Apple (AAPL) Stock Price

Financial Performance

Apple's last quarter revenue was $95.4B, a decrease of -23.3% from the previous quarter. Gross profit was reported at $44.9B, down by -23% from the previous quarter, and operating income profit was $29.6B, showing a decrease of -30.9%. The EBITDA ratio stood at 0.34 indicating a relatively healthy level of profitability.

Stock Price

The current stock price is $245.5 which has shown an increase of 6% over the past month and an annual increase of 7.6%. The RSI value stands at a slightly overheated level of 67.76 hinting that the stock might be in overbought territory currently while the PE ratio is at a high level indicating that investors are willing to pay a higher price for each dollar of earnings given Apple’s strong reputation and performance history.

Alternative Data Signals

The company's web traffic stands strong with an estimated monthly rate of around 469174079 visitors showing slight growth on MoM basis but contraction YoY, possibly due to seasonal fluctuations or changing market dynamics affecting user behavior towards Apple's online presence.

In terms of business outlook as reported by employees, there seems to be stable sentiment with approximately 72% expressing positive views about the future prospects which can be seen as encouraging for potential investors.

Social media following across platforms like Twitter (9,960,531 followers), Instagram (34,685,275 followers), TikTok (6,300,000 followers) and Facebook (15,216152 followers) have all shown significant growth in follower counts over the past three months reflecting increasing brand popularity and reach.

Conclusion

In conclusion, despite some negative short-term financial indicators, the long-term performance of Apple's stock appears to be stable with a bullish outlook supported by strong brand popularity, positive business sentiment and robust web traffic. However, the high PE ratio and RSI values suggest that the stock might be slightly overvalued at its current price.

Note: This AI Stock Analysis is based on data as of September 20. 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 $245.5, will... Sign up to access price prediction.