BofA/Merrill Lynch Reiterates Buy Rating on Apple (AAPL)

Macquarie Reiterates Neutral Rating on Apple (AAPL) Following New Hire Reports

Macquarie analyst, Benjamin Schachter, reiterated a Neutral rating and $190.00 price target on Apple (NASDAQ: AAPL) following reports that the company "poached" Intel's (NASDAQ: INTC) head of modem development last week. Mr. Messay Amerga was... More

Active options: AAPL AMD TSLA BAC QCOM NFLX BABA FB MSFT CVS GE

Active options: AAPL AMD TSLA BAC QCOM NFLX BABA FB MSFT CVS GE

Apple (AAPL) Hits Session High, Up 7.1% at $215

Apple (NASDAQ: AAPL) Hits Session High, Up 7.1% at $215

Apple (AAPL) PT Raised to $230 at Baird

Baird analyst William Power raised the price target on Apple (NASDAQ: AAPL) to $230.00 (from $225.00) while maintaining a Outperform rating.

Active options: AAPL AMD CVS FB QCOM NFLX BAC TWTR NVDA DIS

Active options: AAPL AMD CVS FB QCOM NFLX BAC TWTR NVDA DIS

Apple (AAPL) Revenues Declines Likley Bottomed in March Quarter - Cleveland

Apple (NASDAQ: AAPL) revenue declines likely bottomed in March quarter says Cleveland Research. Sees EPS moving lower on higher expenses.

Can Apple's (AAPL) Guidance Be Trusted? - Bernstein

Bernstein analyst Toni Sacconaghi reiterated a Market Perform rating and $190.00 price target on Apple (NASDAQ: AAPL) after the company offered Q3 revenue guidance that was much better than expected. Revenue guidance of $52.5 54.5B was above the high end of the analyst's expectation of $50... More

Pre-Open Stock Movers 05/01: (NUS) (CVS) (AAPL) Higher; (HRTX) (NBRV) (EXTR) Lower (more...)

Today's Pre-Open Movers

Heron Therapeutics, Inc. (Nasdaq: HRTX) 24% LOWER; announced that it received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) on April 30, 2019 regarding its New Drug Application (NDA) for HTX-011 for the management of postoperative pain.

Nabriva Therapeutics plc (NASDAQ:... More

Apple (AAPL) PT Raised to $245 at Canaccord Genuity

Canaccord Genuity analyst T. Michael Walkley raised the price target on Apple (NASDAQ: AAPL) to $245.00 (from $230.00) while maintaining a Buy rating.

Apple (AAPL) PT Raised to $240 at FBN Securities

FBN Securities analyst Shebly Seyrafi raised the price target on Apple (NASDAQ: AAPL) to $240.00 (from $190.00) while maintaining a Outperform rating.

Apple (AAPL) PT Raised to $200 at Wolfe Research

Wolfe Research analyst Steven Milunovich raised the price target on Apple (NASDAQ: AAPL) to $200.00 (from $185.00) while maintaining a Peerperform rating.

Apple (AAPL) PT Raised to $240 at Morgan Stanley

Morgan Stanley raised its price target on Apple (NASDAQ: AAPL) to $240.00 (from $234.00) while maintaining a Overweight rating.

Apple (AAPL) PT Raised to $245 at Cowen

Cowen raised its price target on Apple (NASDAQ: AAPL) to $245.00 (from $220.00) while maintaining a Outperform rating.

Apple (AAPL) PT Raised to $215 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the price target on Apple (NASDAQ: AAPL) to $215.00 (from $190.00) while maintaining a Market Perform rating.

Apple (AAPL) PT Raised to $180 at Nomura/Instinet

Nomura/Instinet analyst Jeffrey Kvaal raised the price target on Apple (NASDAQ: AAPL) to $180.00 (from $170.00) while maintaining a Neutral rating following the company's 2Q earnings report. Strong Watch and AirPod demand plus a healthy quarter from the new iPad Pro lifted F2Q... More

UBS Reiterates Buy Rating on Apple (AAPL)

UBS analyst Timothy Arcuri reiterated a Buy rating and $235.00 price target on Apple (NASDAQ: AAPL)

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $212.44 yesterday.

Apple (AAPL) PT Raised to $240 at Morgan Stanley

Morgan Stanley analyst Katy Huberty raised the price target on Apple (NASDAQ: AAPL) to $240.00 (from $234.00) while maintaining a Overweight rating following the company's March quarter results and June quarter guidance. Apple beat consensus revenue by 1% and EPS by 3% driven largely by iPhone,... More

Apple (AAPL) PT Raised to $235 at Wedbush

Wedbush analyst Daniel Ives raised the price target on Apple (NASDAQ: AAPL) to $235.00 (from $225.00) while maintaining a Outperform rating.

BofA Sees 10 Reasons for Material Upside in Apple (AAPL) PT to $230

BofA/Merrill Lynch analyst Wamsi Mohan raised the price target on Apple (NASDAQ: AAPL) to $230.00 (from $220.00) while maintaining a Buy rating after the company reported results highlighting that the recent initiative increased trade-in activity across geographies, especially China. This includes simplifying the trade-in... More

Apple (AAPL) Services Growth Now Driving Sentiment, PT to $230 at Piper Jaffray

Piper Jaffray analyst Michael Olson raised the price target on Apple (NASDAQ: AAPL) to $230.00 (from $201.00) while maintaining a Overweight rating after the company reported March quarter revenue and EPS ahead of the Street 91% and 4%). Services revenue increased 16% y/y and was also... More

Apple (AAPL) Could Return to Growth in Q3 PT to $235 at JPMorgan

JPMorgan analyst Samik Chatterjee raised the price target on Apple (NASDAQ: AAPL) to $235.00 (from $230.00) while maintaining a Overweight rating after the company reported F2Q19 revenue of $58 bn (-5% y/y) and guided to F3Q19 revenue in the range of $52.5-54.5 bn... More

Apple's (AAPL) Buyback Program Is Too Conservative - Oppenheimer

Oppenheimer analyst Andrew Uerkwitz reiterated a Perform rating on Apple (NASDAQ: AAPL) after the company reported F2Q19 revenues/EPS of $58.02B/$2.46, ahead of consensus of $57.54B/$2.36E. Among key product categories, iPad sales exceeded expectations by the most dollar value... More

Active options: AAPL GE AMD FB BAC DIS TSLA MSFT BABA

Active options: AAPL GE AMD FB BAC DIS TSLA MSFT BABA

Credit Suisse Reiterates Neutral Rating on Apple (AAPL)

Credit Suisse analyst Matt Cabral reiterated a Neutral rating and $209.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "Against a backdrop of sizeable iPhone sales declines (CSe -10% in CY19), we think the investor perception of Apple as a... More

Citi Reiterates Buy Rating on Apple (AAPL)

Citi analyst Jim Suva reiterated a Buy rating and $220.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Simply put Apples results and outlook across most metrics were clearly better than expected. As a result both our and consensus estimates... More

Apple (AAPL) PT Raised to $190 at Macquarie

Macquarie analyst Benjamin Schachter raised the price target on Apple (NASDAQ: AAPL) to $190.00 (from $149.00) while maintaining a Neutral rating.

The analyst comments "AAPL reported a solid quarter, with revs in line and EBIT slightly ahead of our expectation. Importantly, iPhone was better... More

After-Hours Movers 04/30: (ENPH) (ARLO) (AAPL) Higher; (FTR) (CAMP) (SSNC) (more...)

Today's After-Hours Movers

Frontier Communications (NASDAQ: FTR) 17.5% LOWER; reported Q1 EPS of ($0.18), $0.20 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.1 billion. Guidance for 2019 remains unchanged.

Enphase Energy (NASDAQ: ENPH) 15.8% HIGHER; reported Q1 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $100.2 million versus the consensus estimate of $92.45 million. Enphase Energy sees Q2 2019 revenue of $115-125 million, versus the consensus of $99.3... More

Apple (AAPL) Raises Quarterly Dividend 5.5% to $0.77; 1.5% Yield

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.77 per share, or $3.08 annualized. This is a 5.5% increase from the prior dividend of $0.73.

The dividend will be payable on May 16, 2019, to stockholders of record on May 13, 2019, with an ex-dividend date of May 10,... More

Apple (AAPL) Tops Q2 EPS by 10c; Raises Guidance, Buyback and Dividend

(Updated - April 30, 2019 4:33 PM EDT)

Apple (NASDAQ: AAPL) reported Q2 EPS of $2.46, $0.10 better than the analyst estimate of $2.36. Revenue for the quarter came in at $58 billion versus the consensus estimate of $57.44 billion.

Services Revenue Reaches New All-Time High of $11.5 Billion.

The company's board has authorized an additional $75 billion for share repurchases. Apples board also declared a cash dividend of $0.77 per share of the Companys common stock, an increase of 5 percent.

"Our March quarter results show... More

Apple (AAPL) BABA TWTR AMZN QCOM GOOGL INTC PFE NVDA JD CVS NFLX OXY AAPL

Active options: BABA TWTR AMZN QCOM GOOGL INTC PFE NVDA JD CVS NFLX OXY AAPL

Apple (AAPL) ATM May 200 weekly calls and puts active as shares sell off 1.7% into EPS

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 70, May is at 36; compared to its 52-week range of 16 to 46 into the expected release of release of EPS today after the bell. Call put ratio 1 call to 1 put with focus on May 200 weekly calls and puts.

Dan Niles Long Apple Suppliers, Not Apple

On CNBC, Dan Niles said his fund is not long Apple, but long suppliers like Lumentum Holdings (NASDAQ: LITE)
Qualcomm (NASDAQ: QCOM).

Apple (AAPL) call put ratio 1 call to 1.1 puts into EPS

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 68, May is at 35; compared to its 52-week range of 16 to 46 into the expected release of release of EPS today after the bell. Call put ratio 1 call to 1.1 puts.

Apple (AAPL) Hits Session Low, Down 2%

(Updated)

Apple (NASDAQ: AAPL) declined 2% Tuesday, trading lower in sympathy with peer Google.

Apple reports results today after the market close.

Apple (AAPL) option implied volatility elevated into EPS and outlook

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 56, May is at 32; compared to its 52-week range of 16 to 46 into the expected release of release of EPS today after the bell.

Options expected to have increasing volume: AAPL AMGN AMD WDC GE GM

Options expected to have increasing volume: AAPL AMGN AMD WDC GE GM