Apple reports second quarter results

Apple (AAPL) PT Raised to $230 at BofA Securities, 'many positive catalysts ahead'

May 3, 2024 9:32 AM EDT

BofA Securities analyst Wamsi Mohan raised the price target on Apple (NASDAQ: AAPL) to $230.00 (from $225.00) while maintaining a Buy rating.

The analyst comments "The thesis for our upgrade to Buy earlier this year (see our note) is playing out with: (1) strong multi-year... More

Evercore ISI on Apple (AAPL): 'Making Apple Great Again. Maintain TOP PICK'

May 3, 2024 6:20 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL reported better than expected set of numbers and crucially their commentary was much better than buyside fears. Stock should work higher from here as compares get easier, catalysts add up and AAPL executes on AI in a more capital efficient manner vs. other tech companies. March-qtr print came in at $90.8B/1.53 vs. street at $90.4B/1.51 as... More

Goldman Sachs Comments on Apple (AAPL)

May 3, 2024 6:04 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $226.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "AAPL's F2Q24 EPS of $1.53 and revenue of $90.8 bn was in-line with our expectations, but beat consensus, largely on Services gross profit and other income. We gain confidence in our Buy rating with AAPL... More

Apple (AAPL) PT Raised to $196 at Rosenblatt

May 3, 2024 5:46 AM EDT

Rosenblatt analyst Barton Crockett raised the price target on Apple (NASDAQ: AAPL) to $196.00 (from $189.00) while maintaining a Neutral rating.

The analyst comments "June Quarter Fears Beaten Back -- Apple also brushed aside Street concerns that the June quarter was pacing for a... More

Citi on Apple (AAPL) Earnings

May 3, 2024 5:32 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $210.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "AAPL stock was +6% after hours on a relief rally as modest 2c Mar-Q beat and LSD Jun-Q growth or $83B+ revenue. iPhone sales were... More

Apple (AAPL) Tops Q2 EPS by 3c

May 2, 2024 4:31 PM EDT

Apple (NASDAQ: AAPL) reported Q2 EPS of $1.53, $0.03 better than the analyst estimate of $1.50. Revenue for the quarter came in at $90.8 billion versus the consensus estimate of $90.32 billion.

Apples board of directors has declared a cash dividend of $0.25 per share of the... More