Apple (AAPL) Stock Forecast, Price & News

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

33 analysts have issued 1-year price targets for Apple's shares. Their AAPL share price forecasts range from $54.00 to $205.00. On average, they predict the company's share price to reach $174.73 in the next twelve months. 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 start of the year. Since then, AAPL stock has increased by 38.6% and is now trading at $180.09.
View the best growth stocks for 2023 here.

Apple saw a drop in short interest in May. As of May 15th, there was short interest totaling 109,880,000 shares, a drop 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 short-interest 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) posted its quarterly earnings data on Thursday, May, 4th. The iPhone maker reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. The iPhone maker had revenue of $94.84 billion for the quarter, compared to the consensus estimate of $92.84 billion. Apple had a trailing twelve-month return on equity of 165.72% and a net margin of 24.49%. The company's revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period last year, the company earned $1.52 earnings per share.
Read the conference call transcript.

Apple announced a quarterly dividend on Thursday, May 4th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, May 12th. This is a boost 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 the morning of Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly created shares were distributed to shareholders after the market closes 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 announced that its board has initiated a stock repurchase plan on Thursday, May 4th 2023, which authorizes the company to repurchase $90,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.4% of its shares through open market purchases. Shares repurchase plans are generally 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 a variety of institutional and retail investors. Top institutional shareholders 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.