Apple (NASDAQ:AAPL) Stock Price Expected to Rise, Rosenblatt Securities Analyst Says

Key Points

• Rosenblatt Securities raised its price target on Apple to $276 from $268 while maintaining a "neutral" rating, implying roughly a 1.7% upside from the current share price.
• Apple beat Q2 expectations with $2.01 EPS and $111.18 billion in revenue, issued aggressive June‑quarter guidance, and announced an extra $100 billion in buybacks plus a dividend increase — factors driving recent stock strength.
• The street consensus remains a "Moderate Buy" with an average price target of $303.20, and several major firms have higher targets (around $325–$330) while institutional investors hold about 67.7% of shares.

Apple (NASDAQ:AAPL - Get Free Report) had its price target raised by equities researchers at Rosenblatt Securities from $268.00 to $276.00 in a report released on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the iPhone maker's stock. Rosenblatt Securities' price target indicates a potential upside of 1.71% from the company's current price.

Several other equities analysts have also issued reports on the company. Stifel Nicolaus set a $330.00 price target on Apple in a research note on Monday, March 2nd. TD Cowen reiterated a "buy" rating and issued a $325.00 price target on shares of Apple in a research note on Friday, January 30th. Evercore reiterated an "outperform" rating on shares of Apple in a research note on Monday, March 2nd. Sanford C. Bernstein reiterated an "outperform" rating on shares of Apple in a research note on Wednesday, March 4th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $330.00 price target (up from $315.00) on shares of Apple in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $303.20.

Apple Price Performance

Shares of NASDAQ AAPL opened at $271.35 on Friday. The stock has a market capitalization of $3.98 trillion, a PE ratio of 34.30, a P/E/G ratio of 2.46 and a beta of 1.11. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The business has a fifty day moving average price of $260.73 and a two-hundred day moving average price of $265.02. Apple has a fifty-two week low of $193.25 and a fifty-two week high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.09. The firm had revenue of $111.18 billion during the quarter, compared to analysts' expectations of $109.46 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The company's quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.65 EPS. As a group, equities analysts predict that Apple will post 8.52 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Kevan Parekh sold 1,534 shares of the business's stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the sale, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. The trade was a 10.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of the business's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the sale, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. This represents a 1.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 96,485 shares of company stock worth $24,594,845 in the last 90 days. Insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Apple

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Apple by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker's stock worth $387,749,545,000 after buying an additional 26,856,752 shares during the period. State Street Corp lifted its stake in shares of Apple by 1.1% in the 4th quarter. State Street Corp now owns 604,056,505 shares of the iPhone maker's stock valued at $164,218,801,000 after purchasing an additional 6,555,392 shares during the period. Geode Capital Management LLC lifted its stake in shares of Apple by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 358,032,517 shares of the iPhone maker's stock valued at $97,031,587,000 after purchasing an additional 1,866,103 shares during the period. Morgan Stanley lifted its stake in shares of Apple by 0.6% in the 4th quarter. Morgan Stanley now owns 230,483,035 shares of the iPhone maker's stock valued at $62,659,118,000 after purchasing an additional 1,379,651 shares during the period. Finally, Norges Bank acquired a new position in shares of Apple in the 4th quarter valued at about $52,266,468,000. Institutional investors own 67.73% of the company's stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Quarterly beat and aggressive June‑quarter guide — Apple reported Q2 revenue of ~$111.2B and EPS of $2.01, both above estimates, and gave June‑quarter revenue guidance well above Street expectations; that combination is the primary driver of the rally. Reuters: Apple sales beat expectations
• Positive Sentiment: Stronger guidance fuels optimism — multiple outlets report Apple’s June‑quarter sales guidance implies mid‑teens growth, well above consensus, which lifted sentiment and option activity. Blockonomi: Stock surges on guidance
• Positive Sentiment: Capital returns and dividend bump — Apple announced an added $100B to buybacks and raised the quarterly dividend to $0.27, which supports EPS per share and shareholder-friendly narrative.
• Positive Sentiment: China rebound — Greater China revenue climbed strongly (reported ~28% YoY), removing a major growth overhang and prompting some analysts to re-rate the name. Invezz: China's sales jumped
• Neutral Sentiment: CEO transition and management tone — Incoming CEO John Ternus joined the call and emphasized continuity (secrecy/trademark discipline); Wall Street reacted positively to the tone, but long‑term impact depends on execution. Fortune: New CEO will continue secrecy
• Neutral Sentiment: AI strategy still cautious — Management signaled a "wait‑and‑see" approach on big AI bets (personalized Siri referenced), which keeps optionality but leaves some investors wanting more detail on AI monetization timelines.
• Negative Sentiment: Memory‑chip cost squeeze — CEO Tim Cook warned of an intensifying memory crunch; rising component costs (and potential price or supply actions) could pressure margins and future profitability. CNBC: Tim Cook warns of memory crunch
• Negative Sentiment: Supply constraints — Management said demand outpaced supply in pockets (iPhone and Macs), which helped revenue but could cap near‑term unit growth and frustrate upside if shortages persist. Reuters: supply constraints noted
• Negative Sentiment: Regulatory/legal headlines — Ongoing friction with India’s competition authority adds geopolitical/regulatory risk that could affect growth or costs in a key market. Reuters: India antitrust spat

About Apple

Apple Inc NASDAQ: AAPL is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple's principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

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