges from each AFB member participating in the index:

	Mav
	Date	Low	High	Target
	May 1, 2011	394	455	414
	Aug 1, 2011	445	514	468
	Nov 1, 2011	504	582	530
	Feb 1, 2012	571	659	601
	Tetrachloride
	Date	Low	High	Target
	May 1, 2011	331	370	360
	Aug 1, 2011	350	410	390
	Nov 1, 2011	390	450	420
	Feb 1, 2012	450	520	480
	asymco
	Date	Low	High	Target
	May 1, 2011	281	374	374
	Aug 1, 2011	295	393	393
	Nov 1, 2011	334	445	445
	Feb 1, 2012	353	470	470
	PurpleApple
	Date	Low	High	Target
	May 1, 2011	370	450	410
	Aug 1, 2011	415	510	460
	Nov 1, 2011	450	550	500
	Feb 1, 2012	500	600	550
	Elmar
	Date	Low	High	Target
	May 1, 2011	340	380	360
	Aug 1, 2011	360	420	390
	Nov 1, 2011	400	470	430
	Feb 1, 2012	450	530	475
	ChasMac77
	Date	Low	High	Target
	May 1, 2011	370	430	400
	Aug 1, 2011	420	490	455
	Nov 1, 2011	470	560	515
	Feb 1, 2012	550	700	625
	Gregg Thurman
	Date	Low	High	Target
	May 1, 2011	320	400	360
	Aug 1, 2011	360	450	405
	Nov 1, 2011	400	500	450
	Feb 1, 2012	470	570	520
	JohnG
	Date	Low	High	Target
	May 1, 2011	327	360	350
	Aug 1, 2011	335	400	375
	Nov 1, 2011	365	430	405
	Feb 1, 2012	400	495	465
	macorange
	Date	Low	High	Target
	May 1, 2011	350	390	370
	Aug 1, 2011	380	420	400
	Nov 1, 2011	430	470	450
	Feb 1, 2012	480	520	500
	JDSoCal
	Date	Low	High	Target
	May 1, 2011	349	460	399
	Aug 1, 2011	350	485	439
	Nov 1, 2011	440	550	499
	Feb 1, 2012	499	630	555
	snoozzzer
	Date	Low	High	Target
	May 1, 2011	330	399	380
	Aug 1, 2011	380	430	420
	Nov 1, 2011	420	480	460
	Feb 1, 2012	460	540	520
	Apple II+
	Date	Low	High	Target
	May 1, 2011	364	475	444
	Aug 1, 2011	408	533	499
	Nov 1, 2011	467	609	570
	Feb 1, 2012	511	668	625
	deagol
	Date	Low	High	Target
	May 1, 2011	360	400	380
	Aug 1, 2011	400	460	430
	Nov 1, 2011	450	540	500
	Feb 1, 2012	500	650	580

Robert Paul Leitao


Index updated 01/12/11 to include deagol's forecasts and target prices.