Apple (NASDAQ:AAPL – Get Free Report) is expected to release its Q3 2026 results after the market closes on Thursday, July 30th. Analysts expect Apple to post earnings of $1.88 per share and revenue of $108.8482 billion for the quarter. Investors can check the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.
Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating the consensus estimate of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same quarter in the previous year, the firm earned $1.65 EPS. Apple’s quarterly revenue was up 16.6% on a year-over-year basis. On average, analysts expect Apple to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Apple Stock Performance
NASDAQ:AAPL opened at $325.89 on Thursday. The firm has a 50 day moving average of $305.49 and a 200-day moving average of $278.27. Apple has a 1 year low of $201.50 and a 1 year high of $334.99. The stock has a market capitalization of $4.79 trillion, a P/E ratio of 39.41, a price-to-earnings-growth ratio of 2.83 and a beta of 1.10. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.
Apple Increases Dividend
Apple News Roundup
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple reportedly plans a major overhaul of its Mac lineup to meet demand for AI-powered computers, with new versions of every Mac product expected. That could support future hardware upgrades and help Apple participate more directly in the AI spending cycle. Apple Plans To Overhaul Computers to Meet AI Demand
- Positive Sentiment: Apple is also set to launch a new “Apple Upgrade” device leasing program with Klarna, which could make iPhones, Macs, iPads and Apple Watches easier to finance and potentially lift replacement demand. Apple to launch ‘Upgrade’ device leasing program to spur sales, Bloomberg News reports
- Positive Sentiment: Several commentators remain constructive on Apple’s long-term momentum, arguing the company’s ecosystem, pricing power and upcoming product cycle still support the stock despite recent volatility. Why Apple (AAPL) is a Top Momentum Stock for the Long-Term
- Neutral Sentiment: Samsung’s new foldable launches and rising prices highlight the competitive pressure in premium mobile devices, while also signaling that Apple’s expected entry into foldables is increasingly on investors’ radar. Samsung unveils wider foldable phone, hikes prices as chip costs rise
- Neutral Sentiment: Apple remains a top-market-cap stock and is trading near peak valuations, which keeps sentiment mixed heading into earnings and makes the shares more sensitive to any disappointment. Is Apple stock overvalued? Here’s what AlphaSpace valuation metrics say.
- Negative Sentiment: Apple lost a key court bid in its Masimo dispute, leaving a $634 million Apple Watch patent verdict in place. That legal overhang is a direct negative for sentiment because it preserves a costly judgment and keeps the litigation risk alive. Apple Fails to Overturn $634 Million Masimo Verdict
- Negative Sentiment: Some investors and analysts are warning that Apple’s stock has become expensive after a strong run, which is pressuring the shares as traders lock in gains ahead of earnings. The Risk in Apple’s Stock That Nobody Is Talking About
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. UBS Group set a $365.00 price target on shares of Apple in a research report on Tuesday. Royal Bank Of Canada set a $365.00 price target on Apple in a research report on Wednesday, July 15th. Wedbush restated an “outperform” rating and issued a $400.00 price objective on shares of Apple in a report on Friday, June 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Apple in a report on Wednesday, July 15th. Finally, HSBC upgraded Apple from a “hold” rating to a “buy” rating and upped their price objective for the company from $260.00 to $366.00 in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Apple currently has a consensus rating of “Moderate Buy” and a consensus target price of $325.71.
Check Out Our Latest Analysis on AAPL
Insider Buying and Selling
In other news, insider Ben Borders sold 1,274 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the transaction, the insider directly owned 38,713 shares in the company, valued at $11,226,770. This trade represents a 3.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.06% of the company’s stock.
Hedge Funds Weigh In On Apple
A number of hedge funds have recently bought and sold shares of AAPL. Valley Financial Group Inc. raised its holdings in Apple by 89.5% during the 4th quarter. Valley Financial Group Inc. now owns 8,895 shares of the iPhone maker’s stock valued at $2,418,000 after buying an additional 4,201 shares during the last quarter. Strive Financial Group LLC purchased a new position in shares of Apple in the 4th quarter valued at approximately $5,983,000. Blue Sparrow LLC DE bought a new stake in shares of Apple during the 4th quarter valued at $297,931,000. Mercer Global Advisors Inc. ADV grew its holdings in Apple by 9.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,601,785 shares of the iPhone maker’s stock worth $1,787,998,000 after purchasing an additional 551,772 shares during the period. Finally, Summit Global Investments increased its position in Apple by 12.5% during the 4th quarter. Summit Global Investments now owns 106,487 shares of the iPhone maker’s stock valued at $28,950,000 after buying an additional 11,805 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.
About Apple
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.
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