Rosenblatt Securities Reaffirms “Neutral” Rating for Apple (NASDAQ:AAPL)

Apple (NASDAQ:AAPL)‘s stock had its “neutral” rating reaffirmed by stock analysts at Rosenblatt Securities in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $303.00 target price on the iPhone maker’s stock. Rosenblatt Securities‘s price target suggests a potential downside of 10.44% from the stock’s current price.

Several other research analysts have also commented on AAPL. Evercore reissued an “outperform” rating on shares of Apple in a report on Tuesday, October 27th. Phillip Securities raised their target price on shares of Apple from $290.00 to $300.00 and gave the company a “neutral” rating in a research note on Monday, September 14th. Yorkville Ives assumed coverage on shares of Apple in a research report on Tuesday, October 6th. They set an “outperform” rating and a $400.00 target price for the company. Deutsche Bank Aktiengesellschaft lowered shares of Apple from a “buy” rating to a “hold” rating in a report on Monday, August 17th. Finally, Piper Sandler assumed coverage on shares of Apple in a research report on Monday, August 17th. They set an “overweight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $341.43.

Apple Price Performance

NASDAQ:AAPL opened at $338.32 on Tuesday. Apple has a 52-week low of $243.42 and a 52-week high of $351.73. The stock has a fifty day moving average of $333.62 and a 200 day moving average of $296.77. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The firm has a market capitalization of $4.94 trillion, a price-to-earnings ratio of 38.80, a P/E/G ratio of 2.72 and a beta of 1.07.

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

Insiders Place Their Bets

In other Apple news, SVP Deirdre O’brien sold 46,389 shares of Apple stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the transaction, the senior vice president directly owned 136,810 shares of the company’s stock, valued at approximately $45,615,190.20. This trade represents a 25.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the sale, the chief executive officer owned 59,567 shares of the company’s stock, valued at approximately $19,832,236.98. The trade was a 29.90% decrease in their ownership of the stock. 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. Insiders have sold 289,252 shares of company stock valued at $96,301,063 over the last 90 days. Company insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Apple

Several institutional investors and hedge funds have recently made changes to their positions in the business. Destiny Capital Corp CO increased its position in shares of Apple by 66.8% in the third quarter. Destiny Capital Corp CO now owns 2,804 shares of the iPhone maker’s stock valued at $934,000 after acquiring an additional 1,123 shares during the period. United Advisor Group LLC boosted its holdings in shares of Apple by 1.5% during the third quarter. United Advisor Group LLC now owns 89,381 shares of the iPhone maker’s stock worth $29,766,000 after purchasing an additional 1,289 shares during the period. OPTIMAS CAPITAL Ltd purchased a new stake in shares of Apple during the third quarter worth about $1,905,000. Prudent Man Investment Management Inc. grew its stake in shares of Apple by 2.7% in the third quarter. Prudent Man Investment Management Inc. now owns 14,666 shares of the iPhone maker’s stock worth $4,884,000 after purchasing an additional 380 shares during the last quarter. Finally, Plancorp LLC grew its stake in shares of Apple by 9.6% in the third quarter. Plancorp LLC now owns 124,667 shares of the iPhone maker’s stock worth $42,964,000 after purchasing an additional 10,956 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported fiscal Q4 revenue of $114.48 billion and earnings of $2.10 per share, exceeding Wall Street estimates of approximately $113.4 billion and $1.99, respectively. Revenue increased 11.7% year over year. Apple results beat Wall Street expectations on strong iPhone sales
• Positive Sentiment: Strong demand for the iPhone 18 Pro lineup and higher prices drove iPhone revenue, while Mac sales also surged. Apple said its active installed base reached an all-time high, supporting the long-term ecosystem outlook. Apple posts record September quarter under new CEO
• Positive Sentiment: Some analysts remain bullish, arguing that memory-cost challenges are manageable and that Apple could benefit from an AI-driven Mac upgrade cycle, education demand and new lower-priced Mac products. Citi maintained a Buy rating with a $365 price target. Apple strong September quarter and growth catalysts
• Neutral Sentiment: The results were John Ternus’s first earnings report as CEO. His early performance was viewed positively, but investors are seeking more clarity on Apple’s AI strategy, Siri and potential paid AI services. Apple CEO John Ternus faces investor questions
• Negative Sentiment: Management warned that “unprecedented” memory-chip inflation will pressure gross margins and that supply constraints for Macs and iPads could persist through the December quarter. Higher memory costs fuel Apple margin concerns
• Negative Sentiment: Holiday-quarter guidance disappointed investors because services growth is expected to slow while Apple absorbs higher AI-related cloud costs. China revenue, iPad sales and some other product categories also lagged expectations. Analysts assess Apple after earnings
• Negative Sentiment: A tariff refund contributed roughly one percentage point to gross margin and $0.05 to earnings per share, raising concerns about the quality and sustainability of part of the quarterly beat. Apple reports fourth-quarter results

Apple Company Profile

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.