AAPL stock icon

Apple
AAPL

$212.49
0.84%
 

About: Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Employees: 161,000

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 56 analysts
0
News positive %
of 592 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

2% more call options, than puts

Call options by funds: $28.6B | Put options by funds: $28.1B

0% less funds holding

Funds holding: 4,799 [Q4 2023] → 4,780 (-19) [Q1 2024]

1.0% less ownership

Funds ownership: 60.02% [Q4 2023] → 59.02% (-1.0%) [Q1 2024]

9% less first-time investments, than exits

New positions opened: 197 | Existing positions closed: 216

10% less funds holding in top 10

Funds holding in top 10: 2,848 [Q4 2023] → 2,551 (-297) [Q1 2024]

13% less capital invested

Capital invested by funds: $1.8T [Q4 2023] → $1.57T (-$234B) [Q1 2024]

25% less repeat investments, than reductions

Existing positions increased: 1,862 | Existing positions reduced: 2,467

Research analyst outlook

56 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$158
26%
downside
Avg. target
$213
0%
upside
High target
$275
29%
upside

56 analyst ratings

37 positive
66%
15 neutral
27%
negative
7%
B of A Securities
Wamsi Mohan
8%upside
$230
Buy
Maintained
12 Jun 2024
DA Davidson
Gil Luria
8%upside
$230
Buy
Upgraded
11 Jun 2024
Barclays
Tim Long
23%downside
$164
Underweight
Reiterated
11 Jun 2024
UBS
David Vogt
11%downside
$190
Neutral
Maintained
11 Jun 2024
Morgan Stanley
Erik Woodring
2%upside
$216
Overweight
Maintained
11 Jun 2024

Financial journalist opinion

Based on 592 articles about AAPL published over the past 30 days