NASDAQ:AAPL - Apple Stock Price, Forecast & News

Apple's stock was trading at $275.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AAPL stock has decreased by 7.8% and is now trading at $253.8695. 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) posted its earnings results on Tuesday, January, 28th. The iPhone maker reported $4.99 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $4.54 by $0.45. The iPhone maker had revenue of $91.80 billion for the quarter, compared to analyst estimates of $88.41 billion. Apple had a net margin of 21.49% and a return on equity of 60.19%. The firm's revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter 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 paid a dividend of $0.77 per share on Thursday, February 13th. This represents a $3.08 annualized dividend and a yield of 1.21%. The ex-dividend date is Friday, February 7th. View Apple's dividend history.

Apple shares split before market open on Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly issued shares were payable 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 authorized a share buyback program 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 programs are often 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 12 month price targets for Apple's shares. Their forecasts range from $155.00 to $370.00. On average, they anticipate Apple's stock price to reach $300.20 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View analysts' price targets for Apple.

News coverage about AAPL stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Apple earned a news impact score of -1.0 on InfoTrie's scale. They also gave press coverage about the iPhone maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. 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 days-to-cover ratio is currently 0.6 days. Currently, 0.9% of the shares of the stock are sold short. View Apple's Current Options Chain.

Some companies that are related to Apple include Dell (DELL), HP (HPQ), NCR (NCR), Super Micro Computer (SMCI), 3D Systems (DDD), Stratasys (SSYS), 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."

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 $253.87.

Apple has a market capitalization of $1.11 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]