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Apple (AAPL)
NASDAQ:AAPL
Apple (AAPL) Stock Price & Analysis
169,043 Followers
AAPL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$163.85 - $199.10
Previous Close$186.28
Volume31.20M
Average Volume (3M)64.73M
Market Cap
$2.87T
Enterprise Value$2.89T
Total Cash (Recent Filing)$67.15B
Total Debt (Recent Filing)$104.59B
Price to Earnings (P/E)29.0
Beta1.18
Next Earnings
Jul 24, 2024EPS Estimate
$1.33Last Dividend Ex-Date
May 10, 2024Dividend Yield0.52%
Share Statistics
EPS (TTM)6.43
Shares Outstanding15,334,082,000
10 Day Avg. Volume74,064,864
30 Day Avg. Volume64,730,036
Standard Deviation0.09
R-Squared0.60
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)37.83
Price to Sales (P/S)30.93
Price to Cash Flow (P/CF)30.90
P/FCF Ratio33.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.58
Enterprise Value/Gross Profit17.11
Enterprise Value/Ebitda26.69
Forecast
1Y Price Target
$203.44Price Target Upside8.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering32
Apple News
Bulls Say, Bears Say
Bulls Say
Artificial IntelligenceThe new iPad features like visual look up, live text, and subject lift in iPadOS, highlight Apple's focus on integrating AI into user experiences.
Product LaunchApple has launched their next-gen iPad Pro / Air line-up with new designs, including a much thinner iPad Pro and the introduction of the new M4 silicon, indicating continuous innovation and product improvement.
Technological AdvancementThe new M4 silicon chips are a significant upgrade with 50% faster CPU and 4x faster GPU performance compared to the previous generation, highlighting Apple's technological advancements.
Bears Say
Geopolitical And Economic RisksRegulatory headwinds persist, geopolitical risks continue, and the economic outlook is challenging.
Market Segment PerformanceIn China, gaming revenue has declined, suggesting potential challenges in a key segment of the market.
Product SalesIPhone sales were down 10.5% y/y, inline with consensus, which raises concerns about the company's reliance on its flagship product.
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Ownership Overview
0.11% Insiders
15.99% Mutual Funds
24.03% Other Institutional Investors
59.86% 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 $163.85 and its highest was $199.09 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 71 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 0.52%. 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 5.978%.
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:
$203.44 (8.59% Upside)
$203.44 (8.59% 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 ▼ 0.7%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Bullish
Bullish news 62%
Bearish news 38%
Bearish news 38%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.51%
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 Net sales Breakdown
52.33% iPhone
22.23% Services
10.40% Wearables, Home and Accessories
7.66% Mac
7.38% iPad
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AAPL Stock 12 Month Forecast
Average Price Target
$203.44
▲(8.59% Upside)
Technical Analysis
Best Analysts Covering AAPL
1 Year
1 Year Success Rate
34/37 ratings generated profit
1 Year Average Return
+34.74%
reiterated a buy rating 13 days ago
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