Apple ETFs in Focus Ahead of Fiscal Q2 Earnings

From Nasdaq: 2025-04-30 12:15:00

Apple is set to release second-quarter fiscal 2025 results, with shares down 16% this year. Positive earnings revision activity hints at a potential beat for the tech giant. Analysts offer a 1.96 recommendation with a price target range of $188.00 to $325.00. Apple faces challenges with tariffs and plans to shift iPhone assembly to India by 2026.

Apple’s vulnerability to tariffs, especially with 90% of iPhones made in China, may impact earnings. Analysts warn of risks in a trade war with China. President Trump expects tariffs to decrease but not to zero. Apple anticipates “low to mid-single digit” sales growth in the fiscal second quarter.

ETFs with high exposure to Apple include VGT, FTEC, IYW, and XLK. Apple’s strong service revenues may offset iPhone softness. The tech giant has an Earnings ESP of -0.16% and a Zacks Rank #3 (Hold), with positive earnings estimate revisions. Despite a Growth Score of A, Apple’s stock is trading at a premium to the industry average.

Analysts predict potential impacts from trade tensions and AI development challenges on Apple. Bank of America cut its price target for Apple stock due to economic uncertainty. Apple’s shift of iPhone assembly to India by 2026 aims to mitigate risks. The tech giant expects modest sales growth in the fiscal second quarter.



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