Apple (NASDAQ:AAPL) Given New $380.00 Price Target at Sanford C. Bernstein

Apple (NASDAQ:AAPL) had its price objective increased by Sanford C. Bernstein from $370.00 to $380.00 in a report released on Wednesday,Benzinga reports. They currently have a buy rating on the iPhone maker’s stock.

Several other equities research analysts also recently issued reports on AAPL. Phillip Securities raised their price target on Apple from $290.00 to $300.00 and gave the company a “neutral” rating in a research report on Monday, September 14th. CICC Research boosted their price objective on Apple from $310.00 to $340.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Citigroup restated a “buy” rating on shares of Apple in a research note on Thursday, September 10th. Needham & Company LLC reaffirmed a “hold” rating on shares of Apple in a report on Thursday, October 1st. Finally, Rosenblatt Securities reaffirmed a “neutral” rating and issued a $303.00 price target on shares of Apple in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $343.74.

Apple Stock Performance

NASDAQ:AAPL opened at $349.51 on Wednesday. Apple has a 1 year low of $243.42 and a 1 year high of $354.50. The firm’s fifty day simple moving average is $334.84 and its 200 day simple moving average is $297.58. The company has a current ratio of 1.02, a quick ratio of 0.93 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $5.10 trillion, a PE ratio of 38.96, a PEG ratio of 2.75 and a beta of 1.07.

Apple (NASDAQ:AAPL) last announced its earnings results on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, topping the consensus estimate of $1.99 by $0.11. The firm had revenue of $114.48 billion for the quarter, compared to the consensus estimate of $113.40 billion. Apple had a net margin of 27.60% and a return on equity of 125.35%. The business’s quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.85 EPS. On average, sell-side analysts anticipate that Apple will post 9.61 EPS for the current year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Thursday, November 12th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, November 12th. Apple’s dividend payout ratio (DPR) is presently 12.39%.

Insiders Place Their Bets

In other Apple news, SVP Deirdre O’brien sold 46,389 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the transaction, the senior vice president owned 136,810 shares of the company’s stock, valued at $45,615,190.20. This represents a 25.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the completion of the sale, the chief executive officer owned 59,567 shares of the company’s stock, valued at $19,832,236.98. This represents a 29.90% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 289,252 shares of company stock valued at $96,301,063 in the last quarter. 0.06% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AAPL. State Street Corp increased its holdings in shares of Apple by 4.7% in the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock valued at $182,897,769,000 after acquiring an additional 28,321,085 shares during the last quarter. Berkshire Hathaway Inc acquired a new stake in shares of Apple during the 2nd quarter worth about $65,950,297,000. Bank of America Corp DE purchased a new stake in Apple during the second quarter worth approximately $36,986,090,000. Legal & General Group Plc purchased a new stake in Apple during the second quarter worth approximately $30,443,242,000. Finally, Amundi lifted its stake in Apple by 23.2% during the first quarter. Amundi now owns 73,082,616 shares of the iPhone maker’s stock worth $18,547,637,000 after purchasing an additional 13,780,080 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported fiscal 2026 revenue of $478.8 billion and net income of $132.2 billion. Its latest quarter also topped analyst estimates, with record demand for iPhone and Mac products providing a strong business backdrop. Memory costs and Apple’s results
• Positive Sentiment: Market-wide optimism after the midterm elections helped lift major technology stocks, including Apple. That broader risk-on move has supported the shares independently of company-specific news. Big Tech rallies after election results
• Neutral Sentiment: Analyst views remain divided: some firms see upside, while others maintain cautious or bearish ratings. The split reflects uncertainty over whether Apple’s growth and earnings can justify its current premium valuation. Apple rated Sell on valuation and AI risks
• Negative Sentiment: Management warned that unprecedented memory-chip costs and higher Siri AI expenses are pressuring profitability, forecasting holiday-quarter gross margins of 45%–46%. That outlook has overshadowed strong demand and is a key risk to near-term earnings. Apple CEO discusses rising memory prices
• Negative Sentiment: Recent Sell calls—including DZ Bank’s $300 target—highlight concerns about valuation and AI execution, potentially limiting further gains even as the company posts record results. DZ Bank downgrades Apple to Sell

Apple Company Profile

Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.