24/7 Wall St. sets a price target of $398.16 for Apple (AAPL) against a $343.46 share price, implying 15.93% upside over 12 months, and rates the stock a buy. Apple's fiscal third-quarter revenue rose 16.4% to $109.42 billion, above the $108.96 billion consensus, with EPS of $2.02 versus $1.89 expected and iPhone revenue of $54.25 billion. Bulls point to iPhone and Mac demand running ahead of forecasts, more than 1.5 billion paid subscriptions, and $62.094 billion in buybacks over the first nine months of fiscal 2026. Risks include memory costs, which management called a “100-year flood,” and gross margin guidance of 47% to 48%, while the bear case is $337.72. The article notes that its projections assume Apple keeps its current strategy.
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AAPL
▲ Likely positiveApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/21/2026 | 343.99 |
| Change that session | +1.32% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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