AppleAAPL
About: Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
Employees: 164,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
484% more first-time investments, than exits
New positions opened: 578 | Existing positions closed: 99
10% more capital invested
Capital invested by funds: $2.18T [Q3] → $2.4T (+$226B) [Q4]
5% more funds holding in top 10
Funds holding in top 10: 2,969 [Q3] → 3,131 (+162) [Q4]
5% more funds holding
Funds holding: 5,002 [Q3] → 5,231 (+229) [Q4]
3% more call options, than puts
Call options by funds: $64.7B | Put options by funds: $63.1B
0.34% more ownership
Funds ownership: 61.57% [Q3] → 61.91% (+0.34%) [Q4]
23% less repeat investments, than reductions
Existing positions increased: 1,903 | Existing positions reduced: 2,470
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Citigroup Atif Malik 69% 1-year accuracy 35 / 51 met price target | 11%upside $275 | Buy Maintained | 31 Jan 2025 |
Needham Laura Martin 74% 1-year accuracy 250 / 336 met price target | 5%upside $260 | Buy Reiterated | 31 Jan 2025 |
Morgan Stanley Erik Woodring 61% 1-year accuracy 19 / 31 met price target | 11%upside $275 | Overweight Maintained | 31 Jan 2025 |
Evercore ISI Group Amit Daryanani 72% 1-year accuracy 36 / 50 met price target | 5%upside $260 | Outperform Maintained | 31 Jan 2025 |
B of A Securities Wamsi Mohan 82% 1-year accuracy 70 / 85 met price target | 7%upside $265 | Buy Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 460 articles about AAPL published over the past 30 days
