Apple (AAPL) Stock Price

Financial Performance

Apple's financial performance over the last quarter shows a significant decrease in revenue and gross profit. The company reported a revenue of $95.4B, down by -23.3% from the previous quarter; their gross profit was $44.9B, down by -23% from the previous quarter; and their operating income profit was $29.6B, which is also down by -30.9% from the previous quarter. Despite these decreases, Apple has maintained an EBITDA ratio of 0.34.

Stock Price

The current trading price for Apple's stock is at $200.42 with a PE ratio of 28.27 indicating that investors are willing to pay high prices per dollar of earnings made by the company; this suggests investor confidence in future growth prospects despite recent downturns in financial performance metrics such as revenue and gross profits.The EPS stands at 7.09 which indicates profitability on a per share basis but it has seen a decline over the past month (-0.9%). The RSI value stands at 40.6 suggesting neither overbought nor oversold conditions while its 200-day moving average is at $225.88 showing that current price is lower than this average.

Alternative Data Signals

In terms of alternative data signals, there seems to be mixed results: web traffic has decreased significantly (down by -24% YoY), however social media followings have shown considerable increases across Twitter, Instagram, TikTok and Facebook platforms (up between +2-84%). There are currently no new job openings indicating stability or stagnation in hiring trends depending on perspective while employee business outlook remains positive though somewhat diminished year-over-year (-1%).

Conclusion

In conclusion, Apple's stock performance presents a mixed picture. While there are significant decreases in financial metrics and web traffic, social media followings have shown substantial growth and employee outlook remains positive. The current stock price is below its 200-day moving average indicating potential undervaluation or bearish sentiment among investors.

Note: This AI Stock Analysis is based on data as of May 28. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Apple (AAPL), currently trading at $200.9, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.