Some of the stalwart stocks of the Dow Jones Industrial Average are expected to have meager or even negative returns in the new year, according to Wall Street analysts. These are the Dow stocks with average price targets from Wall Street analysts that point to a gain of less than 5% over the next 12 months, according to the CNBC Pro screening tool . The list includes several of the biggest stocks in the Dow, including tech giant Apple . Wall Street analysts project that the iPhone maker will actually decline 3.3% over the next 12 months. Apple still has a buy or strong buy rating from the majority of the analysts that cover the stock, but after a 34% rally in 2024, there may be limited upside from here. And it’s not just tech stocks where Wall Street analysts struggle to see further gains. American Express and Goldman Sachs both made the list after year to date gains of 62% and 51%, respectively. The pair of financial stocks soared after the November election, with the idea being that they could benefit from lighter regulation under the administration of President-elect Trump. The tepid outlook from Wall Street analysts suggests there’s concern that the benefit of the election is already priced in to their share prices. Of course, analysts could change their minds and hike the price targets on these hot stocks. For example, Wedbush analyst Dan Ives pushed his Apple price target to $325 from $300 on Thursday, saying that “a golden era of growth for Cupertino is now on the horizon in to 2025,” referring to Apple’s headquarters location. Ives’ change is not represented in the screen above, which is as of Dec. 20. One stock that made the screen that struggled in 2024 is Boeing , which is down 31% in 2024. The beleaguered aerospace manufacturer brought in outsider CEO Kelly Ortberg in August, but he had to contend with a machinists strike shortly after taking the job. None of the stocks are among the preliminary ” Dogs of the Dow ,” a group of Dow stocks that have the highest dividend yield, for 2025.
