Barclays Apple · AAPL

Barclays Raises Apple Price Target to $248

Analyst: Tim Long 1 min read Reproduced verbatim
Rating
Underweight
Target
$248
from $239 (+4%)
Outcome
Reached
on March 20, 2026
Barclays and Apple logos

What the analyst said

Barclays analyst Tim Long raised the price target on Apple (NASDAQ: AAPL) to $248.00 (from $239.00) while maintaining an Underweight rating.

Disclaimer
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 $338. The 15 analysts who set a target in the last 3 months range from $250 to $400, with a median of $360. This $248 target is 31% below the median, the lowest on the Street.

Since the note AAPL has moved +28% (from $265). 12-month window: day 245 of 365, closes on March 3, 2027.

Track record

This call✓ Target reached on March 20, 2026, 17 days after the note.

Firm track recordBarclays: 83% of its 40 targets at least a year old were reached within 12 months (#7 of 26 firms). Accuracy ranking →

Barclays on Apple

Barclays price targets on Apple

5 calls from January 30, 2026 to July 31, 2026. The target went from $239 to $245 (+3%). The rating stayed Sell.

Barclays targetAAPL share price
  1. July 31, 2026Target cut from $253 (−3%)Sell$245
  2. June 9, 2026Kept the $253 targetSell$253
  3. May 1, 2026Target raised from $248 (+2%)Sell$253
  4. March 3, 2026 This noteTarget raised from $239 (+4%)Sell$248
  5. January 30, 2026Earliest call shownSell$239
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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.