Zacks Research Comments on Apple’s Q1 Earnings (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL) – Analysts at Zacks Research increased their Q1 2025 earnings estimates for Apple in a report issued on Thursday, November 21st. Zacks Research analyst A. Ganguly now expects that the iPhone maker will post earnings of $2.23 per share for the quarter, up from their previous forecast of $2.08. The consensus estimate for Apple’s current full-year earnings is $7.43 per share. Zacks Research also issued estimates for Apple’s Q3 2025 earnings at $1.54 EPS, Q4 2025 earnings at $1.79 EPS, FY2025 earnings at $7.24 EPS, Q1 2026 earnings at $2.26 EPS, Q2 2026 earnings at $1.96 EPS, Q3 2026 earnings at $1.96 EPS, Q4 2026 earnings at $2.17 EPS, FY2026 earnings at $8.36 EPS and FY2027 earnings at $10.40 EPS.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, October 31st. The iPhone maker reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.04. Apple had a return on equity of 152.94% and a net margin of 23.97%. The company had revenue of $94.93 billion for the quarter, compared to the consensus estimate of $94.52 billion. During the same period in the previous year, the business earned $1.46 EPS. The firm’s revenue was up 6.1% compared to the same quarter last year.

Other research analysts also recently issued research reports about the stock. Bank of America reiterated a “buy” rating and set a $256.00 target price on shares of Apple in a research report on Thursday, October 3rd. JPMorgan Chase & Co. reiterated an “overweight” rating and set a $265.00 price objective on shares of Apple in a report on Tuesday, September 10th. Barclays reduced their target price on Apple from $186.00 to $184.00 and set an “underweight” rating for the company in a research note on Friday, November 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $260.00 price target on shares of Apple in a research note on Friday, November 1st. Finally, UBS Group raised their price objective on Apple to $236.00 and gave the company a “hold” rating in a research note on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $235.25.

Apple Price Performance

Shares of AAPL opened at $235.06 on Monday. The firm has a market cap of $3.55 trillion, a PE ratio of 38.66, a price-to-earnings-growth ratio of 2.25 and a beta of 1.24. Apple has a 52-week low of $164.07 and a 52-week high of $237.49. The business’s 50 day moving average price is $228.43 and its two-hundred day moving average price is $219.01. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.83 and a current ratio of 0.87.

Apple Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, November 11th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.00 dividend on an annualized basis and a yield of 0.43%. Apple’s dividend payout ratio (DPR) is presently 16.45%.

Insiders Place Their Bets

In related news, CEO Timothy D. Cook sold 223,986 shares of the business’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $224.46, for a total value of $50,275,897.56. Following the sale, the chief executive officer now directly owns 3,280,180 shares in the company, valued at approximately $736,269,202.80. The trade was a 6.39 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Chris Kondo sold 4,130 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $228.87, for a total transaction of $945,233.10. Following the transaction, the insider now owns 15,419 shares of the company’s stock, valued at $3,528,946.53. This represents a 21.13 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 408,170 shares of company stock valued at $92,007,745. Company insiders own 0.06% of the company’s stock.

Institutional Trading of Apple

Institutional investors have recently modified their holdings of the business. China Universal Asset Management Co. Ltd. grew its stake in Apple by 127.4% during the first quarter. China Universal Asset Management Co. Ltd. now owns 75,479 shares of the iPhone maker’s stock valued at $12,943,000 after acquiring an additional 42,282 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in shares of Apple by 0.4% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 506,642 shares of the iPhone maker’s stock valued at $86,879,000 after purchasing an additional 1,936 shares in the last quarter. Tobam increased its holdings in shares of Apple by 3.9% in the first quarter. Tobam now owns 21,459 shares of the iPhone maker’s stock worth $3,680,000 after purchasing an additional 810 shares during the period. BNP Paribas purchased a new stake in shares of Apple in the first quarter worth $88,000,000. Finally, Alliance Wealth Management Group boosted its stake in Apple by 2.6% during the first quarter. Alliance Wealth Management Group now owns 30,094 shares of the iPhone maker’s stock valued at $5,160,000 after buying an additional 755 shares during the period. 60.41% of the stock is currently owned by hedge funds and other institutional investors.

Apple Company Profile

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.