Research Analysts’ Recent Ratings Changes for Apple (AAPL)

A number of research firms have changed their ratings and price targets for Apple (NASDAQ: AAPL):

• 5/12/2025 – Apple had its “overweight” rating reaffirmed by analysts at Morgan Stanley.
• 5/5/2025 – Apple had its “cautious” rating reaffirmed by analysts at Citigroup Inc..
• 5/2/2025 – Apple was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating.
• 5/2/2025 – Apple was downgraded by analysts at Scotiabank to a “market perform” rating.
• 5/2/2025 – Apple had its “underperform” rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $170.62 price target on the stock, up previously from $167.88.
• 5/2/2025 – Apple had its price target raised by analysts at Wedbush from $250.00 to $270.00. They now have an “outperform” rating on the stock.
• 5/2/2025 – Apple was downgraded by analysts at Rosenblatt Securities from a “buy” rating to a “neutral” rating. They now have a $217.00 price target on the stock.
• 5/2/2025 – Apple had its price target lowered by analysts at TD Cowen from $290.00 to $275.00. They now have a “buy” rating on the stock.
• 5/2/2025 – Apple had its price target lowered by analysts at Monness Crespi & Hardt from $260.00 to $245.00. They now have a “buy” rating on the stock.
• 5/2/2025 – Apple had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $225.00 price target on the stock.
• 5/2/2025 – Apple had its price target raised by analysts at DA Davidson from $230.00 to $250.00. They now have a “buy” rating on the stock.
• 5/1/2025 – Apple had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $263.00 price target on the stock.
• 4/30/2025 – Apple had its price target lowered by analysts at Barclays PLC from $197.00 to $173.00. They now have an “underweight” rating on the stock.
• 4/30/2025 – Apple had its price target lowered by analysts at Raymond James from $250.00 to $230.00. They now have an “outperform” rating on the stock.
• 4/30/2025 – Apple had its price target lowered by analysts at Loop Capital from $230.00 to $215.00. They now have a “hold” rating on the stock.
• 4/28/2025 – Apple had its price target raised by analysts at Morgan Stanley from $220.00 to $235.00. They now have an “overweight” rating on the stock.
• 4/24/2025 – Apple had its price target lowered by analysts at Bank of America Co. from $250.00 to $240.00. They now have a “buy” rating on the stock.
• 4/23/2025 – Apple had its price target lowered by analysts at UBS Group AG from $236.00 to $210.00. They now have a “neutral” rating on the stock.
• 4/23/2025 – Apple had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $259.00 to $256.00. They now have a “buy” rating on the stock.
• 4/22/2025 – Apple is now covered by analysts at China Renaissance. They set a “buy” rating and a $241.00 price target on the stock.
• 4/14/2025 – Apple was upgraded by analysts at KeyCorp from an “underweight” rating to a “sector weight” rating.
• 4/14/2025 – Apple had its price target lowered by analysts at JPMorgan Chase & Co. from $270.00 to $245.00. They now have an “overweight” rating on the stock.
• 4/14/2025 – Apple had its price target lowered by analysts at Citigroup Inc. from $275.00 to $245.00. They now have a “buy” rating on the stock.
• 4/14/2025 – Apple had its price target lowered by analysts at DA Davidson from $290.00 to $230.00. They now have a “buy” rating on the stock.
• 4/14/2025 – Apple had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $225.00 price target on the stock.
• 4/14/2025 – Apple had its price target raised by analysts at UBS Group AG to $236.00. They now have a “buy” rating on the stock.
• 4/9/2025 – Apple was upgraded by analysts at Jefferies Financial Group Inc. from an “underperform” rating to a “hold” rating. They now have a $167.88 price target on the stock, down previously from $202.33.
• 4/8/2025 – Apple had its price target lowered by analysts at KeyCorp from $200.00 to $170.00. They now have an “underweight” rating on the stock.
• 4/8/2025 – Apple had its price target lowered by analysts at Morgan Stanley from $252.00 to $220.00. They now have an “overweight” rating on the stock.
• 4/7/2025 – Apple had its price target lowered by analysts at Wedbush from $325.00 to $250.00. They now have an “outperform” rating on the stock.
• 4/4/2025 – Apple had its price target raised by analysts at Raymond James to $250.00. They now have a “buy” rating on the stock.
• 4/4/2025 – Apple had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $260.00 price target on the stock.
• 4/3/2025 – Apple had its price target raised by analysts at Tigress Financial from $295.00 to $300.00. They now have a “strong-buy” rating on the stock.
• 4/3/2025 – Apple had its price target lowered by analysts at Bank of America Co. from $265.00 to $250.00. They now have a “buy” rating on the stock.
• 4/3/2025 – Apple had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $263.00 price target on the stock.
• 4/2/2025 – Apple had its “buy” rating reaffirmed by analysts at Citigroup Inc..
• 4/2/2025 – Apple had its “strong-buy” rating reaffirmed by analysts at Tigress Financial.
• 3/18/2025 – Apple had its price target raised by analysts at Evercore ISI from $260.00 to $275.00. They now have an “outperform” rating on the stock.

Apple Trading Down 0.4%

NASDAQ AAPL opened at $211.45 on Friday. The company has a market cap of $3.16 trillion, a PE ratio of 33.56, a PEG ratio of 2.44 and a beta of 1.27. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. Apple Inc. has a 12 month low of $169.21 and a 12 month high of $260.10. The stock has a 50 day moving average of $206.28 and a 200-day moving average of $226.84.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Thursday, May 1st. The iPhone maker reported $1.65 EPS for the quarter, beating the consensus estimate of $1.62 by $0.03. The company had revenue of $95.36 billion during the quarter, compared to the consensus estimate of $94.04 billion. Apple had a return on equity of 160.83% and a net margin of 24.30%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.53 EPS. On average, equities research analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 12th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.49%. The ex-dividend date was Monday, May 12th. This is an increase from Apple’s previous quarterly dividend of $0.25. Apple’s dividend payout ratio is presently 16.20%.

Insider Activity

In other Apple news, COO Jeffrey E. Williams sold 35,493 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $224.01, for a total transaction of $7,950,786.93. Following the completion of the sale, the chief operating officer now owns 390,059 shares of the company’s stock, valued at $87,377,116.59. This trade represents a 8.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Timothy D. Cook sold 108,136 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $223.65, for a total value of $24,184,616.40. Following the sale, the chief executive officer now directly owns 3,280,295 shares of the company’s stock, valued at $733,637,976.75. This represents a 3.19% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 191,507 shares of company stock valued at $42,694,080. 0.06% of the stock is owned by insiders.

Institutional Investors Weigh In On Apple

Several hedge funds have recently added to or reduced their stakes in the business. Drystone LLC bought a new position in shares of Apple in the fourth quarter worth $25,000. Life Planning Partners Inc bought a new position in shares of Apple in the fourth quarter worth $47,000. Elite Financial Inc. bought a new position in shares of Apple in the first quarter worth $58,000. Conquis Financial LLC bought a new position in shares of Apple in the fourth quarter worth $63,000. Finally, LSV Asset Management bought a new position in shares of Apple in the fourth quarter worth $65,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

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.