Apple Inc. (AAPL) earnings on April 30, 2026
Prior outlook: Optimistic Outcome: Accurate
Apple shares rose after the company reported its latest results. The stock climbed as much as 6% before settling at a 3% gain.
AAPL price around the earnings
280.14
Change: +3.2%
2026-05-01, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
Analyst support, but conviction waning near resistance.
Analysts generally recommend buying Apple, with price targets indicating some upside, and the company has a perfect record of beating earnings expectations. However, the stock is nearing a resistance level on low market review volume, suggesting a lack of strong conviction.
Context analyzed before publication
- Summary
- Analyst support, but conviction waning near resistance.
- Reasoning
- Analysts generally recommend buying Apple, with price targets indicating some upside, and the company has a strong recent record of beating earnings expectations. However, the stock is nearing a resistance level on low market review volume, suggesting a lack of strong conviction.
- Playbook
- Given the mixed contexts, the scenario suggests waiting for a clearer context or a pullback before increasing exposure.
- Trend
- First evaluation, no trend yet
Analysts
Drivers
-
Analysts
Positive
Analysts maintain a 'Buy' recommendation with price targets citing an optimistic scenario. The company consistently beats earnings expectations.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.89
- Analysts covering the stock
- 40
- Average price target
- 297.88
- Lowest price target
- 215
- Highest price target
- 350
- Upside to price target
- 9.1%
- Quarterly earnings growth
- 15.9%
- Revenue growth
- 15.7%
- Forward EPS
- 9.37
- Trailing EPS
- 7.89
- Analyst moves in the last 60 days
- 10
- Strong buy: 7
- Buy: 24
- Hold: 14
- Sell: 1
- Strong sell: 1
- Strong buy
- 7
- Buy
- 24
- Hold
- 14
- Sell
- 1
- Strong sell
- 1
- April 28, 2026 · UBS: Maintains rating (Neutral → Neutral)
- April 21, 2026 · Wedbush: Reiterates rating (Outperform → Outperform)
- April 21, 2026 · Rosenblatt: Maintains rating (Neutral → Neutral)
- April 17, 2026 · BNP Paribas: Upgrades rating (Neutral → Outperform)
- April 14, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- March 31, 2026 · Wedbush: Reiterates rating (Outperform → Outperform)
- March 27, 2026 · Wedbush: Reiterates rating (Outperform → Outperform)
- March 23, 2026 · Morgan Stanley: Reiterates rating (Overweight → Overweight)
- March 23, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- March 5, 2026 · Wedbush: Reiterates rating (Outperform → Outperform)
News and sentiment
Drivers
-
News & sentiment
Neutral
While sentiment is overwhelmingly positive, the low volume accompanying the recent price rise suggests a lack of strong conviction from investors.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- Apple Stock Trades Above Key Levels Ahead Of Q2 Earnings — Benzinga
- Apple Earnings Prediction Market Preview: What Will Tim Cook Say? — Benzinga
- Apple Q2 Preview: A New CEO, AI Doubts — Every Word Matters Now — Benzinga
- Apple Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock is approaching a significant resistance level, with limited room for further immediate gains. The recent price increase occurred on low market review volume.
Evidence
- Average true range (ATR)
- 2%
- Distance to 52-week high
- -5.4%
- 14-day change (14d)
- +5.4%
- 30-day change
- +9.7%
- 30-day relative strength
- +1.1%
- Benchmark change
- +8.6%
- Nearest support
- 245.55
- Nearest resistance
- 275.71
- Volume accumulation ratio
- 1
Trends
Evidence
- Average earnings surprise
- +5.5%
- January 29, 2026: actual EPS 2.84 vs estimate 2.67 (surprise +6.3%)
- October 30, 2025: actual EPS 1.85 vs estimate 1.77 (surprise +4.5%)
- July 31, 2025: actual EPS 1.57 vs estimate 1.43 (surprise +9.5%)
- May 1, 2025: actual EPS 1.65 vs estimate 1.62 (surprise +1.7%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2.6%
- 75th percentile move
- 4.2%
- 90th percentile move
- 6.2%
- Up / down moves
- 8 / 11
- Average up move
- +4.0%
- Average down move
- -1.9%
Monitoring and close
What Apple Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +3.2%
- Max favorable move (MFE)
- 5.8%
- Max adverse move (MAE)
- 0.4%