Apple (AAPL) Stock Forecast, Price & News

33 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 2 sell ratings, 5 hold ratings and 26 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AAPL shares.
View AAPL analyst ratings or view top-rated stocks.

33 equities research analysts have issued 1-year price objectives for Apple's stock. Their AAPL share price forecasts range from $54.00 to $205.00. On average, they anticipate the company's stock price to reach $174.73 in the next year. This suggests that the stock has a possible downside of 3.0%.
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 38.6% and is now trading at $180.09.
View the best growth stocks for 2023 here.

Apple saw a decline in short interest in May. As of May 15th, there was short interest totaling 109,880,000 shares, a decline of 11.9% from the April 30th total of 124,660,000 shares. Based on an average daily trading volume, of 57,900,000 shares, the days-to-cover ratio is currently 1.9 days.
View Apple's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our AAPL earnings forecast.

Apple Inc. (NASDAQ:AAPL) issued its quarterly earnings results on Thursday, May, 4th. The iPhone maker reported $1.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.08. The iPhone maker earned $94.84 billion during the quarter, compared to analyst estimates of $92.84 billion. Apple had a net margin of 24.49% and a trailing twelve-month return on equity of 165.72%. The business's revenue was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.52 EPS.
Read the conference call transcript.

Apple declared a quarterly dividend on Thursday, May 4th. Investors of record on Monday, May 15th will be paid a dividend of $0.24 per share on Thursday, May 18th. This represents a $0.96 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Friday, May 12th. This is a positive change from the stock's previous quarterly dividend of $0.23.
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), Fidelity MSCI Information Technology Index ETF (FTEC), Vanguard Information Technology ETF (VGT), iShares Global Tech ETF (IXN), iShares U.S. Technology ETF (IYW), Direxion AAPL Bull 1.5X Shares (AAPU), ProShares Ultra Technology (ROM) and Direxion Daily Technology Bull 3X Shares (TECL).

Apple (NASDAQ:AAPL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.55%. 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 16.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAPL will have a dividend payout ratio of 14.46% 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 minted shares were issued 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 initiated a stock repurchase 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 repurchase up to 3.4% of its shares through open market purchases. Shares buyback 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 trades on the NASDAQ under the ticker symbol "AAPL."

Apple's stock is owned by many different institutional and retail investors. Top institutional investors include Berkshire Hathaway Inc (5.82%), State Street Corp (3.66%), FMR LLC (1.97%), Geode Capital Management LLC (1.81%), Price T Rowe Associates Inc. MD (1.49%) and Bank of New York Mellon Corp (0.82%). 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 $180.09.

Apple (NASDAQ:AAPL) has a market capitalization of $2.83 trillion and generates $385.10 billion in revenue each year. The iPhone maker earns $99.80 billion in net income (profit) each year or $5.89 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.