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Apple (AAPL)
NASDAQ:AAPL
Apple (AAPL) Stock Price & Analysis
182,447 Followers
AAPL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$163.85 - $221.55
Previous Close$221.55
Volume37.37M
Average Volume (3M)68.80M
Market Cap
$3.38T
Enterprise Value$3.42T
Total Cash (Recent Filing)$67.15B
Total Debt (Recent Filing)$104.59B
Price to Earnings (P/E)34.5
Beta1.18
Next Earnings
Jul 24, 2024EPS Estimate
$1.33Last Dividend Ex-Date
May 10, 2024Dividend Yield0.44%
Share Statistics
EPS (TTM)6.43
Shares Outstanding15,334,082,000
10 Day Avg. Volume119,016,458
30 Day Avg. Volume68,800,468
Standard Deviation0.09
R-Squared0.59
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)42.88
Price to Sales (P/S)8.30
Price to Cash Flow (P/CF)35.10
P/FCF Ratio38.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.95
Enterprise Value/Gross Profit20.19
Enterprise Value/Ebitda31.50
Forecast
1Y Price Target
$219.96Price Target Upside-0.72% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering35
Apple News
PremiumStock Analysis & Ideas
Nvidia (NVDA) vs. Microsoft (MSFT): A Battle of AI Giants
Bulls Say, Bears Say
Bulls Say
AI And InnovationApple's recent announcement to integrate AI into its operating systems and give third-party developers deep access to features including Siri, should drive significant innovation from developers.
Market ShareApple's market share is tracking at 17% YTD and in the month of May, which will serve to assuage investor concerns as incremental share loss has stopped and the steady state market despite Huawei’s emergence is holding up much better than feared.
Pricing StrategyAAPL will raise prices on high-end smartphones and use that excess pricing to subsidize lower cost iPhones to attract new consumers into the AAPL ecosystem.
Bears Say
AI Revenue ProjectionsNew forecasts assume an AI-inspired upgrade cycle can generate incremental iPhone revenue at only one-half the amount of the 5G-inspired one, due to a lack of pent-up demand and challenging European and Chinese AI regulations.
Market CompetitionThe smartphone market in the US is saturated and competition is ruthless.
Product DelaysNew product launch delays may harm Apple's growth, such as the delay of the XR headset launch and the postponement of the electric vehicle's target launch date.
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Ownership Overview
0.11% Insiders
16.24% Mutual Funds
17.30% Other Institutional Investors
66.35% 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 $221.55 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 20 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 Overvalued.
Does Apple pay dividends?
Apple pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 0.44%. 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 135B.
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Apple Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$219.96 (-0.72% Downside)
$219.96 (-0.72% Downside)
Blogger Sentiment
Bullish
AAPL Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 105.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 95%
Bearish news 5%
Bearish news 5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.72%
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
$219.96
▼(-0.72% Downside)
Technical Analysis
Best Analysts Covering AAPL
1 Year
1 Year Success Rate
31/32 ratings generated profit
1 Year Average Return
+45.41%
assigned a buy rating 24 days ago
Copying Krish Sankar's trades and holding each position for 1 Year would result in 96.88% of your transactions generating a profit, with an average return of +45.41% per trade.
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