Apple (NASDAQ:AAPL) Stock Gets Price Target Boost from Barclays

Apple (NASDAQ:AAPL – Get Free Report) had its price target lifted by analysts at Barclays from $245.00 to $261.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has an “underweight” rating on the iPhone maker’s stock. Barclays‘s price objective would suggest a potential downside of 22.85% from the stock’s current price.

A number of other research analysts have also commented on AAPL. Daiwa Securities Group boosted their price target on shares of Apple from $325.00 to $335.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Jefferies Financial Group reiterated an “underperform” rating on shares of Apple in a research report on Wednesday, September 9th. Evercore restated an “outperform” rating on shares of Apple in a research report on Tuesday, October 27th. JPMorgan Chase & Co. upped their target price on Apple from $340.00 to $360.00 and gave the stock an “overweight” rating in a research note on Monday, October 12th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $350.00 price target (up from $310.00) on shares of Apple in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and a consensus target price of $342.76.

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Apple Stock Down 1.8%

AAPL stock opened at $338.32 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $4.94 trillion, a PE ratio of 38.80, a PEG ratio of 2.72 and a beta of 1.07. Apple has a twelve month low of $243.42 and a twelve month high of $351.73. The stock has a 50-day simple moving average of $333.62 and a two-hundred day simple moving average of $296.77.

Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings data on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.11. The company had revenue of $114.48 billion during the quarter, compared to analyst estimates of $113.40 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. Apple’s revenue was up 11.7% compared to the same quarter last year. During the same period last year, the business earned $1.85 earnings per share. On average, equities analysts predict that Apple will post 8.75 EPS for the current fiscal year.

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $343.36, for a total transaction of $823,720.64. Following the transaction, the senior vice president directly owned 32,396 shares of the company’s stock, valued at approximately $11,123,490.56. This trade represents a 6.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kevan Parekh sold 1,392 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $345.05, for a total value of $480,309.60. Following the completion of the sale, the chief financial officer owned 17,539 shares of the company’s stock, valued at $6,051,831.95. The trade was a 7.35% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 289,252 shares of company stock valued at $96,301,063. 0.06% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Prospect Hill Management LLC bought a new position in shares of Apple during the second quarter valued at about $146,370,000. Focus Partners Advisor Solutions LLC purchased a new position in Apple during the 2nd quarter valued at about $168,646,000. Wealthfront Advisers LLC purchased a new position in Apple during the 2nd quarter valued at about $482,388,000. Satovsky Asset Management LLC purchased a new position in Apple during the 2nd quarter valued at about $16,064,000. Finally, Gouws Capital LLC raised its position in Apple by 136.9% during the 3rd quarter. Gouws Capital LLC now owns 37,504 shares of the iPhone maker’s stock valued at $12,490,000 after purchasing an additional 21,676 shares during the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

More Apple News

Here are the key news stories impacting Apple this week:

  • Positive Sentiment: Apple beat expectations with fiscal fourth-quarter revenue of $114.48 billion and earnings of $2.10 per share, supported by strong iPhone 18 Pro and Mac demand. Revenue increased 11.7% year over year, while the active installed base reached a record. Apple results beat Wall Street expectations on strong iPhone sales
  • Positive Sentiment: Apple’s fiscal first-quarter revenue outlook of $153.8 billion to $158.1 billion exceeded the roughly $152.6 billion analyst consensus, suggesting holiday demand remains solid despite supply constraints. Several analysts maintained Buy ratings, citing resilient iPhone demand and potential AI-driven growth. Apple Buy rating reaffirmed at $370 target
  • Neutral Sentiment: Apple declared a quarterly dividend of $0.27 per share, equivalent to a 0.3% yield. The company is also considering paid access to expanded, server-side Siri capabilities, which could eventually create a new services revenue stream but may increase near-term AI infrastructure costs. Apple forecasts slower services growth as AI costs rise
  • Negative Sentiment: Management warned that “unprecedented” memory-price increases will pressure gross margins and could constrain Mac and iPad supply through the December quarter. Investors are particularly concerned because Apple’s valuation is elevated, with a reported P/E near 39, leaving little room for disappointing guidance. Apple’s John Ternus faces early test as global memory crisis hurts profits
  • Negative Sentiment: Services growth is expected to slow, China revenue and iPad sales underperformed expectations, and part of the quarterly earnings benefit came from a $731 million tariff refund. Analysts remain divided: JPMorgan trimmed its target to $355, while Rosenblatt retained a Neutral rating with a $303 target. What analysts are saying as Apple’s stock falls after earnings

Apple Company Profile

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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.

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Analyst Recommendations for Apple (NASDAQ:AAPL)

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