AAPL stock icon

Apple
AAPL

$230.54
1.26%
 

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 6,702 funds
0
Analysts bullish %
of 64 analysts
0
News positive %
of 497 articles

Fund manager confidence

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

8% more call options, than puts

Call options by funds: $40.6B | Put options by funds: $37.7B

6% more first-time investments, than exits

New positions opened: 203 | Existing positions closed: 192

0% more funds holding

Funds holding: 4,801 [Q4 2023] → 4,812 (+11) [Q1 2024]

0.96% less ownership

Funds ownership: 60.01% [Q4 2023] → 59.05% (-0.96%) [Q1 2024]

10% less funds holding in top 10

Funds holding in top 10: 2,850 [Q4 2023] → 2,568 (-282) [Q1 2024]

13% less capital invested

Capital invested by funds: $1.8T [Q4 2023] → $1.57T (-$233B) [Q1 2024]

24% less repeat investments, than reductions

Existing positions increased: 1,877 | Existing positions reduced: 2,477

Research analyst outlook

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

Low target
$158
31%
downside
Avg. target
$221
4%
downside
High target
$275
19%
upside

64 analyst ratings

47 positive
73%
14 neutral
22%
negative
5%
Wedbush
Daniel Ives
19%upside
$275
Outperform
Reiterated
11 Jul 2024
B of A Securities
Wamsi Mohan
11%upside
$256
Buy
Maintained
11 Jul 2024
Needham
Laura Martin
13%upside
$260
Buy
Maintained
10 Jul 2024
B of A Securities
Wamsi Mohan
0%downside
$230
Buy
Maintained
9 Jul 2024
Piper Sandler
Matt Farrell
2%downside
$225
Neutral
Maintained
9 Jul 2024

Financial journalist opinion

Based on 497 articles about AAPL published over the past 30 days