Apple (AAPL): How Will Stock Perform After Q2 Earnings Report?
It is that time of year again for the US stock market, as earnings data is abounding for some of the biggest companies on the planet. That being said, all eyes are not only on what will be gleaned from the data but also on how the companies will respond. One mega-cap company that has all eyes on it is Apple (AAPL), with traders anxiously awaiting how the stock will perform after its upcoming Q2 earnings report.
The tech giant has struggled mightily throughout the first three months of the year. However, it has certainly not been alone, as a host of Magnificent 7 companies have failed to live up to lofty expectations after 2024. With macroeconomic uncertainty and tariff turmoil, the upcoming earnings data may be critical to where the iPhone developer goes from here.
Also Read: Apple to Source all US iPhones from India, Pivots Away from China
Apple Nears Critical Q1 Earnings Data: What Will Happen to the Stock?
At the start of April’s final week, big tech stocks took yet another hit. The turn comes after a notable reversal last week, with the Dow Jones index dropping more than 200 points. With massive earnings data set to be revealed this week, it is a critical time frame for these companies.
Yet, the largest company in the world perhaps has more riding on this week than most do. Indeed, Apple (AAPL) is set to announce its Q2 earnings, with all eyes on how the stock will respond. To start, the discussions around the impending earnings report will focus on tariffs, first and foremost.
Also Read: Apple (AAPL) Gets $250 Target & Outperform Rating: Here’s Why
Yahoo Finance Technology Editor Dan Howley recently stated that there are three key points of emphasis for investors. Specifically, the earnings report will need to cover tariffs, iPhone growth, and Apple Intelligence. Additionally, Howley projected revenue to come in at $94.2 billion, up from the $90.7 billion of the previous quarter.
However, he also states that iPhone revenue will be set to come in at $45.6 billion. That would be a notable decline from the $45.9 it saw in Q2 of 2024. Altogether, Howley projected that uncertainty will still be the prevailing thing during the earnings report. Indeed, he told investors not to expect a clear plan to navigate the import duty increases.
The stock was up less than 1% on Monday and trading at the $209 level. It has been given a predominantly neutral rating, with a $245 median price target. Moreover, its bull-case projection sits at $308, representing 47% upside for the stock. However, that will depend massively on whether Q3 guidance comes with a tariff plan. Alternatively, it has a bear-case $141 projection, showing 32% downside risk.
Read More
Apple (AAPL): How Will Stock Perform After Q2 Earnings Report?
It is that time of year again for the US stock market, as earnings data is abounding for some of the biggest companies on the planet. That being said, all eyes are not only on what will be gleaned from the data but also on how the companies will respond. One mega-cap company that has all eyes on it is Apple (AAPL), with traders anxiously awaiting how the stock will perform after its upcoming Q2 earnings report.
The tech giant has struggled mightily throughout the first three months of the year. However, it has certainly not been alone, as a host of Magnificent 7 companies have failed to live up to lofty expectations after 2024. With macroeconomic uncertainty and tariff turmoil, the upcoming earnings data may be critical to where the iPhone developer goes from here.
Also Read: Apple to Source all US iPhones from India, Pivots Away from China
Apple Nears Critical Q1 Earnings Data: What Will Happen to the Stock?
At the start of April’s final week, big tech stocks took yet another hit. The turn comes after a notable reversal last week, with the Dow Jones index dropping more than 200 points. With massive earnings data set to be revealed this week, it is a critical time frame for these companies.
Yet, the largest company in the world perhaps has more riding on this week than most do. Indeed, Apple (AAPL) is set to announce its Q2 earnings, with all eyes on how the stock will respond. To start, the discussions around the impending earnings report will focus on tariffs, first and foremost.
Also Read: Apple (AAPL) Gets $250 Target & Outperform Rating: Here’s Why
Yahoo Finance Technology Editor Dan Howley recently stated that there are three key points of emphasis for investors. Specifically, the earnings report will need to cover tariffs, iPhone growth, and Apple Intelligence. Additionally, Howley projected revenue to come in at $94.2 billion, up from the $90.7 billion of the previous quarter.
However, he also states that iPhone revenue will be set to come in at $45.6 billion. That would be a notable decline from the $45.9 it saw in Q2 of 2024. Altogether, Howley projected that uncertainty will still be the prevailing thing during the earnings report. Indeed, he told investors not to expect a clear plan to navigate the import duty increases.
The stock was up less than 1% on Monday and trading at the $209 level. It has been given a predominantly neutral rating, with a $245 median price target. Moreover, its bull-case projection sits at $308, representing 47% upside for the stock. However, that will depend massively on whether Q3 guidance comes with a tariff plan. Alternatively, it has a bear-case $141 projection, showing 32% downside risk.
Read More