Stock Valuation / AAPL

Is Apple Inc. (AAPL) Overvalued? Fair Value & 5-Year Target

Apple Inc. trades at $341.27 (P/E 39.18). Our reference model estimates a fair value of $191.21 at its recent average P/E of 21.95.

Current price$341.27
Current EPS$8.71
Current P/E39.18
Average P/E21.95
Fair value (at avg P/E)$191.21
Upside to fair value-44.0%
Illustrative 5-yr target (25× P/E, 15% growth)$437.97

What drives AAPL's valuation

Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.

About Apple Inc.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allows customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising serv

Frequently asked questions

What is AAPL's fair value?

At its recent average P/E of 21.95, Apple Inc. (AAPL) has a reference fair value of about $191.21, which is -44.0% versus the current price of $341.27.

Is Apple Inc. (AAPL) overvalued or undervalued?

Based on the average-P/E reference model, Apple Inc. looks overvalued relative to fair value by roughly +44.0%. This is a model output, not investment advice — change the P/E and growth assumptions in the dashboard for your own view.

What is a 5-year price target for AAPL?

Under an illustrative model of 25× P/E and 15% annual EPS growth, the implied 5-year target is $437.97. Adjust both inputs on the interactive page to match your assumptions.

Open the interactive AAPL valuation dashboard →

Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.