Apple (AAPL) to Release Quarterly Earnings on Thursday

Apple (NASDAQ:AAPL) is expected to be posting its Q3 2026 results after the market closes on Thursday, July 30th. Analysts expect the company to announce earnings of $1.88 per share and revenue of $109.0389 billion for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, July 30, 2026 at 5:00 PM ET.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share 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 company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same period in the prior year, the company posted $1.65 EPS. The company’s revenue was up 16.6% compared to the same quarter last year. On average, analysts expect Apple to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Apple Trading Up 0.9%

Shares of AAPL opened at $340.08 on Wednesday. Apple has a 1 year low of $201.50 and a 1 year high of $342.89. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The stock has a 50 day simple moving average of $308.22 and a 200-day simple moving average of $280.18. The stock has a market cap of $4.99 trillion, a PE ratio of 41.12, a PEG ratio of 2.91 and a beta of 1.10.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.08 annualized dividend and a yield of 0.3%. This is a positive change from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is presently 13.06%.

Insider Buying and Selling at Apple

In other news, insider Ben Borders sold 116 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the sale, the insider owned 38,713 shares in the company, valued at $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is currently owned by insiders.

Institutional Trading of Apple

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AAPL. Capstone Wealth Management Group LLC increased its holdings in Apple by 0.5% in the 1st quarter. Capstone Wealth Management Group LLC now owns 14,809 shares of the iPhone maker’s stock valued at $3,290,000 after buying an additional 74 shares during the period. Titan Wealth CI Ltd acquired a new position in shares of Apple in the 4th quarter valued at approximately $133,000. Brandywine Global Investment Management LLC bought a new stake in shares of Apple during the 4th quarter worth approximately $202,000. Collier Financial bought a new stake in shares of Apple during the 3rd quarter worth approximately $149,000. Finally, Sagard Holdings Management Inc. acquired a new stake in shares of Apple during the 2nd quarter worth approximately $121,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on AAPL. Robert W. Baird upped their price target on Apple from $310.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Morgan Stanley set a $364.00 price objective on Apple and gave the company an “overweight” rating in a report on Thursday, July 23rd. Royal Bank Of Canada set a $365.00 target price on shares of Apple in a research note on Wednesday, July 15th. KGI Securities lowered shares of Apple from an “outperform” rating to a “hold” rating and set a $315.00 target price on the stock. in a report on Monday, June 22nd. Finally, BNP Paribas Exane upgraded shares of Apple from a “neutral” rating to an “outperform” rating and set a $300.00 target price for the company in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $327.40.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Investor optimism is building ahead of earnings. Analysts expect continued strength in iPhone and Services revenue, while Goldman Sachs raised its price target and projected outperformance in iPhone and Mac sales. Options activity also indicates expectations for a substantial post-earnings move. Goldman raises Apple price target
• Positive Sentiment: Apple launched Apple Upgrade, a U.S. leasing program powered by Klarna. Customers can lease iPhones, Macs, iPads and Apple Watches through monthly payments, including iPhone plans starting at $17.99. The program could improve affordability, support upgrade frequency and broaden access to Apple’s hardware ecosystem. Apple launches US device leasing program with Klarna
• Neutral Sentiment: Apple’s privacy positioning is receiving favorable attention after users’ seemingly private Claude AI conversations appeared in Google search results. The publicity may reinforce Apple’s privacy brand, although the direct financial impact is unclear. Claude chats exposed in Google searches
• Negative Sentiment: Valuation and execution risks are elevated. KeyBanc remains bearish, citing slowing unit and user growth, while Apple’s premium earnings multiple leaves limited room for an earnings or outlook disappointment. Investors will closely watch iPhone demand, Services growth, margins and management commentary during Tim Cook’s final earnings call as CEO. Apple earnings preview
• Negative Sentiment: Rising memory and component costs could pressure hardware margins, particularly if tariffs restrict Apple’s access to lower-cost Chinese suppliers. Separately, a lawsuit alleges that a fraudulent Bitcoin wallet app on the App Store caused about $1.8 million in losses, creating a modest App Store oversight and reputational risk. Memory tariffs and Apple margins

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.