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Apple (AAPL)
NASDAQ:AAPL
Apple (AAPL) Stock Price & Analysis
167,926 Followers
AAPL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$164.08 - $199.37
Previous Close$182.4
Volume20.58M
Average Volume (3M)64.42M
Market Cap
$2.80T
Enterprise Value$2.83T
Total Cash (Recent Filing)$67.15B
Total Debt (Recent Filing)$104.59B
Price to Earnings (P/E)28.3
Beta1.19
Next Earnings
Jul 24, 2024EPS Estimate
$1.33Next Dividend Ex-Date
May 10, 2024Dividend Yield0.53%
Share Statistics
EPS (TTM)6.43
Shares Outstanding15,334,082,000
10 Day Avg. Volume71,170,143
30 Day Avg. Volume64,416,827
Standard Deviation0.09
R-Squared0.60
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)38.22
Price to Sales (P/S)30.70
Price to Cash Flow (P/CF)17.70
P/FCF Ratio18.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.43
Enterprise Value/Gross Profit16.76
Enterprise Value/Ebitda26.14
Forecast
1Y Price Target
$204.39Price Target Upside12.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering32
Apple News
Bulls Say, Bears Say
Bulls Say
Financial StrategyBoard of Directors authorized an additional $110bn for share buybacks, the largest in company’s history.
Product LaunchApple has launched their next-gen iPad Pro / Air line-up with impressive new designs and the introduction of the M4 silicon chip, expected to draw significant investor interest.
Technological AdvancementApple's new 16-core Neural Engine in the M4 chips showcases a substantial leap in AI performance, reaching 38TOPS, compared to the previous generation's 15.8TOPS.
Bears Say
Competition And InnovationApple's initial build plan for the upcoming iPhone is revised lower, which suggests anticipated declines when compared to the previous iPhone cycle, possibly due to increased competition and lack of new features.
Market PerformanceGreater China sales decreased due to lower iPhone and iPad sales, indicating a significant downturn in one of Apple's key markets.
Product SalesIPhone revenues were down, falling short of analysts' expectations and raising concerns about the company's reliance on its flagship product.
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Ownership Overview
0.11% Insiders
16.00% Mutual Funds
20.78% Other Institutional Investors
63.11% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
The estimated number of people who visited one or more of the websites owned by Apple
Desktop Users
Mobile Users
AAPL FAQ
What was Apple’s price range in the past 12 months?
Apple lowest stock price was $164.07 and its highest was $199.37 in the past 12 months.
What is Apple’s market cap?
Currently, no data Available
When is Apple’s upcoming earnings report date?
Apple’s upcoming earnings report date is Jul 24, 2024 which is in 77 days.
How were Apple’s earnings last quarter?
Apple released its earnings results on May 02, 2024. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.505 by $0.025.
Is Apple overvalued?
According to Wall Street analysts Apple’s price is currently Undervalued.
Does Apple pay dividends?
Apple pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 0.53%. See more information on Apple dividends here
What is Apple’s EPS estimate?
Apple’s EPS estimate is $1.33.
How many shares outstanding does Apple have?
Apple has 15,334,082,000 shares outstanding.
What happened to Apple’s price movement after its last earnings report?
Apple reported an EPS of $1.53 in its last earnings report, beating expectations of $1.505. Following the earnings report the stock price went up 5.982%.
Which hedge fund is a major shareholder of Apple?
Among the largest hedge funds holding Apple’s share is Berkshire Hathaway Inc. It holds Apple’s shares valued at 174B.
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Apple Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$204.39 (12.09% Upside)
$204.39 (12.09% Upside)
Blogger Sentiment
Bullish
AAPL Sentiment 69%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 8.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $35.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Very Bullish
Bullish news 89%
Bearish news 11%
Bearish news 11%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.64%
12-Months-Change
Fundamentals
Return on Equity
147.25%
Trailing 12-Months
Asset Growth
1.58%
Trailing 12-Months
Company Description
Apple
Apple, Inc. designs, manufactures, and sells smartphones, personal computers, tablets, wearables and accessories. It also offers a range of related services. Its products include iPhone, Mac, iPad, Apple TV, Apple Watch, Beats products, HomePod and AirPods. The services segment is comprised of AppleCare, cloud services, digital content offerings like the App Store and other content services like Apple Arcade, Apple Music, Apple News+, Apple Fitness+ and Apple TV+, payment services such as Apple Card and Apple Pay as well as advertising and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA.
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AAPL Earnings Call
Q2 2024
0:00 / 0:00
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AAPL Stock 12 Month Forecast
Average Price Target
$204.39
▲(12.09% Upside)
Technical Analysis
Best Analysts Covering AAPL
1 Year
1 Year Success Rate
28/31 ratings generated profit
1 Year Average Return
+43.19%
assigned a buy rating 2 months ago
Copying Krish Sankar's trades and holding each position for 1 Year would result in 90.32% of your transactions generating a profit, with an average return of +43.19% per trade.
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