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China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
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SpaceX launches two Saudi astronauts on private flight to space station
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S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
This MMJ Stock Needs To Be At The Top Of Your Radar! (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
This MMJ Stock Needs To Be At The Top Of Your Radar! (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Central Bank: “Final stage” beginning now (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
This MMJ Stock Needs To Be At The Top Of Your Radar! (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
This MMJ Stock Needs To Be At The Top Of Your Radar! (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Central Bank: “Final stage” beginning now (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
This MMJ Stock Needs To Be At The Top Of Your Radar! (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
This MMJ Stock Needs To Be At The Top Of Your Radar! (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Central Bank: “Final stage” beginning now (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain

Apple (AAPL) Stock Forecast, Price & News

$175.16
+0.11 (+0.06%)
(As of 05/19/2023 08:47 PM ET)
Compare
Today's Range
$174.94
$176.39
50-Day Range
$150.47
$175.16
52-Week Range
$124.17
$176.39
Volume
55.81 million shs
Average Volume
63.65 million shs
Market Capitalization
$2.76 trillion
P/E Ratio
29.74
Dividend Yield
0.55%
Price Target
$174.73

Apple MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.76 Rating Score
Upside/​Downside
0.2% Downside
$174.73 Price Target
Short Interest
Healthy
0.79% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.33mentions of Apple in the last 14 days
Based on 86 Articles This Week
Insider Trading
Selling Shares
$71.70 M Sold Last Quarter
Proj. Earnings Growth
10.85%
From $5.99 to $6.64 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Computer And Technology Sector

174th out of 608 stocks

Electronic Computers Industry

2nd out of 5 stocks


AAPL stock logo

About Apple (NASDAQ:AAPL) Stock

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.

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AAPL Stock News Headlines

STMicroelectronics, NetEase, HP Enterprise: Undervalued Techs? (AAPL)
STMicroelectronics, NetEase, and HP Enterprise may be undervalued relative to their intrinsic value, as well as versus industry peers.
Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio? (AAPL)
Berkshire Hathaway buys $13.2 billion stake in Occidental Petroleum. Capital One is a new large holding, while stakes in Bank of America and Citigroup increase.
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
How to Calculate Stock Growth
Stocks can help your portfolio grow. Learn how to calculate stock growth rates to get the most out of your investment with MarketBeat.
How to Calculate Stock Growth (AAPL)
Stocks can help your portfolio grow. Learn how to calculate stock growth rates to get the most out of your investment with MarketBeat.
7 Best Retail Stocks to Invest in (AAPL)
Retail stocks allow investors to own stock in businesses where they shop. Learn more about the best retail stocks to invest in on MarketBeat.
Apple App Store - Top Apps
Apple App Store - Top Apps Weekending 5/14/2023
Akamai Technologies Soars on Robust Cybersecurity and Cloud Sales (AAPL)
Cloud services and content delivery network (CDN) operator Akamai Technologies Inc. (NASDAQ: AKAM) had substantial profits driven by record security
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
UnitedHealth Group is an AI Stock That Isn't Beating Expectations (AAPL)
Although it's a pioneer in AI, UnitedHealth Group is not enjoying the halo effect on AI stocks, but with more clarity on future growth that should change
Nasdaq 100 Hits 2023 Highs As Google, Amazon Join The Tech Rally (AAPL)
The Nasdaq 100 index hit new 2023 highs, boosted by AI news from Alphabet, as other top components, including Microsoft, Nvidia and Apple took a breather.
3 Surprising Stocks Leading Growth Over Value (AAPL)
This year’s best performing S&P 500 Growth stocks were some of 2022’s worst performers. Will the worst to first trend continue?
Apple's Ultimate Superpower Is Cash Flow
Why Is Everyone Talking About Apple Stock?
The Biggest Trade I've Ever Made: Trimming Apple
Apple: Overvalued In A Late Cycle Economy
See More Headlines
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AAPL Company Calendar

Last Earnings
5/04/2023
Ex-Dividend for 5/18 Dividend
5/12/2023
Dividend Payable
5/18/2023
Today
5/22/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Electronic computers
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:AAPL
CUSIP
03783310
Employees
164,000
Year Founded
1976

Price Target and Rating

Average Stock Price Forecast
$174.73
High Stock Price Forecast
$205.00
Low Stock Price Forecast
$54.00
Forecasted Upside/Downside
-0.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
33 Analysts

Profitability

Net Income
$99.80 billion
Pretax Margin
29.01%

Debt

Sales & Book Value

Annual Sales
$394.33 billion
Cash Flow
$6.98 per share
Book Value
$3.95 per share

Miscellaneous

Outstanding Shares
15,728,700,000
Free Float
15,719,265,000
Market Cap
$2.76 trillion
Optionable
Optionable
Beta
1.29

Social Links


Key Executives

  • Tim Cook
    Chief Executive Officer & Director
  • Jeffrey E. WilliamsJeffrey E. Williams
    Chief Operating Officer
  • Luca MaestriLuca Maestri
    Chief Financial Officer & Senior Vice President
  • Kevin M. Lynch
    Vice President-Technology
  • Timothy Campos
    Chief Information Officer













AAPL Stock - Frequently Asked Questions

Should I buy or sell Apple stock right now?

33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 2 sell ratings, 4 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AAPL shares.
View AAPL analyst ratings
or view top-rated stocks.

What is Apple's stock price forecast for 2023?

33 equities research analysts have issued 1-year price objectives for Apple's shares. Their AAPL share price forecasts range from $54.00 to $205.00. On average, they predict the company's share price to reach $174.73 in the next twelve months. This suggests that the stock has a possible downside of 0.2%.
View analysts price targets for AAPL
or view top-rated stocks among Wall Street analysts.

How have AAPL shares performed in 2023?

Apple's stock was trading at $129.93 at the beginning of 2023. Since then, AAPL shares have increased by 34.8% and is now trading at $175.16.
View the best growth stocks for 2023 here
.

Are investors shorting Apple?

Apple saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 124,660,000 shares, an increase of 8.4% from the April 15th total of 114,990,000 shares. Based on an average daily trading volume, of 60,140,000 shares, the short-interest ratio is currently 2.1 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, July 27th 2023.
View our AAPL earnings forecast
.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) posted its earnings results on Thursday, May, 4th. The iPhone maker reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. The iPhone maker earned $94.84 billion during the quarter, compared to analysts' expectations of $92.84 billion. Apple had a trailing twelve-month return on equity of 165.72% and a net margin of 24.49%. Apple's revenue was down 2.5% compared to the same quarter last year. During the same period last year, the business posted $1.52 EPS.
Read the conference call transcript
.

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

Apple announced a quarterly dividend on Thursday, May 4th. Investors of record on Monday, May 15th will be given a dividend of $0.24 per share on Thursday, May 18th. This represents a $0.96 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Friday, May 12th. This is a boost from the stock's previous quarterly dividend of $0.23.
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 0.55%. 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 16.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAPL will have a dividend payout ratio of 14.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAPL.

When did Apple's stock split?

Shares of Apple split on Monday, August 31st 2020. The 4-1 split was announced on Thursday, July 30th 2020. The newly minted shares were distributed to shareholders after the closing bell 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 declared 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 purchase up to 3.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are 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).

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 a number of retail and institutional investors. Top institutional investors include Berkshire Hathaway Inc (5.82%), State Street Corp (3.66%), FMR LLC (1.97%), Geode Capital Management LLC (1.81%), Price T Rowe Associates Inc. MD (1.49%) and Bank of New York Mellon Corp (0.82%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Apple's stock price today?

One share of AAPL stock can currently be purchased for approximately $175.16.

How much money does Apple make?

Apple (NASDAQ:AAPL) has a market capitalization of $2.76 trillion and generates $394.33 billion in revenue each year. The iPhone maker earns $99.80 billion in net income (profit) each year or $5.89 on an earnings per share basis.

How many employees does Apple have?

The company employs 164,000 workers across the globe.

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
How can I contact Apple?

Apple's mailing address is ONE APPLE PARK WAY, CUPERTINO CA, 95014. The official website for the company is www.apple.com. The iPhone maker can be reached via phone at (408) 996-1010, via email at tgala@apple.com, or via fax at 408-974-2483.

This page (NASDAQ:AAPL) was last updated on 5/22/2023 by MarketBeat.com Staff

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