Apple stock heads toward November 2 earnings with 9% guidance
Published on 10/07/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Apple Inc. (ISIN US0378331005) was trading at USD 335.26 on Nasdaq on October 7, 2026, at 11:08 a.m. ET, up 0.49 percent from the prior close of USD 333.63. The next major checkpoint is the fiscal fourth-quarter report scheduled for November 2.
November 2 is the next checkpoint
MacRumors reported on October 6, 2026, that Apple will publish its fiscal Q4 2026 results on November 2 at 1:30 p.m. PT, followed by a 2:00 p.m. PT conference call. The quarter covers June 28 through September 26 and includes launch-week iPhone 18 Pro sales.
The same report said Apple guided for fiscal Q4 revenue growth of 9 percent to 11 percent year over year. Against fiscal Q4 2025 revenue of USD 102.5 billion, that guidance implies USD 111.7 billion to USD 113.7 billion in quarterly revenue.
Q3 raised the earnings bar
Apple's fiscal Q3 2026 revenue reached USD 109.4 billion for the quarter ended June 27, up 16 percent year over year, according to Financial News on October 3, 2026. Diluted EPS was USD 2.02 against a USD 1.89 consensus, while net income reached USD 29.8 billion.
Services revenue rose 12 percent to USD 30.74 billion but came in below the USD 31.22 billion consensus cited by Financial News. That split matters for the November report because Apple's revenue guidance points to slower growth than the 16 percent delivered in fiscal Q3.
Analyst targets show limited headroom
Investing.com reported on October 1, 2026, that Morgan Stanley cut its Apple target from USD 360 to USD 355 while retaining an Overweight rating. The bank cited limited upside after a strong six-month run and pressure from lower iPhone pricing and higher memory costs.
MarketBeat listed a Moderate Buy consensus from 42 analysts, comprising one Strong Buy, 25 Buy, 14 Hold and two Sell ratings, with an average target of USD 340.02. The average target sits above the current quote, but the narrow gap leaves the November revenue outcome central to the valuation discussion.
Apple stock stays near yearly high
Apple stock was trading at USD 335.26 on Nasdaq on October 7, 2026, 2.92 percent below its 52-week high of USD 345.34 and above its 52-week low of USD 243.42. The market capitalization was USD 4.9 trillion on the same date.
Apple stock facts
- Company: Apple Inc.
- ISIN: US0378331005
- Ticker: AAPL
- Trading venue: Nasdaq
- Price (as of October 7, 2026, 11:08 a.m. ET): USD 335.26
- Market capitalization: USD 4.9 trillion (as of October 7, 2026)
- 52-week range: USD 243.42-345.34 (as of October 7, 2026)
- Sector / Industry: Information Technology / Technology Hardware, Storage and Peripherals
Upcoming dates for Apple stock
- November 2, 2026: Fiscal Q4 2026 earnings report and conference call
