Research Analysts Set Expectations for Apple Q1 Earnings

Apple Inc. (NASDAQ:AAPL) – Analysts at Zacks Research increased their Q1 2025 EPS estimates for Apple in a research report issued to clients and investors on Thursday, November 21st. Zacks Research analyst A. Ganguly now forecasts that the iPhone maker will post earnings per share of $2.23 for the quarter, up from their prior estimate of $2.08. The consensus estimate for Apple’s current full-year earnings is $7.43 per share. Zacks Research also issued estimates for Apple’s Q3 2025 earnings at $1.54 EPS, Q4 2025 earnings at $1.79 EPS, FY2025 earnings at $7.24 EPS, Q1 2026 earnings at $2.26 EPS, Q2 2026 earnings at $1.96 EPS, Q3 2026 earnings at $1.96 EPS, Q4 2026 earnings at $2.17 EPS, FY2026 earnings at $8.36 EPS and FY2027 earnings at $10.40 EPS.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, October 31st. The iPhone maker reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.04. Apple had a return on equity of 152.94% and a net margin of 23.97%. The firm had revenue of $94.93 billion during the quarter, compared to analysts’ expectations of $94.52 billion. During the same period in the previous year, the firm earned $1.46 earnings per share. The company’s revenue was up 6.1% on a year-over-year basis.

A number of other research analysts also recently weighed in on the stock. Loop Capital decreased their target price on shares of Apple from $300.00 to $275.00 and set a “buy” rating for the company in a research report on Monday, November 4th. UBS Group increased their price target on Apple to $236.00 and gave the company a “hold” rating in a research note on Tuesday, November 12th. Citigroup increased their price target on shares of Apple to $185.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Oppenheimer reissued a “buy” rating and set a $250.00 target price on shares of Apple in a report on Tuesday, October 1st. Finally, Needham & Company LLC restated a “buy” rating and set a $260.00 price objective on shares of Apple in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Apple has a consensus rating of “Moderate Buy” and a consensus target price of $235.25.

Apple Stock Performance

Shares of Apple stock opened at $229.87 on Monday. The firm has a market cap of $3.47 trillion, a price-to-earnings ratio of 37.81, a price-to-earnings-growth ratio of 2.24 and a beta of 1.24. The stock’s 50-day moving average is $227.73 and its 200-day moving average is $218.30. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.87 and a quick ratio of 0.83. Apple has a one year low of $164.07 and a one year high of $237.49.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, November 11th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend was Friday, November 8th. Apple’s dividend payout ratio (DPR) is presently 16.45%.

Insider Buying and Selling at Apple

In other Apple news, CEO Timothy D. Cook sold 223,986 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $224.46, for a total transaction of $50,275,897.56. Following the sale, the chief executive officer now owns 3,280,180 shares in the company, valued at approximately $736,269,202.80. This trade represents a 6.39 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Katherine L. Adams sold 61,019 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $226.20, for a total value of $13,802,497.80. Following the sale, the senior vice president now directly owns 187,043 shares in the company, valued at approximately $42,309,126.60. This represents a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 408,170 shares of company stock worth $92,007,745. 0.06% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Apple

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bull Oak Capital LLC lifted its position in Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock worth $36,000 after buying an additional 111 shares during the last quarter. Hershey Financial Advisers LLC bought a new position in Apple in the 2nd quarter valued at $42,000. Christopher J. Hasenberg Inc increased its stake in Apple by 88.9% in the third quarter. Christopher J. Hasenberg Inc now owns 306 shares of the iPhone maker’s stock worth $69,000 after purchasing an additional 144 shares during the period. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Apple during the third quarter valued at $77,000. Finally, ARK Investment Management LLC purchased a new position in Apple in the 3rd quarter worth about $110,000. 60.41% of the stock is owned by institutional investors.

About Apple

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.