Rosenblatt Downgrades Apple Outlook Amid Positive Revenue Projections

Fintel reports that on May 2, 2025, Rosenblatt downgraded their outlook for Apple (LSE:0R2V) from Buy to Neutral.

Analyst Price Forecast Indicates Growth Potential

As of April 25, 2025, analysts estimate the average one-year price target for Apple at 240.34 GBX/share. This target reflects a potential growth of 12.83% compared to its latest closing price of 213.00 GBX/share. The projections range from a low of 141.92 GBX to a high of 313.91 GBX.

Projected Revenue and Earnings

Apple’s projected annual revenue stands at 448,014MM, showing an increase of 11.90%. Additionally, the projected annual non-GAAP EPS is 7.23.

Fund Sentiment Analysis

Currently, 7,664 funds and institutions hold positions in Apple, marking an increase of 460 owners, or 6.39%, in the last quarter. The average portfolio weight for all funds in 0R2V is 3.72%, which is up by 8.72%. Over the past three months, total shares owned by institutions rose by 3.33%, reaching 10,621,361K shares.

Institutional Shareholders’ Movements

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares now holds 473,592K shares, representing 3.15% ownership in the company, up from 457,849K shares, or a 3.32% increase. This firm has also raised its portfolio allocation in 0R2V by 9.56% over the last quarter.

VFINX – Vanguard 500 Index Fund Investor Shares holds 409,170K shares, accounting for 2.72% ownership, up from 398,082K shares, representing an increase of 2.71%. This firm increased its allocation in 0R2V by 4.51% in the past quarter.

Geode Capital Management owns 340,165K shares, equating to 2.26% ownership, which is an increase from the 333,858K shares held previously (up by 1.85%). Their portfolio allocation in 0R2V rose by 4.89% last quarter.

Berkshire Hathaway maintains 300,000K shares, translating to 2.00% ownership, with no changes from the last quarter.

Price T Rowe Associates holds 220,108K shares, equating to 1.47% ownership. This is a decrease from the previous 235,581K shares, showing a decline of 7.03%, although they raised their portfolio allocation in 0R2V by 0.54% over the last quarter.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.