Fintel reports that on July 15, 2024, Loop Capital upgraded their outlook for Apple (XTRA:APC) from Hold to Buy.
Analyst Price Forecast Suggests 6.16% Downside
As of July 4, 2024, the average one-year price target for Apple is 201,85 €/share. The forecasts range from a low of 153,78 € to a high of 268,08 €. The average price target represents a decrease of 6.16% from its latest reported closing price of 215,10 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Apple is 423,122MM. The projected annual non-GAAP EPS is 6.72.
What is the Fund Sentiment?
There are 6,919 funds or institutions reporting positions in Apple. This is an increase of 97 owner(s) or 1.42% in the last quarter. Average portfolio weight of all funds dedicated to APC is 3.09%, an increase of 14.80%. Total shares owned by institutions decreased in the last three months by 2.05% to 9,874,991K shares.
What are Other Shareholders Doing?
Berkshire Hathaway holds 789,368K shares representing 5.15% ownership of the company. In its prior filing, the firm reported owning 905,560K shares , representing a decrease of 14.72%. The firm decreased its portfolio allocation in APC by 18.69% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 461,127K shares representing 3.01% ownership of the company. In its prior filing, the firm reported owning 463,726K shares , representing a decrease of 0.56%. The firm decreased its portfolio allocation in APC by 19.25% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 365,796K shares representing 2.39% ownership of the company. In its prior filing, the firm reported owning 357,127K shares , representing an increase of 2.37%. The firm decreased its portfolio allocation in APC by 19.56% over the last quarter.
Geode Capital Management holds 307,721K shares representing 2.01% ownership of the company. In its prior filing, the firm reported owning 300,823K shares , representing an increase of 2.24%. The firm decreased its portfolio allocation in APC by 19.43% over the last quarter.
Price T Rowe Associates holds 206,972K shares representing 1.35% ownership of the company. In its prior filing, the firm reported owning 210,827K shares , representing a decrease of 1.86%. The firm decreased its portfolio allocation in APC by 20.24% over the last quarter.
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