Apple (AAPL) closed at $355.87, up 2.38%, after a strong session that kept the stock near the upper end of its recent trading range. The latest Apple results showed September-quarter revenue of $11...
Apple’s fiscal 2026 fourth quarter gave the stock a fundamental tailwind. The company reported September-quarter revenue of $114.5 billion, up 12% year over year, gross margin of 47.9%, and diluted EPS of $2.10, also up 14% year over year. Apple said iPhone posted a September-quarter record and Services reached an all-time high, while management framed the period as the company’s best fiscal year ever. That matters because the market is still trading Apple as a quality-growth name with operating leverage, not as a low-growth defensive.
The analyst tape is more mixed than the price action suggests. Benzinga cited a broad analyst consensus of 28 analysts with 1 Strong Buy, 16 Buy, 9 Hold and 2 Sell, alongside targets that stretch from $296 at the low end to $425 at the high end. StockAnalysis, citing 45 analysts polled by S&P Global, showed a consensus “Buy” and an average price target of $344.62, which sits below the current share price. Evercore ISI raised its target to $380, while Daiwa lifted its target to $375 but warned the rally could lose steam after near-term strength. That split is important: the market is already pricing in a strong earnings run, while analyst targets still leave room for both continuation and consolidation.
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