AAPL Stock Today: December 26 — Judge Stays Texas SB2420; Rules On Hold
AAPL stock today is in focus after a U.S. judge stayed Texas SB2420, the app-store age‑verification law. Apple said it will pause related App Store rule changes as it monitors the case. For Canadians, this reduces near-term regulatory risk tied to services revenue and developer policies. The latest available quote shows AAPL at US$273.81, near its 50-day average of US$271.05 and well above the 200-day average of US$230.56. We break down the legal impact, price action, and what to watch next.
Texas SB2420 stay: legal reset and near-term impact
On Dec. 23, a federal judge blocked Texas SB2420, halting app-store age checks while the case proceeds. Apple paused planned rule changes and said it will keep watching the litigation. This lowers compliance risk for AAPL stock today, especially for services margins and developer onboarding. See reporting from the New York Times source and Reuters source.
A stay means no immediate age‑verification buildout costs or friction for App Store sign‑ups. That supports near-term take rates and advertising flow. It also signals other states may rework proposals, reducing policy overhang. For developers, avoided compliance overhead can keep submission activity steady. Net effect: modestly positive for sentiment and services revenue visibility, with Apple regulatory risk cooler for now.
Price action and technical setup
The latest quote is US$273.81, with day range US$272.20 to US$275.43 and a 52‑week band of US$169.21 to US$288.62. AAPL stock today sits near the 50‑day average of US$271.05 and above the 200‑day of US$230.56. RSI at 48.97 is neutral, while ADX at 20.76 points to a weak trend. MACD histogram at -0.91 flags soft momentum.
Average True Range is 4.43, showing moderate daily swings. Bollinger Bands center at 276.95 with lower 268.52 and upper 285.37, so price is just below mid‑band. Keltner middle is 274.42. Together, AAPL stock today has room to re‑test 276‑277, with support near 268‑269 and resistance near 283‑285 if momentum firms.
Valuation, earnings, and Street views
Apple trades at a P/E of 36.61 on EPS of 7.47. Net margin is 26.92% and free cash flow per share is 6.61. Revenue per share is 27.84, and R&D is 8.30% of revenue. Inventory turns are 38.64, showing efficient hardware cycles. For AAPL stock today, balance sheet leverage is notable, with debt to equity at 1.52 and current ratio at 0.89.
Analysts show 48 Buy, 15 Hold, 12 Sell; median target is US$279, high US$350, low US$173; consensus target averages US$268.45. Earnings are due Jan. 29, 2026. Model paths point to US$254.35 monthly and US$296.25 in 3 years. AAPL stock today carries a Stock Grade A, score 80.03, with a BUY suggestion.
What Canadian investors should watch next
The SB2420 pause cools Apple regulatory risk and keeps App Store age checks on hold, limiting near-term cost creep for developers. Watch whether other states adjust proposals or courts cite this case. For AAPL stock today, services growth and App Store ad trends could benefit if friction remains low into the March quarter.
Quotes are in USD. Canadian returns face FX moves, so a stronger U.S. dollar can lift CAD returns and vice versa. Consider liquidity on primary U.S. venues and execution costs. For AAPL stock today, watch volume at 17.91M vs 46.95M average, which signals quieter tape; breakouts often need a pickup toward average volume.
Final Thoughts
The Texas SB2420 stay removes a near-term overhang on age checks and related compliance for the App Store. That supports services margins, developer activity, and ad monetization while the case proceeds. Technically, price sits near the 50‑day average with neutral RSI and weak trend strength, so catalysts matter. Our near-term watch list: any appeal steps, state policy copycats, and updates on Apple’s paused rule changes. For Canadian investors, focus on earnings Jan. 29, traffic and take rate signals in services, and whether volume climbs toward its average before any move toward the US$279 median target. This is informational only, not investment advice.
FAQs
A federal judge blocked Texas’s app‑store age‑verification law, so it will not take effect while the case continues. Apple paused planned App Store rule changes tied to age checks. That reduces immediate compliance costs and friction for sign‑ups, which can help services margins and developer activity in the near term.
The stay eases regulatory pressure on Apple’s services business, which supports sentiment. For Canadians, the key is earnings visibility and FX. Quotes are in USD, so CAD returns will vary with currency moves. Watch state policy updates, services growth commentary, and volume versus average to gauge follow‑through.
Not for now. The law is stayed while courts review it, so App Store age checks tied to SB2420 are on hold. Apple said it is pausing related changes and will monitor the case. Future rules may depend on appeals and whether other states revise their bills.
The 50‑day average near US$271 and the Bollinger middle near US$276 are key reference points. Support sits around US$268‑269, with resistance near US$283‑285. RSI near 49 is neutral, and ADX near 21 signals a weak trend, so a volume pickup would help confirm any breakout.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
