Apple (NASDAQ:AAPL) Stock Price Expected to Rise, DA Davidson Analyst Says

Apple (NASDAQ:AAPL) had its target price raised by equities research analysts at DA Davidson from $230.00 to $250.00 in a report released on Friday,Benzinga reports. The firm presently has a “buy” rating on the iPhone maker’s stock. DA Davidson’s price objective suggests a potential upside of 21.74% from the stock’s current price. DA Davidson also issued estimates for Apple’s Q3 2025 earnings at $1.39 EPS, FY2025 earnings at $7.13 EPS and FY2026 earnings at $7.86 EPS.

A number of other equities analysts have also commented on AAPL. Bank of America dropped their price objective on Apple from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Thursday, April 24th. Raymond James dropped their price target on Apple from $250.00 to $230.00 and set an “outperform” rating on the stock in a research report on Wednesday. Maxim Group increased their price objective on Apple to $215.00 and gave the company a “hold” rating in a research report on Friday, February 21st. Monness Crespi & Hardt raised their price objective on shares of Apple to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Finally, Redburn Partners set a $230.00 target price on shares of Apple in a research note on Friday, January 31st. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Apple has an average rating of “Moderate Buy” and a consensus price target of $235.17.

Apple Trading Down 3.7 %

Shares of AAPL stock opened at $205.35 on Friday. Apple has a 12 month low of $169.21 and a 12 month high of $260.10. The company has a market cap of $3.08 trillion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26. The company has a quick ratio of 0.88, a current ratio of 0.92 and a debt-to-equity ratio of 1.26. The business’s 50 day moving average is $212.15 and its two-hundred day moving average is $228.61.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, May 1st. The iPhone maker reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.03. The business had revenue of $95.36 billion for the quarter, compared to analyst estimates of $94.04 billion. Apple had a net margin of 24.30% and a return on equity of 160.83%. Apple’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $1.53 EPS. Equities analysts predict that Apple will post 7.28 EPS for the current year.

Apple announced that its board has authorized a stock buyback program on Thursday, May 1st that permits the company to buyback $100.00 billion in shares. This buyback authorization permits the iPhone maker to reacquire up to 3.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity

In other Apple news, CEO Timothy D. Cook sold 108,136 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 3,280,295 shares in the company, valued at approximately $733,637,976.75. This trade represents a 3.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Jeffrey E. Williams sold 35,493 shares of the company’s stock in a transaction that occurred 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 transaction, the chief operating officer now owns 390,059 shares in the company, valued at $87,377,116.59. The trade was a 8.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 187,021 shares of company stock worth $41,760,140. Insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Drystone LLC bought a new stake in Apple during the 4th quarter worth about $25,000. Life Planning Partners Inc bought a new stake in shares of Apple during the fourth quarter worth approximately $47,000. Elite Financial Inc. acquired a new position in Apple in the first quarter valued at approximately $58,000. Conquis Financial LLC bought a new position in Apple in the fourth quarter valued at approximately $63,000. Finally, LSV Asset Management acquired a new stake in Apple during the 4th quarter worth $65,000. Institutional investors own 67.73% of the company’s stock.

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.