Equities Analysts Issue Forecasts for Apple FY2027 Earnings

Apple Inc. (NASDAQ:AAPL) – Stock analysts at Erste Group Bank increased their FY2027 EPS estimates for Apple in a research note issued to investors on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the iPhone maker will post earnings of $9.57 per share for the year, up from their prior forecast of $9.56. The consensus estimate for Apple’s current full-year earnings is $8.76 per share.

A number of other equities research analysts also recently commented on the company. Rosenblatt Securities restated a “neutral” rating and issued a $276.00 target price on shares of Apple in a research report on Tuesday, June 9th. UBS Group set a $365.00 price objective on Apple in a research report on Tuesday, July 21st. Wedbush restated an “outperform” rating and issued a $400.00 price objective on shares of Apple in a report on Friday, June 5th. Royal Bank Of Canada set a $365.00 target price on shares of Apple in a research note on Wednesday, July 15th. Finally, Bank of America reiterated a “buy” rating and set a $380.00 price target on shares of Apple in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $327.40.

Apple Stock Up 0.9%

AAPL stock opened at $340.08 on Wednesday. Apple has a one year low of $201.50 and a one year high of $342.89. The firm has a market cap of $4.99 trillion, a PE ratio of 41.12, a PEG ratio of 2.91 and a beta of 1.10. The firm’s 50 day moving average price is $308.22 and its 200-day moving average price is $280.18. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same period in the previous year, the business posted $1.65 EPS. Apple’s revenue was up 16.6% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AAPL. Vanguard Group Inc. raised its stake in shares of Apple by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock valued at $387,749,545,000 after acquiring an additional 26,856,752 shares in the last quarter. State Street Corp boosted its stake in shares of Apple by 1.1% in the 4th quarter. State Street Corp now owns 604,056,505 shares of the iPhone maker’s stock valued at $164,218,801,000 after buying an additional 6,555,392 shares during the period. Geode Capital Management LLC grew its position in shares of Apple by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 358,032,517 shares of the iPhone maker’s stock worth $97,031,587,000 after buying an additional 1,866,103 shares in the last quarter. Morgan Stanley increased its stake in shares of Apple by 0.6% during the fourth quarter. Morgan Stanley now owns 230,483,035 shares of the iPhone maker’s stock worth $62,659,118,000 after buying an additional 1,379,651 shares during the period. Finally, Norges Bank acquired a new stake in Apple in the fourth quarter valued at approximately $52,266,468,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insiders Place Their Bets

In other Apple news, insider Ben Borders sold 1,274 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $290.00, for a total transaction of $369,460.00. Following the sale, the insider directly owned 38,713 shares in the company, valued at $11,226,770. This represents a 3.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.06% of the stock is currently owned by corporate insiders.

Apple Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a dividend of $0.27 per share. This is a positive change from Apple’s previous quarterly dividend of $0.26. The ex-dividend date was Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio (DPR) is 13.06%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is expected to deliver its strongest June-quarter sales growth in five years after keeping iPhone prices steady. Investors are watching whether strong unit demand and Services momentum can offset rising component costs. Apple set for strongest June-quarter sales growth in 5 years
• Positive Sentiment: Apple briefly became the second company to surpass a $5 trillion market capitalization and reclaimed the title of the world’s most valuable public company from Nvidia. The milestone reflects investor preference for Apple’s earnings growth and lower capital intensity compared with AI infrastructure leaders. Apple briefly becomes second company ever to notch $5 trillion market value
• Positive Sentiment: Robert W. Baird raised its Apple price target to $330 and maintained an outperform rating, while Erste Group Bank made a modest upward revision to its FY2027 EPS estimate, now forecasting $9.57 versus $8.76 consensus for the current fiscal year. Apple trading up on analyst upgrade
• Positive Sentiment: Apple launched Apple Upgrade, a Klarna-supported leasing program offering iPhones, Macs, iPads and Apple Watches through monthly payments. Starting prices as low as $17.99 could improve affordability, encourage upgrades and support recurring customer engagement. Apple launches US device leasing program with Klarna
• Neutral Sentiment: Apple’s July 30 earnings report is the immediate catalyst. Analysts expect approximately $1.89 EPS and $108.86 billion in revenue, while options activity points to the possibility of a large post-earnings move. Expectations are already high after the stock’s strong run.
• Negative Sentiment: KeyBanc remains bearish, citing slowing unit and user growth. Other analysts warn that Apple’s roughly 40-times earnings valuation leaves limited room for an earnings miss or cautious guidance.
• Negative Sentiment: Potential tariffs on Chinese memory chips could raise component costs and pressure hardware margins. Apple is reportedly seeking permission to use Chinese memory suppliers for internationally sold devices, but national-security and trade restrictions create additional uncertainty.
• Negative Sentiment: Apple faces a federal lawsuit alleging that a fraudulent Bitcoin wallet app remained available in the App Store and contributed to customer losses of about $1.8 million. The financial exposure appears limited, but the case could increase scrutiny of App Store review practices. Apple faces lawsuit over alleged Bitcoin wallet app losses

Apple Company Profile

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.