Apple (AAPL) call put ratio 1.4 calls to 1 put into quarter results

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Apple (AAPL) PT Raised to $245 at Monness, Crespi, Hardt

August 2, 2024 1:05 PM EDT

Monness, Crespi, Hardt analyst Brian White raised the price target on Apple (NASDAQ: AAPL) to $245.00 (from $205.00) while maintaining a Buy rating.

The analyst comments "Apple, Inc. (AAPL Buy $218.36): Raising Estimates and Increasing Price Target to $245. Last night, Apple reported 3Q:FY24 upside and... More

Apple (AAPL) PT Raised to $261 at Rosenblatt, Maintains Buy, 'Decent Warm Up Before the Big AI Show'

August 2, 2024 7:20 AM EDT

Rosenblatt analyst Barton Crockett raised the price target on Apple (NASDAQ: AAPL) to $261.00 (from $260.00) while maintaining a Buy rating.

The analyst comments " iPhone -- The iPhone installed base was said to have grown to a new all-time high in total and in every geographic segment. iPhone was the top seller in the US, urban China, the... More

JPMorgan Reiterates Overweight Rating on Apple (AAPL)

August 2, 2024 5:20 AM EDT

JPMorgan analyst Samik Chatterjee reiterated an Overweight rating and $265.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "As straight a beat as they come - with our broader coverage of Hardware companies reporting a diverse mix of results in an uneven macro, Apples results and execution in that backdrop stood out in its non-eventful nature as most product categories beat consensus expectation helping aggregate revenue do the same. In relation to our bullish view on the AI upgrade cycle, a non-eventful quarter with Apple beating estimates across the board... More

Apple stock could drift lower on earnings as bullish estimates are dialled back

August 1, 2024 10:19 AM EDT

Apple (NASDAQ: AAPL) stock may drift lower following its June quarter earnings, as analysts at Lynx Equity Strategies caution against overly optimistic expectations.

The stock has surged 31% over the past three months, significantly outperforming the Qs at 12% and SPX at 10%, largely due to better-than-expected China sales and a clear AI strategy.

However, Lynx suggests that current high expectations for fiscal year 2025 are unrealistic.

"Since the... More