5 Most Anticipated Earnings to Watch in October

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 128

Apple Inc. (NASDAQ:AAPL) will be releasing its fiscal fourth quarter results at the end of this month. While many are concerned about the company’s upcoming earnings, Citi analyst Jim Suva remains optimistic about the stock.

Referring to his recent market checks, Suva said Apple Inc. (NASDAQ:AAPL) would achieve its original outlook of producing 90 million units of iPhone 14. Suva kept a “Buy” rating and a price target of $185 per share for the stock.

Meanwhile, analysts, on average, expect Apple Inc. (NASDAQ:AAPL) to earn $1.26 per share on revenue of $88.74 billion. This compares to earnings of $1.24 per share on revenue of $83.4 billion posted by the smartphone giant in the corresponding period of 2021.