24/7 Wall St. sets a 12-month price target of $391.86 for Apple (AAPL), 16.34% above the $336.83 reference price, and rates the stock a buy with high confidence. Wall Street’s consensus target of $328.09 sits below the current share price, even though Apple has beaten EPS estimates for nine straight quarters. In its fiscal Q3 report, Apple posted revenue of $109.42 billion, up 16.4%, with iPhone revenue of $54.25 billion, while management expects 9% to 11% growth next quarter, held back by supply limits. The bullish scenario points to $444.68, citing Siri AI, more than 2.5 billion active devices and $62.094 billion of buybacks over nine months, while the downside scenario is $333.54 as memory costs weigh on margins, which Tim Cook called a “100-year flood.” The article argues the positive thesis outweighs the negative one, as long as demand keeps running ahead of supply.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/09/2026 | 336.64 |
| Change that session | -1.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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