苹果股价在最新季度财报发布前备受关注

苹果公司(NAS100:AAPL)股价在最新季度财报发布前徘徊在关键阻力位附近,iPhone 的销售正努力应对成本上涨和激烈的市场竞争。

AAPL – Weekly Chart

AAPL – 周线图

苹果股价在260美元附近遭遇阻力,该价位曾于2024年底限制其上涨。

华尔街分析师正在调整对苹果公司股价的预期,该公司将于周四收盘后发布第一季度财报。iPhone 的强劲需求一直在抵消成本压力、日益激烈的竞争以及服务行业增长放缓的影响。

市场普遍预期这家iPhone制造商12月季度的营收将达到1384亿美元,每股收益为2.67美元。预计每股收益和营收将至少同比增长11%,但尽管iPhone销售强劲,分析师目前仍下调了利润率预期。

分析师关注的另一个问题是,2026 年第一季度财报中 iPhone 的强劲表现能否抵消利润率压力和不断上涨的运营成本。尽管面临来自三星和华为等公司的日益激烈的竞争,苹果的盈利近年来仍持续增长。其科技巨头竞争对手谷歌也在人工智能驱动的硬件和软件领域不断取得进展。

摩根士丹利分析师 Erik Woodring 将苹果的目标股价定为 315 美元,但他同时提醒投资者,财报发布后该股可能“横盘整理或小幅下跌”。

这家投资银行认为成本假设过于乐观,预计 3 月份季度的运营成本将比市场普遍预期高出 7%,毛利率则比市场普遍预期低 30 个基点,主要原因是内存成本上升。

分析师还认为6月份季度存在下行风险,由于内存相关的成本压力,每股收益预期为1.62美元,低于市场普遍预期的1.71美元。历史数据显示,苹果在第一季度的表现也逊于标普500指数,低于其他任何时期。

即将发布的财报将决定股价最近的下跌是一次较大的回调,还是一次短期波动。

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