Bank of America Lowers Apple (NASDAQ:AAPL) Price Target to $320.00

Apple (NASDAQ:AAPL) had its price target decreased by investment analysts at Bank of America from $325.00 to $320.00 in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the iPhone maker’s stock. Bank of America‘s target price suggests a potential upside of 26.67% from the stock’s previous close.

AAPL has been the topic of a number of other reports. Raymond James Financial reaffirmed a “market perform” rating on shares of Apple in a research report on Friday, January 2nd. Jefferies Financial Group set a $330.00 target price on Apple in a report on Wednesday, March 4th. Loop Capital reaffirmed a “buy” rating and set a $325.00 price objective (up from $315.00) on shares of Apple in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. upped their target price on shares of Apple from $315.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $270.00 price objective on shares of Apple in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Apple presently has an average rating of “Moderate Buy” and an average price target of $297.58.

Apple Trading Up 1.9%

Shares of AAPL stock traded up $4.63 on Monday, hitting $252.62. 7,198,644 shares of the company’s stock traded hands, compared to its average volume of 47,990,516. The stock has a market capitalization of $3.71 trillion, a price-to-earnings ratio of 31.92, a P/E/G ratio of 2.21 and a beta of 1.10. The company’s fifty day simple moving average is $260.99 and its 200 day simple moving average is $262.37. Apple has a one year low of $169.21 and a one year high of $288.62. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to analysts’ expectations of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.40 EPS. Equities analysts forecast that Apple will post 7.28 EPS for the current year.

Institutional Trading of Apple

Institutional investors have recently bought and sold shares of the business. Sellwood Investment Partners LLC boosted its stake in Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock worth $34,000 after buying an additional 71 shares during the period. Lifetime Wealth Management P.C. purchased a new position in Apple during the 4th quarter valued at about $41,000. ROSS JOHNSON & Associates LLC grew its position in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after acquiring an additional 180 shares in the last quarter. Timmons Wealth Management LLC acquired a new stake in shares of Apple during the fourth quarter worth about $69,000. Finally, LSV Asset Management purchased a new position in shares of Apple in the fourth quarter valued at approximately $65,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: China rebound: coverage notes Apple is regaining share in China (surging iPhone sales, use of e‑commerce discounts and government subsidy qualification), a major demand catalyst that can support revenue growth. Apple’s China Smartphone Push Raises Questions On Margins And Valuation
• Positive Sentiment: Product momentum: reports say Apple’s latest Mac launch was its best ever, helping services and Mac revenue narratives and signaling successful product execution. Apple’s Best-Ever Mac Launch, Google’s Gemini On Mac, Amazon’s ‘Transformer’ Project And More
• Neutral Sentiment: Options flow/volatility: an options piece highlights an iron‑condor setup on AAPL citing elevated implied volatility (~28.6%), suggesting traders see rangebound opportunity rather than a directional conviction — useful for short-term income strategies. High-Probability Apple Iron Condor with 22% Return Potential
• Neutral Sentiment: Investor narratives: weekend recaps and analysis note Apple’s unusual price action vs. long-term patterns and record returns; these are background context for positioning but not immediate catalysts. Apple Stock Is Doing Something It Hasn’t Done Since 2022. Should You Buy or Run?
• Negative Sentiment: Memory/price shock: Apple raised prices on external storage in its stores as an AI-driven memory shortage pushes component costs higher — this creates near-term margin pressure and cost passthrough risk. Apple (AAPL) Storage Prices Jump as AI Memory Shortage Drives Sharp Cost Increases
• Negative Sentiment: Margin squeeze in China: reporting shows Apple is absorbing higher memory chip costs to keep prices competitive in China — good for share but a headwind to margins and near‑term profitability. Apple’s China Smartphone Push Raises Questions On Margins And Valuation
• Negative Sentiment: Regulatory risk: EU broadcasters are asking regulators to examine how Big Tech controls smart TV and AI content access, potentially exposing Apple to platform-level rules or content distribution constraints in Europe. EU Broadcasters Target Alphabet, Amazon, Apple Over Smart TV and AI Control

Apple Company Profile

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.