
Shares of Apple AAPL.O rise 1.8% to $252.61
J.P.Morgan raises PT to $315 from $305, implying an upside of ~27% to stock's last close
Brokerage expects iPhone sales in Q1 of 2026 "to track ahead of consensus expectations," forecasts 16% iPhone revenue growth to put the tech major on track for "highest-ever iPhone revenue growth since Sep-21"
JPM sees limited margin pressure from higher memory costs because company's long-term supplier contracts and scale help "drive materially favorable component cost outcomes relative to IT hardware peers"
Average rating of 48 analysts is "buy", median PT is $288 - data compiled by LSEG
Shares up 8.6% in 2025