Apple Stock Price, News & Analysis (NASDAQ:AAPL)

35 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last twelve months. There are currently 9 hold ratings, 25 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AAPL shares.
View AAPL analyst ratings or view top-rated stocks.

35 Wall Street analysts have issued 12-month target prices for Apple's stock. Their AAPL share price targets range from $54.00 to $240.00. On average, they predict the company's share price to reach $198.25 in the next year. This suggests a possible upside of 4.4% from the stock's current price.
View analysts price targets for AAPL or view top-rated stocks among Wall Street analysts.

Apple's stock was trading at $129.93 at the beginning of the year. Since then, AAPL shares have increased by 46.2% and is now trading at $189.95.
View the best growth stocks for 2023 here.

Apple saw a increase in short interest in November. As of November 15th, there was short interest totaling 105,840,000 shares, an increase of 7.8% from the October 31st total of 98,190,000 shares. Based on an average daily trading volume, of 57,920,000 shares, the short-interest ratio is currently 1.8 days.
View Apple's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our AAPL earnings forecast.

Apple Inc. (NASDAQ:AAPL) issued its quarterly earnings data on Thursday, November, 2nd. The iPhone maker reported $1.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.39 by $0.07. The iPhone maker had revenue of $89.50 billion for the quarter, compared to analyst estimates of $89.34 billion. Apple had a net margin of 25.31% and a trailing twelve-month return on equity of 160.78%. The business's revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.29 EPS.
Read the conference call transcript.

Apple announced a quarterly dividend on Thursday, November 2nd. Shareholders of record on Monday, November 13th will be paid a dividend of $0.24 per share on Thursday, November 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date is Friday, November 10th.
Read our dividend analysis for AAPL.

Apple (NASDAQ:AAPL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.50%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 15.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAPL will have a dividend payout ratio of 13.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAPL.

ETFs with the largest weight of Apple (NASDAQ:AAPL) stock in their portfolio include Technology Select Sector SPDR Fund (XLK), Vanguard Information Technology ETF (VGT), Fidelity MSCI Information Technology Index ETF (FTEC), iShares Global Tech ETF (IXN), iShares U.S. Technology ETF (IYW), Direxion Daily Technology Bull 3X Shares (TECL), Vanguard Mega Cap Growth ETF (MGK) and Direxion AAPL Bull 1.5X Shares (AAPU).

Apple shares split on the morning of Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly minted shares were payable to shareholders after the closing bell on Friday, August 28th 2020. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Apple declared that its Board of Directors has initiated a stock repurchase program on Thursday, May 4th 2023, which permits the company to repurchase $90,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

11,001 employees have rated Apple Chief Executive Officer Tim Cook on Glassdoor.com. Tim Cook has an approval rating of 94% among the company's employees. This puts Tim Cook in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Apple investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Micron Technology (MU), Netflix (NFLX), General Electric (GE), Walt Disney (DIS), Advanced Micro Devices (AMD), AT&T (T) and Boeing (BA).

Apple's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (1.92%), Morgan Stanley (1.33%), Northern Trust Corp (1.09%), Legal & General Group Plc (0.72%), Charles Schwab Investment Management Inc. (0.53%) and Swiss National Bank (0.33%). Insiders that own company stock include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Jeffrey E Williams, Katherine L Adams, Katherine L Adams, Luca Maestri and Timothy D Cook.
View institutional ownership trends.

Shares of AAPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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