JP Morgan Apple · AAPL

JPMorgan Raises Apple Price Target to $325

Analyst: Samik Chatterjee 1 min read Reproduced verbatim
Rating
Overweight
Target
$325
from $315 (+3%)
Outcome
Reached
on July 15, 2026
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What the analyst said

JPMorgan analyst Samik Chatterjee raised the price target on Apple (NASDAQ: AAPL) to $325.00 (from $315.00) while maintaining an Overweight rating.

“Apple delivered a print and an outlook that should calm investor nerves around memory-related impact to gross margins and a Services slowdown, even as the magnitude of iPhone revenue upsides is noteworthy in itself.

Record Product gross margins in the Dec-Q and an implied Mar-Q record Product gross margin should help reassure investors around the materiality of the impact that investors have been concerned about in relation to rising memory costs, even though management acknowledged slightly higher impact in Mar-Q than the Dec-Q.”

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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

AAPL trades at $345. The 17 analysts who set a target in the last 3 months range from $250 to $400, with a median of $355. This $325 target is 8% below the median.

Since the note AAPL has moved +33% (from $258). 12-month window: day 275 of 365, closes on January 30, 2027.

Track record

This call✓ Target reached on July 15, 2026, 5 months after the note.

Firm track recordJP Morgan: 64% of its 22 targets at least a year old were reached within 12 months (#20 of 21 firms). Accuracy ranking →

Earnings reactionOne of 7 notes after Apple’s Jan 29 results: 4 raised · 0 cut · 2 kept. See every call →

JP Morgan on Apple

JP Morgan price targets on Apple

5 calls from January 26, 2026 to October 19, 2026. The target went from $315 to $360 (+14%). The rating stayed Buy.

JP Morgan targetAAPL share price
  1. October 19, 2026Target raised from $340 (+6%)Buy$360
  2. July 31, 2026Target raised from $325 (+5%)Buy$340
  3. June 9, 2026Kept the $325 targetBuy$325
  4. January 30, 2026 This noteTarget raised from $315 (+3%)Buy$325
  5. January 26, 2026Earliest call shownBuy$315
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Other analysts on Apple

BernsteinBuy Kept rating and price target Oct 29 $370maintained EvercoreBuy Kept rating and price target Oct 27 $380maintained UBSHold Kept rating and price target Oct 20 $296maintained Loop CapitalHold Downgraded, cut price target −11% Oct 20 $330from $370 KeyBancSell Kept rating and price target Oct 19 $250maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.