Apple (AAPL)

• Market cap: $2.96T
• 1 day: 1.39%
• 5 days: 5.85%
• 1 month: -7.95%
• 3 months: -14.35%
• 6 months: -15.15%
• Year to date: -19.22%
• 1 year: 17.25%
• 5 years: 178.61%
• 10 years: 531.55%
• Sector: Technology
• Industry: Consumer Electronics

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 disclosures by fund managers ($100M+ AUM)

587% more first-time investments, than exits

New positions opened: 673 | Existing positions closed: 98

13% more capital invested

Capital invested by funds: $2.14T [Q3] → $2.42T (+$277B) [Q4]

11% more funds holding in top 10

Funds holding in top 10: 2,971 [Q3] → 3,286 (+315) [Q4]

9% more funds holding

Funds holding: 5,017 [Q3] → 5,480 (+463) [Q4]

1.73% more ownership

Funds ownership: 60.43% [Q3] → 62.16% (+1.73%) [Q4]

2% more call options, than puts

Call options by funds: $66.2B | Put options by funds: $65.2B

23% less repeat investments, than reductions

Existing positions increased: 1,968 | Existing positions reduced: 2,552

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $168 15% downside
• Avg. target: $242 23% upside
• High target: $300 52% upside

15 analyst ratings

• positive: 11 73%
• neutral: 2 13%
• negative: 2 13%

Citigroup Atif Malik 19% 1-year accuracy 11 / 59 met price target	24% upside $245	Buy Maintained	14 Apr 2025
DA Davidson Gil Luria 25% 1-year accuracy 13 / 52 met price target	17% upside $230	Buy Maintained	14 Apr 2025
JP Morgan Samik Chatterjee 43% 1-year accuracy 32 / 74 met price target	24% upside $245	Overweight Maintained	14 Apr 2025
Needham Laura Martin 49% 1-year accuracy 163 / 333 met price target	14% upside $225	Buy Reiterated	14 Apr 2025
Jefferies Edison Lee 50% 1-year accuracy 1 / 2 met price target	15% downside $168	Hold Upgraded	9 Apr 2025