Zacks Research Forecasts Apple’s Q2 Earnings (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL) – Investment analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for shares of Apple in a research note issued on Thursday, February 20th. Zacks Research analyst A. Ganguly now forecasts that the iPhone maker will post earnings per share of $1.59 for the quarter, down from their previous forecast of $1.68. The consensus estimate for Apple’s current full-year earnings is $7.28 per share. Zacks Research also issued estimates for Apple’s Q3 2025 earnings at $1.47 EPS, Q4 2025 earnings at $1.72 EPS, Q1 2026 earnings at $2.28 EPS and Q1 2027 earnings at $2.51 EPS.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%.

Other equities analysts have also recently issued research reports about the company. TD Cowen restated a “buy” rating on shares of Apple in a report on Tuesday, January 28th. Wells Fargo & Company upped their target price on Apple to $275.00 and gave the stock a “buy” rating in a report on Monday, December 9th. The Goldman Sachs Group upped their target price on Apple from $280.00 to $294.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Monness Crespi & Hardt upped their target price on Apple to $245.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $262.00 target price on shares of Apple in a report on Monday, January 27th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and an average price target of $242.52.

Apple Stock Performance

NASDAQ AAPL opened at $245.83 on Friday. The company has a market cap of $3.69 trillion, a P/E ratio of 39.02, a P/E/G ratio of 2.43 and a beta of 1.20. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The business’s 50 day moving average price is $240.52 and its 200-day moving average price is $232.29. Apple has a fifty-two week low of $164.07 and a fifty-two week high of $260.10.

Hedge Funds Weigh In On Apple

Several hedge funds and other institutional investors have recently made changes to their positions in AAPL. Drystone LLC purchased a new position in shares of Apple in the fourth quarter valued at approximately $25,000. Bull Oak Capital LLC increased its holdings in shares of Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after purchasing an additional 111 shares during the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of Apple in the second quarter valued at approximately $42,000. Life Planning Partners Inc acquired a new stake in shares of Apple in the fourth quarter valued at approximately $47,000. Finally, Conquis Financial LLC acquired a new stake in shares of Apple in the fourth quarter valued at approximately $63,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insiders Place Their Bets

In other Apple news, COO Jeffrey E. Williams sold 100,000 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $249.97, for a total transaction of $24,997,000.00. Following the transaction, the chief operating officer now owns 389,944 shares in the company, valued at approximately $97,474,301.68. This represents a 20.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.06% of the stock is currently owned by company insiders.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend was Monday, February 10th. Apple’s dividend payout ratio (DPR) is 15.87%.

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.