NEWAI Investor Insights
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NASDAQ:AAPL
173.54
4.24 (2.50%) 1d
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- Buy, Sell or Hold?
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Apr 29, 2024, 7:59 pm
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Investor Insights
This summary was created by AI, based on 116 opinions in the last 12 months.
The experts' reviews on Apple Inc across different aspects are mixed. Some experts believe that Apple is expensive for its future growth and faces challenges in China, while others are bullish on the company's potential, particularly with the recent AI innovations and cash reserves. The company's heavy reliance on iPhone sales is a concern for some, but others are optimistic about its strong customer base and growth opportunities in emerging markets.
Consensus
Mixed
Valuation
Fair Value
Similar
Microsoft Corp, MSFT-Q
COMMENT
Apple Inc(AAPL-Q)29/04/2024
Upgraded today
Whenever you think that their fundamentals are reaching an inflexion point, this company proves you wrong. True, they have a loyal customer base and resilient earnings. However, price and momentum have dramatically deteriorated. Near-term, their technicals don't look good, though long-term their fundamentals always win out and you can't bet against that. It depends on your outlook, short or long term? If you expect choppy markets, then Apple is defensive.
electrical / electronic
Joe Terranova
$174.650
Unknown
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DON'T BUY
Apple Inc(AAPL-Q)29/04/2024
China remains their Achilles' heel, though the Tesla news today about China offers a halo effect. China doesn't want its citizens to buy Apple's phones.
electrical / electronic
WATCH
Apple Inc(AAPL-Q)26/04/2024
It reports Thursday. There's been so much negativity around this, and they will report a disappointment, albeit the most-telegraphed disappointment in history. However, shares have been creeping high and away from his $160 downside target. Apple could highlight the performance of the world ex-US and China, a total market that's bigger than China, and stress their new tie-in with Nvidia.
electrical / electronic
BUY
Apple Inc(AAPL-Q)24/04/2024
He'd have to look at all the price targets, but one that's been beaten up is AAPL. But it probably won't spotlight its AI until June. Probably the most limited downside at this point, so you could add that one.
electrical / electronic
Kim Bolton
$168.450
Unknown
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BUY ON WEAKNESS
Apple Inc(AAPL-Q)22/04/2024
Analysts are looking forward to the developers' conference in June and the iPhone launch in September, but who knows if shares can take off without an AI tie-in? He suspects analysts are buying as estimates are cut, but interest will remain tepid until Apple shows that global growth is accelerating as much as it's shrinking in China, and that services revenues are holding. They make great products and now trades at a PE lower than what we're used to. They make a lot of money, but doesn't grow as fast as we'd like (or is not growing). If you think there won't be an iPhone refresh, then this is a sell down to $120, but he expects another refresh, but institutions won't let Apple fall that low. Buy a tranche at $160 then add even more if it falls down to $130. The longs will make a stand based on next year's earnings.
electrical / electronic
Jim Cramer - Mad Money
$165.910
Owned
UnlockRating
HOLD
Apple Inc(AAPL-Q)19/04/2024
Does not own shares in company. Hard to determine future of business. Technology moves quick, and can erode margins. Challenge is that business is very large - difficult to grow. Hardware business difficult to grow market share in.
electrical / electronic
Michael Hakes - CFA, MBA
$164.960
No
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DON'T BUY
Apple Inc(AAPL-Q)17/04/2024
Last week, they had momentum on news of incorporating AI. It looked great. But now shares have fallen below $170 and that's disappointing. It has negative momentum.
electrical / electronic
Joe Terranova
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DON'T BUY
Apple Inc(AAPL-Q)17/04/2024
It's dead money at best, not exciting the market with any earnings report. He struggles to see what impact AI will have on Apple, but they need to answer this question.
electrical / electronic
Stephen Weiss, Founder, Short Hills Capital Partners
$168.340
Unknown
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HOLD
Apple Inc(AAPL-Q)17/04/2024
Some analysts see the company as a single product, the iPhone, but she counters that there are 2 billion active iPhones. Siri could be a Trojan horse in terms of AI. It could be dead money for a couple quarters, but you can enter the mname. She expects Apple to release a great, new product in the near future.
electrical / electronic
Bryn Talkington
$168.340
Owned
UnlockRating
DON'T BUY
Apple Inc(AAPL-Q)12/04/2024
China remains a major overhang as the country keeps pushing its domestic phones and not Apple.
electrical / electronic
Stephen Weiss, Founder, Short Hills Capital Partners
$176.010
Unknown
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HOLD
Apple Inc(AAPL-Q)12/04/2024
An analyst signalled buy on weakness, but Apple remains a hard call for her. Thes tock is still expensive for its future growth, despite new innovations just announced in AI. Trades at 25x. Is a great company, but she won't add to it now.
electrical / electronic
Amy Raskin, CIO, Chevy Chase Trust
$176.010
Owned
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BUY
Apple Inc(AAPL-Q)12/04/2024
He's now bullish after exiting last November. They just announced AI innovations, which is a tailwind, though he's not that concerned about China pushing its own smartphones. They have $100 billion of free cash flow--they print money and he likes that.
electrical / electronic
Kevin Simpson
$176.010
No
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BUY
Apple Inc(AAPL-Q)12/04/2024
He just added shares. Apple is a rare gainer in this down market this week and today. He held a large position and began trimming at $185-189. Finally, yesterday, Apple announced a new innovation (will add AI to its iPhone 16 and Macs), something the market had been waiting for. Also, shares held the October low. He likes to buy stocks then they're inloved, like Apple, It has room to run this year. If spending in services in China rises, Apple will benefit. Buyers responded when shares hit $160-170.
electrical / electronic
Bill Baruch, Founder, Blue Line Capital
$176.010
Owned
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DON'T BUY
Apple Inc(AAPL-Q)12/04/2024
It was important that this week Apple held support (October's low) of $168. But given the overall market this week, he won't invest in this or other stocks. He expects the market to fall 4-5% in the short term.
electrical / electronic
Jim Lebenthal
$176.620
Unknown
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TOP PICK
Apple Inc(AAPL-Q)09/04/2024
Stockchase Research Editor: Michael O'Reilly
We reiterate AAPL as a TOP PICK. Its new Vision Pro device will be a massive productivity enhancer to attract business customers into the Apple world. Cash reserves are growing, while debt is retired and shares bought back. It supports a resounding 150% ROE and trades at 26x earnings. Is is reportedly Warren Buffet's single largest holding. We continue to recommend a stop at $140, looking to achieve $200 -- upside potential of 18%. Yield 0.5%
(Analysts’ price target is $200.13)
electrical / electronic
The Panic-Proof Portfolio (Stockchase Research)
$169.455
Unknown
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Apple Inc(AAPL-Q) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 52
Neutral - Hold Signals / Votes : 18
Bearish - Sell Signals / Votes : 20
Total Signals / Votes : 90
Stockchase rating for Apple Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Apple Inc(AAPL-Q) Frequently Asked Questions
What is Apple Inc stock symbol?
Apple Inc is a American stock, trading under the symbol AAPL-Q on the NASDAQ (AAPL). It is usually referred to as NASDAQ:AAPL or AAPL-Q
Is Apple Inc a buy or a sell?
In the last year, 90 stock analysts published opinions about AAPL-Q. 52 analysts recommended to BUY the stock. 20 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Apple Inc.
Is Apple Inc a good investment or a top pick?
Apple Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Apple Inc.
Why is Apple Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Apple Inc worth watching?
90 stock analysts on Stockchase covered Apple Inc In the last year. It is a trending stock that is worth watching.
What is Apple Inc stock price?
On 2024-04-29, Apple Inc (AAPL-Q) stock closed at a price of $173.54.