Analyst Ratings for Apple Inc. (AAPL)

Updated: 2017-07-27

An average rating of Overweight has been given to Apple Inc. (NASDAQ:AAPL) by analysts covering the stock. Last month, AAPL received an average rating of Overweight.

Of the 45 analysts covering the stock, 28 gave it a buy rating, 5 gave an overweight rating, 11 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for AAPL. The highest price target was 202, which equates to a potential upside of 34.17 percent. The most pessimistic analyst gave a price target of 120, which equates to a potential downside of -20.3 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -1.54 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.62 percent. If we look at the last 90 days instead, we find a net average change of -0.89 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 6 analysts decreased their estimates.

The growth rate of AAPL's earnings is estimated by analysts to be 1.85 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AAPL is 9.52.

AAPL has traded between a high of 156.65 and a low of 102.53 over the past year. Currently the stock is 46.84 percent higher than its low, and below the high by 3.89 percent. AAPL has a P/E ratio of 17.61. Investors typically compare the P/E ratio to a company's peers in the industry. The AAPL value stock report compares AAPL to some of its peers using value stock charts. The stock has a market capitalization of $800.12 billion. AAPL's next earnings release will be on 0000-00-00, which is days away.