NASDAQ:AAPL

Apple Stock Forecast, Price & News

Followed 729 Times

$131.94

+4.11 (+3.22 %)

(As of 01/20/2021 01:10 PM ET)

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Today's Range

$128.46

Now: $131.94▼

$132.25

50-Day Range

$121.78

MA: $128.12▼

$136.69

52-Week Range

$53.15

Now: $131.94▼

$138.79

Volume3.78 million shs

Average Volume107.64 million shs

Market Capitalization$2.22 trillion

P/E Ratio40.47

Dividend Yield0.64%

Beta1.28

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 AppleCare support services; cloud services store services; and operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. 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. 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.

MarketRank^™

Overall MarketRank^™

2.24 out of 5 stars

Computer And Technology Sector

19th out of 1,517 stocks

Electronic Computers Industry

1st out of 13 stocks

2.3 Analyst's Opinion

Consensus Rating
Apple has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 26 buy ratings, 14 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $119.52, Apple has a forecasted downside of 9.4% from its current price of $131.87.
Amount of Analyst Coverage
Apple has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.7 Community Rank

Outperform Votes
Apple has received 6,962 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Apple has received 2,532 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Apple has received 73.33% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Apple and other stocks. Vote “Outperform” if you believe AAPL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AAPL will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Apple has a dividend yield of 0.64%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Apple has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Apple is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Apple will have a dividend payout ratio of 18.72% next year. This indicates that Apple will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Apple insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,877,140.00 in company stock.
Percentage Held by Insiders
Only 0.06% of the stock of Apple is held by insiders.
Percentage Held by Institutions
57.77% of the stock of Apple is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Apple are expected to grow by 8.68% in the coming year, from $4.03 to $4.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Apple is 40.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Apple is 40.45, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 83.50.
Price to Earnings Growth Ratio
Apple has a PEG Ratio of 2.75. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Apple has a P/B Ratio of 34.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees147,000

Debt

Debt-to-Equity Ratio1.51

Current Ratio1.36

Quick Ratio1.33

Price-To-Earnings

Trailing P/E Ratio40.47

Forward P/E Ratio32.74

P/E Growth2.75

Sales & Book Value

Annual Sales$274.52 billion

Price / Sales8.09

Cash Flow$4.18 per share

Price / Cash Flow31.57

Book Value$3.84 per share

Price / Book34.36

Profitability

EPS (Most Recent Fiscal Year)$3.28

Net Income$57.41 billion

Net Margins20.91%

Return on Equity75.15%

Return on Assets17.63%

Miscellaneous

Outstanding Shares16,823,264,000

Market Cap$2.22 trillion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$131.94

+4.11 (+3.22 %)

(As of 01/20/2021 01:10 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Apple (NASDAQ:AAPL) Frequently Asked Questions

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

Apple's stock was trading at $68.8575 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AAPL shares have increased by 91.4% and is now trading at $131.79.
View which stocks have been most impacted by COVID-19.

Is Apple a buy right now?

43 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last twelve months. There are currently 3 sell ratings, 14 hold ratings and 26 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Apple stock.
View analyst ratings for Apple or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Apple?

Wall Street analysts have given Apple a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Apple wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Apple's next earnings date?

Apple is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Apple.

How can I listen to Apple's earnings call?

Apple will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) announced its quarterly earnings results on Tuesday, November, 3rd. The iPhone maker reported $0.73 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.03. The iPhone maker earned $64.70 billion during the quarter, compared to the consensus estimate of $63.33 billion. Apple had a net margin of 20.91% and a return on equity of 75.15%. The company's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.03 EPS.
View Apple's earnings history.

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

Apple announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Monday, November 9th will be given a dividend of $0.205 per share on Thursday, November 12th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Friday, November 6th.
View Apple's dividend history.

Is Apple a good dividend stock?

Apple pays an annual dividend of $0.82 per share and currently has a dividend yield of 0.64%. Apple has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Apple is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Apple will have a dividend payout ratio of 18.72% next year. This indicates that Apple will be able to sustain or increase its dividend.
View Apple's dividend history.

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

Apple's stock split on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly issued 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 has initiated a share buyback plan on Tuesday, April 30th 2019, which allows the company to repurchase $75,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

What price target have analysts set for AAPL?

43 brokers have issued 12 month target prices for Apple's stock. Their forecasts range from $60.00 to $160.00. On average, they anticipate Apple's stock price to reach $119.52 in the next twelve months. This suggests that the stock has a possible downside of 9.3%.
View analysts' price targets for Apple or view Wall Street analyst' top-rated stocks.

What are Wall Street analysts saying about Apple stock?

Here are some recent quotes from research analysts about Apple stock:

1. Fundamental Research analysts commented, "Fundamental Research Corp has issued a report entitled “Apple Inc. (NASDAQ: AAPL) FY2020 EPS Missed Our Estimate by 0.04%” and dated October 30, 2020. The full report is now at www.researchfrc.com." (10/30/2020)
2. 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)
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)

Who are some of Apple's key competitors?

Some companies that are related to Apple include Dell Technologies (DELL), HP (HPQ), NCR (NCR), 3D Systems (DDD), Stratasys (SSYS), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN).
View all of AAPL's 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)
Mr. Chris Kondo, Sr. Director of Corp. Accounting
Mr. James Wilson, Chief Technology Officer
Ms. Mary Demby, Chief Information Officer
Ms. Nancy Paxton, Sr. Director of Investor Relations & Treasury
Mr. Greg Joswiak, Sr. VP of Worldwide Marketing

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 many different retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.03%), DNB Asset Management AS (0.02%), Boston Trust Walden Corp (0.02%), State of Alaska Department of Revenue (0.02%), Huntington National Bank (0.02%) and Atalanta Sosnoff Capital LLC (0.01%). Company insiders that own Apple stock include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Katherine L Adams, 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 Westside Investment Management Inc., Hexavest Inc., Gateway Investment Advisers LLC, Sarasin & Partners LLP, Intelligence Driven Advisers LLC, State of Alaska Department of Revenue, Atalanta Sosnoff Capital LLC, and Transform Wealth 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, Katherine L Adams, Luca Maestri, and Timothy D Cook.
View insider buying and selling activity for Apple or view top insider-selling stocks.

Which institutional investors are buying Apple stock?

AAPL stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, IFM Investors Pty Ltd, Journey Advisory Group LLC, Verde Servicos Internacionais S.A., Miracle Mile Advisors LLC, Solitude Financial Services, Oak Harvest Investment Services, and Founders Capital Management.
View insider buying and selling activity for Apple or or view top insider-buying stocks.

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 WeBull, 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 $131.79.

How big of a company is Apple?

Apple has a market capitalization of $2.22 trillion and generates $274.52 billion in revenue each year. The iPhone maker earns $57.41 billion in net income (profit) each year or $3.28 on an earnings per share basis. Apple employs 147,000 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 1/20/2021 by MarketBeat.com Staff

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