Should I buy or sell Apple stock right now?

33 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 1 sell rating, 10 hold ratings, 21 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AAPL shares. View AAPL analyst ratings or view top-rated stocks .

What is Apple's stock price target for 2024?

33 analysts have issued 12 month price targets for Apple's shares. Their AAPL share price targets range from $158.00 to $250.00. On average, they anticipate the company's share price to reach $205.72 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View analysts price targets for AAPL or view top-rated stocks among Wall Street analysts .

How have AAPL shares performed in 2024?

Apple's stock was trading at $192.53 at the beginning of 2024. Since then, AAPL shares have decreased by 2.2% and is now trading at $188.32. View the best growth stocks for 2024 here .

Are investors shorting Apple?

Apple saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 101,260,000 shares, a decrease of 6.4% from the December 31st total of 108,220,000 shares. Based on an average daily volume of 54,530,000 shares, the days-to-cover ratio is presently 1.9 days. View Apple's Short Interest .

When is Apple's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our AAPL earnings forecast .

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) posted its earnings results on Thursday, February, 1st. The iPhone maker reported $2.18 EPS for the quarter, topping the consensus estimate of $2.09 by $0.09. The iPhone maker had revenue of $119.60 billion for the quarter, compared to the consensus estimate of $117.99 billion. Apple had a trailing twelve-month return on equity of 156.04% and a net margin of 26.16%. The business's revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.88 earnings per share. Read the conference call transcript .

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

Apple declared a quarterly dividend on Thursday, February 1st. Investors of record on Monday, February 12th will be paid a dividend of $0.24 per share on Thursday, February 15th. This represents a $0.96 annualized dividend and a yield of 0.51%. The ex-dividend date of this dividend is Friday, February 9th. Read our dividend analysis for AAPL .

Is Apple a good dividend stock?

Apple (NASDAQ:AAPL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.51%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAPL will have a dividend payout ratio of 13.50% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AAPL .

What ETFs hold Apple's stock?

ETFs with the largest weight of Apple (NASDAQ:AAPL) stock in their portfolio include Technology Select Sector SPDR Fund (XLK) , Vanguard Information Technology ETF (VGT) , Fidelity MSCI Information Technology Index ETF (FTEC) , iShares Global Tech ETF (IXN) , iShares U.S. Technology ETF (IYW) , Direxion Daily Technology Bull 3X Shares (TECL) , Vanguard Mega Cap Growth ETF (MGK) and Direxion AAPL Bull 1.5X Shares (AAPU) .

When did Apple's stock split?

Apple shares split on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly issued shares were payable to shareholders after the market closes on Friday, August 28th 2020. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

How will Apple's stock buyback program work?

Apple announced that its board has authorized a stock buyback plan on Thursday, May 4th 2023, which allows the company to repurchase $90,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

What is Tim Cook's approval rating as Apple's CEO?

11,001 employees have rated Apple Chief Executive Officer Tim Cook on Glassdoor.com . Tim Cook has an approval rating of 94% among the company's employees. This puts Tim Cook in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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) , Walt Disney (DIS) , Advanced Micro Devices (AMD) , AT&T (T) and Boeing (BA) .

Who are Apple's major shareholders?

Apple's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (0.55%), International Assets Investment Management LLC (0.46%), Fisher Asset Management LLC (0.35%), Swiss National Bank (0.32%), Dimensional Fund Advisors LP (0.30%) and California Public Employees Retirement System (0.25%). Insiders that own company stock include Arthur D Levinson , Chris Kondo , Deirdre O'brien , Jeffrey E Williams, Jeffrey E Williams , Katherine L Adams , Katherine L Adams , Luca Maestri and Timothy D Cook . View institutional ownership trends .

How do I buy shares of Apple?

Shares of AAPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Apple have any subsidiaries?

The following companies are subsidiares of Apple: AI Music, Acunu, Akonia Holographics, AlgoTrim, Anobit Technologies, Apple Asia LLC, Apple Asia Limited, Apple Canada Inc., Apple Computer Trading Shanghai Co. Ltd., Apple Distribution International Limited, Apple Insurance Company Inc., Apple Japan Inc., Apple Korea Limited, Apple Operations Europe Limited, Apple Operations International Limited, Apple Operations Limited, Apple Pty Limited, Apple Sales International Limited, Apple South Asia Thailand Limited, Asaii Inc, AuthenTec, Beats, Beddit, Blue Fish Labs, Blue Spruce Technologies, Booklamp, Braeburn Capital Inc., BroadMap, Buddybuild, Burstly, C3 Technologies, Camel Audio, Camerai, Catch.com, Chomp, Coherent Navigation, Color Labs, Concept.io, Coral Software, Credit Kudos, Cue, DataTiger, Dialog Semiconductor, Drive.ai, Dryft, Emagic, Embark1, Emotient, Fashwell, Fingerworks, Fleetsmith, Flyby Media, FoundationDB, Gliimpse, HopStop.com, IKinema LTD, InVisage Technologies, Inductiv, Intel's smartphone modem business, Intrinsity, Joby Aviation, Lala, Laserlike, Lattice, LearnSprout, LegbaCore, Limited Liability Company Apple Rus, Linx Imaging, Locationary, LuxVue Technology, MOG, Mapsense, Matcha, Mobeewave, Nashoba Systems, NeXT, NetSelector, Network Innovations, Next Issue Media, NextVR, Nothing Real, Novauris, Orion Network Systems, OttoCat, PA Semi, Particle, Passif Semiconductor, Paws Inc, Perceptio, Placebase, Platoon, Polar Rose, Poly9, Pop Up Archive, Power Computing, PowerSchool, PowerbyProxi, PrimeSense, Primephonic, Prismo Graphics, Privaris, Propel Software, Propel Software Corporation, Proximity, Prss, PullString, Quattro Wireless, RareLight, Raycer Graphics, RealFace, Redmatica, Regaind, SMI Holding, SchemaSoft, Scout FM, Semetric, Shazam, Silicon Color, Silk Labs, Siri, SnappyLabs, SourceDNA, Spaces, Spectral Edge, Spektral, Spotsetter, Stamplay, Styleware, Texture by Next Issue, The Dark Sky Company, Topsy Labs, Tueo Health, Turi, Union Bay Networks, Vilynx, VocalIQ, Voysis, Vrvana, WiFiSLAM, Workflow, Xnor.ai, Zayante, faceshift, iTunes K.K., imsense, indoor.io, metaio, and tuplejump. Read More

Followed 856 TimesTop Followed Most-Downgraded StocksMost-Downgraded Searched 684 TimesTop Searched

NASDAQ:AAPL

Apple (AAPL) Stock Price, News & Analysis

$188.32

-1.09 (-0.58%)

(As of 02/8/2024 ET)

Compare

Today's Range: $187.35
▼
$189.54
50-Day Range: $181.18
▼
$198.11
52-Week Range: $143.90
▼
$199.62

Volume: 40.93 million shs
Average Volume: 57.81 million shs
Market Capitalization: $2.91 trillion

P/E Ratio: 29.33
Dividend Yield: 0.51%
Price Target: $205.72

Get Apple alerts:

Apple MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 9.2% Upside
$205.72 Price Target
Short Interest: Healthy
0.66% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.97
Upright™ Environmental Score
News Sentiment: 0.53
Based on 146 Articles This Week
Insider Trading: Selling Shares
$25.25 M Sold Last Quarter
Proj. Earnings Growth: 8.05%
From $6.58 to $7.11 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Computer And Technology Sector

30th out of 576 stocks

Electronic Computers Industry

1st out of 6 stocks

2.3

Analyst's Opinion

Consensus Rating
Apple has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 21 buy ratings, 10 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $205.72, Apple has a forecasted upside of 9.2% from its current price of $188.32.
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.

5.0

Short Interest

Percentage of Shares Shorted
0.66% of the outstanding shares of Apple have been sold short.
Short Interest Ratio / Days to Cover
Apple has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Apple has recently decreased by 6.43%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
Apple has a dividend yield of 0.51%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Apple has been increasing its dividend for 12 years.
Dividend Coverage
The dividend payout ratio of Apple is 14.95%. 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 13.50% next year. This indicates that Apple will be able to sustain or increase its dividend.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Apple has received a 23.42% net impact score from Upright. Apple seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Knowledge infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Smartphones", "Tablet computers", and "Desktop computers" products. See details.
Environmental Sustainability
The Environmental Impact score for Apple is -1.97.

3.1

News and Social Media Coverage

News Sentiment
Apple has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 146 news articles for Apple this week, compared to 91 articles on an average week.
Search Interest
690 people have searched for AAPL on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.
MarketBeat Follows
866 people have added Apple to their MarketBeat watchlist in the last 30 days. This is an increase of 31% compared to the previous 30 days.

1.7

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 $25,248,740.00 in company stock.
Percentage Held by Insiders
Only 0.06% of the stock of Apple is held by insiders.
Percentage Held by Institutions
58.51% of the stock of Apple is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Apple are expected to grow by 8.05% in the coming year, from $6.58 to $7.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Apple is 29.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Apple is 29.33, 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 240.40.
Price to Earnings Growth Ratio
Apple has a PEG Ratio of 2.27. 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 39.23. 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

About Apple Stock (NASDAQ:AAPL)

Apple Inc. is among the world's most iconic brands. Founded on April 1, 1976, by Steve Jobs and Steve Wozniak, it is now the leading producer of consumer electronics and an economy all of its own. The was valued at over $2.6 trillion in 2022 and brought in $0.4 trillion in revenue making it equal in size to the economies of Thailand and Belgium which are ranked 24th and 23rd largest worldwide.

Founders Jobs and Wozniak, both college dropouts, founded the company with the idea of changing the way people looked at computers. Their vision coincided with a revolution within the PC industry and helped to create personal computing as we know it today. The company’s first product was a personal computer known as the Apple 1 but the product line has since evolved to include a wide range of desirable personal computing devices.

Tim Cook took over the role of CEO in 2011 shortly before the death of Steve Jobs. Cook joined the company in 1988 as Senior VP of Global Sales and went on to become Executive VP of Global Operations before taking on the chief executive role. In his tenure, Mr. Cook has more than doubled Apple’s revenue and earnings while growing the company’s value by more than 450%.

The company designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple also provides and sells related platforms and services to power them and is the host of a widely-used digital ecosystem. The digital ecosystem revolves around the Apple App Store which lists thousands of games and applications for iOS users. The App Store also features digital content like music, TV, and movies as well as books, podcasts, and other forms of digital content.

Apple is headquartered in Apple Park, an ultra-modern campus built in Cupertino, California. The campus features a massive circular building nicknamed The Spaceship and provides working space for over 12,000 employees. The circular shape houses a park and a pond and there are many amenities within the facility including cafes, a wellness center, care clinics, and terminals for the shuttle system.

The company’s core product line has shifted away from computers over the years and towards iPhones and devices but computing is still fundamental to the business. In regard to iPhones, Apple’s products are routinely ranked as the top-selling in all comparisons. Other product lines include Mac (a line of computers), iPad (a line of tablets), AirPods (wifi-enabled earbuds), wearables like the Watch, home accessories such as Apple TV, and smart-home devices like the HomePod.

Finally, Apple provides AppleCare support services, cloud store services, and a host of other service offerings intended to simplify life. Among them are Apple News (subscription news), Apple TV+ (subscription TV with original content), Apple Card (consumer credit card), and Apple Pay (mobile cashless pay feature).

Apple computers and wifi-enabled smart devices are in demand by consumers, small and mid-sized businesses, the education sector, enterprises, and governments worldwide because they are high-quality, long-lasting, powerful devices. The company sells its products through an omnichannel network of DTC, wholesales, and eCommerce channels including mobile carriers, retailers, and resellers.

AAPL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AAPL Stock News Headlines

February 8, 2024 | marketbeat.com

Cirrus Logic: A chip stock you're going to hear a lot more about (AAPL)

With the semiconductor industry as a whole bouncing back from a tough couple of years, there's a lot of upward momentum to get excited about.

February 7, 2024 | marketbeat.com

Qualcomm extends Apple, Samsung deals, stock up on AI growth (AAPL)

Qualcomm's fiscal Q1 earnings exceeded analyst expectations, driven by robust revenue growth in its chipset business and further expansion into AI applications.

February 8, 2024 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

February 7, 2024 | marketbeat.com

AMD, Broadcom, Marvell, Nvidia: Big gainers from new AI spending (AAPL)

Chipmakers including AMD, Broadcom, Marvell and Nvidia are set to benefit from a surge in data center AI investment by tech titans such as Google and Microsoft

February 6, 2024 | marketbeat.com

Apple App Store - Top Apps

Apple App Store - Top Apps Week ending 2/4/2024

February 6, 2024 | marketbeat.com

Peloton stock backpedals to a new low as shorts win (AAPL)

While bullish Peloton traders keep up the faith for a short squeeze rally, bearish sellers keep laughing all the way to the bank.

February 4, 2024 | marketbeat.com

'Argylle,' with checkered reviews, flops with $18M for the big-budget Apple release

Apple has had it’s first box office flop

February 3, 2024 | marketbeat.com

Controversial podcast host Joe Rogan signs new multiyear deal with Spotify

Spotify has penned a new multi-year partnership deal with controversial podcast host Joe Rogan, whose enormously popular show will soon also be available on competing platforms, including YouTube and Apple Podcasts

February 8, 2024 | The Oxford Club (Ad)

It's Called "the Singularity"

A new indicator shows “the Singularity” could launch as soon as three months from now. This is the moment we’ve all feared – when artificial intelligence officially surpasses us… becoming smarter than human intelligence. And when the Singularity hits, the entire world will be thrown into chaos.

February 3, 2024 | marketbeat.com

MarketBeat Week in Review – 1/29 - 2/2 (AAPL)

Markets remained resilient even after disappointing news from Apple sales in China and a higher-than-expected jobs report delivered a bearish one-two punch

February 2, 2024 | marketbeat.com

Amazon stock on the verge of a 40% rally (AAPL)

For those of us on the sidelines and considering a position, it really doesn't get better than this and it's time to back up the truck.

February 2, 2024 | marketbeat.com

Magnificent Meta Platforms stock will double in value (AAPL)

Meta Platforms matured from a tech start-up growth company to a mature, dividend-paying tech leader with a robust outlook.

February 8, 2024 | msn.com

Spanish court halts $209M fines on Apple, Amazon amid appeal - report

February 8, 2024 | msn.com

Spain's high court suspends $209 mln fines on Apple, Amazon amid appeal

February 8, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Technology Companies: ARM Holdings PLC ADR (ARM), Apple (AAPL) and Paycom (PAYC)

February 8, 2024 | seekingalpha.com

Apple: Hitting The Mark, Time For A Breather (Technical Analysis, Downgrade)

February 8, 2024 | msn.com

Apple Thanks Man Charged With Defrauding Them Of $2.5M, Reason Remains Unclear: Report

February 8, 2024 | msn.com

Apple (NASDAQ:AAPL) and Amazon Dodge €194 Million Fine in Spanish Antitrust Battle

February 8, 2024 | finance.yahoo.com

Steve Jobs Didn't Think He Needed To Shower Because He Only Ate Fruit — But His Body Odor Had Him Banished To The Night Shift When Colleagues Complained About The Smell

February 8, 2024 | benzinga.com

Apple's Holiday Quarter Broke Years-Long Streak Of Revenue Declines But China Slowdown Overshadowed Even Its Record Service Revenue

February 8, 2024 | finance.yahoo.com

UPDATE 1-Spanish court suspends $209 mln Apple, Amazon fines pending appeal

February 8, 2024 | investorplace.com

AAPL Stock Forecast 2024: Why Apple Is a No-Brainer Buy for Investors

February 8, 2024 | benzinga.com

Buy Now Or Wait? Apple's Vision Pro Craze Sends Resale Prices Soaring To $5000 In Overseas Markets

February 7, 2024 | msn.com

Apple Is Playing It Cool In AI Race, But Top Fund Manager Says It May Be Priming To Lead Another 'Revolution'

February 7, 2024 | stocknews.com

3 Tech Stocks to Keep an Eye on in February

February 7, 2024 | markets.businessinsider.com

Apple Beats AliveCor Lawsuit Regarding Heart-Rate Tech

February 7, 2024 | markets.businessinsider.com

Analysts Conflicted on These Technology Names: WEX (WEX) and Apple (AAPL)

See More Headlines

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Company Calendar

Ex-Dividend for 11/16 Dividend: 11/10/2023
Dividend Payable: 11/16/2023
Last Earnings: 2/01/2024
Today: 2/08/2024
Ex-Dividend for 2/15 Dividend: 2/09/2024
Dividend Payable: 2/15/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Electronic computers
Sub-Industry: Computer Hardware
Current Symbol: NASDAQ:AAPL
CUSIP: 03783310
CIK: 320193
Web: www.apple.com
Phone: (408) 996-1010
Fax: 408-974-2483
Employees: 161,000
Year Founded: 1976

Price Target and Rating

Average Stock Price Target: $205.72
High Stock Price Target: $250.00
Low Stock Price Target: $158.00
Potential Upside/Downside: +9.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 33 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.42
Trailing P/E Ratio: 29.33
Forward P/E Ratio: 28.62
P/E Growth: 2.27
Net Income: $97.00 billion
Net Margins: 26.16%
Pretax Margin: 30.71%
Return on Equity: 156.04%
Return on Assets: 29.39%

Debt

Debt-to-Equity Ratio: 1.28
Current Ratio: 1.07
Quick Ratio: 1.02

Sales & Book Value

Annual Sales: $383.29 billion
Price / Sales: 7.59
Cash Flow: $6.94 per share
Price / Cash Flow: 27.13
Book Value: $4.80 per share
Price / Book: 39.23

Miscellaneous

Outstanding Shares: 15,441,880,000
Free Float: 15,432,616,000
Market Cap: $2.91 trillion
Optionable: Optionable
Beta: 1.31

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Key Executives

Mr. Timothy D. Cook (Age 63)
CEO & Director
Comp: $16.24M
Mr. Luca Maestri (Age 61)
CFO & Senior VP
Comp: $4.61M
Mr. Jeffrey E. Williams (Age 60)
Chief Operating Officer
Comp: $4.64M
Ms. Katherine L. Adams (Age 60)
Senior VP, General Counsel & Secretary
Comp: $4.62M
Ms. Deirdre O'Brien (Age 57)
Senior Vice President of Retail
Comp: $4.61M
Mr. Chris Kondo
Senior Director of Corporate Accounting
Mr. James Wilson
Chief Technology Officer
Suhasini Chandramouli
Director of Investor Relations
Mr. Greg Joswiak
Senior Vice President of Worldwide Marketing
Mr. Adrian Perica (Age 50)
Head of Corporate Development

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AAPL Stock Analysis - Frequently Asked Questions

Should I buy or sell Apple stock right now?: 33 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 1 sell rating, 10 hold ratings, 21 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AAPL shares.
View AAPL analyst ratings or view top-rated stocks.
What is Apple's stock price target for 2024?: 33 analysts have issued 12 month price targets for Apple's shares. Their AAPL share price targets range from $158.00 to $250.00. On average, they anticipate the company's share price to reach $205.72 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for AAPL or view top-rated stocks among Wall Street analysts.
How have AAPL shares performed in 2024?: Apple's stock was trading at $192.53 at the beginning of 2024. Since then, AAPL shares have decreased by 2.2% and is now trading at $188.32.
View the best growth stocks for 2024 here.
Are investors shorting Apple?: Apple saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 101,260,000 shares, a decrease of 6.4% from the December 31st total of 108,220,000 shares. Based on an average daily volume of 54,530,000 shares, the days-to-cover ratio is presently 1.9 days.
View Apple's Short Interest.
When is Apple's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our AAPL earnings forecast.
How were Apple's earnings last quarter?: Apple Inc. (NASDAQ:AAPL) posted its earnings results on Thursday, February, 1st. The iPhone maker reported $2.18 EPS for the quarter, topping the consensus estimate of $2.09 by $0.09. The iPhone maker had revenue of $119.60 billion for the quarter, compared to the consensus estimate of $117.99 billion. Apple had a trailing twelve-month return on equity of 156.04% and a net margin of 26.16%. The business's revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.88 earnings per share.
Read the conference call transcript.
How often does Apple pay dividends? What is the dividend yield for Apple?: Apple declared a quarterly dividend on Thursday, February 1st. Investors of record on Monday, February 12th will be paid a dividend of $0.24 per share on Thursday, February 15th. This represents a $0.96 annualized dividend and a yield of 0.51%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for AAPL.
Is Apple a good dividend stock?: Apple (NASDAQ:AAPL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.51%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAPL will have a dividend payout ratio of 13.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAPL.

What ETFs hold Apple's stock?: ETFs with the largest weight of Apple (NASDAQ:AAPL) stock in their portfolio include Technology Select Sector SPDR Fund (XLK), Vanguard Information Technology ETF (VGT), Fidelity MSCI Information Technology Index ETF (FTEC), iShares Global Tech ETF (IXN), iShares U.S. Technology ETF (IYW), Direxion Daily Technology Bull 3X Shares (TECL), Vanguard Mega Cap Growth ETF (MGK) and Direxion AAPL Bull 1.5X Shares (AAPU).
When did Apple's stock split?: Apple shares split on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly issued shares were payable to shareholders after the market closes on Friday, August 28th 2020. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.
How will Apple's stock buyback program work?: Apple announced that its board has authorized a stock buyback plan on Thursday, May 4th 2023, which allows the company to repurchase $90,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.
What is Tim Cook's approval rating as Apple's CEO?: 11,001 employees have rated Apple Chief Executive Officer Tim Cook on Glassdoor.com. Tim Cook has an approval rating of 94% among the company's employees. This puts Tim Cook in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
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), Walt Disney (DIS), Advanced Micro Devices (AMD), AT&T (T) and Boeing (BA).
Who are Apple's major shareholders?: Apple's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (0.55%), International Assets Investment Management LLC (0.46%), Fisher Asset Management LLC (0.35%), Swiss National Bank (0.32%), Dimensional Fund Advisors LP (0.30%) and California Public Employees Retirement System (0.25%). Insiders that own company stock include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Jeffrey E Williams, Katherine L Adams, Katherine L Adams, Luca Maestri and Timothy D Cook.
View institutional ownership trends.
How do I buy shares of Apple?: Shares of AAPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Apple have any subsidiaries?: The following companies are subsidiares of Apple: AI Music, Acunu, Akonia Holographics, AlgoTrim, Anobit Technologies, Apple Asia LLC, Apple Asia Limited, Apple Canada Inc., Apple Computer Trading Shanghai Co. Ltd., Apple Distribution International Limited, Apple Insurance Company Inc., Apple Japan Inc., Apple Korea Limited, Apple Operations Europe Limited, Apple Operations International Limited, Apple Operations Limited, Apple Pty Limited, Apple Sales International Limited, Apple South Asia Thailand Limited, Asaii Inc, AuthenTec, Beats, Beddit, Blue Fish Labs, Blue Spruce Technologies, Booklamp, Braeburn Capital Inc., BroadMap, Buddybuild, Burstly, C3 Technologies, Camel Audio, Camerai, Catch.com, Chomp, Coherent Navigation, Color Labs, Concept.io, Coral Software, Credit Kudos, Cue, DataTiger, Dialog Semiconductor, Drive.ai, Dryft, Emagic, Embark1, Emotient, Fashwell, Fingerworks, Fleetsmith, Flyby Media, FoundationDB, Gliimpse, HopStop.com, IKinema LTD, InVisage Technologies, Inductiv, Intel's smartphone modem business, Intrinsity, Joby Aviation, Lala, Laserlike, Lattice, LearnSprout, LegbaCore, Limited Liability Company Apple Rus, Linx Imaging, Locationary, LuxVue Technology, MOG, Mapsense, Matcha, Mobeewave, Nashoba Systems, NeXT, NetSelector, Network Innovations, Next Issue Media, NextVR, Nothing Real, Novauris, Orion Network Systems, OttoCat, PA Semi, Particle, Passif Semiconductor, Paws Inc, Perceptio, Placebase, Platoon, Polar Rose, Poly9, Pop Up Archive, Power Computing, PowerSchool, PowerbyProxi, PrimeSense, Primephonic, Prismo Graphics, Privaris, Propel Software, Propel Software Corporation, Proximity, Prss, PullString, Quattro Wireless, RareLight, Raycer Graphics, RealFace, Redmatica, Regaind, SMI Holding, SchemaSoft, Scout FM, Semetric, Shazam, Silicon Color, Silk Labs, Siri, SnappyLabs, SourceDNA, Spaces, Spectral Edge, Spektral, Spotsetter, Stamplay, Styleware, Texture by Next Issue, The Dark Sky Company, Topsy Labs, Tueo Health, Turi, Union Bay Networks, Vilynx, VocalIQ, Voysis, Vrvana, WiFiSLAM, Workflow, Xnor.ai, Zayante, faceshift, iTunes K.K., imsense, indoor.io, metaio, and tuplejump.
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This page (NASDAQ:AAPL) was last updated on 2/8/2024 by MarketBeat.com Staff

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