Research Analysts Issue Forecasts for Apple FY2025 Earnings

Key Points

• Wedbush analysts raised their FY2025 earnings estimate for Apple to $7.38 per share, up from a previous forecast of $6.90.
• As of now, Apple has a consensus target price of $237.25, based on ratings from multiple analysts, with a majority indicating a "Moderate Buy."
• Apple recently announced a quarterly dividend of $0.26 per share and initiated a stock repurchase plan authorizing the buyback of up to $100 billion in shares.

Apple Inc. (NASDAQ:AAPL - Free Report) - Wedbush boosted their FY2025 EPS estimates for shares of Apple in a report issued on Friday, August 1st. Wedbush analyst D. Ives now anticipates that the iPhone maker will post earnings per share of $7.38 for the year, up from their previous forecast of $6.90. Wedbush currently has a "Outperform" rating and a $270.00 price objective on the stock. The consensus estimate for Apple's current full-year earnings is $7.28 per share. Wedbush also issued estimates for Apple's Q1 2026 earnings at $2.44 EPS, Q2 2026 earnings at $1.78 EPS, Q3 2026 earnings at $1.72 EPS, Q4 2026 earnings at $1.90 EPS and FY2026 earnings at $7.85 EPS.

AAPL has been the topic of several other reports. Raymond James Financial reissued an "outperform" rating and set a $240.00 price target (up from $230.00) on shares of Apple in a research report on Friday. Evercore ISI lifted their target price on shares of Apple to $250.00 and gave the stock a "buy" rating in a research report on Friday, June 6th. UBS Group upped their target price on Apple from $210.00 to $220.00 and gave the stock a "neutral" rating in a research report on Friday. KeyCorp upgraded Apple from an "underweight" rating to a "sector weight" rating in a research note on Monday, April 14th. Finally, Barclays lifted their price objective on Apple from $173.00 to $180.00 and gave the company an "underweight" rating in a report on Friday. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Apple presently has a consensus rating of "Moderate Buy" and an average target price of $237.25.

Apple Trading Down 0.2%

Shares of AAPL traded down $0.43 during mid-day trading on Monday, hitting $202.92. The company had a trading volume of 42,600,367 shares, compared to its average volume of 51,378,212. The business's 50-day simple moving average is $205.53 and its 200-day simple moving average is $213.31. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 1.25. Apple has a 1-year low of $169.21 and a 1-year high of $260.10. The stock has a market cap of $3.01 trillion, a PE ratio of 30.79, a P/E/G ratio of 2.14 and a beta of 1.16.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, July 31st. The iPhone maker reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.14. Apple had a net margin of 24.30% and a return on equity of 170.91%. The business had revenue of $94.04 billion for the quarter, compared to analysts' expectations of $88.64 billion. During the same period last year, the company earned $1.40 earnings per share. The company's quarterly revenue was up 9.6% on a year-over-year basis.

Hedge Funds Weigh In On Apple

Several large investors have recently bought and sold shares of the company. Arrowroot Family Office LLC acquired a new stake in shares of Apple in the second quarter valued at about $3,480,000. Beckerman Institutional LLC increased its holdings in Apple by 1.9% during the 2nd quarter. Beckerman Institutional LLC now owns 5,474 shares of the iPhone maker's stock worth $1,123,000 after purchasing an additional 100 shares in the last quarter. Ring Mountain Capital LLC boosted its position in shares of Apple by 3.6% during the second quarter. Ring Mountain Capital LLC now owns 77,692 shares of the iPhone maker's stock valued at $16,407,000 after buying an additional 2,684 shares during the last quarter. Artemis Wealth Advisors LLC lifted its holdings in Apple by 2.4% during the second quarter. Artemis Wealth Advisors LLC now owns 39,684 shares of the iPhone maker's stock worth $8,142,000 after acquiring an additional 912 shares during the period. Finally, FWG Holdings LLC raised its stake in shares of Apple by 2.6% in the second quarter. FWG Holdings LLC now owns 19,258 shares of the iPhone maker's stock valued at $3,916,000 after buying an additional 497 shares during the period. 67.73% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Apple

In related news, insider Chris Kondo sold 4,486 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $208.19, for a total transaction of $933,940.34. Following the completion of the sale, the insider directly owned 15,533 shares in the company, valued at $3,233,815.27. This represents a 22.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.06% of the stock is currently owned by corporate insiders.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Investors of record on Monday, August 11th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, August 11th. Apple's dividend payout ratio is currently 15.78%.

Apple declared that its Board of Directors has authorized a stock buyback plan on Thursday, May 1st that authorizes the company to repurchase $100.00 billion in shares. This repurchase authorization authorizes the iPhone maker to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

About Apple

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 TV, Apple Watch, Beats products, and HomePod.