Wells Fargo & Company has increased its price target for Apple Hospitality REIT (NYSE:APLE) to $18 from $17, maintaining an "equal weight" rating. This adjustment comes as the company's shares rose 1.8% to $18.36 after exceeding quarterly earnings and revenue estimates. Despite mixed analyst sentiment, with a consensus "Hold" rating, several firms have recently upgraded the stock or raised their price targets.
Original sourceAPLENYSEReal Estate
APPLE HOSPITALITY REIT INC
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$18.88
+4.02%
Alpha Vantage · 11/6/2026
Industry: REIT - Hotel & MotelCategory: Domestic Common StockCurrency: USDNews: 1 recent
Analyze APLE free One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+16.9%
3 months
+21.9%
6 months
+37.6%
1 year
+79.8%
Year to date
+68.4%
52-week range
$10.50 – $18.88
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$4.46B
P/E
24.1
P/B
1.4
P/S
3
Revenue
$1.47B
Net income
$184.86M
Diluted EPS
0.79
Gross margin
65.00%
Net margin
12.60%
Return on equity
5.90%
Total debt
$1.59B
Cash
$42.67M
Free cash flow
$299.98M
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $398.33M | $60.47M | 66.20% | 15.20% | $118.92M |
| Jun 30, 2026 | $402.55M | $67.08M | 67.30% | 16.70% | $110.74M |
| Mar 31, 2026 | $337.74M | $27.7M | 63.20% | 8.20% | $13.08M |
| Dec 31, 2025 | $326.44M | $29.62M | 62.40% | 9.10% | $57.24M |
| Sep 30, 2025 | $373.88M | $50.88M | 64.90% | 13.60% | $109.21M |
| Jun 30, 2025 | $384.37M | $63.65M | 66.50% | 16.60% | $94.51M |
| Mar 31, 2025 | $327.7M | $31.22M | 63.30% | 9.50% | $21.85M |
| Dec 31, 2024 | $333.04M | $29.82M | 63.60% | 9.00% | $74.44M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
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Apple Hospitality REIT (NYSE:APLE) Stock Gets Price Target Increase from Wells Fargo & Company