This roundup covers Wall Street analyst calls for Tuesday, October 20, 2026, including Loop Capital's downgrade of Apple to Hold from Buy over iPhone concerns, with its price target cut to $330 from $370. Raymond James upgraded Akamai to Strong Buy, and TD Cowen upgraded BlackRock to Buy from Hold with a higher price target. On Monday, the Nasdaq rose 1.11% to 26,430, the S&P 500 gained 0.41% to 7,690, and the Dow slipped 0.07%. The 10-year note closed at 5.15%, Brent crude at $109.40, and gold at $4,139.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Wall Streetanalyst ratingsApple
Open a keyword to see other news on the same topic.
Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/19/2026 | 342.94 |
| Change that session | -0.15% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Stocks try for back-to-back gains — plus, Qnity gets iPhone business from Apple
U.S. stocks were higher Tuesday, with the S&P 500 and Nasdaq poised for back-to-back gains, as most major companies beat estimates and raised full-year guidance, though market reactions were mixed. Apple expanded its partnership with Qnity Electronics under its American Manufacturing Program, with Qnity producing advanced films for the variable aperture camera system in the iPhone 18 Pro; Qnity joined the program in March. Jim Cramer's Club calls the news incrementally positive but is not buying more shares, placing greater emphasis on Qnity's fast-growing data center business than on consumer electronics. Capital One reports after the bell, while Netflix, SpaceX and United Airlines also report Tuesday evening, and Meta reports Wednesday evening.
- NWPX Infrastructure , Inc . ( NASDAQ : NWPX ) Stock Has Average Price Target of $110 . 00 According to Brokerages
Five brokerages covering NWPX Infrastructure, Inc. (NASDAQ: NWPX) give the stock an average rating of 'Moderate Buy', with an average 12-month price target of $110.00. Over the last 90 days, insiders sold 58,335 shares worth $6,259,631, including director Richard Roman's sale of 4,000 shares at $96.84 and SVP Eric Stokes' sale of 12,631 shares at $105.86. The stock opened at $97.61 on Tuesday, with a market cap of $940.96 million and a 52-week range of $50.76 to $152.03. In its latest quarter, the company reported earnings of $1.62 per share, beating the $1.33 consensus, on revenue of $159.48 million.
- Apple faces gross margin pressure as UBS flags slowing iPhone growth ahead of earnings
UBS expects Apple's September-quarter revenue of $112.8 billion, slightly below the $113.6 billion consensus, and diluted EPS of $1.97 versus $1.99 expected, ahead of the November 2 earnings report. It forecasts iPhone revenue of $56 billion, up about 14% year over year, a slowdown from 22% to 23% growth in each of the previous three quarters, and Services revenue of $31.6 billion, up 10%. Gross margin is seen at 47.5%, down from 50.1% in the June quarter, which had a larger tariff refund; excluding tariffs, the margin is estimated to have fallen about 70 basis points year over year, largely due to higher memory chip costs. UBS keeps a Neutral rating and $296 price target, and questions how long Apple's stock can sustain a rally of about 13% since late July.
- Futures Slip As Korean Data Center IPO Faceplant Revives Tech Rout , French Spread Blows Out
US stock futures slipped, with Nasdaq futures down 0.7% and S&P futures down 0.2%, as Monday's AI rebound faded. Korean data-center firm Elice plunged more than 30% in its trading debut, reviving doubts about who will earn returns on the AI capex boom, while OpenAI is reportedly rushing to raise about $30 billion ahead of Anthropic's IPO. The OAT-Bund spread widened to a 151bps peak, approaching the 152bps high from just after the draft budget was presented, and the Kospi tumbled 3.65%. The 10-year Treasury yield eased to 5.12%, Brent held above $110/bbl, and the Fed is in its blackout period ahead of the Oct. 28 FOMC.
- Apple Expected to Report Fiscal Q4 Results In Line With Consensus, UBS Says
- Mark Zuckerberg once trashed Apple. Now he’s thanking its new CEO — and had to do it on Elon Musk’s X, not Threads
Mark Zuckerberg publicly thanked Apple's new CEO, John Ternus, on October 15 for supplying the Mac Studios needed to run Meta's latest AI model, and he tagged Ternus on X rather than Threads. Meta's free-to-download Muse Spark Open model has 816 billion parameters and ran on two or four Mac Studios with M5 Ultra chips in Apple's tests, where the Mac Studio with that chip starts at $5,499 before extra memory. Ternus replied the same day, while Meta's chief AI officer Alexandr Wang told Axios the project took months and credited former Apple alum Daniel Gross with smoothing relations. The two companies have been at odds since Apple's 2021 privacy changes cut Meta's ad tracking, with Meta estimating about $10 billion in lost 2022 revenue and its shares falling 26% the next day. CNBC reported that neither company has said whether more joint projects are coming, and they remain rivals in devices.
Related markets
Latest news
- Should You Invest $1,000 in PayPal (PYPL) Right Now?
PayPal, once a popular growth stock, would now be worth only $187 from a $1,000 investment made at its July 23, 2021 record high. The company had 439 million active accounts in Q2 2026, just 0.3% growth year over year, as competition and a steady decline in take rates weigh on it, while revenue grew 8% in 2023, 7% in 2024 and 4% in 2025. PayPal is leaning on Braintree, Venmo and monetization of existing users, while cutting costs and buying back shares to lift EPS. The stock trades at about 11 times this year's EPS, versus 87 times the $3.52 EPS at its 2021 peak, and analysts expect 5% revenue and 4% EPS CAGRs for 2025–2028. The author sees limited downside but would only consider buying if the 1% forward dividend yield rose.
- Amazon stockpiles Nvidia AI hardware ahead of power availability -Business Insider
Amazon has agreed to buy billions of dollars of Nvidia GPUs before its data centers have enough power to run them, according to internal August emails obtained by Business Insider. Under a new Early Rack Receipt program, the company is taking delivery of about $5 billion in Nvidia GB300 server racks at U.S. facilities, with plans to accept another $3 billion each month. Because several AWS sites lack the utility capacity to energize servers, some hardware sits idle in warehouses as dark GPUs, tying up capital before it generates cloud revenue. The move comes as Amazon projects roughly $220 billion in capex this year and posted negative free cash flow last quarter for the first time since 2023. An Amazon spokesperson called the staging a best business practice for rapid installation once power arrives and disputed reports that the company lacked a clear path to bring the sites online.
- Anthropic Is in Talks for Another $45 Billion AI Deal. Nvidia Could Be a Big Winner.
Anthropic, the company behind Claude, is reportedly in talks with British neocloud provider Nscale to expand an existing compute deal by about $45 billion in contract value, which would bring its total Nscale commitment to roughly $90 billion. The proposed deal would add 460 megawatts of capacity using Nvidia's Vera Rubin chips in a second building at Nscale's Monarch campus in West Virginia, plus a right of first refusal on a planned third building. Nscale's customer base is highly concentrated, with Microsoft and Anthropic accounting for about 85% of its contract value, and Microsoft pulled out of a planned UK data center after power connection delays. Anthropic is preparing an IPO reportedly targeting a $1.5–2 trillion valuation, with 2025 revenue of about $4.6 billion, $7.33 billion spent on computing and infrastructure, and an operating loss of over $8 billion.
- Boeing wins FAA approval for 737 Max 10 after years of delays
The FAA certified Boeing's 737 Max 10 on Tuesday after years of delays, making it the last model in Boeing's best-selling jet family to receive government approval. The approval came weeks after federal officials reviewed a navigation system glitch and deemed it not a safety-of-flight issue. The Max 10, the largest model in the family, was originally slated to fly in 2020, but heightened scrutiny after two Max crashes in 2018 and 2019, along with other safety issues including engineering changes to an engine anti-icing system, delayed certification. Orders for this aircraft make up about 30% of Boeing's backlog, with customers including Alaska Airlines, American Airlines, United Airlines and Delta Air Lines. United's CEO said the lie-flat seats the airline expected for the plane are now sitting in a warehouse because the wait was so long.
- Prediction: Micron Could Turn a $5,000 Investment Into This by 2030
Micron's stock was up 334% over the past 12 months and 208% year to date through the close on Oct. 16, as AI demand drives interest in memory and storage makers. From fiscal 2025 to fiscal 2026, its operating income rose from $9.77 billion to $99.34 billion, while gross margin climbed from 39.8% to 80.7%. The author projects fiscal 2027 revenue of $318 billion and assumes growth of 30% in fiscal 2028 and 25% in fiscal 2029, reaching about $517 billion in fiscal 2030. At 6.5 to 8 times sales, that implies a valuation of $3.36 trillion to $4.14 trillion versus $994 billion today, which would grow a $5,000 investment to $16,900–$20,800; at a more conservative 3 to 4 times sales, the range is $7,800–$10,400. The author concludes a $5,000 investment could reach at least $15,000 by 2030, while acknowledging that memory is cyclical and prices may cool once supply catches up.
- Swiss Regulator Approves First Retail Fund That Holds Bitcoin Directly
Switzerland's financial regulator FINMA announced on Tuesday, Oct. 20, that it approved the country's first retail exchange-traded fund investing directly in Bitcoin, classified as an alternative investment fund. FINMA waived the usual risk diversification rules, citing Bitcoin's long trading history and high trading volume compared with other cryptocurrencies. The regulator did not name the fund or its issuer and gave no launch date, though other providers have submitted or announced applications for Bitcoin ETFs. Under FINMA guidance, a Swiss custodian bank generally must hold the fund's Bitcoin, and sales must follow Swiss conduct rules, including warnings about volatility and the risk of losing money. Meanwhile, U.S. spot Bitcoin ETFs were down about $615 million for October through Friday, while BlackRock's IBIT was the only fund with net inflows on Monday, taking in $665.2 million.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.