Track market-moving stories before they get noisy

Apple aims to unveil its first pair of smart glasses next year with a marketing message focused on privacy, and Samsung's latest foldable offers a taste of the next big phone trend, a ‘passport' design. Bloomberg's Dana Wollman joins Ed Ludlow on “Bloomberg Tech.

There is a spending contest underway in big tech, and Apple (AAPL +0.80%) has declined to enter it.

Alphabet lifted its 2026 capital spending plan to a top end of $205 billion last week. Amazon expects to invest about $200 billion this year, Microsoft has pointed to roughly $190 billion, and Meta Platforms plans as much as $145 billion. Together, that's more than $700 billion in a single year, the great majority of it aimed at AI (artificial intelligence) infrastructure.

Apple's capital expenditures in fiscal 2025 were $12.7 billion. In other words, the world's largest consumer technology company is spending a fraction of what those four rivals will spend, combined, while they race to add AI computing capacity.

So is Apple's restraint a capital-allocation edge, or a company in denial about what AI requires? With Apple's fiscal third-quarter report due Thursday, July 30, it's the right week to ask.

Image source: Apple.

Renting the build-out instead of funding it Apple's small budget isn't an accident. It reflects a deliberate structure.

On the company's fiscal first-quarter earnings call, chief financial officer Kevan Parekh described a "hybrid" capital model, in which Apple leverages "a combination of first and third-party capacity." In other words, Apple rents much of its computing power from cloud computing providers rather than building data centers itself, and when it does build for AI, it runs the servers on its own chips. That's the basis of Private Cloud Compute, the infrastructure behind Apple Intelligence.

The structure means Apple can access third-party capacity without carrying the full construction bill. And if computing gets cheaper as all of that new supply comes online, renters could benefit first. Whether the access holds up at scale is the open question the next few years will answer.

Meanwhile, the strategy shows up where shareholders can see it. In the March quarter, Apple generated more than $28 billion in operating cash flow, a record for the period -- and with capital spending under $3 billion, nearly all of it was free cash flow. Compare that with Alphabet, whose free cash flow was negative $5.9 billion in its most recent quarter, or Amazon, whose trailing-12-month free cash flow has fallen to $1.2 billion as its capital spending climbs.

Today's Change

(

0.80

%) $

2.68

Current Price

$

335.70

Discipline is winning so far Restraint would mean little if Apple's business were stalling. It isn't.

Fiscal second-quarter revenue rose 17% year over year to $111.2 billion, and earnings per share climbed 22% to $2.01. iPhone revenue hit $57 billion, a March-quarter record, up 22% year over year on demand for the iPhone 17 lineup. Services set an all-time revenue record. For perspective, Apple's revenue grew about 6% in all of fiscal 2025 -- so growth hasn't just held up under the low-spend strategy, it has accelerated sharply.

That's the case for discipline. The case for denial is worth taking seriously, too.

Apple's approach partly depends on third-party capacity in a world where computing power is scarce -- its rivals are spending those hundreds of billions precisely because demand keeps outrunning supply. If AI features become the deciding factor in phone and device purchases, and if delivering them requires more compute than Apple can rent or build quickly, the company could find itself paying up later at worse prices. That scenario can't be ruled out, and it's the main thing I'll be listening for on the July 30 call. Apple's own capital spending rose in fiscal 2025, with Parekh noting the company built out its Private Cloud Compute environment last year.

And the stock leaves little room for the strategy to fail. Shares trade near $333 as of this writing, just below their record high, at about 40 times earnings.

My verdict leans toward discipline. Apple is growing faster than it has in years and generating record cash, while its rivals bear the cost, and the risk, of their own infrastructure build-outs. If the strategy proves wrong, Apple has the cash flow to change course and pay up later. If it proves right, shareholders will never have paid for the detour.

Thursday's report offers the next test. Another quarter of double-digit growth alongside a capital spending line that remains tiny next to its peers' would be the strategy working, measurably. I own the stock, and nothing about the $700 billion around it makes me want to change that.

Posted by Defense World Staff on Jul 27th, 2026

Carnegie Investment Counsel reduced its position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 664,385 shares of the iPhone maker’s stock after selling 21,257 shares during the period. Apple comprises approximately 3.3% of Carnegie Investment Counsel’s portfolio, making the stock its 2nd largest position. Carnegie Investment Counsel’s holdings in Apple were worth $168,614,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Reyes Financial Architecture Inc. increased its holdings in shares of Apple by 0.4% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock valued at $2,520,000 after acquiring an additional 37 shares during the last quarter. WESPAC Advisors LLC lifted its stake in Apple by 0.3% during the fourth quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock worth $3,351,000 after purchasing an additional 39 shares during the last quarter. Interactive Financial Advisors Inc. boosted its holdings in Apple by 4.0% in the fourth quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker’s stock valued at $286,000 after purchasing an additional 40 shares in the last quarter. Sugar Maple Asset Management LLC boosted its holdings in Apple by 2.0% in the first quarter. Sugar Maple Asset Management LLC now owns 2,029 shares of the iPhone maker’s stock valued at $515,000 after purchasing an additional 40 shares in the last quarter. Finally, Orion Investment Co increased its stake in Apple by 0.3% in the fourth quarter. Orion Investment Co now owns 14,354 shares of the iPhone maker’s stock valued at $3,902,000 after purchasing an additional 41 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Price Performance Shares of NASDAQ AAPL opened at $333.02 on Monday. The stock has a market cap of $4.89 trillion, a P/E ratio of 40.27, a P/E/G ratio of 2.88 and a beta of 1.10. Apple Inc. has a twelve month low of $201.50 and a twelve month high of $334.99. The stock has a 50 day moving average of $306.62 and a two-hundred day moving average of $279.09. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL – Get Free Report) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. The business had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period last year, the firm posted $1.65 earnings per share. On average, research analysts forecast that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a dividend of $0.27 per share. The ex-dividend date was Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is currently 13.06%.

Insider Transactions at Apple In other Apple news, insider Ben Borders sold 1,274 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $290.00, for a total transaction of $369,460.00. Following the transaction, the insider directly owned 38,713 shares of the company’s stock, valued at approximately $11,226,770. This trade represents a 3.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.06% of the company’s stock.

Trending Headlines about Apple Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market? Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature. Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint. Analyst Upgrades and Downgrades AAPL has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Apple in a report on Wednesday, July 15th. UBS Group set a $365.00 target price on shares of Apple in a report on Tuesday, July 21st. Citigroup reaffirmed a “buy” rating and issued a $365.00 target price (up from $315.00) on shares of Apple in a research report on Monday, July 13th. Rosenblatt Securities reiterated a “neutral” rating and set a $276.00 price target on shares of Apple in a research note on Tuesday, June 9th. Finally, Oppenheimer reissued a “market perform” rating on shares of Apple in a research report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and a consensus target price of $327.40.

View Our Latest Report on Apple

Apple Company Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

Further Reading Five stocks we like better than Apple RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEMicrosoft Corporation $MSFT is Citizens Financial Group Inc. RI’s 5th Largest Position

NEXT HEADLINE »Entropy Technologies LP Has $2.41 Million Holdings in BorgWarner Inc. $BWA

In its upcoming report, Apple (AAPL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.88 per share, reflecting an increase of 19.8% compared to the same period last year. Revenues are forecasted to be $108.75 billion, representing a year-over-year increase of 15.6%.

Over the last 30 days, there has been an upward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

That said, let's delve into the average estimates of some Apple metrics that Wall Street analysts commonly model and monitor.

The combined assessment of analysts suggests that 'Net Sales by Category- Wearables, Home and Accessories' will likely reach $7.81 billion. The estimate points to a change of +5.4% from the year-ago quarter.

Analysts forecast 'Net Sales by Category- iPhone' to reach $53.97 billion. The estimate indicates a change of +21.1% from the prior-year quarter.

The average prediction of analysts places 'Net Sales- Services' at $31.38 billion. The estimate suggests a change of +14.5% year over year.

The consensus estimate for 'Net Sales by Category- Mac' stands at $8.67 billion. The estimate points to a change of +7.8% from the year-ago quarter.

The consensus among analysts is that 'Net Sales- Products' will reach $77.36 billion. The estimate points to a change of +16.1% from the year-ago quarter.

Analysts predict that the 'Net Sales by Category- iPad' will reach $6.92 billion. The estimate indicates a year-over-year change of +5.1%.

Analysts expect 'Gross margin- Services' to come in at $24.04 billion. Compared to the present estimate, the company reported $20.73 billion in the same quarter last year.

Based on the collective assessment of analysts, 'Gross margin- Products' should arrive at $28.09 billion. Compared to the current estimate, the company reported $22.99 billion in the same quarter of the previous year.

According to the collective judgment of analysts, 'Cost of Sales- Services' should come in at $7.35 billion.

The collective assessment of analysts points to an estimated 'Cost of Sales- Products' of $49.31 billion.

View all Key Company Metrics for Apple here>>>

Apple shares have witnessed a change of +17.4% in the past month, in contrast to the Zacks S&P 500 composite's +0.8% move. With a Zacks Rank #3 (Hold), AAPL is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Live Coverage Updates appear automatically as they are published.

Live Updates 2 hours ago

Live

Apple (NASDAQ: AAPL) reports earnings on Thursday after the closing bell, and Wall Street will be watching closely. As one of the biggest companies in the world, Apple’s results often move not just its own stock, but the entire market.

Wall Street is looking for about $108 billion in revenue and earnings of around $1.89 a share. Those numbers would show steady growth, but investors are interested in much more than whether Apple beats expectations.

The biggest questions are simple: Are people still buying iPhones? Is Apple’s Services business growing? Is business improving in China? And what does Apple have planned for AI?

The answers could determine how the stock reacts after earnings.

The iPhone remains Apple’s most important story.

With it, investors want to know if customers are still upgrading to newer phones. If Apple reports better-than-expected iPhone demand, investors will likely see it as a sign that the business remains healthy. If sales disappoint, it could raise concerns about future growth.

Wall Street will also pay close attention to what Apple says about demand heading into the fall, when the company is expected to introduce its next generation of iPhones.

If you’re wondering why Wall Street could be especially volatile this week, it’s because several of the biggest market-moving events are happening at the same time. At the moment, markets are in rally mode, which we hope will continue. The S&P 500 is up by 0.95%, or by 71 points. The SPDR S&P 500 ETF (SPY) is up by 0.1%, or by 75 cents. The Dow is up by 1.11%, or by 580 points. The Nasdaq is up by 1.51%, or by 427 points. Oil is down nearly $6 at $84.35.

This week, Investors are watching the Federal Reserve, earnings from some of the world’s largest companies, fresh economic data, and ongoing geopolitical developments. Any one of these could move the market on its own—but together, they could create one of the busiest weeks of the summer.

Let’s start with the Federal Reserve. The Fed is scheduled to announce its latest interest rate decision on Wednesday. Right now, most investors expect policymakers to leave interest rates unchanged. Because that expectation is already priced into the market, the real focus isn’t just the decision itself—it’s what comes next. Investors will be listening carefully for any clues about whether rate cuts or additional rate hikes could happen later this year. Even subtle changes in the Fed’s language can have a major impact on stocks, bonds, and the U.S. dollar.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Markets generally like lower interest rates because they reduce borrowing costs for businesses and consumers. Higher rates, on the other hand, can slow economic growth but also help keep inflation under control. That’s why every word from the Fed’s statement—and the Chair’s press conference afterward—will be closely analyzed by traders around the world.

Next up is earnings season. Several major technology companies are scheduled to report results, including Microsoft, Meta, Apple, and Amazon. Because these companies make up such a large portion of the S&P 500 and Nasdaq, their earnings often influence the direction of the entire market. Investors won’t just be looking at revenue and profits. They’ll also be paying close attention to guidance for the rest of the year and updates on artificial intelligence spending.

AI remains one of the biggest themes driving the market. Companies have been investing billions of dollars into data centers, chips, cloud infrastructure, and AI software. Investors are asking whether all of that spending is translating into stronger profits—or whether companies are spending faster than they’re generating returns. Strong guidance could fuel another rally in AI-related stocks, while disappointing outlooks could put pressure on the entire technology sector.

Beyond technology, investors will also hear from companies in industries like manufacturing, consumer goods, aerospace, and automotive. Those earnings help paint a broader picture of the U.S. economy. If consumers continue spending and businesses remain profitable, it supports the idea that the economy is still holding up despite higher borrowing costs.

Economic data is another major focus this week. Markets will receive several important reports, including updates on economic growth, inflation, and consumer activity. Inflation data remains especially important because it’s one of the biggest factors influencing the Federal Reserve’s decisions. If inflation comes in hotter than expected, investors may begin pricing in higher interest rates for longer. If inflation continues to cool, markets could become more optimistic that easier monetary policy is coming later this year.

Another factor is geopolitics. Recent developments in the Middle East have influenced oil prices, which can quickly affect inflation expectations and corporate profits. News that tensions had eased helped push oil prices lower at the start of the week, giving a boost to airlines, cruise operators, and other companies that benefit from lower fuel costs. At the same time, energy stocks may face pressure when oil prices decline. Investors will continue monitoring headlines because geopolitical events can change market sentiment very quickly.

So, what does all of this mean for investors? This is one of those weeks where markets may react sharply to headlines throughout the day. A stronger-than-expected earnings report could lift indexes higher, while disappointing guidance from just one major technology company could drag the market lower. Likewise, the Federal Reserve may not change interest rates at all, but one unexpected comment during the press conference could shift expectations for the rest of the year.

For long-term investors, weeks like this are usually reminders that short-term volatility is a normal part of investing. Markets often experience large daily swings during busy earnings weeks, especially when major economic events happen at the same time.

The bottom line is simple: Wall Street has a lot to digest this week. Between the Federal Reserve’s interest rate decision, earnings from some of the biggest companies in the world, key inflation and economic reports, and ongoing geopolitical developments, investors have no shortage of catalysts. By the end of the week, we’ll likely have a much clearer picture of where the economy is headed, how corporate America is performing, and what the next move from the Federal Reserve could be.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Contact [email protected] for any questions or corrections.

Apple Inc. (NASDAQ:AAPL) stock rose in Monday’s premarket trading as investor sentiment improved ahead of the opening bell. Nasdaq futures climbed 1.6%, while S&P 500 futures gained 0.97%.

Apple’s early gains largely tracked the broader rally in U.S. equity futures, with other mega-cap technology stocks also moving higher.

The stock is trading near a key resistance level around its recent highs. That makes even modest gains meaningful for short-term traders.

Investors are also positioning ahead of Apple’s quarterly earnings report later this week. As a result, trading could remain sensitive around key technical levels until the results are released.

AI Strategy In Focus: Apple Is Zigging While Big Tech Zags on AIApple’s artificial intelligence strategy is also drawing increased attention ahead of its earnings report.

Unlike Alphabet Inc., Meta Platforms Inc., Amazon.com Inc. and Microsoft Corp., Apple is not spending heavily on AI infrastructure or developing large foundation models. Instead, the company is leaning on its large installed base of consumer devices to deliver AI features.

Evercore ISI analyst Amit Daryanani told CNBC on Friday that Apple appears to view foundation models as less critical to long-term differentiation. That approach allows the company to avoid the heavy capital spending seen across the hyperscaler group while preserving greater flexibility to return cash to shareholders.

Needham analyst Laura Martin told CNBC on Saturday that Apple has chosen to position itself as the primary gateway between consumers and AI services rather than building its own foundation model.

Despite Android’s larger global market share, she said Apple is making a high-stakes wager that it can succeed without developing its own large AI model.

According to Martin, that strategy could either generate exceptional long-term returns if it proves successful or pose a significant existential risk to the company if it fails. She added that she believes Apple has made the wrong choice.

The key question for investors is whether Apple Intelligence can drive a new hardware upgrade cycle. The analyst pointed to faster iPhone replacement rates and improving demand in China as important metrics to watch.

Technical AnalysisApple traded at $334.00, just below its 52-week high of $334.99 reached in July. A move above $335 could attract momentum buyers, while failure to break through may trigger profit-taking.

The broader trend remains positive. The stock trades 6.2% above its 20-day simple moving average (SMA) of $314.39 and 20.9% above its 200-day SMA of $275.98.

The 20-day SMA remains above the 50-day SMA. In addition, the 50-day SMA continues to trade above the 200-day SMA following the golden cross that formed in September 2025. That setup suggests the longer-term uptrend remains intact.

Momentum indicators also support the bullish outlook. The moving average convergence divergence (MACD) indicator remains above its signal line, while the histogram is positive. Together, those signals point to strengthening buying momentum.

The next key resistance level is $335.00. Initial support sits near $287.50, an area where buyers have previously stepped in.

Earnings And Analyst OutlookApple is scheduled to report quarterly results on Thursday, July 30.

Wall Street expects earnings of $1.89 per share, up from $1.57 a year earlier. Revenue is projected to reach $108.86 billion, compared with $94.04 billion in the prior-year quarter.

The stock trades at 40.3 times earnings, reflecting a premium valuation.

Analysts maintain a consensus Buy rating with an average price forecast of $325.36. Recent rating changes include:

Morgan Stanley raised its price forecast to $364 on July 23 while maintaining an Overweight rating. HSBC upgraded the stock to Buy on July 17 and raised its price forecast to $366. KeyBanc downgraded Apple to Underweight on July 14 with a $250 price forecast. ETF ExposureBecause Apple represents such a large portion of these funds, strong ETF inflows or outflows can drive automatic buying or selling of the stock.

Price ActionAAPL Stock Price Activity: Apple shares were up 0.29% at $334.00 during premarket trading on Monday, according to Benzinga Pro data.

Image via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Nový týden nabídne celou řadu kvartálních výsledků. Ze společností obchodujících se na pražské burze bude reportovat Komerční banka, Erste a CTP. Ze zahraničních titulů bude pozornost upřena především na technologické giganty Microsoft, Metu, Amazon a Apple.

Přehled vybraných společností reportujících své výsledky v tomto týdnu (zdroj: síť X - Earnings Whispers)

Pondělí (27. 7.) Německo (před trhem): Hochtief

Eurozóna (po trhu): LVMH

Úterý (28. 7.) USA (před trhem): Coca-Cola, Boeing, UPS, Sherwin-Williams, American Tower Corp, PayPal

USA (po trhu): Mondelez International, Visa

Eurozóna (před trhem): Safran, Air Liquide, EssilorLuxottica

Německo (před trhem): Mercedes-Benz, TeamViewer

Středa (29. 7.) USA (před trhem): Procter&Gamble, SoFi

USA (po trhu): Meta Platforms, Microsoft, Qualcomm, Starbucks, Lam Research, General Dynamics

Eurozóna (před trhem): Eni, Hemers International, Danone, Intesa Sanpaolo

Eurozóna (po trhu): Vinci, Airbus, L´Oreal

Německo (před trhem): BASF, Nordex, Deutsche Bank

Německo (po trhu): Airbus

Čtvrtek (30. 7.) ČR (před trhem): Komerční banka, Erste Group Bank, CTP

USA (před trhem): Mastercard, Altria Group, Bristol-Myers Squibb, Southern

USA (po trhu): Apple, Amazon

Eurozóna (před trhem): Sanofi, ING Groep, Banco Bilbao Vizcaya Argentari, Schneider Electric, Anheuser-Busch, Ferrari

Eurozóna (po trhu): Enel, Cie de Saint-Gobain

Německo (před trhem): Draegerwerk, MTU Aero Engines, Heidelberg Materials, Siltronic, Adidas, Nemetschek, AIXTRON, Symrise, BMW

Pátek (31. 7.) USA (před trhem): AbbVie, Colgate-Palmolive, Linde, Chevron, ExxonMobil Holdings

Eurozóna (po trhu): AXA

Německo (před trhem): Siemens Healthineers, Hensoldt

Jako každé čtvrtletí jsme pro vás připravili podrobný kalendář pro ČR, USA a eurozónu.

Zdroj: Bloomberg, Earnings Whispers

Posted by Defense World Staff on Jul 26th, 2026

Cullinan Associates Inc. trimmed its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 400,906 shares of the iPhone maker’s stock after selling 45,850 shares during the quarter. Apple comprises 8.2% of Cullinan Associates Inc.’s holdings, making the stock its largest position. Cullinan Associates Inc.’s holdings in Apple were worth $101,746,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lifetime Wealth Management P.C. acquired a new stake in Apple during the 4th quarter valued at approximately $41,000. ROSS JOHNSON & Associates LLC increased its stake in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after acquiring an additional 180 shares during the period. LSV Asset Management acquired a new stake in shares of Apple in the fourth quarter worth $65,000. Timmons Wealth Management LLC purchased a new position in shares of Apple during the fourth quarter worth $69,000. Finally, Inspire Investing LLC purchased a new position in shares of Apple during the fourth quarter worth $76,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Trading Up 3.5% Shares of Apple stock opened at $333.02 on Friday. The firm has a 50-day simple moving average of $306.62 and a two-hundred day simple moving average of $279.01. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. Apple Inc. has a fifty-two week low of $201.50 and a fifty-two week high of $334.99. The company has a market cap of $4.89 trillion, a P/E ratio of 40.27, a price-to-earnings-growth ratio of 2.88 and a beta of 1.10.

Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.06. The firm had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.Apple’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.65 EPS. As a group, equities analysts predict that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio is currently 13.06%.

Analysts Set New Price Targets Several equities research analysts have commented on AAPL shares. Raymond James Financial set a $380.00 price target on shares of Apple in a report on Monday, July 20th. HSBC upgraded Apple from a “hold” rating to a “buy” rating and lifted their price objective for the company from $260.00 to $366.00 in a research note on Thursday, July 16th. KeyCorp downgraded Apple from a “sector weight” rating to an “underweight” rating and set a $250.00 target price on the stock. in a research note on Tuesday, July 14th. Maxim Group reaffirmed a “buy” rating and set a $350.00 target price (up from $310.00) on shares of Apple in a report on Tuesday, June 9th. Finally, BNP Paribas Exane raised Apple from a “neutral” rating to an “outperform” rating and set a $300.00 target price on the stock in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $327.40.

Get Our Latest Analysis on AAPL

Insider Buying and Selling at Apple In other news, insider Ben Borders sold 1,274 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the transaction, the insider owned 38,713 shares in the company, valued at $11,226,770. This trade represents a 3.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.06% of the stock is currently owned by insiders.

Apple News Roundup Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market? Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature. Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint. Apple Company Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

Featured Articles Five stocks we like better than Apple Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24 Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEBank of Nova Scotia Has $19.80 Million Stock Position in Teradyne, Inc. $TER

NEXT HEADLINE »D.A. Davidson & CO. Takes $341,000 Position in Credo Technology Group Holding Ltd. $CRDO

Posted by Defense World Staff on Jul 26th, 2026

Ferguson Wellman Capital Management Inc. grew its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 0.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,364,565 shares of the iPhone maker’s stock after purchasing an additional 5,015 shares during the quarter. Apple makes up 4.7% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 3rd largest holding. Ferguson Wellman Capital Management Inc.’s holdings in Apple were worth $346,313,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in AAPL. Reyes Financial Architecture Inc. boosted its stake in Apple by 0.4% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock valued at $2,520,000 after purchasing an additional 37 shares during the period. WESPAC Advisors LLC raised its holdings in shares of Apple by 0.3% during the fourth quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock valued at $3,351,000 after buying an additional 39 shares during the last quarter. Interactive Financial Advisors Inc. grew its holdings in Apple by 4.0% in the 4th quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker’s stock worth $286,000 after buying an additional 40 shares in the last quarter. Sugar Maple Asset Management LLC grew its holdings in Apple by 2.0% in the 1st quarter. Sugar Maple Asset Management LLC now owns 2,029 shares of the iPhone maker’s stock worth $515,000 after buying an additional 40 shares in the last quarter. Finally, Orion Investment Co increased its position in Apple by 0.3% in the 4th quarter. Orion Investment Co now owns 14,354 shares of the iPhone maker’s stock valued at $3,902,000 after acquiring an additional 41 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Apple In other news, insider Ben Borders sold 116 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the sale, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets A number of brokerages have issued reports on AAPL. Weiss Ratings reiterated a “buy (b-)” rating on shares of Apple in a research report on Wednesday, July 15th. Evercore reaffirmed an “outperform” rating on shares of Apple in a report on Wednesday, July 8th. Tigress Financial restated a “strong-buy” rating and set a $375.00 price target (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. Morgan Stanley set a $364.00 price objective on shares of Apple and gave the company an “overweight” rating in a report on Thursday. Finally, KeyCorp cut Apple from a “sector weight” rating to an “underweight” rating and set a $250.00 target price on the stock. in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Apple currently has an average rating of “Moderate Buy” and an average target price of $327.40.

Check Out Our Latest Stock Analysis on AAPL

Apple Stock Performance Shares of AAPL opened at $333.02 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. The firm’s 50 day moving average is $306.62 and its 200-day moving average is $279.01. Apple Inc. has a 12-month low of $201.50 and a 12-month high of $334.99. The stock has a market capitalization of $4.89 trillion, a P/E ratio of 40.27, a P/E/G ratio of 2.88 and a beta of 1.10.

Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.95 by $0.06. The business had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.65 earnings per share. Equities research analysts anticipate that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Increases Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were issued a $0.27 dividend. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s dividend payout ratio is currently 13.06%.

Key Stories Impacting Apple Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market? Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature. Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint. Apple Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

Read More Five stocks we like better than Apple Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINECalifornia Public Employees Retirement System Has $10.63 Million Holdings in Bank OZK $OZK

NEXT HEADLINE »Apple Inc. $AAPL Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Posted by Defense World Staff on Jul 26th, 2026

Banyan Capital Management Inc. cut its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 4.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,631 shares of the iPhone maker’s stock after selling 2,067 shares during the period. Apple accounts for 4.6% of Banyan Capital Management Inc.’s investment portfolio, making the stock its 8th largest holding. Banyan Capital Management Inc.’s holdings in Apple were worth $10,566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Glass Wealth Management Co LLC raised its stake in Apple by 3.9% during the 1st quarter. Glass Wealth Management Co LLC now owns 44,404 shares of the iPhone maker’s stock worth $11,269,000 after acquiring an additional 1,647 shares in the last quarter. Sovran Advisors LLC grew its holdings in shares of Apple by 11.1% during the first quarter. Sovran Advisors LLC now owns 114,881 shares of the iPhone maker’s stock worth $31,173,000 after purchasing an additional 11,492 shares during the last quarter. Signature Resources Capital Management LLC grew its holdings in shares of Apple by 5.0% during the first quarter. Signature Resources Capital Management LLC now owns 3,538 shares of the iPhone maker’s stock worth $898,000 after purchasing an additional 167 shares during the last quarter. S. R. Schill & Associates increased its position in shares of Apple by 44.1% during the first quarter. S. R. Schill & Associates now owns 1,151 shares of the iPhone maker’s stock worth $292,000 after purchasing an additional 352 shares in the last quarter. Finally, Summit Financial Strategies Inc. increased its position in shares of Apple by 1.8% during the first quarter. Summit Financial Strategies Inc. now owns 70,124 shares of the iPhone maker’s stock worth $17,797,000 after purchasing an additional 1,212 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets A number of analysts recently issued reports on AAPL shares. KeyCorp cut Apple from a “sector weight” rating to an “underweight” rating and set a $250.00 target price for the company. in a research report on Tuesday, July 14th. Tigress Financial reaffirmed a “strong-buy” rating and set a $375.00 price target (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. UBS Group set a $365.00 price objective on Apple in a research note on Tuesday. Jefferies Financial Group reissued a “hold” rating on shares of Apple in a report on Tuesday, June 9th. Finally, Citigroup restated a “buy” rating and set a $365.00 target price (up from $315.00) on shares of Apple in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and an average price target of $327.40.

Check Out Our Latest Stock Report on Apple

Key Apple News Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market? Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature. Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint. Apple Stock Performance Shares of AAPL stock opened at $333.02 on Friday. The stock’s 50-day moving average price is $306.62 and its 200 day moving average price is $279.01. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $4.89 trillion, a PE ratio of 40.27, a price-to-earnings-growth ratio of 2.88 and a beta of 1.10. Apple Inc. has a 52-week low of $201.50 and a 52-week high of $334.99.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company had revenue of $111.18 billion during the quarter, compared to analysts’ expectations of $109.46 billion. During the same period last year, the firm earned $1.65 EPS. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, equities research analysts forecast that Apple Inc. will post 8.76 EPS for the current year.

Apple Increases Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a dividend of $0.27 per share. This is a boost from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s dividend payout ratio is 13.06%.

Insider Buying and Selling at Apple In related news, insider Ben Borders sold 116 shares of Apple stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the transaction, the insider directly owned 38,713 shares in the company, valued at $11,425,754.82. This trade represents a 0.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is currently owned by corporate insiders.

Apple Company Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

See Also Five stocks we like better than Apple Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINENVIDIA Corporation $NVDA Shares Bought by Ethos Financial Group LLC

NEXT HEADLINE »Apple Inc. $AAPL Stake Cut by Farrow Financial Inc.

Posted by Defense World Staff on Jul 26th, 2026

Fifth Third Bancorp increased its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 53.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,161,758 shares of the iPhone maker’s stock after purchasing an additional 3,187,022 shares during the quarter. Apple comprises about 4.3% of Fifth Third Bancorp’s portfolio, making the stock its 2nd biggest position. Fifth Third Bancorp owned 0.06% of Apple worth $2,325,162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new stake in shares of Apple in the 4th quarter valued at $52,266,468,000. Nuveen LLC acquired a new stake in shares of Apple during the 1st quarter worth approximately $17,472,482,000. Cardano Risk Management B.V. raised its stake in shares of Apple by 890.7% during the fourth quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock worth $11,413,990,000 after buying an additional 37,746,784 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in shares of Apple by 20,464.8% during the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after buying an additional 26,937,401 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Apple by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock valued at $387,749,545,000 after buying an additional 26,856,752 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple News Roundup Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market? Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature. Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint. Apple Price Performance Shares of AAPL opened at $333.02 on Friday. The stock has a 50 day simple moving average of $306.62 and a 200 day simple moving average of $279.01. Apple Inc. has a 52-week low of $201.50 and a 52-week high of $334.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. The firm has a market capitalization of $4.89 trillion, a PE ratio of 40.27, a P/E/G ratio of 2.88 and a beta of 1.10.

Apple (NASDAQ:AAPL – Get Free Report) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.95 by $0.06. The firm had revenue of $111.18 billion for the quarter, compared to the consensus estimate of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period last year, the company posted $1.65 EPS. Sell-side analysts predict that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Increases Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. This is a boost from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is currently 13.06%.

Insider Activity In other news, insider Ben Borders sold 116 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the sale, the insider directly owned 38,713 shares in the company, valued at $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In A number of equities analysts have issued reports on the stock. Morgan Stanley set a $364.00 price objective on shares of Apple and gave the company an “overweight” rating in a research note on Thursday. Tigress Financial reiterated a “strong-buy” rating and set a $375.00 target price (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. Bank of America reissued a “buy” rating and issued a $380.00 price target on shares of Apple in a research note on Thursday, June 18th. Citigroup reaffirmed a “buy” rating and set a $365.00 price objective (up from $315.00) on shares of Apple in a research note on Monday, July 13th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Apple in a report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $327.40.

Check Out Our Latest Report on AAPL

About Apple (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

See Also Five stocks we like better than Apple Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24 Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEApple Inc. $AAPL Stake Cut by Farrow Financial Inc.

Posted by Defense World Staff on Jul 25th, 2026

Candriam S.C.A. raised its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 4.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,503,348 shares of the iPhone maker’s stock after acquiring an additional 149,720 shares during the period. Apple makes up about 4.6% of Candriam S.C.A.’s portfolio, making the stock its 3rd biggest holding. Candriam S.C.A.’s holdings in Apple were worth $889,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Lifetime Wealth Management P.C. acquired a new position in Apple during the fourth quarter valued at approximately $41,000. ROSS JOHNSON & Associates LLC boosted its holdings in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares in the last quarter. LSV Asset Management bought a new stake in shares of Apple during the 4th quarter worth $65,000. Timmons Wealth Management LLC bought a new stake in shares of Apple during the 4th quarter worth $69,000. Finally, Inspire Investing LLC acquired a new stake in Apple in the fourth quarter valued at about $76,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In AAPL has been the subject of several research reports. Bank of America reissued a “buy” rating and issued a $380.00 price objective on shares of Apple in a research note on Thursday, June 18th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Apple in a report on Monday, June 8th. Monness Crespi & Hardt raised their price objective on Apple from $315.00 to $335.00 and gave the company a “buy” rating in a report on Friday, May 1st. Royal Bank Of Canada set a $365.00 target price on Apple in a report on Wednesday, July 15th. Finally, UBS Group set a $365.00 price target on shares of Apple in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $327.40.

Read Our Latest Stock Report on AAPL

Apple Stock Performance Shares of AAPL stock opened at $333.02 on Friday. The firm’s 50 day moving average is $306.62 and its 200 day moving average is $279.01. The stock has a market capitalization of $4.89 trillion, a P/E ratio of 40.27, a PEG ratio of 2.78 and a beta of 1.10. Apple Inc. has a 12 month low of $201.50 and a 12 month high of $334.99. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. The company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.During the same period in the previous year, the company posted $1.65 EPS. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Increases Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were paid a $0.27 dividend. The ex-dividend date was Monday, May 11th. This represents a $1.08 annualized dividend and a yield of 0.3%. This is a boost from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio is currently 13.06%.

Key Stories Impacting Apple Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market? Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature. Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint. Insider Buying and Selling In other Apple news, insider Ben Borders sold 1,274 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $290.00, for a total value of $369,460.00. Following the completion of the transaction, the insider directly owned 38,713 shares of the company’s stock, valued at $11,226,770. This trade represents a 3.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.06% of the stock is currently owned by insiders.

Apple Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

Featured Stories Five stocks we like better than Apple AMD and Cerbras Create A New Blueprint For Hardware Intel Earnings Reveal Whether the Chip Selloff Created a Buy CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test Plugging In: How Kinder Morgan Powers Up Profits Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAlbertsons Companies (NYSE:ACI) Given New $13.00 Price Target at Royal Bank Of Canada

NEXT HEADLINE »Blodgett Wealth Advisors LLC Sells 1,800 Shares of Apple Inc. $AAPL

Posted by Defense World Staff on Jul 25th, 2026

Beacon Harbor Wealth Advisors Inc. grew its position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 11.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,387 shares of the iPhone maker’s stock after buying an additional 3,456 shares during the quarter. Apple makes up about 1.8% of Beacon Harbor Wealth Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position. Beacon Harbor Wealth Advisors Inc.’s holdings in Apple were worth $8,473,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. First National Bank of Hutchinson boosted its stake in Apple by 24.6% in the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock worth $8,845,000 after purchasing an additional 6,982 shares in the last quarter. Eagle Capital Management LLC increased its stake in shares of Apple by 0.5% in the fourth quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock valued at $13,544,000 after buying an additional 272 shares in the last quarter. Brighton Jones LLC raised its holdings in shares of Apple by 14.8% in the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock valued at $134,554,000 after buying an additional 69,207 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Apple by 4.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock valued at $16,742,000 after buying an additional 2,695 shares during the last quarter. Finally, Highview Capital Management LLC DE lifted its position in Apple by 2.4% during the 4th quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker’s stock worth $12,587,000 after buying an additional 1,155 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple News Roundup Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market? Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature. Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint. Apple Stock Up 3.5% AAPL stock opened at $333.02 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. The stock has a market capitalization of $4.89 trillion, a P/E ratio of 40.27, a P/E/G ratio of 2.78 and a beta of 1.10. Apple Inc. has a fifty-two week low of $201.50 and a fifty-two week high of $334.99. The business has a 50-day moving average of $306.62 and a 200-day moving average of $279.01.

Apple (NASDAQ:AAPL – Get Free Report) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. The business had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.Apple’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.65 EPS. On average, sell-side analysts anticipate that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Apple’s previous quarterly dividend of $0.26. The ex-dividend date was Monday, May 11th. Apple’s dividend payout ratio is 13.06%.

Insider Activity In other news, insider Ben Borders sold 116 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the sale, the insider owned 38,713 shares of the company’s stock, valued at $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by company insiders.

Analyst Ratings Changes A number of equities research analysts have commented on the stock. KeyCorp lowered shares of Apple from a “sector weight” rating to an “underweight” rating and set a $250.00 price objective on the stock. in a report on Tuesday, July 14th. TD Cowen increased their price target on shares of Apple from $335.00 to $350.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Wells Fargo & Company reissued an “overweight” rating and issued a $310.00 price target (up from $300.00) on shares of Apple in a report on Friday, May 1st. Bank of America restated a “buy” rating and issued a $380.00 price objective on shares of Apple in a research report on Thursday, June 18th. Finally, Wedbush reaffirmed an “outperform” rating and set a $400.00 price objective on shares of Apple in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $327.40.

Get Our Latest Report on AAPL

Apple Company Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

See Also Five stocks we like better than Apple AMD and Cerbras Create A New Blueprint For Hardware Intel Earnings Reveal Whether the Chip Selloff Created a Buy CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test Plugging In: How Kinder Morgan Powers Up Profits Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEBlodgett Wealth Advisors LLC Sells 1,800 Shares of Apple Inc. $AAPL

NEXT HEADLINE »Conning Inc. Sells 10,580 Shares of Apple Inc. $AAPL

Apple (NASDAQ: AAPL) has the potential to climb to $338 by August 1, 2026, according to a forecast generated by Finbold’s AI Agent.

Notably, the model aggregates predictions from several large language models and machine learning systems. 

The forecast implies a gain of about 17% from Apple’s Friday closing price of $287. Generated on July 25, the prediction covers the period through August 1 and incorporates technical indicators including the 50-day simple moving average (SMA), 200-day simple moving average, and other momentum signals.

AAPL stock price prediction. Source: Finbold Among the individual models, GPT-5.6 Terra delivered the most bullish forecast, projecting Apple stock at $340, representing an 18.42% increase. 

Gemini 3.5 Flash was the most conservative, forecasting a price of $335, while Claude Opus 4.8 projected $338 and Grok 4.5 predicted $339.

AAPL stock price prediction. Source: Finbold Apple stock price fundamentals  The AI forecast arrives as investors focus on Apple’s upcoming fiscal third-quarter earnings report, scheduled for July 30.

Several Wall Street firms have maintained bullish outlooks ahead of the release, citing strong revenue growth and resilient demand across Apple’s ecosystem.

Notably, analysts expect Apple to post earnings per share of $1.89, up from $1.65 in the same quarter a year earlier. Revenue is projected to reach approximately $109 billion, reflecting double-digit annual growth driven by continued strength in iPhone sales, Services revenue, and the company’s broader ecosystem.

The consensus estimates follow a strong fiscal second quarter, when Apple reported revenue of $111.18 billion and earnings per share of $2.01, exceeding analyst expectations on both metrics.

The earnings release could prove particularly important because Apple stock has recovered strongly from a June correction. 

The technology company regained momentum during July and briefly reclaimed the title of the world’s most valuable publicly traded company by market capitalization before investors shifted their focus to the upcoming earnings report.

Market participants are also closely monitoring management’s commentary on artificial intelligence investments, which have become a major driver of sentiment across the technology sector.

Recent earnings reports from large-cap technology companies have shown that investors remain sensitive to rising AI-related capital expenditures, even when revenue and profit results exceed expectations.

Best Crypto Exchange for Intermediate Traders and Investors

Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

Copy top-performing traders in real time, automatically.

eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!

Shares of Apple (AAPL +3.52%) climbed to near record highs on Friday, as investors applauded the iPhone maker's relatively modest artificial intelligence (AI) investments.

Image source: The Motley Fool.

Apple's conservative strategy is looking smarter by the minute Hyperscalers and other tech giants are spending staggering sums to build out their artificial intelligence (AI) infrastructure networks. For just two examples, Amazon and Alphabet are planning to spend a stunning $200 billion each in 2026 alone.

Today's Change

(

3.52

%) $

11.31

Current Price

$

332.97

Investors are beginning to question whether these massive capital expenditures will produce the type of returns they've grown accustomed to. Moreover, fears are mounting that the AI boom could be expanding into a bubble. Bubbles eventually burst -- and often lead to a crash.

You don't always need to spend money to make money Rather than spending hundreds of billions of dollars in a futile attempt to keep pace with the latest AI advances, Apple is partnering with other AI leaders to bring the products of their massive spending to its customers.

Apple has partnered with Alphabet, Nvidia, and OpenAI to bolster the AI features on its iPhones and other devices. It's also working with Chinese internet giants Alibaba and Baidu to offer AI-powered services in China.

This collaborative approach is prudent and cost-efficient. In turn, savvy investors are beginning to appreciate Apple's AI strategy more each passing day.

Joe Tenebruso has positions in Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Baidu, and Nvidia. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy.

Store

SubscribeSign In

My Subscriptions

Founder's ClubSwingTraderLeaderboardMarketSurgeeIBDIBD DigitalIBD LiveCustomer Center

My Stock Lists

Email Preferences

Help & Support

Sign Out

Search stocks or keywords

Sections

My IBD

MARKET TREND

STOCK LISTS

STOCK RESEARCH

NEWSECONOMY

VIDEOS & PODCASTS

HOW TO INVESTEDUCATIONAL RESOURCESStoreMy Products

Founder's ClubSwingTraderLeaderboardMarketSurgeeIBDIBD DigitalIBD Live

Recently Searched

United Rentals, These Other Top Stocks Hit Record Highs While Rest Of Market Snoozes

Nasdaq Dives As Red Sea Attacks Propel Oil Prices; Alphabet, Tesla Plunge Post-Earnings

Stocks Slammed As Oil, Yields Surge Again; Applied Materials, Viking, United Rentals In Focus

Rotation hit the Magnificent Seven as well as the market. Apple came out on top.

With a lot of rotation hitting the market, the Magnificent Seven haven't been immune. Apple stock rotated from a dormant basing pattern back to a dominant leader in recent months. With a highest possible IBD Composite Rating of 99, here's why Apple is back on top of our swing trading setup list in the megacap universe. Swing Trading Example: Apple…

Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Apple Inc. stock climbed 3% on Friday, outperforming much of the technology sector even as semiconductor stocks came under pressure.

The gains came after Baird raised its price target on the iPhone maker while maintaining an Outperform rating ahead of the company's upcoming quarterly earnings report.

The broader technology sector was weaker during the session. The Nasdaq Composite fell 0.19%, while shares of Intel, Micron and Advanced Micro Devices declined between 1% and 5%.

Apple's relative strength comes as investors prepare for the company's fiscal third-quarter earnings report, scheduled for July 30, and assess several product and software initiatives expected over the coming months.

William Power, Senior Research Analyst at Baird, raised the price target on Apple to $330 from $310 on Thursday while reiterating its Outperform rating.

The brokerage expects Apple to deliver solid fiscal third-quarter results, supported by continued iPhone demand and stable growth in its services business.

While memory pricing remains a headwind, Baird expects recent price increases to help offset some of that pressure.

The brokerage acknowledged that Apple's valuation appears elevated compared with historical levels but believes several factors continue to support the stock.

Port in the storm (of software and mega-cap tech capex). We expect solid FQ3 results, driven by strong iPhone growth and steady services trends. Memory pricing remains a daunting headwind, though price increases should ease the pressure. Valuation looks rich relative to past trends, suggesting much may be priced in, but we expect the strong free cash flow, upcoming product cycle and early positive comments on Siri AI to support the stock. We also think Street estimates over the NTM are set up well, with potential for further upside.

According to Baird, Apple generated approximately $129 billion in free cash flow over the last twelve months, while an upcoming product cycle and encouraging early commentary surrounding Siri AI could provide additional support for shares.

The firm also believes Wall Street earnings estimates for the next twelve months leave room for further upside.

Apple is scheduled to report earnings on July 30, with options markets implying a potential 3.5% move in the stock following the results.

Beyond earnings, investors are closely watching Apple's upcoming hardware refresh.

The company is preparing to introduce its next-generation M6 processor across its Mac lineup beginning this fall and extending into next year.

The refresh is expected to include updated 14-inch MacBook Pro models and new iMac computers, marking the first refresh for the desktop line in two years.

Apple is also preparing to launch Apple Upgrade, a new device leasing program backed by Klarna. The service is scheduled to become available in the United States on July 28.

Separately, Evercore ISI reiterated its Outperform rating and maintained a $365 price target following news of the Apple Upgrade program.

The investment firm also maintained its bullish stance after reports that Apple is engaged in settlement discussions with the US Department of Justice over an antitrust lawsuit filed in March 2024.

Apple is also expanding its presence in the automotive software market.

The company announced that Ford will become the first automaker to adopt its new MapKit for Automotive software development kit.

The technology will be integrated into dashboards across Ford's forthcoming electric vehicle platform and will also provide road data for the automaker's BlueCruise hands-free driving system.

The announcement marks a deeper expansion into vehicle software following Apple's decision two years ago to end its own electric vehicle project.

Unlike CarPlay, which primarily provides infotainment services, the new automotive software integrates Apple's mapping technology more directly into vehicle systems.

With earnings approaching, new hardware launches on the horizon and continued expansion into automotive software, investors will be closely watching whether Apple can sustain its recent outperformance amid broader volatility across the technology sector.

The hyperscalers, which are historically dominant technology enterprises, are planning to spend hundreds of billions of dollars this year to expand their computing infrastructure amid the ongoing artificial intelligence (AI) craze. Apple (AAPL +2.15%) is watching from the sidelines.

The market was critical of the Cupertino company's conservative approach. But with its share price up 22% in 2026 (as of July 21), the investment community is clearly rewarding the business. This perspective might prove to be right.

I predict that Apple will be a long-term AI winner. It comes down to the company's distribution advantage, superior user experience, and robust free cash flow (FCF).

Image source: Getty Images.

Distribution advantage During the company's Q1 2026 earnings call in January, CEO Tim Cook said that Apple's installed base hit a fresh record of more than 2.5 billion active devices. This gives the company an unrivaled distribution advantage, as Apple's hardware is ubiquitous. New AI features, whether launched by Apple or by other businesses, will likely be accessed by consumers via these products.

There's always a chance that AI enables the creation of an entirely new product by another company. But it doesn't seem likely anytime soon. In the second quarter (ended March 28), iPhone revenue jumped 21.7% year over year to $57 billion.

Differentiation creates value Apple Intelligence, which is what the business calls its AI offerings, is partly powered by the company's Apple Foundation Models, which were custom-built in collaboration with Alphabet's Gemini capabilities. Apple pays $1 billion per year for this ability.

There's a hybrid approach here. User requests are processed by models that run locally on devices for simpler tasks, while others that are more complex get routed to Apple's Private Cloud Compute infrastructure.

For the end user, though, it doesn't matter what AI model, graphics processing units, or data centers are being used. This is all happening in the background. The user experience is what matters most. This suggests that AI infrastructure will be commoditized, leaving value at the differentiated layer that is hardware, software, and services. These are the areas that Apple excels in.

Today's Change

(

2.15

%) $

6.93

Current Price

$

328.59

No hit to free cash flow Apple is staying out of the AI spending spree. At the same time, Amazon, Microsoft, Alphabet, and Meta Platforms are planning for roughly $700 billion in combined capital expenditures (capex) in 2026. Apple's capex is tiny by comparison, totaling just $4.3 billion in the last two quarters, as it doesn't need to rapidly build data center capacity.

Therefore, the business still produces massive FCF, to the tune of $78.3 billion in the first six months of fiscal 2026, up 63% year over year. This figure represented 30.7% of Apple's entire revenue. Consensus analyst estimates call for FCF to grow at a compound annual rate of 19.1% between fiscal 2025 and fiscal 2028.

At the end of the day, FCF is what drives a company's value. Unlike its big tech peers, Apple doesn't have to prove that its capex can eventually produce an adequate return.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.

Posted by Defense World Staff on Jul 24th, 2026

Elevated Capital Advisors LLC trimmed its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 8.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,998 shares of the iPhone maker’s stock after selling 4,274 shares during the quarter. Apple comprises 2.9% of Elevated Capital Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Elevated Capital Advisors LLC’s holdings in Apple were worth $11,674,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AAPL. Norges Bank acquired a new position in Apple during the 4th quarter valued at about $52,266,468,000. Nuveen LLC bought a new position in shares of Apple during the first quarter worth $17,472,482,000. Cardano Risk Management B.V. grew its stake in Apple by 890.7% in the fourth quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock valued at $11,413,990,000 after acquiring an additional 37,746,784 shares during the period. Laurel Wealth Advisors LLC grew its position in shares of Apple by 20,464.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock valued at $5,553,753,000 after purchasing an additional 26,937,401 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of Apple by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock worth $387,749,545,000 after acquiring an additional 26,856,752 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Buying and Selling at Apple In related news, insider Ben Borders sold 116 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the sale, the insider directly owned 38,713 shares in the company, valued at approximately $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.06% of the company’s stock.

Apple News Summary Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford will integrate Apple Maps and Apple software into upcoming lower-cost EVs and self-driving features, expanding Apple’s automotive footprint and creating another potential platform for its services ecosystem. Ford Will Use Apple Software in New Self-Driving System Positive Sentiment: Reports that Apple is preparing a smarter shopping assistant for the App Store and testing a more AI-driven buying experience suggest new ways to improve commerce, engagement, and monetization across its ecosystem. Apple Tests Smarter Shopping Experience Positive Sentiment: Wall Street sentiment remains constructive in places, with Morgan Stanley reportedly raising its Apple target and several pieces arguing Apple could be an underappreciated AI beneficiary as it readies new Macs, iMacs, and other hardware built for AI demand. Apple Plans To Overhaul Computers to Meet AI Demand Neutral Sentiment: Samsung’s new foldables and the broader “AI hardware” race are keeping Apple in the spotlight, but the news is mostly competitive context rather than a direct near-term catalyst. Negative Sentiment: Apple lost a key court bid, leaving a $634 million Apple Watch blood-oxygen patent verdict in place, which keeps legal overhangs alive and could raise investor concern about additional costs or product restrictions. Apple Fails to Overturn $634 Million Masimo Verdict Negative Sentiment: Multiple market notes point to Apple’s valuation being rich and the stock being vulnerable to volatility into earnings, with some analysts warning that momentum may be peaking after a strong run. Apple Trading Down 1.3% Shares of NASDAQ:AAPL opened at $321.66 on Friday. Apple Inc. has a 12-month low of $201.50 and a 12-month high of $334.99. The business has a 50 day moving average of $305.96 and a 200-day moving average of $278.63. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The stock has a market cap of $4.72 trillion, a PE ratio of 38.89, a P/E/G ratio of 2.81 and a beta of 1.10.

Apple (NASDAQ:AAPL – Get Free Report) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. The company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.65 earnings per share. As a group, equities research analysts forecast that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were issued a dividend of $0.27 per share. This is a boost from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s payout ratio is 13.06%.

Wall Street Analyst Weigh In A number of analysts have recently commented on AAPL shares. Rosenblatt Securities reissued a “neutral” rating and issued a $276.00 price objective on shares of Apple in a research report on Tuesday, June 9th. BNP Paribas Exane upgraded shares of Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price target on the stock in a research note on Friday, April 17th. HSBC upgraded shares of Apple from a “hold” rating to a “buy” rating and increased their price objective for the stock from $260.00 to $366.00 in a research note on Thursday, July 16th. Sanford C. Bernstein restated an “outperform” rating on shares of Apple in a report on Monday, June 8th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $400.00 target price on shares of Apple in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and an average price target of $326.83.

View Our Latest Stock Report on AAPL

Apple Company Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

Featured Articles Five stocks we like better than Apple Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEBank of Nova Scotia Purchases 738,783 Shares of Warner Bros. Discovery, Inc. $WBD

NEXT HEADLINE »Equitable Trust Co. Has $46.87 Million Stake in Apple Inc. $AAPL

Posted by Defense World Staff on Jul 24th, 2026

First National Bank & Trust Co. of Newtown lessened its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 17.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 115,232 shares of the iPhone maker’s stock after selling 23,605 shares during the quarter. Apple makes up approximately 6.3% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 3rd biggest holding. First National Bank & Trust Co. of Newtown’s holdings in Apple were worth $29,245,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Lifetime Wealth Management P.C. acquired a new position in shares of Apple during the fourth quarter worth approximately $41,000. ROSS JOHNSON & Associates LLC raised its stake in Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after acquiring an additional 180 shares in the last quarter. LSV Asset Management acquired a new position in Apple during the 4th quarter worth $65,000. Timmons Wealth Management LLC bought a new position in shares of Apple in the fourth quarter worth $69,000. Finally, 49 Wealth Management LLC grew its stake in shares of Apple by 15.7% in the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker’s stock worth $76,000 after purchasing an additional 40,543 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors.

Apple News Roundup Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford will integrate Apple Maps and Apple software into upcoming lower-cost EVs and self-driving features, expanding Apple’s automotive footprint and creating another potential platform for its services ecosystem. Ford Will Use Apple Software in New Self-Driving System Positive Sentiment: Reports that Apple is preparing a smarter shopping assistant for the App Store and testing a more AI-driven buying experience suggest new ways to improve commerce, engagement, and monetization across its ecosystem. Apple Tests Smarter Shopping Experience Positive Sentiment: Wall Street sentiment remains constructive in places, with Morgan Stanley reportedly raising its Apple target and several pieces arguing Apple could be an underappreciated AI beneficiary as it readies new Macs, iMacs, and other hardware built for AI demand. Apple Plans To Overhaul Computers to Meet AI Demand Neutral Sentiment: Samsung’s new foldables and the broader “AI hardware” race are keeping Apple in the spotlight, but the news is mostly competitive context rather than a direct near-term catalyst. Negative Sentiment: Apple lost a key court bid, leaving a $634 million Apple Watch blood-oxygen patent verdict in place, which keeps legal overhangs alive and could raise investor concern about additional costs or product restrictions. Apple Fails to Overturn $634 Million Masimo Verdict Negative Sentiment: Multiple market notes point to Apple’s valuation being rich and the stock being vulnerable to volatility into earnings, with some analysts warning that momentum may be peaking after a strong run. Analyst Ratings Changes AAPL has been the topic of a number of recent analyst reports. Sanford C. Bernstein restated an “outperform” rating on shares of Apple in a research note on Monday, June 8th. UBS Group set a $365.00 target price on shares of Apple in a research note on Tuesday. BNP Paribas Exane upgraded shares of Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price target on the stock in a research report on Friday, April 17th. Raymond James Financial set a $380.00 price target on shares of Apple in a research note on Monday. Finally, KGI Securities lowered shares of Apple from an “outperform” rating to a “hold” rating and set a $315.00 price objective on the stock. in a research note on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $326.83.

View Our Latest Report on Apple

Insider Activity In related news, insider Ben Borders sold 116 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the sale, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by corporate insiders.

Apple Price Performance Shares of NASDAQ AAPL opened at $321.66 on Friday. Apple Inc. has a twelve month low of $201.50 and a twelve month high of $334.99. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The firm has a 50-day moving average of $305.96 and a two-hundred day moving average of $278.63. The company has a market capitalization of $4.72 trillion, a price-to-earnings ratio of 38.89, a PEG ratio of 2.81 and a beta of 1.10.

Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.95 by $0.06. The business had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.65 earnings per share. As a group, analysts expect that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Increases Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were issued a dividend of $0.27 per share. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, May 11th. Apple’s dividend payout ratio (DPR) is presently 13.06%.

Apple Company Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

Featured Articles Five stocks we like better than Apple Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINE21,889 Shares in iShares MSCI Europe Financials ETF $EUFN Bought by Bessemer Group Inc.

NEXT HEADLINE »Bessemer Group Inc. Trims Stock Holdings in Loews Corporation $L

Posted by Defense World Staff on Jul 24th, 2026

DMC Group LLC grew its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 9.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 57,819 shares of the iPhone maker’s stock after buying an additional 4,872 shares during the period. Apple makes up about 9.9% of DMC Group LLC’s investment portfolio, making the stock its largest holding. DMC Group LLC’s holdings in Apple were worth $14,674,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in AAPL. Lifetime Wealth Management P.C. bought a new stake in Apple in the 4th quarter worth about $41,000. ROSS JOHNSON & Associates LLC lifted its holdings in shares of Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after buying an additional 180 shares during the period. LSV Asset Management bought a new position in shares of Apple during the 4th quarter valued at $65,000. Timmons Wealth Management LLC bought a new stake in shares of Apple in the fourth quarter worth $69,000. Finally, Inspire Investing LLC purchased a new position in Apple in the fourth quarter worth about $76,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Key Headlines Impacting Apple Here are the key news stories impacting Apple this week:

Positive Sentiment: Ford will integrate Apple Maps and Apple software into upcoming lower-cost EVs and self-driving features, expanding Apple’s automotive footprint and creating another potential platform for its services ecosystem. Ford Will Use Apple Software in New Self-Driving System Positive Sentiment: Reports that Apple is preparing a smarter shopping assistant for the App Store and testing a more AI-driven buying experience suggest new ways to improve commerce, engagement, and monetization across its ecosystem. Apple Tests Smarter Shopping Experience Positive Sentiment: Wall Street sentiment remains constructive in places, with Morgan Stanley reportedly raising its Apple target and several pieces arguing Apple could be an underappreciated AI beneficiary as it readies new Macs, iMacs, and other hardware built for AI demand. Apple Plans To Overhaul Computers to Meet AI Demand Neutral Sentiment: Samsung’s new foldables and the broader “AI hardware” race are keeping Apple in the spotlight, but the news is mostly competitive context rather than a direct near-term catalyst. Negative Sentiment: Apple lost a key court bid, leaving a $634 million Apple Watch blood-oxygen patent verdict in place, which keeps legal overhangs alive and could raise investor concern about additional costs or product restrictions. Apple Fails to Overturn $634 Million Masimo Verdict Negative Sentiment: Multiple market notes point to Apple’s valuation being rich and the stock being vulnerable to volatility into earnings, with some analysts warning that momentum may be peaking after a strong run. Apple Trading Down 1.3% Shares of NASDAQ AAPL opened at $321.66 on Friday. The stock has a market capitalization of $4.72 trillion, a P/E ratio of 38.89, a PEG ratio of 2.81 and a beta of 1.10. Apple Inc. has a 1-year low of $201.50 and a 1-year high of $334.99. The business’s 50 day moving average is $305.96 and its two-hundred day moving average is $278.63. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02.

Apple (NASDAQ:AAPL – Get Free Report) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.06. The business had revenue of $111.18 billion for the quarter, compared to the consensus estimate of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.65 earnings per share. As a group, research analysts expect that Apple Inc. will post 8.76 EPS for the current year.

Apple Increases Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were issued a $0.27 dividend. This is a boost from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, May 11th. Apple’s dividend payout ratio is presently 13.06%.

Wall Street Analysts Forecast Growth Several equities research analysts have recently commented on the stock. HSBC raised shares of Apple from a “hold” rating to a “buy” rating and upped their price target for the company from $260.00 to $366.00 in a research report on Thursday, July 16th. Rosenblatt Securities reissued a “neutral” rating and set a $276.00 price objective on shares of Apple in a research report on Tuesday, June 9th. Weiss Ratings restated a “buy (b-)” rating on shares of Apple in a research note on Wednesday, July 15th. Jefferies Financial Group reissued a “hold” rating on shares of Apple in a report on Tuesday, June 9th. Finally, Wedbush reiterated an “outperform” rating and set a $400.00 target price on shares of Apple in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $326.83.

View Our Latest Analysis on Apple

Insider Activity In other news, insider Ben Borders sold 1,274 shares of Apple stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $290.00, for a total value of $369,460.00. Following the sale, the insider directly owned 38,713 shares of the company’s stock, valued at $11,226,770. The trade was a 3.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.06% of the company’s stock.

Apple Profile (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

See Also Five stocks we like better than Apple Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEBessemer Group Inc. Sells 1,560 Shares of Corpay, Inc $CPAY

NEXT HEADLINE »Bessemer Group Inc. Buys 37,451 Shares of Huntington Bancshares Incorporated $HBAN

Something odd has happened to Apple (AAPL -1.27%) on Wall Street. The 47 analysts covering the stock still rate it a buy, on average. But their average 12-month price target is now about $319 -- slightly below the roughly $320 the stock trades for as of this writing. In other words, the analysts who recommend buying Apple are, collectively, forecasting that it goes nowhere for a year.

That's an unusual setup for one of the world's most valuable tech companies, and the timing sharpens it. Apple reports fiscal third-quarter results on July 30, one week from today.

So is Wall Street quietly saying the stock is fully valued? Or have the targets simply not caught up with a stock that has moved faster than the models tracking it? A little of both, I'd argue.

Image source: Apple.

What a below-price average actually says The average hides a wide spread. Price targets on Apple run from a low of $215 to a high of $400, and the median target of about $329 sits modestly above the current share price.

The ratings lean the same direction as the average rating suggests. Of the 47 analysts, 29 rate the stock a buy or better, 14 call it a hold, and only four recommend selling.

That combination of bullish ratings and flat targets usually shows up after a stock has made a big move in a short time. Apple qualifies. Shares trade about 59% above their 52-week low of $201.50, and they set a record high of $334.99 within the past week.

Price targets tend to trail a run like that, getting revised upward in steps as analysts refresh their models. Indeed, the revisions are still coming. Morgan Stanley just lifted its target to $364.

But it would be too easy to dismiss the flat average as pure lag. The targets also reflect a valuation that has expanded dramatically. Apple trades at about 40 times earnings, a big premium to where it sat for most of the past few years.

The business is backing it up for now. Revenue rose 17% year over year in the fiscal second quarter, and earnings per share climbed 22%. But a year ago, investors could buy the same company for a much smaller premium. The below-price average is Wall Street's way of saying most of that improvement is now in the price.

Today's Change

(

-1.27

%) $

-4.14

Current Price

$

321.75

The setup into July 30 That leaves next week's report carrying more weight than usual. Apple has scheduled its fiscal third-quarter results for Thursday, July 30. A 40-times-earnings multiple on a company sitting 4% from its record high leaves little cushion if growth cools.

There are reasons to expect the growth to hold. The company's recent momentum has been broad. iPhone revenue hit $57 billion in the March quarter, a record for the period and up 22% year over year, and the high-margin services business set an all-time revenue record of its own.

And Apple keeps adding potential catalysts. A reported device-leasing program with Klarna is reportedly set to launch on July 28 -- a move that could nudge iPhone revenue toward steadier, subscription-like behavior.

With that said, investors shouldn't count on the report to deliver another leg higher. When the average analyst target sits below the price, good news mostly confirms what's already priced in, while any wobble invites the stock to close the gap with the models. Apple doesn't need to disappoint for the stock to stall. It just needs to be ordinary for a quarter.

As for what I'd do, I wouldn't treat a below-price average target as a sell signal. Analyst targets chase the stock in both directions, and Apple remains one of the highest-quality businesses in the world, with staying power that's difficult to find anywhere else. It's a stock I'd continue holding for the long haul, and I'd still call it a top stock to buy and hold -- in moderation -- even at today's premium.

But the flat consensus is useful as a temperature check. It says the easy stretch of this run is probably over, and that returns from here likely have to be earned by the business quarter after quarter, because the valuation multiple has already done its expanding. Going into July 30, that's worth keeping in mind before expecting fireworks.

Apple (AAPL - Free Report) closed at $321.66 in the latest trading session, marking a -1.3% move from the prior day. This move lagged the S&P 500's daily loss of 1.21%. Meanwhile, the Dow experienced a drop of 0.97%, and the technology-dominated Nasdaq saw a decrease of 2.15%.

Shares of the maker of iPhones, iPads and other products witnessed a gain of 11.19% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.58%, and the S&P 500's gain of 0.42%.

Investors will be eagerly watching for the performance of Apple in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 30, 2026. The company's earnings per share (EPS) are projected to be $1.88, reflecting a 19.75% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $108.79 billion, reflecting a 15.69% rise from the equivalent quarter last year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $8.76 per share and a revenue of $479.05 billion, indicating changes of +17.43% and +15.11%, respectively, from the former year.

Investors should also take note of any recent adjustments to analyst estimates for Apple. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.09% higher. Apple presently features a Zacks Rank of #3 (Hold).

Digging into valuation, Apple currently has a Forward P/E ratio of 37.2. This represents a premium compared to its industry average Forward P/E of 23.5.

We can also see that AAPL currently has a PEG ratio of 2.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Computer - Micro Computers industry currently had an average PEG ratio of 2.81 as of yesterday's close.

The Computer - Micro Computers industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 19, finds itself in the top 8% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow AAPL in the coming trading sessions, be sure to utilize Zacks.com.

The pace of earnings reports is heating up. Notable stocks on deck to release second-quarter earnings next week include Apple AAPL-1.30%, Amazon.com AMZN-4.57%, Chipotle Mexican Grill CMG-0.59%, Meta Platforms META-3.36%, Microsoft MSFT-2.24%, PayPal Holdings PYPL+0.88%, Qualcomm QCOM-2.57% and Starbucks SBUX-0.74%.

After 15 years running Apple (AAPL -1.55%), Tim Cook will hand the CEO role to hardware chief John Ternus on Sept. 1, with Cook staying on as executive chairman. Ternus is a 25-year Apple veteran who helped launch the iPad and AirPods, so this is a carefully planned insider handoff, not a shake-up.

Here are three things Apple investors can reasonably expect from the leadership change.

Image source: Getty Images.

1. Continuity, not a revolution Apple did not hire an outsider with a mandate to tear things up. Ternus has spent his entire career inside Apple, and Cook will remain as executive chairman to smooth the transition. Expect the strategy, the disciplined supply chain, and the capital-return program to carry on largely unchanged in the near term.

Cook is an operations master; Ternus is an engineer who ran hardware for the iPhone, iPad, Mac, and Watch. That suggests a CEO with a sharper instinct for the products themselves, which could mean more aggressive bets on new hardware like foldable devices, smart glasses, and AI-infused gadgets.

2. Pressure to fix Apple's AI story This is the big one. Apple has been widely seen as lagging in artificial intelligence (AI), with Siri and Apple Intelligence both underwhelming users and investors. Ternus inherits the job of making Apple a credible AI player, likely by leaning on its strength in on-device AI and custom silicon. How he handles this will define his tenure.

Today's Change

(

-1.55

%) $

-5.04

Current Price

$

320.85

3. Steady shareholder returns Don't expect the cash machine to slow down. Apple's massive buybacks and growing dividend should continue, and the real profit engine, its high-margin services business, keeps expanding. In the near term, watch iPhone gross margins, which some view as a key signal of financial health.

Ternus takes over with the stock near all-time highs, but that cuts both ways. Expectations are elevated, so every early decision and product launch will face intense scrutiny, and the share price could be volatile as investors judge whether he can innovate or merely maintain. New CEOs are rarely given much patience.

The takeaway for investors The handoff from Cook to Ternus looks about as smooth as a leadership change at a multitrillion-dollar company can be, which should reassure long-term shareholders. The real questions are about the future, not the transition: Can Ternus close Apple's AI gap and reignite hardware innovation, while protecting the margins and cash returns that investors prize?

I would treat September as the start of a show-me period rather than a reason to buy or sell, and judge the new CEO by his products, not his first press release.