Apple (AAPL) Stock Forecast, Price & News

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last twelve months. There are currently 8 hold ratings and 26 buy ratings 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.

34 analysts have issued 1-year price objectives for Apple's shares. Their AAPL share price forecasts range from $54.00 to $240.00. On average, they predict the company's share price to reach $200.54 in the next year. This suggests a possible upside of 16.3% 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 stock has increased by 32.7% and is now trading at $172.40.
View the best growth stocks for 2023 here.

Apple saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 107,330,000 shares, an increase of 5.1% from the August 31st total of 102,090,000 shares. Based on an average daily volume of 57,740,000 shares, the short-interest ratio is presently 1.9 days.
View Apple's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our AAPL earnings forecast.

Apple Inc. (NASDAQ:AAPL) released its quarterly earnings results on Thursday, August, 3rd. The iPhone maker reported $1.26 EPS for the quarter, beating the consensus estimate of $1.19 by $0.07. The iPhone maker had revenue of $81.80 billion for the quarter, compared to analysts' expectations of $81.79 billion. Apple had a trailing twelve-month return on equity of 164.92% and a net margin of 24.68%. The company's quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.20 EPS.
Read the conference call transcript.

Apple declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Monday, August 14th will be given a dividend of $0.24 per share on Thursday, August 17th. This represents a $0.96 annualized dividend and a yield of 0.56%. The ex-dividend date is Friday, August 11th.
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 (NASDAQ:AAPL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.56%. 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 16.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAPL will have a dividend payout ratio of 14.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAPL.

Apple's stock split on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly issued 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 has authorized a share buyback program on Thursday, May 4th 2023, which allows the company to buyback $90,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its shares are 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 trades on the NASDAQ under the ticker symbol "AAPL."

Apple's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.00%), Appleton Partners Inc. MA (0.00%), McAlister Sweet & Associates Inc. (0.00%) and Murphy Middleton Hinkle & Parker Inc. (0.00%). 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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One share of AAPL stock can currently be purchased for approximately $172.40.

Apple (NASDAQ:AAPL) has a market capitalization of $2.70 trillion and generates $394.33 billion in revenue each year. The iPhone maker earns $99.80 billion in net income (profit) each year or $5.95 on an earnings per share basis.

The company employs 164,000 workers across the globe.

Apple's mailing address is ONE APPLE PARK WAY, CUPERTINO CA, 95014. The official website for the company is www.apple.com. The iPhone maker can be reached via phone at (408) 996-1010, via email at tgala@apple.com, or via fax at 408-974-2483.