AAPL stock icon

Apple
AAPL

$222.77
0.04%

Market Cap: $3.39T

 

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 6,710 funds
0
Analysts bullish %
of 51 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

42% more first-time investments, than exits

New positions opened: 251 | Existing positions closed: 177

24% more capital invested

Capital invested by funds: $1.61T [Q1] → $1.99T (+$379B) [Q2]

13% more funds holding in top 10

Funds holding in top 10: 2,593 [Q1] → 2,925 (+332) [Q2]

12% more call options, than puts

Call options by funds: $57.3B | Put options by funds: $51.2B

2% more funds holding

Funds holding: 4,871 [Q1] → 4,945 (+74) [Q2]

0.24% more ownership

Funds ownership: 60.54% [Q1] → 60.79% (+0.24%) [Q2]

6% less repeat investments, than reductions

Existing positions increased: 2,148 | Existing positions reduced: 2,280

Research analyst outlook

51 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$186
17%
downside
Avg. target
$251
12%
upside
High target
$300
35%
upside

51 analyst ratings

41 positive
80%
neutral
16%
negative
4%
JP Morgan
Samik Chatterjee
49% 1-year accuracy
29 / 59 met price target
19%upside
$265
Overweight
Maintained
10 Sept 2024
Oppenheimer
Martin Yang
73% 1-year accuracy
19 / 26 met price target
12%upside
$250
Outperform
Maintained
10 Sept 2024
Piper Sandler
Matt Farrell
50% 1-year accuracy
6 / 12 met price target
1%upside
$225
Neutral
Reiterated
10 Sept 2024
Wedbush
Daniel Ives
61% 1-year accuracy
84 / 138 met price target
35%upside
$300
Outperform
Maintained
10 Sept 2024
B of A Securities
Wamsi Mohan
59% 1-year accuracy
20 / 34 met price target
15%upside
$256
Buy
Maintained
10 Sept 2024

Financial journalist opinion

Based on 482 articles about AAPL published over the past 30 days