Cupertino, California-based Apple Inc. (AAPL) manufactures and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company has a market cap of\u00a0$4 trillion and offers iPhone, a line of smartphones; Mac, a line of personal computers; wearables; home; and accessories, including AirPods, Apple Vision Pro, Apple TV, Apple Watch, and more.<\/p>\n
AAPL is expected to release its\u00a0Q2 2026 earnings on\u00a0Thursday, Apr. 30, after the market closes. Ahead of the event, analysts expect the company\u2019s\u00a0EPS to be $1.91 on a diluted basis, up 15.8% from $1.65 in the year-ago quarter. The company has exceeded Wall Street\u2019s EPS estimates in each of its last four quarters.<\/p>\n
For fiscal 2026, analysts project the company\u2019s EPS to be $8.49, up 13.8%\u00a0from $7.46 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 9.7% year over year (YoY) to $9.31 in fiscal 2027.<\/p>\n AAPL stock has surged\u00a038.8% over the past 52 weeks, outperforming the S&P 500 Index\u2019s ($SPX)\u00a034.7% rise but lagging behind the State Street Technology Select Sector SPDR ETF\u2019s (XLK)\u00a060.2% rise during the same time frame.<\/p>\n On Feb. 4, AAPL stock\u00a0rose marginally following the release of its\u00a0Q1 2026 earnings. The company\u2019s revenue rose 16% from the prior year\u2019s quarter to $143.8 billion, boasting 2.5 billion active devices for its installed base. Moreover, AAPL\u2019s adjusted EPS for the quarter amounted to $2.84, above Wall Street estimates.<\/p>\n Analysts are moderately bullish about AAPL, with the stock having a \u201cModerate Buy\u201d rating overall. Among the 42 analysts covering the stock, 23 are recommending a \u201cStrong Buy,\u201d three suggest a \u201cModerate Buy,\u201d 15 suggest a \u201cHold,\u201d and one suggests a \u201cStrong Buy.\u201d AAPL\u2019s average analyst price target of $295.22 is above the current price levels, but its Street-high price target of $350 offers a 28.4% upside potential.<\/p>\n On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally\u00a0published on Barchart.com <\/i><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>
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