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NASDAQ:AAPL

Apple Stock Forecast, Price & News

Trending Stocks   Most-Upgraded Stocks  
$108.86
-6.46 (-5.60 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$107.72
Now: $108.86▼
$111.99
50-Day Range
$106.84
MA: $114.45▼
$124.40
52-Week Range
$53.15
Now: $108.86▼
$137.98
Volume180.59 million shs
Average Volume127.93 million shs
Market Capitalization$1.89 trillion
P/E Ratio33.39
Dividend Yield0.74%
Beta1.31
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. 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, HomePod, iPod touch, and other Apple-branded and third-party accessories. It also provides digital content stores and streaming services; AppleCare support services; and iCloud, a cloud service, which stores music, photos, contacts, calendars, mail, documents, and others. In addition, the company offers various service, such as Apple Arcade, a game subscription service; Apple Card, a co-branded credit card; Apple News+, a subscription news and magazine service; and Apple Pay, a cashless payment service, as well as licenses its intellectual property, and provides other related services. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It sells and delivers third-party applications for its products through the App Store, Mac App Store, and Watch App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.
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Beat the Market (BTM) Rank™

Analyst Opinion: 2.3Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.14 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Electronic computers
Sub-IndustryComputer Hardware
SectorComputer and Technology
Current SymbolNASDAQ:AAPL
Previous Symbol
CUSIP03783310
CIK320193
Webwww.apple.com
Phone408-996-1010
Employees137,000

Debt

Debt-to-Equity Ratio1.30
Current Ratio1.47
Quick Ratio1.43

Price-To-Earnings

Trailing P/E Ratio33.39
Forward P/E Ratio27.01
P/E Growth2.51

Sales & Book Value

Annual Sales$260.17 billion
Price / Sales7.25
Cash Flow$3.73 per share
Price / Cash Flow29.15
Book Value$5.09 per share
Price / Book21.39

Profitability

EPS (Most Recent Fiscal Year)$3.28
Net Income$55.26 billion
Net Margins21.33%
Return on Equity70.66%
Return on Assets17.75%

Miscellaneous

Outstanding Shares17,337,340,000
Market Cap$1.89 trillion
Next Earnings Date1/26/2021 (Estimated)
OptionableOptionable
$108.86
-6.46 (-5.60 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Apple (NASDAQ:AAPL) Frequently Asked Questions

How has Apple's stock been impacted by Coronavirus (COVID-19)?

Apple's stock was trading at $68.8575 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AAPL shares have increased by 58.1% and is now trading at $108.86.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Apple?

45 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 3 sell ratings, 15 hold ratings and 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Apple.

When is Apple's next earnings date?

Apple is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Apple.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) released its quarterly earnings data on Monday, November, 2nd. The iPhone maker reported $0.73 EPS for the quarter, topping the consensus estimate of $0.70 by $0.03. The iPhone maker earned $64.70 billion during the quarter, compared to analysts' expectations of $63.33 billion. Apple had a return on equity of 70.66% and a net margin of 21.33%. The business's revenue was up 1.0% compared to the same quarter last year. During the same period last year, the company posted $3.03 earnings per share.
View Apple's earnings history.

How often does Apple pay dividends? What is the dividend yield for Apple?

Apple declared a quarterly dividend on Thursday, October 29th. Stockholders of record on Monday, November 9th will be paid a dividend of $0.205 per share on Thursday, November 12th. This represents a $0.82 annualized dividend and a dividend yield of 0.75%.
View Apple's dividend history.

When did Apple's stock split? How did Apple's stock split work?

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 issued to shareholders after the market closes on Friday, August 28th 2020. An investor that had 100 shares of Apple stock prior to the split would have 400 shares after the split.

How will Apple's stock buyback program work?

Apple declared that its Board of Directors has initiated a share buyback plan on Tuesday, April 30th 2019, which permits the company to repurchase $75,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

What price target have analysts set for AAPL?

45 Wall Street analysts have issued 1 year price objectives for Apple's stock. Their forecasts range from $47.50 to $150.00. On average, they anticipate Apple's stock price to reach $111.45 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for Apple.

What are Wall Street analysts saying about Apple stock?

Here are some recent quotes from research analysts about Apple stock:
  • 1. According to Zacks Investment Research, "Apple shares have outperformed the S&P 500 year to date. The company is benefiting from continued momentum in the Services segment, driven by a robust performance of App Store, Apple Music, video, and cloud services. Moreover, Apple devices also continued to gain traction among enterprises, particularly healthcare providers. The company expects fiscal fourth-quarter iPhone sales to benefit from strong demand for iPhone SE. Further, Apple stated that sale of new iPhones will begin a few weeks later against the usual late September. It also expects iPad and Mac to post strong year-over-year growth but lower economic activity will hurt AppleCare and advertising businesses. Moreover, increasing scrutiny and legal woes over App Store is a headwind. The company didn’t provide any guidance due to the pandemic-triggered uncertainty." (9/29/2020)
  • 2. Fundamental Research analysts commented, "Fundamental Research Corp has issued a report entitled “Apple Inc. (NASDAQ: AAPL) Robust Product Sales Amid Work From Home Trend Drive Q3 Earnings; Downgrading ” and dated August 5, 2020. The full report is now at www.researchfrc.com.

    We are removing Apple from our Top Picks list.
    " (8/11/2020)
  • 3. The Goldman Sachs Group, Inc. analysts commented, "NEW YORK (dpa-AFX Analyser) – Die US-Investmentbank Goldman Sachs hat Apple von Neutral" auf Sell" abgestuft und das Kursziel von 250 auf 233 US-Dollar gesenkt. Die Auswirkungen der Corona-Krise auf die allgemeine Wirtschaft und einige Endmarkte von Technologieunternehmen seien betrachtlich, schrieb Analyst Rod Hall in einer am Freitag vorliegenden Studie zur Branche. Er reduzierte die Prognose fur die im kommenden Jahr abgesetzten iPhones um sieben Prozent./bek/ag Veroffentlichung der Original-Studie: 16.04.2020 / 22:12 / PDT Erstmalige Weitergabe der Original-Studie: Datum in Studie nicht angegeben / Uhrzeit in Studie nicht angegeben / Zeitzone in Studie nicht angegeben Hinweis: Informationen zur Offenlegungspflicht bei Interessenkonflikten im Sinne von § 85 Abs. 1 WpHG, Art. 20 VO (EU) 596/2014 fur das genannte Analysten-Haus finden Sie unter http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html." (4/17/2020)
  • 4. JPMorgan Chase & Co. analysts commented, "NEW YORK (dpa-AFX Analyser) – Die US-Bank JPMorgan hat das Kursziel fur Apple von 350 auf 335 US-Dollar gesenkt und die Einstufung auf Overweight" belassen. Angesichts der Beschrankungen in den Apple-Filialen seien die Erwartungen an den Absatz im zweiten und tendenziell auch im dritten Quartal gesunken, schrieb Analyst Samik Chatterjee in einer am Mittwoch vorliegenden Studie. Entsprechend deutlich habe er seine Umsatzerwartungen fur das zweite Quartal gesenkt. Das Online-Geschaft durfte die Ausfalle im Filialhandel nicht ganzlich ausgleichen./mf/bek Veroffentlichung der Original-Studie: 08.04.2020 / 02:31 / BST Erstmalige Weitergabe der Original-Studie: 08.04.2020 / 02:32 / BST Hinweis: Informationen zur Offenlegungspflicht bei Interessenkonflikten im Sinne von § 85 Abs. 1 WpHG, Art. 20 VO (EU) 596/2014 fur das genannte Analysten-Haus finden Sie unter http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html." (4/8/2020)

Has Apple been receiving favorable news coverage?

Press coverage about AAPL stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apple earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news stories about the iPhone maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
View the latest news about Apple.

Are investors shorting Apple?

Apple saw a increase in short interest in September. As of September 15th, there was short interest totaling 90,220,000 shares, an increase of 13.2% from the August 31st total of 79,680,000 shares. Based on an average daily volume of 173,110,000 shares, the short-interest ratio is presently 0.5 days.
View Apple's Short Interest.

Who are some of Apple's key competitors?

Some companies that are related to Apple include Dell (DELL), HP (HPQ), NCR (NCR), Super Micro Computer (SMCI), Stratasys (SSYS), 3D Systems (DDD), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).
View all competitors.

What other stocks do shareholders of Apple own?

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), The Walt Disney (DIS), Advanced Micro Devices (AMD), AT&T (T) and The Boeing (BA).

Who are Apple's key executives?

Apple's management team includes the following people:
  • Mr. Timothy D. Cook, CEO & Director (Age 59, Pay $11.56M)
  • Mr. Luca Maestri, CFO & Sr. VP (Age 56, Pay $3.58M)
  • Mr. Jeffrey E. Williams, Chief Operating Officer (Age 56, Pay $3.57M)
  • Ms. Katherine L. Adams, Sr. VP, Gen. Counsel & Sec. (Age 56, Pay $3.6M)
  • Ms. Deirdre O'Brien, Sr. VP of People & Retail (Age 53, Pay $2.69M)

What is Apple's stock symbol?

Apple trades on the NASDAQ under the ticker symbol "AAPL."

Who are Apple's major shareholders?

Apple's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.08%), Standard Life Aberdeen plc (0.07%), State of New Jersey Common Pension Fund D (0.07%), Retirement Systems of Alabama (0.05%), Toronto Dominion Bank (0.05%) and Keybank National Association OH (0.04%). Company insiders that own Apple stock include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Luca Maestri and Timothy D Cook.
View institutional ownership trends for Apple.

Which institutional investors are selling Apple stock?

AAPL stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Nexus Investment Management ULC, Private Ocean LLC, Empirical Finance LLC, Hanseatic Management Services Inc., Centric Wealth Management, and Ocean Endowment Partners LLC. Company insiders that have sold Apple company stock in the last year include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Luca Maestri, and Timothy D Cook.
View insider buying and selling activity for Apple.

Which institutional investors are buying Apple stock?

AAPL stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Standard Life Aberdeen plc, State of New Jersey Common Pension Fund D, Retirement Systems of Alabama, Toronto Dominion Bank, Keybank National Association OH, Envestnet Asset Management Inc., and Nisa Investment Advisors LLC.
View insider buying and selling activity for Apple.

How do I buy shares of Apple?

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

What is Apple's stock price today?

One share of AAPL stock can currently be purchased for approximately $108.86.

How big of a company is Apple?

Apple has a market capitalization of $1.89 trillion and generates $260.17 billion in revenue each year. The iPhone maker earns $55.26 billion in net income (profit) each year or $3.28 on an earnings per share basis. Apple employs 137,000 workers across the globe.

What is Apple's official website?

The official website for Apple is www.apple.com.

How can I contact Apple?

Apple's mailing address is ONE APPLE PARK WAY, CUPERTINO CA, 95014. The iPhone maker can be reached via phone at 408-996-1010 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff
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