Apple Stock Drops Ahead of Q3 Earnings

Apple stock closed down ahead of its fiscal third-quarter earnings results, with the company set to report numbers after the close. The conference call will start at 5 p.m. The decline in the stock comes as investors await the results, which could impact the company's future prospects and valuation.

Apple stock closed down ahead of its fiscal third-quarter earnings results, with the company set to report numbers after the close. The decline in the stock comes as investors await the results, which could impact the company's future prospects and valuation.

Apple (NASDAQ:AAPL) stock is currently trading at $211.27, down from its previous close. Analysts are expecting revenue of $89.34 billion, a 4.2% increase from a year earlier, and adjusted EPS of $1.43 [1]. Key metrics that investors will be watching include services growth, iPhone unit volumes, and any signs of supply chain pressure. Additionally, any tweaks to share buyback plans or dividend policy could sway sentiment [1].

The earnings report will provide vital clues on whether Apple can sustain its recent momentum. Margin trends and future guidance will likely drive trading in the hours after the release. The average target price for Apple Inc. is $231.35, with a high estimate of $300.00 and a low estimate of $139.00 [1]. The estimated GF Value for Apple Inc. in one year is $210.84, suggesting a downside of -0.20% from the current price of $211.27 [1].

In the most recent quarter, Apple reported a 10% year-over-year revenue increase and a 12% year-over-year EPS increase, driven by double-digit growth across iPhone, Mac, and services [3]. The company's strong performance was driven by exceptional iPhone sales, which grew 13% year-over-year to $44.58 billion, and Mac revenue, which increased 15% to $8.05 billion [3].

Apple's fiscal Q3 earnings review will be available on July 31, 2025, at 5 p.m. PT. The company will provide live streaming of its Q3 2025 financial results conference call, which will be available for replay for approximately two weeks thereafter [3].

References:
[1] https://finance.yahoo.com/news/buy-apple-stock-ahead-q2-162213857.html
[2] https://www.tikr.com/blog/apple-nasdaq-aapl-stock-gains-2-as-iphone-sales-surge-13-in-fiscal-q3
[3] https://www.apple.com/newsroom/2025/07/apple-reports-third-quarter-results/
[4] https://finance.yahoo.com/news/apple-fiscal-third-quarter-results-103303210.html