Apple's Trading Volume Surges to $106.60 Billion Ranking Sixth in Market Activity

On April 30, 2025, Apple's trading volume reached $106.60 billion, marking a 37.21% increase from the previous day and ranking sixth in the day's stock market activity. Apple (AAPL) shares rose by 0.61%, extending a seven-day winning streak with a 10.01% gain over the past week.

Morgan Stanley, a prominent U.S. investment bank, has upgraded Apple's stock ahead of its quarterly earnings report on May 1, indicating potential upside for the company.

Raymond James has increased its price target for Apple shares to $250.00, maintaining a "buy" rating in a research report released on April 4th.

Apple is set to report its Q2 FY25 earnings on May 1. The company's revenue is expected to grow by 4.1% year over year to $94.45 billion, a reversal from the 4.3% decrease recorded in the same quarter last year. Adjusted earnings are projected to be $1.62 per share.

Analysts are anticipating Apple to deliver quarterly earnings of $1.60 per share, reflecting a 4.6% growth compared to the same quarter in the prior year.

Barclays has lowered its price target for Apple to $173 from $197, maintaining an "underweight" rating on the shares. The firm expects Apple's March quarter performance to be impacted by various factors.