Can a Foldable iPhone Push Apple Stock to $400 by 2030?
Analysts see Apple shares rising to $337 in 12 months, with a foldable iPhone potentially driving the stock to $400 by 2029–2030.
Apple's stock could be headed meaningfully higher, according to analysts at 24/7 Wall St., who set a 12-month price target of $336.98 on shares of the Cupertino tech giant — representing roughly 9.4% upside from a recent price of $308.30. The firm rates Apple a BUY with a high-confidence rating of 90%, signaling strong conviction in the near-term thesis.
Beyond the next 12 months, the more ambitious milestone of $400 per share hinges on one closely watched product: a foldable iPhone. Analysts frame that target as a realistic possibility in the 2029 to 2030 timeframe, suggesting the foldable device would need to gain meaningful consumer traction before the market prices in that kind of valuation expansion.
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The foldable smartphone category has already seen aggressive moves from Samsung and other Android rivals, putting pressure on Apple to respond with its own form-factor innovation. A foldable iPhone, if executed with Apple's typical premium positioning, could open a new upgrade cycle and attract both existing iPhone users and consumers who have been eyeing foldables but prefer Apple's ecosystem — a combination that would likely carry significant revenue implications.
For now, the core BUY case rests on Apple's existing business strengths — its services segment growth, hardware loyalty, and capital return program — rather than speculative hardware launches. The $400 scenario is presented as an upside case dependent on product timing and market adoption, not a base-case forecast analysts expect the stock to hit in the near term.
Investors watching Apple will want to track any supply-chain signals or patent filings that could indicate when a foldable device might enter mass production. Continue reading at Yahoo.
