Apple Stock: A Deep Dive Into Analyst Perspectives (15 Ratings)

In the latest quarter, 15 analysts provided ratings for Apple AAPL, showcasing a mix of bullish and bearish perspectives.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Apple, presenting an average target of $247.78, a high estimate of $325.00, and a low estimate of $184.00. This current average represents a 0.49% decrease from the previous average price target of $248.99.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Apple among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Apple. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Apple compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Apple's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Apple's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Apple analyst ratings.

Get to Know Apple Better

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

Financial Insights: Apple

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Over the 3 months period, Apple showcased positive performance, achieving a revenue growth rate of 6.07% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Apple's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.52% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Apple's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 23.83%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Apple's ROA excels beyond industry benchmarks, reaching 4.23%. This signifies efficient management of assets and strong financial health.

Debt Management: Apple's debt-to-equity ratio stands notably higher than the industry average, reaching 1.87. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

Which Stocks Are Analysts Recommending Now?

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This article was generated by Benzinga's automated content engine and reviewed by an editor.