Apple: Dead Money For 3 More Years
- Apple has fallen 9% in the first year since the 4-year dead money call made in March 2022.
- The company has seen EPS estimates fall in the year due to weak demand for tech products.
- Analysts continue to promote aggressive price targets keeping the stock inflated at the current price of $150.
- Based on updated FY26 EPS targets, Apple has a maximum March 2026 valuation similar to the current price using a possibly aggressive P/E multiple of 20x.