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Model output · Signal date 2026-10-15
Apple Inc. (AAPL) Stock Forecast Oct. 15, 2026
Analysis updated on Oct. 15, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
▼ Bearish
Exact rating locked
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Bottom 35%
of 4012 stocks scored
Rank correlation · 90D
51.0%
Spearman, 358 dates
Market Cap
$5.01T
mega-cap · #1 of 6 peers
Summary
Apple Inc. (AAPL) stock forecast summary
Our AI ranks Apple Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Apple Inc. is a mega-cap company with a market capitalization of $5.01T. It ranks number 1 by market capitalization among the 6 Electronic Computers issuers in our coverage with a current forecast.
For AAPL, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 51.0%, measured on 358 forecast dates between 2022-07-28 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 29.0%, measured on 400 forecast dates between 2022-07-28 and 2026-09-15. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.2%, buy ≥ +0.5%, sell < -0.6%, strong sell < -1.7% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-15 signals)
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AAPL price chart and AI forecast
Cross-section · 2026-10-15
How AAPL ranks among 4012 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-27
Apple Inc. (AAPL) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electronic Computers peers listed below that report each metric.
Valuation & Market
| Metric | AAPL | Rank |
|---|---|---|
| Market Cap | $5.01T | 1/6 |
| P/E Ratio | 39.38x | – |
| P/B Ratio | 46.55x | 1/5 |
| Dividend Yield | 0.31% | – |
| EPS | $8.71 | – |
| Book Value/Share | $7.37 | – |
| Revenue/Share | $31.99 | – |
| FCF/Share | $9.37 | – |
Profitability & Margins
| Metric | AAPL | Rank |
|---|---|---|
| ROE | 119.9% | – |
| ROA | 33.6% | – |
| ROIC | 66.2% | 1/6 |
| Gross Margin | 48.6% | 3/6 |
| Operating Margin | 33.2% | 1/6 |
| Net Margin | 27.6% | – |
| EBT Margin | 33.4% | 1/6 |
| Tax Rate | 17.3% | – |
Financial Health
| Metric | AAPL | Rank |
|---|---|---|
| Current Ratio | 1.00x | 4/6 |
| Quick Ratio | 0.93x | 4/6 |
| D/E Ratio | 2.56x | 2/5 |
| Financial Leverage | 3.56x | 2/5 |
| Interest Coverage | 26.9x | 1/5 |
| Working Capital | $492M | 2/6 |
Cash Flow
| Metric | AAPL | Rank |
|---|---|---|
| Operating Cash Flow | $146.72B | 1/6 |
| Free Cash Flow | $136.68B | 1/6 |
| Capital Spending | -$10.04B | 6/6 |
| OCF Growth YoY | 35.1% | – |
| FCF Growth YoY | 42.1% | – |
| FCF/Sales | 29.3% | 1/6 |
| CapEx/Sales | 2.1% | 4/6 |
Operational Efficiency
| Metric | AAPL | Rank |
|---|---|---|
| Asset Turnover | 1.22x | 2/6 |
| Receivables Turnover | 14.9x | 1/6 |
| Inventory Turnover | 21.6x | 1/6 |
| Fixed Assets Turnover | 9.1x | 5/6 |
| Days Sales Outstanding | 25 days | 6/6 |
| Days Inventory | 17 days | 6/6 |
| Payables Period | 98 days | 3/5 |
| Cash Conversion Cycle | -57 days | 5/5 |
Income Statement
| Metric | AAPL | Rank |
|---|---|---|
| Total Revenue | $466.82B | 1/6 |
| Operating Income | $154.86B | 1/6 |
| Net Income | $128.93B | – |
| R&D Expense | $42.90B | 1/6 |
| SG&A Expense | $29.36B | 1/6 |
| Cost of Goods Sold | $239.70B | 1/6 |
Dividend & Shareholder Information
| Metric | AAPL | Rank |
|---|---|---|
| Dividends Per Share | $1.07 | – |
| Payout Ratio | 12.3% | – |
| Shares Outstanding | 14594M | – |
| Net Income Growth | 29.9% | – |
| EPS Growth | 32.2% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $149.82B | 39.1% of assets |
| Cash & Short-term Investments | $39.54B | 10.3% of assets |
| Accounts Receivable | $31.40B | 8.2% of assets |
| Inventory | $11.09B | 2.9% of assets |
| Total Liabilities | $275.75B | 71.9% of assets |
| Short-term Debt | $84.80B | 22.1% of assets |
Quarterly Financial Reports
AAPL quarterly financials and insider trading
Industry Peers · Electronic Computers
Apple Inc. (AAPL) industry peers
Companies classified under the same SEC industry code as Apple Inc. (Electronic Computers): 6 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up freeWhere AAPL sits on the market map
Technology · Electronic Computers
News
Apple Inc. (AAPL) stock news
Earnings Preview: What to Expect From Apple's Report
Apple will release its fourth-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
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FAQ
Apple Inc. (AAPL) stock forecast FAQ
What is the Apple Inc. (AAPL) stock forecast?
Our AI ranks Apple Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Apple Inc. stock predictions?
For AAPL, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 51.0%, measured on 358 forecast dates between 2022-07-28 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 29.0%, measured on 400 forecast dates between 2022-07-28 and 2026-09-15. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Apple Inc. forecasts updated?
Apple Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 15, 2026.
Which companies are Apple Inc.'s industry peers?
6 issuers in our coverage, AAPL included, share the SEC industry code Electronic Computers. The largest are: Dell Technologies Inc. (DELL), Super Micro Computer, Inc. (SMCI), Omnicell, Inc. (OMCL), One Stop Systems, Inc. (OSS), Socket Mobile, Inc. (SCKT).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.