Apple’s (AAPL) “Outperform” Rating Reiterated at Wedbush

Wedbush restated their outperform rating on shares of Apple (NASDAQ:AAPL) in a research note released on Tuesday morning,Benzinga reports. They currently have a $350.00 target price on the iPhone maker’s stock.

Several other research firms also recently weighed in on AAPL. Needham & Company LLC reiterated a “hold” rating on shares of Apple in a research report on Friday, January 30th. Wall Street Zen downgraded Apple from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Raymond James Financial restated a “market perform” rating on shares of Apple in a research report on Friday, January 2nd. DA Davidson reaffirmed a “neutral” rating and set a $270.00 price objective on shares of Apple in a research report on Friday, January 30th. Finally, CLSA increased their target price on shares of Apple from $265.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Apple has an average rating of “Moderate Buy” and a consensus target price of $292.13.

Apple Trading Down 1.4%

Shares of AAPL stock opened at $260.58 on Tuesday. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. Apple has a 12-month low of $169.21 and a 12-month high of $288.62. The stock has a market capitalization of $3.83 trillion, a P/E ratio of 32.94, a P/E/G ratio of 2.36 and a beta of 1.09. The firm’s 50 day moving average is $265.27 and its 200 day moving average is $256.99.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The company had revenue of $143.76 billion during the quarter, compared to analyst estimates of $138.25 billion. During the same quarter in the previous year, the company posted $2.40 earnings per share. Apple’s revenue was up 15.7% compared to the same quarter last year. Research analysts expect that Apple will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple’s payout ratio is 13.15%.

Institutional Investors Weigh In On Apple

A number of institutional investors and hedge funds have recently modified their holdings of the business. Reyes Financial Architecture Inc. boosted its position in Apple by 0.4% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock valued at $2,520,000 after acquiring an additional 37 shares in the last quarter. WESPAC Advisors LLC raised its position in shares of Apple by 0.3% in the 4th quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock worth $3,351,000 after acquiring an additional 39 shares in the last quarter. Interactive Financial Advisors Inc. lifted its stake in shares of Apple by 4.0% during the 4th quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker’s stock worth $286,000 after purchasing an additional 40 shares during the last quarter. American Alpha Advisors LLC boosted its position in Apple by 3.7% during the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker’s stock valued at $293,000 after purchasing an additional 41 shares in the last quarter. Finally, Orion Investment Co boosted its position in Apple by 0.3% during the fourth quarter. Orion Investment Co now owns 14,354 shares of the iPhone maker’s stock valued at $3,902,000 after purchasing an additional 41 shares in the last quarter. 67.73% of the stock is owned by institutional investors.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Wedbush reaffirms an “Outperform” rating and keeps a high $350 price target, arguing the recent pullback is unwarranted and that 2026 could be a big year for Apple’s AI push. Wedbush Reaffirms Outperform
• Positive Sentiment: Reports that Apple is testing new AI-focused consumer devices and accelerating work on AI wearables add to a constructive long-term narrative that could support revenue diversification beyond iPhone. As Apple Tests AI Devices
• Positive Sentiment: Apple TV signed a distribution agreement with EverPass Media to bring live sports to bars, hotels and other commercial venues — a small but tangible expansion of distribution and monetization for streaming sports content. Apple TV Partners With EverPass Media
• Positive Sentiment: Several institutional investors and hedge funds reportedly increased Apple stakes (e.g., Woodline, Driehaus), indicating fresh buying interest from some large managers. Woodline Boosts Apple Stake
• Neutral Sentiment: Google and Apple are both adding music-focused generative-AI features to consumer apps — a sign AI is moving into mainstream services but not an immediate revenue inflection for Apple. Google Gemini, Apple Add Music-Focused Generative AI Features
• Neutral Sentiment: Meta reportedly revived a smartwatch project aimed at competing with Apple Watch. This raises competitive noise but is not yet a confirmed near-term earnings risk. Meta Looks to Take on Apple With First Smartwatch
• Neutral Sentiment: Short-interest reports in the feed appear to show anomalies (zeros/NaN) and don’t provide a clear signal about sustained new bearish positioning. No reliable short-squeeze/pressure signal visible yet.
• Negative Sentiment: West Virginia’s attorney general sued Apple alleging iCloud end-to-end encryption is being used to store/distribute child sexual abuse material — a legal and reputational risk that investors view as potentially costly and regulatory-sensitive. Apple Sued Over Allegations of CSAM on iCloud
• Negative Sentiment: Berkshire Hathaway trimmed its Apple position in the latest 13F/filing cycle — headlines framed as “Buffett dumps more Apple.” While Berkshire remains a large shareholder, the reported trimming put pressure on sentiment and likely contributed to selling. Buffett Dumps More Apple

Apple Company Profile

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.