Apple (AAPL) Stock Price

Financial Performance

Apple's recent financial performance shows mixed signals. The company reported a significant quarterly decrease in revenue, gross profit, and operating income with -23.3%, -23%, and -30.9% respectively. However, the EBITDA ratio of 0.34 suggests that Apple still maintains a healthy level of profitability.

Stock Price

The stock is currently trading at $234.07, up by 1.1% over the last month and by 5.2% year over year which indicates a positive trend in stock price performance. The RSI value stands at 55.61, suggesting that the stock is neither overbought nor oversold while the stock's price is above its 200-day moving average ($221), indicating an upward trend in the long term.

Alternative Data Signals

Alternative data also provides some interesting insights about Apple's business activity and popularity among consumers and job seekers alike.The web traffic to Apple’s site has moderately increased by 1.2% on a monthly basis but decreased slightly (-7.6%) on an annual basis which might indicate fluctuating interest towards their products or services online.However,the social media following across platforms like Twitter, Instagram,TikTok,and Facebook has seen substantial growth ranging from +3% to +103%. This could imply increasing brand popularity or effective marketing strategies.Although there are no new job postings this month,it doesn't necessarily indicate negative signal as it could be due to various reasons such as seasonal changes or already having sufficient workforce.

The employee business outlook remains positive with around 72 % of employees reporting optimism about the company's future although there has been slight decline compared to previous year.

Conclusion

Overall, Apple's stock performance analysis leans towards being bullish. The company’s financials, despite recent quarterly decreases, still portray a healthy profitability level. The stock price is in an upward trend and alternative data signals show increasing popularity among consumers.However,the slight decline in employee business outlook and web traffic on annual basis suggests areas that might require attention.

Note: This AI Stock Analysis is based on data as of September 13. 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 $234.1, will... Sign up to access price prediction.