Apple Stock Drops 192% in Trading Volume Fourth Highest

On June 11, 2025, Apple (AAPL) experienced a decline of 1.92%, with a trading volume of $12.161 billion, making it the fourth highest in the day's market activity.

Goldman Sachs maintained its "Buy" rating for Apple, setting a price target of $253. This decision comes despite the tech giant's annual developers' conference on Monday, where it failed to introduce any groundbreaking AI innovations.

Apple's stock currently holds a Zacks Rank #3 (Hold), suggesting that investors might want to wait for a more favorable entry point. The Zacks Consensus Estimate for Apple's fiscal 2025 earnings has slightly decreased to $7.11 per share, indicating a downward trend in estimates.

Among 29 Wall Street analysts, Apple's stock has a consensus rating of Moderate Buy. This rating is based on 16 Buy recommendations, nine Hold recommendations, and four Sell recommendations.