Analyst Consensus ?
ConsensusBuy110 ratings
Bullish7063.6%
Neutral3128.2%
Bearish98.2%
Apple Inc. · AAPL · FY2025 Q1 · Calendar Q1 2025
Apple: Services Growth and AI Expansion Meet China and FX Risks
The supplied analysis supports a constructive but conditional view: Services growth, broader Apple Intelligence availability, new hardware, and emerging-market momentum could support continued growth, but China weakness, FX pressure, pricing sensitivity, and AI-related competition leave the next phase dependent on execution.
Reported After market closeNASDAQTechnology
$5074.76B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $2.36
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $124.22B
Revenue surprise
—
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-0.7%
Event window
SPY move
-0.5%
Same window
Abnormal move
-0.1%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
+0.9%
Up to 20 sessions
AAPLSPY benchmark
Ask FN2 about AAPL FY2025 Q1
Transcript, numbers and history already loaded
What drove AAPL's -0.7% move after FY2025 Q1 earnings?What changed in AAPL's guidance and outlook in FY2025 Q1?Give me the bull and bear case for AAPL after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior-quarter analysis, the current analysis places more emphasis on Services growth, the geographic contrast between stronger emerging markets and weaker China, Apple Intelligence expansion, FX pressure, and competition from lower-cost AI compute solutions.
Guidance delta
Maintained. The supplied analysis describes low-to-mid-single-digit revenue growth and low-double-digit Services growth, with foreign-exchange headwinds.
Key takeaways
- Management highlighted record revenue and EPS, supported by iPhone, Mac, iPad, and Services performance.
- Services growth and its higher-margin profile remain central to the growth narrative.
- Apple Intelligence expansion and emerging-market growth are potential supports, while China weakness and FX are stated constraints.
- The supplied market reaction was less negative than the benchmark over the event-to-next-session window.
Management priorities
- Expand Apple Intelligence into additional languages and countries.
- Continue hardware and AI-focused product innovation.
- Broaden enterprise Vision Pro deployments and retail presence in Saudi Arabia and the UAE.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$347.73Current
$105Low
$256.78Average
$400High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 25, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| MoffettNathanson | Neutral | Neutral | Maintain | Oct 20, 2026 |
| Loop Capital | Hold | Buy | Downgrade | Oct 20, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Oct 12, 2026 |
| Needham | Hold | Hold | Maintain | Oct 1, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Oct 1, 2026 |
| B of A Securities | Buy | Buy | Maintain | Sep 23, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Sep 18, 2026 |
| TD Cowen | Buy | Buy | Maintain | Sep 10, 2026 |
| Rosenblatt | Neutral | Neutral | Maintain | Sep 10, 2026 |
| HSBC | Buy | Buy | Maintain | Sep 8, 2026 |
| DA Davidson | Neutral | Neutral | Maintain | Sep 2, 2026 |
| Rothschild & Co | Buy | Neutral | Upgrade | Aug 17, 2026 |
| Jefferies | Underperform | Hold | Downgrade | Aug 10, 2026 |
| China Renaissance | Hold | Buy | Downgrade | Aug 4, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 31, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Jul 31, 2026 |
| Barclays | Underweight | Underweight | Maintain | Jul 31, 2026 |
| Baird | Outperform | Outperform | Maintain | Jul 30, 2026 |
| Argus Research | Buy | Buy | Maintain | Jul 30, 2026 |
| Bernstein | Buy | Buy | Maintain | Jul 15, 2026 |
| Keybanc | Underweight | Sector Weight | Downgrade | Jul 14, 2026 |
| Citigroup | Buy | Buy | Maintain | Jul 13, 2026 |
| Wedbush | Outperform | Outperform | Maintain | Jun 25, 2026 |
| KGI Securities | Hold | Outperform | Downgrade | Jun 22, 2026 |
| Maxim Group | Buy | Buy | Maintain | Jun 9, 2026 |
| Tigress Financial | Strong Buy | Strong Buy | Maintain | May 14, 2026 |
| UBS | Neutral | Neutral | Maintain | May 1, 2026 |
| BNP Paribas | Outperform | Neutral | Upgrade | Apr 17, 2026 |
| CLSA | Outperform | Outperform | Maintain | Dec 5, 2025 |
| Phillip Securities | Reduce | Neutral | Downgrade | Sep 11, 2025 |
| Melius Research | Buy | Buy | Maintain | Sep 10, 2025 |
| Raymond James | Outperform | Outperform | Maintain | Aug 1, 2025 |
| Piper Sandler | Perform | Outperform | Downgrade | Jan 29, 2025 |
| Oppenheimer | Perform | Outperform | Downgrade | Jan 29, 2025 |
| Daiwa Capital | Outperform | Outperform | Maintain | Dec 18, 2024 |
| Susquehanna | Positive | Positive | Maintain | Nov 20, 2024 |
| CFRA | Buy | Buy | Maintain | Oct 21, 2024 |
| New Street Research | Neutral | Neutral | Maintain | Sep 25, 2024 |
| Erste Group | Buy | Hold | Upgrade | Jun 14, 2024 |
| Itau BBA | Market Perform | Underperform | Upgrade | May 3, 2024 |
| Canaccord Genuity | Buy | Buy | Maintain | May 3, 2024 |
| DZ Bank | Hold | Buy | Downgrade | Mar 28, 2024 |
| Redburn Atlantic | Neutral | Buy | Downgrade | Jan 10, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | Sep 15, 2023 |
| Deutsche Bank | Buy | Buy | Maintain | Jul 24, 2023 |
| Monness, Crespi, Hardt | Buy | Buy | Maintain | Jun 16, 2023 |
| Atlantic Equities | Overweight | Overweight | Maintain | May 5, 2023 |
| LightShed Partners | Sell | Neutral | Downgrade | Mar 10, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 3, 2023 |
| Exane BNP Paribas | Neutral | Outperform | Downgrade | Jan 3, 2023 |
| Wolfe Research | Peer Perform | Underperform | Upgrade | Sep 1, 2021 |
| RBC Capital | Outperform | Outperform | Maintain | Jan 28, 2021 |
| Cascend | Buy | Buy | Maintain | Jan 26, 2021 |
| Topeka | Buy | Buy | Maintain | Sep 23, 2020 |
| Telsey Advisory Group | Outperform | Outperform | Maintain | Sep 23, 2020 |
| Sterne Agee | Buy | Buy | Maintain | Sep 23, 2020 |
| Societe Generale | Buy | Hold | Upgrade | Sep 23, 2020 |
| Scotiabank | Perform | Outperform | Downgrade | Sep 23, 2020 |
| PiperJaffray | Outperform | Outperform | Maintain | Sep 23, 2020 |
| Piper Jaffray | Overweight | Overweight | Maintain | Sep 23, 2020 |
| Pacific Crest | Equal Weight | Overweight | Downgrade | Sep 23, 2020 |
| Oracle Investment Research | Buy | Strong Buy | Downgrade | Sep 23, 2020 |
| Nomura Instinet | Neutral | Neutral | Maintain | Sep 23, 2020 |
| Nomura | Neutral | Neutral | Maintain | Sep 23, 2020 |
| Monness Crespi Hardt | Buy | Buy | Maintain | Sep 23, 2020 |
| Mizuho | Neutral | Buy | Downgrade | Sep 23, 2020 |
| Longbow Research | Buy | Neutral | Upgrade | Sep 23, 2020 |
| JMP Securities | Outperform | Outperform | Maintain | Sep 23, 2020 |
| Janney Capital | Buy | Buy | Maintain | Sep 23, 2020 |
| ISI Group | Buy | Strong Buy | Downgrade | Sep 23, 2020 |
| Hudson Square | Buy | Buy | Maintain | Sep 23, 2020 |
| Global Equities Research | Overweight | Overweight | Maintain | Sep 23, 2020 |
| FBR Capital | Outperform | Outperform | Maintain | Sep 23, 2020 |
| FBN Securities | Outperform | Outperform | Maintain | Sep 23, 2020 |
| Evercore Partners | Overweight | Overweight | Maintain | Sep 23, 2020 |
| Crowell, Weedon & Co. | Buy | Buy | Maintain | Sep 23, 2020 |
| Credit Agricole | Outperform | Buy | Maintain | Sep 23, 2020 |
| Citi | Buy | Buy | Maintain | Sep 23, 2020 |
| Cantor Fitzgerald | Buy | Buy | Maintain | Sep 23, 2020 |
| BTIG Research | Buy | Buy | Maintain | Sep 23, 2020 |
| BMO Capital | Perform | Market Perform | Maintain | Sep 23, 2020 |
| Berenberg | Buy | Buy | Maintain | Sep 23, 2020 |
| Argus | Buy | Buy | Maintain | Sep 23, 2020 |
| ABG Sundal Collier | Sell | Hold | Downgrade | Sep 23, 2020 |
| Bank of America | Neutral | Neutral | Maintain | Sep 1, 2020 |
| Macquarie | Neutral | Outperform | Downgrade | Jan 3, 2019 |
| Guggenheim | Neutral | Buy | Downgrade | Nov 14, 2018 |
| Hilliard Lyons | Buy | Long Term Buy | Maintain | Feb 5, 2018 |
| Instinet | Neutral | Buy | Downgrade | Dec 19, 2017 |
| BTIG | Buy | Buy | Maintain | Mar 1, 2017 |
| OTR Global | Sell | Negative | Maintain | Jan 19, 2017 |
| Stifel Nicolaus | Hold | Buy | Downgrade | Oct 26, 2016 |
| Stifel | Hold | Buy | Downgrade | Oct 25, 2016 |
| Drexel Hamilton | Buy | Buy | Maintain | Oct 25, 2016 |
| Brean Capital | Buy | Buy | Maintain | Oct 25, 2016 |
| William Blair | Outperform | Outperform | Maintain | Sep 8, 2016 |
| Sterne Agee CRT | Buy | Buy | Maintain | Sep 28, 2015 |
| BGC Financial | Hold | Buy | Downgrade | Jan 27, 2014 |
| Standpoint Research | Sell | Hold | Downgrade | Jan 6, 2014 |
| Standpoint | Sell | Hold | Downgrade | Jan 6, 2014 |
| Janney Montgomery Scott | Buy | Buy | Maintain | Oct 29, 2013 |
| Hamburger Sparkasse | Hold | Buy | Downgrade | Apr 24, 2013 |
| Ameriprise Financial | Buy | Buy | Maintain | Apr 24, 2013 |
| Avondale Partners | Market Outperform | Market Perform | Upgrade | Apr 21, 2013 |
| Lazard | Buy | Buy | Maintain | Apr 4, 2013 |
| Cleveland Research | Neutral | Buy | Downgrade | Mar 4, 2013 |
| Topeka Capital | Buy | Buy | Maintain | Jan 23, 2013 |
| Bank oferica | Buy | Buy | Maintain | Apr 25, 2012 |
| Morgan Keegan | Outperform | Outperform | Maintain | Mar 18, 2012 |
| Oxen Group | Buy | Buy | Maintain | Mar 14, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $347.72. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| MoffettNathanson | Analyst unavailable | $283 | $342.94 | -18.6% | Oct 20, 2026 |
| Loop Capital Markets | Analyst unavailable | $330 | $342.94 | -5.1% | Oct 20, 2026 |
| Morgan Stanley | Analyst unavailable | $355 | $330.26 | +2.1% | Oct 1, 2026 |
| Evercore ISI | Analyst unavailable | $380 | $337 | +9.3% | Sep 18, 2026 |
| Loop Capital Markets | Analyst unavailable | $380 | $337 | +9.3% | Sep 18, 2026 |
| MoffettNathanson | Analyst unavailable | $304 | $319.97 | -12.6% | Sep 8, 2026 |
| Redburn Partners | Timm Schulze-Melander | $400 | $305.93 | +15.0% | Aug 17, 2026 |
| Jefferies | Analyst unavailable | $263.66 | $313.33 | -24.2% | Aug 10, 2026 |
| Wells Fargo | Analyst unavailable | $350 | $333.43 | +0.7% | Jul 31, 2026 |
| Goldman Sachs | Michael Ng | $360 | $333.43 | +3.5% | Jul 31, 2026 |
| Barclays | Tim Long | $245 | $333.43 | -29.5% | Jul 31, 2026 |
| KeyBanc | Brandon Nispel | $250 | $336.91 | -28.1% | Jul 28, 2026 |
| Robert W. Baird | Analyst unavailable | $330 | $321.66 | -5.1% | Jul 24, 2026 |
| Morgan Stanley | Analyst unavailable | $364 | $325.89 | +4.7% | Jul 23, 2026 |
| UBS | Analyst unavailable | $365 | $327.74 | +5.0% | Jul 21, 2026 |
| Raymond James | Analyst unavailable | $380 | $333.74 | +9.3% | Jul 20, 2026 |
| HSBC | Analyst unavailable | $366 | $333.26 | +5.3% | Jul 16, 2026 |
| RBC Capital | Analyst unavailable | $365 | $324.15 | +5.0% | Jul 15, 2026 |
| UBS | Analyst unavailable | $250 | $317.31 | -28.1% | Jul 14, 2026 |
| KGI Securities | Analyst unavailable | $315 | $298.01 | -9.4% | Jun 22, 2026 |
| Maxim Group | Tom Forte | $350 | $296.07 | +0.7% | Jun 9, 2026 |
| Morgan Stanley | Analyst unavailable | $325 | $301.54 | -6.5% | Jun 9, 2026 |
| Morgan Stanley | Erik Woodring | $360 | $301.54 | +3.5% | Jun 9, 2026 |
| Tigress Financial | Analyst unavailable | $375 | $297.82 | +7.8% | May 14, 2026 |
| Evercore ISI | Analyst unavailable | $365 | $298.87 | +5.0% | May 14, 2026 |
| Wedbush | Daniel Ives | $400 | $287.44 | +15.0% | May 8, 2026 |
| Robert W. Baird | William Power | $310 | $282.02 | -10.8% | May 1, 2026 |
| UBS | Analyst unavailable | $296 | $283.42 | -14.9% | May 1, 2026 |
| Wells Fargo | Aaron Rakers | $310 | $271.35 | -10.8% | May 1, 2026 |
| Morgan Stanley | Analyst unavailable | $330 | $271.35 | -5.1% | May 1, 2026 |
| Barclays | Analyst unavailable | $253 | $271.35 | -27.2% | May 1, 2026 |
| UBS | Analyst unavailable | $287 | $267.61 | -17.5% | Apr 28, 2026 |
| BNP Paribas | Analyst unavailable | $300 | $271.41 | -13.7% | Apr 17, 2026 |
| Jefferies | Analyst unavailable | $330 | $263.22 | -5.1% | Mar 4, 2026 |
| UBS | Analyst unavailable | $330 | $263.75 | -5.1% | Mar 3, 2026 |
| Stifel Nicolaus | Analyst unavailable | $330 | $264.66 | -5.1% | Mar 2, 2026 |
| Scotiabank | Analyst unavailable | $330 | $270.01 | -5.1% | Feb 2, 2026 |
| RBC Capital | Analyst unavailable | $325 | $264.24 | -6.5% | Feb 2, 2026 |
| KGI Securities | Rob Chang | $306 | $257.48 | -12.0% | Jan 30, 2026 |
| Maxim Group | Tom Forte | $300 | $254.67 | -13.7% | Jan 30, 2026 |
| Barclays | Analyst unavailable | $239 | $258.28 | -31.3% | Jan 30, 2026 |
| Goldman Sachs | Michael Ng | $330 | $258.28 | -5.1% | Jan 30, 2026 |
| Jefferies | Analyst unavailable | $276.47 | $252.88 | -20.5% | Jan 26, 2026 |
| Stephens | Analyst unavailable | $315 | $254.95 | -9.4% | Jan 26, 2026 |
| Evercore ISI | Analyst unavailable | $330 | $259.04 | -5.1% | Jan 9, 2026 |
| Jefferies | Edison Lee | $283.36 | $272.61 | -18.5% | Dec 17, 2025 |
| Morgan Stanley | Erik Woodring | $315 | $274.61 | -9.4% | Dec 17, 2025 |
| Evercore ISI | Analyst unavailable | $325 | $278 | -6.5% | Dec 8, 2025 |
| Wedbush | Daniel Ives | $350 | $278.78 | +0.7% | Dec 8, 2025 |
| CLSA | Bhavtosh Vajpayee | $330 | $279.91 | -5.1% | Dec 5, 2025 |
| Loop Capital Markets | Analyst unavailable | $325 | $287.26 | -6.5% | Dec 2, 2025 |
| Bernstein | Analyst unavailable | $325 | $270.37 | -6.5% | Nov 3, 2025 |
| Argus Research | Analyst unavailable | $325 | $270.64 | -6.5% | Oct 31, 2025 |
| Evercore ISI | Analyst unavailable | $300 | $276.23 | -13.7% | Oct 31, 2025 |
| D.A. Davidson | Analyst unavailable | $270 | $276.23 | -22.4% | Oct 31, 2025 |
| UBS | Analyst unavailable | $280 | $270.41 | -19.5% | Oct 31, 2025 |
| Robert W. Baird | William Power | $300 | $270.41 | -13.7% | Oct 31, 2025 |
| Goldman Sachs | Michael Ng | $320 | $270.41 | -8.0% | Oct 31, 2025 |
| Jefferies | Edison Lee | $246.99 | $276.23 | -29.0% | Oct 31, 2025 |
| Barclays | Analyst unavailable | $230 | $270.41 | -33.9% | Oct 31, 2025 |
| Wells Fargo | Analyst unavailable | $300 | $271.4 | -13.7% | Oct 31, 2025 |
| Melius Research | Ben Reitzes | $345 | $271.4 | -0.8% | Oct 31, 2025 |
| Bernstein | Analyst unavailable | $290 | $268.32 | -16.6% | Oct 29, 2025 |
| Robert W. Baird | Analyst unavailable | $280 | $268.57 | -19.5% | Oct 28, 2025 |
| Wells Fargo | Analyst unavailable | $290 | $262.05 | -16.6% | Oct 21, 2025 |
| Goldman Sachs | Michael Ng | $279 | $262.24 | -19.8% | Oct 21, 2025 |
| Loop Capital Markets | Ananda Baruah | $315 | $252.29 | -9.4% | Oct 20, 2025 |
| Jefferies | Edison Lee | $205.16 | $257.88 | -41.0% | Oct 3, 2025 |
| Morgan Stanley | Analyst unavailable | $298 | $255.45 | -14.3% | Oct 2, 2025 |
| Seaport Global | Jay Goldberg | $310 | $254.63 | -10.8% | Oct 1, 2025 |
| Evercore ISI | Analyst unavailable | $290 | $256.87 | -16.6% | Sep 26, 2025 |
| Wedbush | Dan Ives | $310 | $245.5 | -10.8% | Sep 22, 2025 |
| Melius Research | Ben Reitzes | $290 | $229.17 | -16.6% | Sep 10, 2025 |
| Jefferies | Edison Lee | $205.82 | $237.88 | -40.8% | Sep 8, 2025 |
| HSBC | Erwan Rambourg | $220 | $239.69 | -36.7% | Sep 8, 2025 |
| MoffettNathanson | Craig Moffett | $225 | $239.78 | -35.3% | Sep 4, 2025 |
| Morgan Stanley | Erik Woodring | $240 | $237.01 | -31.0% | Sep 3, 2025 |
| UBS | Analyst unavailable | $220 | $202.92 | -36.7% | Aug 5, 2025 |
| UBS | David Vogt | $210 | $214.33 | -39.6% | Jul 3, 2025 |
| J.P. Morgan | Analyst unavailable | $230 | $201.56 | -33.9% | Jun 26, 2025 |
| Barclays | Analyst unavailable | $173 | $200.3 | -50.2% | Jun 24, 2025 |
| D.A. Davidson | Gil Luria | $250 | $205.35 | -28.1% | May 2, 2025 |
| Morgan Stanley | Erik Woodring | $252 | $220.94 | -27.5% | Mar 12, 2025 |
| Morgan Stanley | Analyst unavailable | $275 | $232.62 | -20.9% | Feb 11, 2025 |
| D.A. Davidson | Analyst unavailable | $290 | $236 | -16.6% | Jan 31, 2025 |
| Evercore ISI | Analyst unavailable | $260 | $236 | -25.2% | Jan 31, 2025 |
| Redburn Partners | Analyst unavailable | $230 | $236 | -33.9% | Jan 31, 2025 |
| Barclays | Analyst unavailable | $197 | $236 | -43.3% | Jan 31, 2025 |
| UBS | Analyst unavailable | $270 | $236 | -22.4% | Jan 31, 2025 |
| Goldman Sachs | Analyst unavailable | $294 | $236 | -15.5% | Jan 31, 2025 |
| Barclays | Analyst unavailable | $183 | $223.83 | -47.4% | Jan 22, 2025 |
| Loop Capital Markets | Analyst unavailable | $230 | $222.64 | -33.9% | Jan 21, 2025 |
| UBS | Analyst unavailable | $260 | $222.64 | -25.2% | Jan 21, 2025 |
| Jefferies | Edison Lee | $200.75 | $229.98 | -42.3% | Jan 21, 2025 |
| MoffettNathanson | Analyst unavailable | $188 | $242.21 | -45.9% | Jan 7, 2025 |
| Bernstein | Analyst unavailable | $260 | $243.36 | -25.2% | Jan 3, 2025 |
| Daiwa | Analyst unavailable | $275 | $248.05 | -20.9% | Dec 18, 2024 |
| Jefferies | Edison Lee | $211.84 | $239.09 | -39.1% | Dec 2, 2024 |
| KeyBanc | Brandon Nispel | $200 | $216.24 | -42.5% | Nov 19, 2024 |
| Craig-Hallum | Analyst unavailable | $105 | $225.12 | -69.8% | Nov 13, 2024 |
| Loop Capital Markets | Analyst unavailable | $90 | $224.23 | -74.1% | Nov 11, 2024 |
| Maxim Group | Tom Forte | $215 | $222.91 | -38.2% | Nov 1, 2024 |
| D.A. Davidson | Gil Luria | $260 | $222.91 | -25.2% | Nov 1, 2024 |
| Jefferies | Edison Lee | $212.92 | $235 | -38.8% | Oct 21, 2024 |
| UBS | David Vogt | $236 | $225.67 | -32.1% | Oct 4, 2024 |
| J.P. Morgan | Samik Chatterjee | $265 | $233 | -23.8% | Sep 30, 2024 |
| Wedbush | Daniel Ives | $300 | $220.91 | -13.7% | Sep 10, 2024 |
| Goldman Sachs | Michael Ng | $276 | $220.39 | -20.6% | Sep 4, 2024 |
| Bernstein | Toni Sacconaghi | $240 | $224.2 | -31.0% | Sep 3, 2024 |
| Tigress Financial | Ivan Feinseth | $295 | $226.87 | -15.2% | Aug 28, 2024 |
| Wedbush | Daniel Ives | $285 | $228.52 | -18.0% | Aug 27, 2024 |
| Melius Research | Ben Reitzes | $265 | $228.67 | -23.8% | Aug 27, 2024 |
| Citigroup | Atif Malik | $255 | $228.65 | -26.7% | Aug 27, 2024 |
| Bank of America Securities | Wamsi Mohan | $256 | $209.82 | -26.4% | Aug 7, 2024 |
| CFRA | Angelo Zino | $260 | $209.27 | -25.2% | Aug 5, 2024 |
| Goldman Sachs | Rod Hall | $275 | $222.6 | -20.9% | Aug 2, 2024 |
| Maxim Group | Tom Forte | $203 | $218.36 | -41.6% | Aug 2, 2024 |
| Rosenblatt Securities | Barton Crockett | $261 | $218.36 | -24.9% | Aug 2, 2024 |
| Morgan Stanley | Erik Woodring | $273 | $218.36 | -21.5% | Aug 2, 2024 |
| Barclays | Tim Long | $186 | $218.36 | -46.5% | Aug 2, 2024 |
| Raymond James | Srini Pajjuri | $250 | $216.73 | -28.1% | Jul 26, 2024 |
| Robert W. Baird | William Power | $240 | $218.54 | -31.0% | Jul 25, 2024 |
| Loop Capital Markets | Ananda Baruah | $300 | $230.54 | -13.7% | Jul 15, 2024 |
| Needham | Laura Martin | $260 | $228.68 | -25.2% | Jul 10, 2024 |
| Piper Sandler | Matt Farrell | $225 | $227.82 | -35.3% | Jul 9, 2024 |
| Oppenheimer | Martin Yang | $250 | $214.1 | -28.1% | Jun 28, 2024 |
| Rosenblatt Securities | Barton Crockett | $260 | $209.07 | -25.2% | Jun 26, 2024 |
| Evercore ISI | Amit Daryanani | $250 | $208.14 | -28.1% | Jun 25, 2024 |
| Melius Research | Benjamin Reitzes | $260 | $207.49 | -25.2% | Jun 24, 2024 |
| RBC Capital | Brad Erickson | $200 | $205.68 | -42.5% | Jun 11, 2024 |
| D.A. Davidson | Gil Luria | $230 | $193.12 | -33.9% | Jun 11, 2024 |
| Wedbush | Daniel Ives | $275 | $190.54 | -20.9% | May 24, 2024 |
| Rosenblatt Securities | Barton Crockett | $182 | $189.72 | -47.7% | May 15, 2024 |
| Morgan Stanley | Erik Woodring | $216 | $182.34 | -37.9% | May 7, 2024 |
| CFRA | Angelo Zino | $210 | $182.4 | -39.6% | May 7, 2024 |
| Rosenblatt Securities | Barton Crockett | $196 | $185.55 | -43.6% | May 3, 2024 |
| Canaccord Genuity | Michael Walkley | $215 | $173.03 | -38.2% | May 3, 2024 |
| Barclays | Tim Long | $164 | $173.03 | -52.8% | May 3, 2024 |
| Maxim Group | Tom Forte | $178 | $169.38 | -48.8% | Apr 17, 2024 |
| Goldman Sachs | Michael Ng | $226 | $176.55 | -35.0% | Apr 12, 2024 |
| Piper Sandler | Harsh Kumar | $190 | $168.45 | -45.4% | Apr 9, 2024 |
| Loop Capital Markets | Ananda Baruah | $170 | $171.48 | -51.1% | Apr 1, 2024 |
| Evercore ISI | Amit Daryanani | $220 | $170.85 | -36.7% | Mar 25, 2024 |
| HSBC | Erwan Rambourg | $180 | $172.28 | -48.2% | Mar 22, 2024 |
| Jefferies | Andrew Uerkwitz | $205 | $173.23 | -41.0% | Mar 12, 2024 |
| Needham | Laura Martin | $220 | $186.68 | -36.7% | Feb 2, 2024 |
| Oppenheimer | Martin Yang | $200 | $176.33 | -42.5% | Nov 3, 2023 |
| Barclays | Tim Long | $166 | $177.19 | -52.3% | Nov 2, 2023 |
| Melius Research | Ben Reitzes | $240 | $178.39 | -31.0% | Oct 11, 2023 |
| Wedbush | Daniel Ives | $240 | $175.01 | -31.0% | Sep 18, 2023 |
| Goldman Sachs | Michael Ng | $216 | $174.21 | -37.9% | Sep 13, 2023 |
| J.P. Morgan | Samik Chatterjee | $230 | $179.36 | -33.9% | Sep 12, 2023 |
| Morgan Stanley | Erik W Woodring | $215 | $179.33 | -38.2% | Sep 8, 2023 |
| UBS | Aaron Rakers | $225 | $185.26 | -35.3% | Aug 4, 2023 |
| Piper Sandler | Harsh Kumar | $220 | $196.07 | -36.7% | Jul 31, 2023 |
| Morgan Stanley | Erik W Woodring | $220 | $192.91 | -36.7% | Jul 17, 2023 |
| Citigroup | Atif Malik | $240 | $189.59 | -31.0% | Jun 29, 2023 |
| Needham | Laura Martin | $195 | $178.83 | -43.9% | Jun 6, 2023 |
| Wedbush | Dan Ives | $250 | $178.14 | -28.1% | May 31, 2023 |
| Loop Capital Markets | Ananda Baruah | $180 | $174.2 | -48.2% | May 22, 2023 |
| KeyBanc | Brandon Nispel | $180 | $173.39 | -48.2% | May 5, 2023 |
| Loop Capital Markets | John Vinh | $145 | $166.24 | -58.3% | May 4, 2023 |
| Canaccord Genuity | Michael Walkley | $180 | $165.56 | -48.2% | Apr 13, 2023 |
| Wedbush | Daniel Ives | $205 | $164.9 | -41.0% | Apr 2, 2023 |
| Goldman Sachs | Michael Ng | $199 | $151.03 | -42.8% | Mar 5, 2023 |
| Cowen & Co. | Cowen Cowen | $195 | $154.5 | -43.9% | Feb 3, 2023 |
| D.A. Davidson | Analyst unavailable | $173 | $157.09 | -50.2% | Feb 3, 2023 |
| Rosenblatt Securities | Analyst unavailable | $173 | $150.82 | -50.2% | Feb 3, 2023 |
| Wedbush | Analyst unavailable | $180 | $150.82 | -48.2% | Feb 3, 2023 |
| Raymond James | Analyst unavailable | $170 | $150.82 | -51.1% | Feb 3, 2023 |
| Barclays | Analyst unavailable | $145 | $150.82 | -58.3% | Feb 3, 2023 |
| KeyBanc | Brandon Nispel | $177 | $150.82 | -49.1% | Feb 3, 2023 |
| Rosenblatt Securities | Barton Crockett | $165 | $145.43 | -52.5% | Feb 2, 2023 |
| Barclays | Analyst unavailable | $133 | $130.73 | -61.8% | Jan 11, 2023 |
| Loop Capital Markets | Brandon Nispel | $177 | $130.73 | -49.1% | Jan 11, 2023 |
| KeyBanc | Brandon Nispel | $165 | $126.07 | -52.5% | Jan 5, 2023 |
| Wedbush | Analyst unavailable | $175 | $125.07 | -49.7% | Jan 4, 2023 |
| BNP Paribas | Jerome Ramel | $140 | $125.07 | -59.7% | Jan 3, 2023 |
| J.P. Morgan | Analyst unavailable | $190 | $132.37 | -45.4% | Dec 20, 2022 |
| Morgan Stanley | Erik Woodring | $175 | $141.92 | -49.7% | Dec 7, 2022 |
| Morgan Stanley | Erik Woodring | $177 | $155.74 | -49.1% | Oct 28, 2022 |
| Rosenblatt Securities | Barton Crockett | $189 | $155.74 | -45.6% | Oct 28, 2022 |
| Needham | Laura Martin | $170 | $155.74 | -51.1% | Oct 28, 2022 |
| New Street | Pierre Ferragu | $155 | $155.74 | -55.4% | Oct 28, 2022 |
| Morgan Stanley | Ben Swinburne | $177 | $152.15 | -49.1% | Oct 25, 2022 |
| Citigroup | Brandon Nispel | $177 | $156.9 | -49.1% | Sep 21, 2022 |
| Evercore ISI | Analyst unavailable | $190 | $156.7 | -45.4% | Sep 20, 2022 |
| Wedbush | Dan Ives | $220 | $155.96 | -36.7% | Sep 8, 2022 |
| Morgan Stanley | Erik Woodring | $180 | $155.96 | -48.2% | Sep 8, 2022 |
| Oppenheimer | Martin Yang | $190 | $155.96 | -45.4% | Sep 8, 2022 |
| Mizuho Securities | Vijay Rakesh | $175 | $167.53 | -49.7% | Aug 24, 2022 |
| Credit Suisse | Shannon Cross | $201 | $174.55 | -42.2% | Aug 17, 2022 |
| Raymond James | Melissa Fairbanks | $185 | $162.64 | -46.8% | Jul 29, 2022 |
| Barclays | Analyst unavailable | $169 | $157.35 | -51.4% | Jul 29, 2022 |
| Morgan Stanley | Katy Huberty | $180 | $154.32 | -48.2% | Jul 27, 2022 |
| Wells Fargo | Aaron Rakers | $185 | $153.04 | -46.8% | Jul 20, 2022 |
| Barclays | Analyst unavailable | $166 | $145.86 | -52.3% | Jul 13, 2022 |
| Citigroup | Analyst unavailable | $175 | $145.86 | -49.7% | Jul 13, 2022 |
| Morgan Stanley | Katy Huberty | $185 | $145.86 | -46.8% | Jul 12, 2022 |
| Goldman Sachs | Rod Hall | $82 | $141.56 | -76.4% | Jul 6, 2022 |
| Deutsche Bank | Sidney Ho | $175 | $132.76 | -49.7% | Jun 14, 2022 |
| KeyBanc | Brandon Nispel | $147.22 | $147.32 | -57.7% | Jun 7, 2022 |
| UBS | David Vogt | $185 | $148.71 | -46.8% | Jun 7, 2022 |
| Bank of America Securities | Wamsi Mohan | $200 | $148.71 | -42.5% | Jun 7, 2022 |
| Citigroup | Jim Suva | $200 | $148.71 | -42.5% | Jun 7, 2022 |
| Needham | Laura Martin | $170 | $148.71 | -51.1% | Jun 7, 2022 |
| Evercore ISI | Amit Daryanani | $210 | $146.14 | -39.6% | Jun 6, 2022 |
| Goldman Sachs | Rod Hall | $157 | $151.21 | -54.8% | Jun 2, 2022 |
| HSBC | Nicolas Cote Colisson | $160 | $152.17 | -54.0% | May 11, 2022 |
| Rosenblatt Securities | Barton Crockett | $168 | $157.96 | -51.7% | May 3, 2022 |
| Morgan Stanley | Katy Huberty | $195 | $157.96 | -43.9% | May 2, 2022 |
| Deutsche Bank | Sidney Ho | $200 | $157.65 | -42.5% | May 1, 2022 |
| Loop Capital Markets | Brandon Nispel | $191 | $159.75 | -45.1% | Apr 29, 2022 |
| J.P. Morgan | Analyst unavailable | $200 | $163.64 | -42.5% | Apr 29, 2022 |
| Piper Sandler | Harsh Kumar | $195 | $163.64 | -43.9% | Apr 29, 2022 |
| Citigroup | Jim Suva | $200 | $157.65 | -42.5% | Apr 29, 2022 |
| Oppenheimer | Martin Yang | $190 | $157.65 | -45.4% | Apr 29, 2022 |
| Evercore ISI | Amit Daryanani | $210 | $157.65 | -39.6% | Apr 29, 2022 |
| Jefferies | Kyle McNealy | $200 | $157.65 | -42.5% | Apr 29, 2022 |
| Needham | Laura Martin | $170 | $157.65 | -51.1% | Apr 29, 2022 |
| Credit Suisse | Sami Badri | $169 | $157.65 | -51.4% | Apr 29, 2022 |
| Rosenblatt Securities | Barton Crockett | $184 | $161.79 | -47.1% | Apr 24, 2022 |
| Morgan Stanley | Katy Huberty | $210 | $170.09 | -39.6% | Apr 8, 2022 |
| Piper Sandler | Harsh Kumar | $200 | $171.83 | -42.5% | Apr 6, 2022 |
| UBS | David Vogt | $185 | $178.44 | -46.8% | Apr 4, 2022 |
| Bank of America Securities | Wamsi Mohan | $215 | $174.31 | -38.2% | Apr 2, 2022 |
| Wedbush | Dan Ives | $200 | $174.31 | -42.5% | Apr 1, 2022 |
| Loop Capital Markets | John Donovan | $210 | $163.98 | -39.6% | Mar 20, 2022 |
| KeyBanc | Brandon Nispel | $191 | $150.62 | -45.1% | Mar 14, 2022 |
| Evercore ISI | Amit Daryanani | $210 | $154.73 | -39.6% | Mar 13, 2022 |
| Barclays | Tim Long | $170 | $158.52 | -51.1% | Mar 10, 2022 |
| Needham | Laura Martin | $170 | $157.44 | -51.1% | Mar 8, 2022 |
| Tigress Financial | Ivan Feinseth | $210 | $172.79 | -39.6% | Feb 15, 2022 |
| Wells Fargo | Aaron Rakers | $205 | $176.28 | -41.0% | Feb 9, 2022 |
| Bernstein | Toni Sacconaghi | $170 | $172.39 | -51.1% | Feb 6, 2022 |
| Goldman Sachs | Rod Hall | $161 | $172.39 | -53.7% | Feb 4, 2022 |
| Credit Suisse | Sami Badri | $168 | $170.11 | -51.7% | Jan 29, 2022 |
| Raymond James | Chris Caso | $190 | $170.11 | -45.4% | Jan 28, 2022 |
| New Street | Pierre Ferragu | $165 | $170.11 | -52.5% | Jan 28, 2022 |
| Oppenheimer | Martin Yang | $190 | $170.11 | -45.4% | Jan 28, 2022 |
| D.A. Davidson | Tom Forte | $185 | $170.11 | -46.8% | Jan 28, 2022 |
| CFRA | Angelo Zino | $200 | $170.11 | -42.5% | Jan 28, 2022 |
| Robert W. Baird | William Power | $190 | $170.11 | -45.4% | Jan 28, 2022 |
| Citigroup | Jim Suva | $200 | $170.11 | -42.5% | Jan 28, 2022 |
| Jefferies | Kyle McNealy | $200 | $170.11 | -42.5% | Jan 28, 2022 |
| Canaccord Genuity | Michael Walkley | $200 | $170.11 | -42.5% | Jan 28, 2022 |
| Monness | Brian White | $199 | $170.11 | -42.8% | Jan 28, 2022 |
| Cowen & Co. | Krish Sankar | $200 | $170.11 | -42.5% | Jan 28, 2022 |
| Morgan Stanley | Katy Huberty | $200 | $171.18 | -42.5% | Dec 7, 2021 |
| Wolfe Research | Jeff Kvaal | $155 | $152.09 | -55.4% | Sep 1, 2021 |
| Argus Research | Jim Kelleher | $165 | $126.81 | -52.5% | Jun 11, 2021 |
Track every rating change on AAPL the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationApple Inc. is a global technology corporation that specializes in the conceptualization, production, and sale of a diverse suite of electronic devices. Its comprehensive hardware lineup features the well-known iPhone smartphones, Mac personal computers, and versatile iPad tablets. The company also supplies a range of wearables, smart home products, and accessories, including AirPods, Apple TV, Apple Watch, items from the Beats brand, and HomePod speakers. Beyond its device offerings, Apple delivers essential support services like AppleCare and robust cloud solutions. It oversees key digital platforms, prominently the App Store, which acts as a central hub for customers to discover and download countless applications and digital content, from e-books and music to videos, games, and podcasts. The company also generates revenue via advertising, leveraging both its proprietary ad platforms and third-party licensing deals.…
Historical context
All AAPL earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| INFY Infosys Limited | FY2027 Q2 · Calendar Q4 2026 | -4.8% | -6.6% | Infosys trims growth outlook as AI revenue and deal wins accelerate |
| SSNC SS&C Technologies Holdings, Inc. | FY2026 Q3 · Calendar Q4 2026 | +0.6% | +2.8% | SS&C raises 2026 outlook as AI and tokenization support growth |
| ROP Roper Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +1.7% | +9.7% | Roper raises DEPS outlook as AI adoption expands across portfolio |
| VRSN VeriSign, Inc. | FY2026 Q3 · Calendar Q4 2026 | -2.0% | -0.9% | VeriSign reports record registrations as renewal mix becomes a key watchpoint |
| TTMI TTM Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +16.8% | -27.7% | TTM Technologies Q3: Record Growth, Higher Investment, More Deal Risk |
| NOK Nokia Oyj | FY2026 Q3 · Calendar Q4 2026 | +25.0% | -14.8% | Nokia Q3: AI and cloud growth lifts margins as cash flow stays negative |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the AAPL recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-16T00:01:26.053560+00:00
- Polygon adjusted daily market bars · 2026-10-25T10:30:44.426617+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-25T10:30:44.423953+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-25. For educational purposes only; not investment advice.