Apple Inc. (NASDAQ:AAPL) Stock Has Average Price Target of $340.39 According to Brokerages

Shares of Apple Inc. (NASDAQ:AAPL) have received a consensus recommendation of “Moderate Buy” from the forty-three ratings firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $340.12.

Several research analysts have weighed in on the company. DZ Bank downgraded Apple from a “buy” rating to a “hold” rating and set a $310.00 price target for the company. in a research note on Tuesday, August 4th. Arete Research boosted their target price on shares of Apple from $305.00 to $335.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Phillip Securities upped their target price on shares of Apple from $290.00 to $300.00 and gave the stock a “neutral” rating in a research report on Monday, September 14th. Maxim Group upped their target price on shares of Apple from $350.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Loop Capital cut shares of Apple from a “buy” rating to a “hold” rating and cut their target price for the company from $370.00 to $330.00 in a research note on Tuesday.

Apple Stock Performance

NASDAQ AAPL opened at $343.99 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. Apple has a twelve month low of $243.42 and a twelve month high of $348.15. The business has a 50-day moving average price of $328.05 and a 200-day moving average price of $308.42. The firm has a market cap of $5.02 trillion, a price-to-earnings ratio of 39.45, a price-to-earnings-growth ratio of 2.69 and a beta of 1.07.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%. The company had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. During the same quarter last year, the company earned $1.57 EPS. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. As a group, equities research analysts predict that Apple will post 8.75 EPS for the current fiscal year.

Apple Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple’s payout ratio is presently 12.39%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand: Apple said only limited quantities of its $1,999 foldable iPhone Duo will be available for walk-in customers when it launches October 23. Online orders reportedly sold out within minutes, with some delivery estimates extending into January 2027. The demand signals support premium pricing and could make the new product a meaningful revenue catalyst. Apple will have limited iPhone Duo units available in stores
• Positive Sentiment: Upcoming product catalyst: Apple’s October 28 event is expected to feature new Pro Macs, potentially including a touchscreen MacBook Pro and M6-powered systems. A successful launch could strengthen expectations for renewed Mac growth and broaden Apple’s hardware lineup. Apple product event scheduled for October 28
• Positive Sentiment: Expansion and ecosystem support: Apple’s India business reportedly delivered 31% revenue growth and 66% profit growth in fiscal 2026. Separately, Apple Wallet car-key support is expanding to selected General Motors vehicles, extending the reach of Apple’s services ecosystem.
• Neutral Sentiment: Supply-chain investment: Apple plans to commit up to $100 million to a U.S. titanium supplier over three years. The move may improve domestic sourcing and support iPhone Duo production, but it also highlights manufacturing constraints and does not immediately change earnings expectations. Apple commits to U.S. titanium manufacturing
• Neutral Sentiment: Insider selling: Two Apple insiders sold shares, with at least one transaction identified as covering tax withholding on vested equity awards. The sales are relatively small and do not clearly indicate weakening confidence.
• Negative Sentiment: Downgrade and valuation concerns: Loop Capital cut AAPL to Hold and lowered its price target to $330, citing weaker iPhone shipment expectations. UBS also warned that rising memory and component costs could pressure gross margins ahead of the November 2 earnings report. With Apple trading at roughly 39 times earnings and near its annual high, investors may demand stronger growth to justify the premium valuation. Loop Capital downgrades Apple on iPhone concerns
• Negative Sentiment: Regulatory risk: UK competition regulators are proposing easier access for rival contactless payment services on the iPhone, which could increase competition for Apple Pay and modestly weaken the services ecosystem.

Insider Activity at Apple

In other Apple news, CEO John Ternus sold 25,412 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the transaction, the chief executive officer owned 59,567 shares of the company’s stock, valued at $19,832,236.98. This represents a 29.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy Cook sold 191,753 shares of the firm’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $332.96, for a total value of $63,846,078.88. Following the transaction, the insider owned 3,264,168 shares of the company’s stock, valued at approximately $1,086,837,377.28. The trade was a 5.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 284,454 shares of company stock worth $94,662,594 over the last 90 days. Company insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Apple

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AAPL. McCarley & Cook Financial Planners boosted its position in shares of Apple by 2.3% during the 3rd quarter. McCarley & Cook Financial Planners now owns 1,602 shares of the iPhone maker’s stock valued at $533,000 after acquiring an additional 36 shares during the last quarter. Kooman & Associates grew its holdings in shares of Apple by 5.4% in the third quarter. Kooman & Associates now owns 9,032 shares of the iPhone maker’s stock valued at $3,008,000 after purchasing an additional 463 shares in the last quarter. Crescent Grove Advisors LLC grew its holdings in shares of Apple by 0.5% in the third quarter. Crescent Grove Advisors LLC now owns 73,971 shares of the iPhone maker’s stock valued at $24,634,000 after purchasing an additional 377 shares in the last quarter. Cardinal Capital Management increased its position in Apple by 0.4% in the third quarter. Cardinal Capital Management now owns 86,800 shares of the iPhone maker’s stock worth $28,906,000 after purchasing an additional 366 shares during the last quarter. Finally, Oakmont Investment Advisors Inc. increased its position in Apple by 1.2% in the third quarter. Oakmont Investment Advisors Inc. now owns 21,397 shares of the iPhone maker’s stock worth $7,126,000 after purchasing an additional 244 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Apple Company Profile

Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.