NASDAQ:AAPL - Apple Stock Price, Forecast & News

Apple's stock was trading at $275.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AAPL shares have 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 quarterly earnings data on Tuesday, January, 28th. The iPhone maker reported $4.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.54 by $0.45. The iPhone maker earned $91.80 billion during the quarter, compared to analyst estimates of $88.41 billion. Apple had a return on equity of 60.19% and a net margin of 21.49%. The company's quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the company earned $4.18 earnings per share. View Apple's earnings history.

Apple announced a quarterly dividend on Tuesday, January 28th. Investors 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 is Friday, February 7th. View Apple's dividend history.

Apple shares split on Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly created shares were distributed to shareholders after the market closes 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 announced that its board has authorized a stock repurchase program on Tuesday, April 30th 2019, which authorizes the company to repurchase $75,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Apple updated 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 analysts have issued 1 year target prices for Apple's stock. Their forecasts range from $155.00 to $370.00. On average, they anticipate Apple's share price to reach $301.33 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for Apple.

Media coverage about AAPL stock has trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Apple earned a news impact score of -3.0 on InfoTrie's scale. They also assigned headlines 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 term. View the latest news aboutApple.

Apple saw a increase in short interest in 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 currently 0.6 days. Approximately 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), Diebold Nixdorf (DBD), Avid Technology (AVID) 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 number 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]