NASDAQ:AAPL - Apple Stock Price, Forecast & News

Apple's stock was trading at $275.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AAPL stock has decreased by 10.1% and is now trading at $247.74. View which stocks have been mosted impacted by Coronavirus.

42 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 3 sell ratings, 10 hold ratings and 29 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Apple.

Apple is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Apple.

Apple Inc. (NASDAQ:AAPL) released its earnings results on Tuesday, January, 28th. The iPhone maker reported $4.99 EPS for the quarter, beating the Zacks' consensus estimate of $4.54 by $0.45. The iPhone maker earned $91.80 billion during the quarter, compared to analysts' expectations of $88.41 billion. Apple had a return on equity of 60.19% and a net margin of 21.49%. Apple's revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $4.18 earnings per share. View Apple's earnings history.

Apple announced a quarterly dividend on Tuesday, January 28th. Shareholders of record on Monday, February 10th will be given a dividend of $0.77 per share on Thursday, February 13th. This represents a $3.08 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, February 7th. View Apple's dividend history.

Shares of Apple split on Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly issued shares were issued to shareholders after the closing bell on Friday, June 6th 2014. An investor that had 100 shares of Apple stock prior to the split would have 700 shares after the split.

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

Apple issued an update on its second quarter 2020 After-Hours earnings guidance on Tuesday, January, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $63-67 billion, compared to the consensus revenue estimate of $62.45 billion.

42 Wall Street analysts have issued twelve-month price targets for Apple's stock. Their forecasts range from $155.00 to $370.00. On average, they anticipate Apple's share price to reach $300.20 in the next year. This suggests a possible upside of 21.2% from the stock's current price. View analysts' price targets for Apple.

Headlines about AAPL stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Apple earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the iPhone maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutApple.

Apple saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 38,427,900 shares, an increase of 32.5% from the February 27th total of 29,010,000 shares. Based on an average daily trading volume, of 63,426,000 shares, the short-interest ratio is presently 0.6 days. Currently, 0.9% of the company's stock are short sold. View Apple's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Apple investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Canopy Growth (CGC), Bank of America (BAC) and AT&T (T).

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

Apple's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (4.18%), FMR LLC (2.20%), Geode Capital Management LLC (1.43%), Norges Bank (1.07%), Wealth Quarterback LLC (0.86%) and Charles Schwab Investment Management Inc. (0.47%). Company insiders that own Apple stock include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, Daniel J Riccio, Deirdre O'brien, Jeffrey E Williams, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View institutional ownership trends for Apple.

AAPL stock was sold by a variety of institutional investors in the last quarter, including Magellan Asset Management Ltd, PGGM Investments, State Street Corp, Alliancebernstein L.P., FMR LLC, Swiss National Bank, Parnassus Investments CA, and Pacer Advisors Inc.. 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.

AAPL stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Wealth Quarterback LLC, Johanson Financial Advisors Inc., Amundi Pioneer Asset Management Inc., Jennison Associates LLC, Maplelane Capital LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, and Artemis Investment Management LLP. View insider buying and selling activity for 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.

One share of AAPL stock can currently be purchased for approximately $247.74.

Apple has a market capitalization of $1.08 trillion and generates $260.17 billion in revenue each year. The iPhone maker earns $55.26 billion in net income (profit) each year or $11.89 on an earnings per share basis. Apple employs 137,000 workers across the globe. View additional information about Apple.

The official website for Apple is http://www.apple.com/.

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]