Apple Inc

AAPL

Technology · Market cap $4.28T

$291.13

Current price

P/E

35.2

Revenue (FY25)

$416.2B

Gross margin

46.5%

Net margin

24.3%

Risk score

4.2/ 10

Premium valuation (P/E 35) leaves little margin for an earnings miss.
Revenue concentration in iPhone keeps results sensitive to a single product cycle.
Strong balance sheet and cash generation cushion the downside.

Illustrative fair value

$172 – $205

$172-41%Now $291.13-30%$205

Illustrative PE-band range only — not a price target or investment advice.

Analyst rationale

Apple continues to compound revenue and margins, with FY25 revenue of $416B and a 46.5% gross margin. The current price sits well above the illustrative PE-band range, so the market is pricing in continued premium execution. The main questions are valuation and iPhone concentration rather than balance-sheet health.

Next 48 hours

Read the latest 10-K risk factors.
Confirm the FY25 revenue figure against the filing.

Next 2 weeks

Compare the gross-margin trend against peers.
Model a downside case at a 25x P/E.

Watchlist triggers

Flag if P/E falls below 28.
Flag on quarterly revenue growth below 3%.

HawkEye is an analysis tool, not personalised investment advice. It compiles public data and AI-generated analysis for informational purposes only. It does not issue buy, sell, or hold recommendations. You are solely responsible for your own decisions. Verify figures against the cited sources before acting.