Apple Stock Price | AAPL Stock Quote, News, and History | Markets Insider (2024)

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Benzinga

Apple Q2 Earnings Preview: Analyst Sees 'Turning Point In Sentiment,' Catalysts Ahead In Second Half Of 2024 For Tech Giant

The second quarter for Apple could show continued lower growth, but one analyst sees a turning point coming with catalysts for the tech giant in the later part of 2024.

Benzinga

Two Of America's Biggest Companies Have Made A 'Massive Bet' On China: 'They Can't Just Abandon…' Says Wedbush's Dan Ives

Two of America's biggest companies, which have made "massive" bets on China, Tesla and Apple cannot just abandon the country, says Dan Ives.

Benzinga

Wedbush's Dan Ives Says Apple Has 'Best Installed Base In The World' For Its AI Future: WWDC A 'Key Moment' For Cupertino

Wedbush's Dan Ives believes Apple's installed user base of 2 billion is the "best" in the world as far as its AI opportunity is concerned.

InvestorPlace

Price-to-Earnings Perfection: 3 Stocks With Ideal P/E Ratios

Apple Analyst Data

Total Analysts: 99

Buy Ratings: 67 Neutral Ratings: 30 Sell Ratings: 2

Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}

Price *Price Target

Lowest: 149.00 Median: 203.96 Highest: 250.00

*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Apple Analyst Opinions

  • All
  • Buy
  • Hold
  • Sell
DateAnalystRatingPrice
04/11/24J.P. MorganMaintained Buy$210gut
04/09/24Wedbush Morgan Securities Inc.Maintained Buy$250gut
04/01/24Loop CapitalMaintained Hold$170neutral
03/25/24UBSMaintained Hold$190neutral
03/21/24Wedbush Morgan Securities Inc.Maintained Buy$250gut
03/12/24Bank of America Merrill LynchMaintained Buy$225gut
03/05/24RosenblattMaintained Hold$189neutral
02/28/24Wedbush Morgan Securities Inc.Maintained Buy$250gut
02/12/24Wedbush Morgan Securities Inc.Maintained Buy$250gut
02/02/24J.P. MorganMaintained Buy$215gut
02/02/24Oppenheimer & Co. Inc.Maintained Buy$200gut
02/02/24Wedbush Morgan Securities Inc.Maintained Buy$250gut
02/02/24Barclays CapitalMaintained Sell$158schlecht
02/02/24Needham & Company, LLCMaintained Buy$220gut
01/31/24RosenblattMaintained Hold$189neutral
01/30/24Wedbush Morgan Securities Inc.Maintained Buy$250gut
01/18/24Bank of America Merrill LynchUpgraded to Buy$225gut
01/04/24Piper SandlerDowngraded to Hold$205neutral
01/03/24D.A. Davidson & Co.Maintained Hold$166neutral
01/02/24Barclays CapitalDowngraded to Sell$160schlecht
12/20/23Wedbush Morgan Securities Inc.Maintained Buy$250gut
12/11/23Wedbush Morgan Securities Inc.Maintained Buy$250gut
12/08/23Morgan StanleyMaintained Buy$220gut
11/24/23Wedbush Morgan Securities Inc.Maintained Buy$240gut
11/03/23RosenblattMaintained Hold$189neutral
11/03/23Morgan StanleyMaintained Buy$210gut
11/01/23Wedbush Morgan Securities Inc.Maintained Buy$240gut
10/31/23Needham & Company, LLCMaintained Buy$195gut
10/30/23Oppenheimer & Co. Inc.Maintained Buy$200gut
10/30/23Barclays CapitalMaintained Hold$166neutral
10/24/23Bank of America Merrill LynchMaintained Hold$173neutral
10/16/23Morgan StanleyMaintained Buy$210gut
10/09/23Barclays CapitalMaintained Hold$167neutral
10/09/23BernsteinMaintained Hold$195neutral
09/28/23EvercoreMaintained Buy$210gut
09/27/23UBSMaintained Hold$190neutral
09/26/23Bank of America Merrill LynchMaintained Hold$208neutral
09/25/23Morgan StanleyMaintained Buy$215gut
09/22/23Bank of America Merrill LynchMaintained Hold$208neutral
09/21/23J.P. MorganMaintained Buygut
09/19/23EvercoreMaintained Buy$210gut
09/19/23Barclays CapitalMaintained Hold$167neutral
09/18/23Wedbush Morgan Securities Inc.Maintained Buy$240gut
09/15/23Credit SuisseMaintained Buy$220gut
09/13/23Bank of America Merrill LynchMaintained Hold$208neutral
09/13/23Needham & Company, LLCMaintained Buy$195gut
09/12/23Wedbush Morgan Securities Inc.Maintained Buy$230gut
09/12/23RosenblattMaintained Hold$198neutral
09/08/23J.P. MorganMaintained Buy$230gut
09/07/23Wedbush Morgan Securities Inc.Maintained Buy$230gut

Apple Estimates* in USD

20242025202620272028
Revenue388,006411,487432,900512,534559,896
Dividend1.011.071.171.051.09
Dividend Yield (in %)0.58 %0.61 %0.67 %0.60 %0.62 %
EPS6.567.127.827.868.74
P/E Ratio26.6824.5822.3922.2820.03
EBIT120,631128,219136,186162,597180,926
EBITDA132,107139,539149,643159,089176,500
Net Profit100,967106,784114,511121,439135,652
Net Profit Adjusted101,397106,879112,938132,408147,014
Pre-Tax Profit120,120127,081136,118157,628175,016
Net Profit (Adjusted)118,425124,005135,742159,625-
EPS (Non-GAAP) ex. SOE6.557.138.798.72-
EPS (GAAP)6.567.127.827.868.74
Gross Income177,833187,879199,972232,868255,783
Cash Flow from Investing-10,124-11,497-12,722-11,404-11,518
Cash Flow from Operations116,784128,260140,783150,477165,766
Cash Flow from Financing-99,775-102,462-102,788-16,284-16,839
Cash Flow per Share7.458.339.28--
Free Cash Flow103,795113,624126,038139,074154,248
Free Cash Flow per Share6.647.898.969.009.94
Book Value per Share4.745.747.97--
Net Debt-52,583-31,717-45,145-391,939-529,347
Research & Development Exp.31,31933,27834,65441,87544,926
Capital Expenditure10,02810,93111,45511,40411,518
Selling, General & Admin. Exp.26,43827,60228,46132,67635,152
Shareholder’s Equity76,015105,418113,599387,438518,809
Total Assets365,495393,969380,220741,344895,842
Previous Quarter
ending 03/31/24
Current Quarter
ending 06/30/24
Next Quarter
ending 09/30/24
Current Year
ending 09/30/24
Next Year
ending 09/30/25
Earnings Estimates
No. of Analysts3231314139
Average Estimate1.512 USD1.325 USD1.541 USD6.563 USD7.124 USD
Year Ago1.520 USD1.260 USD1.460 USD6.130 USD6.563 USD
Publish Date2/1/20245/2/20247/24/2024--
Revenue Estimates
No. of Analysts2928283937
Average Estimate90,889 USD83,577 USD93,170 USD388,006 USD411,487 USD
Year Ago94,836 USD81,797 USD89,498 USD383,285 USD388,006 USD
Publish Date2/1/20245/2/20247/24/2024--

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Apple Insider Activity

NameDateshares tradedshares heldPricetype (sell/buy)option
LEVINSON ARTHUR D02/28/2024100,000.004,434,576.00180.94Sell No
GORE ALBERT JR01/31/20241,852.00468,995.00n/aBuy No
BELL JAMES A01/31/20241,852.0038,527.00n/aBuy No
JUNG ANDREA01/31/20241,852.0074,489.00n/aBuy No
LEVINSON ARTHUR D01/31/20241,852.004,534,576.00n/aBuy No
Gorsky Alex01/31/20241,852.004,023.00n/aBuy No
KONDO CHRIS11/28/20235,513.0029,174.00192.00Sell No
Adams Katherine L.11/16/2023123,448.00n/a188.79Sell No
Adams Katherine L.11/15/2023123,448.00293,266.00n/aSell No
Adams Katherine L.11/15/2023123,448.00123,448.00n/aBuy No
KONDO CHRIS11/09/20234,806.0034,687.00184.04Sell No
KONDO CHRIS10/14/20235,272.0039,493.00178.85Sell No
KONDO CHRIS10/14/202310,785.0044,765.00n/aBuy No
Maestri Luca10/08/202312,685.00107,661.00178.91Sell No
Maestri Luca10/08/202319,000.00120,346.00178.55Sell No
WILLIAMS JEFFREY E10/05/202369,785.00489,817.00177.00Sell No
Maestri Luca10/05/202332,010.00139,346.00177.89Sell No
O'BRIEN DEIRDRE10/02/20233,926.00136,445.00172.65Sell No
O'BRIEN DEIRDRE10/02/202361,610.00140,371.00172.08Sell No
Adams Katherine L.10/02/20236,800.00416,714.00173.24Sell No
Adams Katherine L.10/02/202332,886.00423,514.00172.23Sell No
Adams Katherine L.10/02/202325,850.00456,400.00171.62Sell No
COOK TIMOTHY D10/02/202385,682.003,280,053.00173.18Sell No
COOK TIMOTHY D10/02/202399,223.003,365,735.00172.52Sell No
COOK TIMOTHY D10/02/202355,664.003,464,958.00171.42Sell No

Apple Dividend Calendar

DateNameDividend*yieldCurrency
2023Apple Inc.0.940.55USD
2022Apple Inc.0.900.60USD
2021Apple Inc.0.850.58USD
2020Apple Inc.0.800.71USD
2019Apple Inc.0.751.37USD
2018Apple Inc.0.681.20USD
2017Apple Inc.0.601.56USD
2016Apple Inc.0.551.93USD
2015Apple Inc.0.491.73USD
2015Apple Inc.0.501.80USD
2014Apple Inc.0.461.81USD
2014Apple Inc.0.451.80USD
2013Apple Inc.0.412.39USD
2013Apple Inc.0.412.36USD
2012Apple Inc.0.100.40USD
2012Apple Inc.0.090.40USD
2011Apple Inc.0.000.00USD
2010Apple Inc.0.000.00USD
2009Apple Inc.0.000.00USD
2008Apple Inc.0.000.00USD
2007Apple Inc.0.000.00USD
2006Apple Inc.0.000.00USD
2005Apple Inc.0.000.00USD
2004Apple Inc.0.000.00USD
2003Apple Inc.0.000.00USD
2002Apple Inc.0.000.00USD
2001Apple Inc.0.000.00USD
2000Apple Inc.0.000.00USD
1999Apple Inc.0.000.00USD

*Yield of the Respective Date

Apple Inc. Calendar

EventEstimateInfoDate
Earnings Report1.325 USD Q2 2024 Earnings Release05/02/2024
Earnings Report1.541 USD Q3 2024 Earnings Release07/24/2024
Earnings Report- Q4 2024 Earnings Release10/24/2024
Earnings Report- Q1 2025 Earnings Release01/30/2025
Earnings Report- Q2 2025 Earnings Release04/24/2025

Apple Inc. Past Events

EventActual EPSInfoDate
Annual General Meeting -Annual General Meeting02/28/2024
Earnings Report 2.180 USDQ1 2024 Earnings Release02/01/2024
Press Conference --02/01/2024
Press Conference --11/02/2023
Press Conference --05/04/2023

Apple Profile

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services.

THE HISTORY OF APPLE’S STOCK PRICE BY MARKETS INSIDER

Apple’s initial public offering in 1980 raised more capital than any other IPO since Ford Motor Company in 1956. What’s more, it created instant millionaires out of about 300 employees. Apple’s stock price at IPO was $22 per share. (read more)

But it was a long road to these millions for Steve Jobs and Steve Wozniak, both college dropouts, who set out to design a user-friendly personal computer from the garage of Jobs’ parent`s house in Los Altos, California in Silicon Valley.

A local computer store chain, The Byte Shop, was planning to sell Steve Jobs’ bare circuit boards for $40 each, but instead was convinced to order 50 of Jobs’ fully assembled Apple I computers, paying $500 on each delivery.

Wozniak wasted no time in moving on to the Apple II. Released in 1977, the updated model kept many of the innovative features from the duo’s first machines, like the 60 character-per-second display screen and cassette interface, while adding more memory and colors to the display. Apple II sold at a minimum $1,298 price point, setting the stage for much bigger cash flow into a growing Apple.

In May 1980, just five months before its IPO, Apple released the third generation of its computer. Apple III, like Mac computers of today, forwent the cooling fan. Rather, the computer dissipated CPU heat through the machine’s chassis.

On December 12, 1980, Apple stock began trading on the Nasdaq at $22 per share. Steve Jobs, the largest shareholder, made $217 million on the first day of trading. By the end of trading on that Friday afternoon, Apple’s stock price had risen by almost 32%, closing near a stock price of $29 and resulting in a market value of $1.778 billion for Apple.

1981 saw Apple’s first shareholder meeting as a public company. Held at the Flint Center at De Anza College in Cupertino. Steve Jobs’ prepared speech was reportedly interrupted several times and eventually devolved into an emotionally-charged rant about respect and betrayal.

After Apple’s first two-for-one stock split in June 1987, shareholders received two shares at a stock price of $41.50 each for their stock which had closed the previous day at stock price of $78.50.

Throughout the 1990’s, Apple stock price would swing violently. Often times falling below as stock price of $10. But by the time the 2000 boom rolled around, Apple’s stock price skyrocketed above the $30 mark.

The year 2000 also brought about Apple’s second stock spell. On June 21, with Apple’s stock price at $101.25, Apple issued two shares to investors at $55.62.

Five years later, with Apple stock price at an ever-higher $88.99, Apple issued a third two-for-one stock split. At market close on February 28, Apple’s stock price was $44.88 per share.

Unfortunately, the financial crisis of the late 2000’s would spell an end to Apple’s good times. As concerns of Steve Jobs’ deteriorating health proliferated, Apple began diversifying from computers, adding consumer electronics like iPod and iPhone. The App Store would debut in the summer of 2008.

Four years later, in September 2012, when Apple’s stock price first broke $700 per share (accounting for stock splits), one share of Apple bought on IPO day would now be eight shares with an impressive overall return rate of 25,439%.

Thanks to the astronomical rise over the years, Apple split the stock again in June 2014, this time seven-for-one. Three years later, in 2017, with Tim Cook at the helm and a services business providing a bulk of revenue, Apple’s stock price is still steadily climbing.

Moody’s Daily Credit Risk Score

Risk

  • Low
  • Medium
  • High

2

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’sbalance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of creditrisk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes intoaccount day-to-day movements in market value compared to a company’s liability structure.

Apple Shareholder

Ownerin %
Freefloat99.91
Vanguard Group, Inc. (Subfiler)8.12
Berkshire Hathaway, Inc.5.86
Berkshire Hathaway, Inc. (Investment Management)5.86
State Street Corp.3.80
Vanguard Total Stock Market ETF3.00
Vanguard 500 Index Fund2.36
BlackRock Fund Advisors2.32
BlackRock Institutional Trust Co. NA2.09
Geode Capital Management LLC1.95
Fidelity Management & Research Co. LLC1.35
T Rowe Price Associates, Inc. (13F Subfiler)1.24
SPDR S&P 500 ETF Trust1.14
Norges Bank (13F)1.14
Fidelity 500 Index Fund1.14

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Apple Management

NameJob
Jonathan P. IveChief Design Officer
Timothy Donald CookChief Executive Officer & Director
Luca MaestriChief Financial Officer & Senior Vice President
Timothy CamposChief Information Officer
Jeffrey E. WilliamsChief Operating Officer
Carol A. SurfaceChief People Officer
Wanda M. AustinDirector
Ije NwokorieDirector-EMEA Retail Marketing
Elena SegalGlobal Director-Music Publishing
Frank CasanovaHead-Marketing, Augmented Reality
Arthur D. LevinsonIndependent Chairman
Alex GorskyIndependent Director
Monica Cecilia LozanoIndependent Director
Ronald D. SugarIndependent Director
Susan Lynne WagnerIndependent Director
Andrea JungIndependent Non-Executive Director
Tejas GalaInvestor Relations Contact
Katie KridelRetail Real Estate & Development Officer
Katherine L. AdamsSecretary, Senior Vice President & General Counsel
Steve MacManusSenior Director
Chris KondoSenior Director-Accounting
Ted KremenekSenior Director-Development Tools Department
Cherie M. FuzzellSenior Director-Global Alliances
Christian BubenheimSenior Manager
Benjamin BlatteisSenior Manager-Retail Real Estate & Development
Joyce LinSenior Manager-Retail Real Estate & Development
Anthony WuSenior Software Engineer
John GiannandreaSenior VP-Machine Learning & AI Strategy
John TernusSenior Vice President-Hardware Engineering
Johny SroujiSenior Vice President-Hardware Technologies
Sabih KhanSenior Vice President-Operations
Deirdre O'BrienSenior Vice President-Retail
Eduardo H. CueSenior Vice President-Services
Craig FederighiSenior Vice President-Software Engineering
Greg JoswiakSenior Vice President-Worldwide Marketing
Michael ShapiroTreasurer
Lisa P. JacksonVP-Environment, Policy & Social Initiatives
Kristina RaspeVP-Real Estate Development & Facilities
Isabel Ge MaheVice President & Managing Director-Greater China
Oliver SchusserVice President-Apple Music & International Content
Adrian PericaVice President-Corporate Development
Barbara WhyeVice President-Inclusion & Diversity
Brian HeaneyVice President-Industrial Design
Priya BalasubramaniamVice President-Operations
Kevin M. LynchVice President-Technology
Mike FengerVice President-Worldwide Sales
Apple Stock Price | AAPL Stock Quote, News, and History | Markets Insider (2024)

FAQs

What will Apple stock be worth in 2024? ›

The current price of #AAPL stock is $211.88. Mid-Year 2024: In the middle of 2024, Apple stock is expected to hit a ceiling of $237 based on analyses and AI predictions reported by various experts in the field. 2024 Year-End: At the end of 2024, AAPL stock may reach as high as $244.

Is Apple a buy or sell now? ›

Apple Inc.'s market capitalization is $3,277.96 B by 15.33 B shares outstanding. Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 68 buy ratings, 27 hold ratings, and 4 sell ratings.

What is Apple stock forecast for 5 years? ›

Analysts are expecting Apple to sustain double-digit earnings growth of 11% for the next five years. Based on its fiscal 2023 earnings of $6.13 per share, its bottom line could jump to $10.33 per share in five years.

How expensive is Apple stock? ›

Apple Price: 216.65 for June 17, 2024.

What is Apple stock return in the last 5 years? ›

How does undefined's 5 Year Price Total Return benchmark against competitors?
Name5 Year Price Total Return
Alphabet Inc Class A213.7%
ASUSTeK Computer Inc.228.7%
Microsoft Corporation241.2%
Apple Inc337.2%
8 more rows

How high can Apple stock go in 2025? ›

Long-Term Apple Stock Price Predictions
YearPredictionChange
2025$ 273.4427.60%
2026$ 348.9362.83%
2027$ 445.24107.78%
2028$ 568.15165.13%
2 more rows

How much higher will Apple stock go? ›

Analysts currently expect Apple's earnings per share to grow at about 8% annually in 2025 and 2026, according to FactSet. There could be some potential for AI-equipped iPhones to help buck those expectations.

Is Amazon stock a good buy right now? ›

Of the 66 Amazon stock analysts following the company, 95% hold a buy rating, according to FactSet. That's among the highest percentage for all stocks tracked by FactSet. Further, FactSet data shows those analysts have, on average, set a 12-month price target of 221.73 for Amazon stock, according to FactSet.

What will Apple stock be worth in 2040? ›

Apple, the world's largest company with a $2.81 trillion market cap, has grown at over 25% CAGR in the past decade. Based on the S&P 500's historical 11.1% ROI, Apple's stock could reach $1,093 by 2040 and $3,140 by 2050.

What is the best stock in past 5 years? ›

Best Performing Stocks Over the Last 5 Years
TickerCompany Name
1CELHCelsius Holdings
2SMCISuper Micro Computer
3NVDANvidia
4ELFe.l.f. Beauty
6 more rows
Jun 1, 2024

What is the prognosis for Apple stock? ›

AAPL Stock 12 Month Forecast

Based on 35 Wall Street analysts offering 12 month price targets for Apple in the last 3 months. The average price target is $210.86 with a high forecast of $275.00 and a low forecast of $164.00. The average price target represents a -1.60% change from the last price of $214.29.

Will Apple stock split again? ›

Will Apple stock split again? It seems unlikely that Apple will complete another stock divide in the near future. Share prices are still climbing (they are currently trading at around $186), however shares were worth close to $700 before the last split in 2014.

Who owns most of Apple stock? ›

Institutional investors account for roughly 60% of Apple's total outstanding stock. Insider investors, including Chair of the Board Art Levinson and CEO Tim Cook, control less than 1% of the company. Three of Apple's biggest shareholders are Vanguard, Blackrock, and Berkshire Hathaway.

What is the highest price ever for Apple stock? ›

The all-time high Apple stock closing price was 216.67 on June 17, 2024. The Apple 52-week high stock price is 220.20, which is 5% above the current share price. The Apple 52-week low stock price is 164.07, which is 21.8% below the current share price.

What was the cheapest Apple stock ever? ›

The lowest closing price for Apple (AAPL) all-time was $0.04, on July 8, 1982. The latest price is $214.38.

What is Apple making in 2024? ›

Apple will begin updating the Mac lineup with M4 chips starting in late 2024 and early 2025. iMac - The 24-inch iMac will be updated with the next-generation M4 chip in late 2024.

What will Apple stock be worth in 2050? ›

Key highlights:
20252050
AAPL stock forecast (S&P 500 historical 11.1% ROI)$202$3,140
AAPL stock forecast (QTEC historical 15.2% ROI)$209$8,294
AAPL stock forecast (Apple historical 25.1% ROI)$227$77,322
Feb 15, 2024

What will Amazon stock be in 2025? ›

Amazon Stock Prediction 2025

The Amazon stock prediction for 2025 is currently $ 234.82, assuming that Amazon shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 28.45% increase in the AMZN stock price.

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