DA Davidson Reiterates Neutral Rating on Apple, $270 Price Target

Analyst: Gil Luria 1 min read Reproduced verbatim
Rating
Neutral
Unchanged
Target
$270
Downside
−23%
AAPL at $352 today
DA Davidson and Apple logos

What the analyst said

DA Davidson analyst Gil Luria reiterated a Neutral rating and $270.00 price target on Apple (NASDAQ: AAPL).

“Apple’s 2Q26 results were underscored by accelerating revenue despite decelerating iPhone sales and slowing growth in Greater China.

Management noted that during the quarter, they saw notable supply constraints across product categories, which limited growth upside this quarter.

Furthermore, Apple recently announced that Tim Cook will be transitioning from his role as CEO to Executive Chairman, to be replaced by John Ternus who prior to his appointment served as the Senior Vice President of Hardware Engineering at Apple.”

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Where the price stands

AAPL trades at $352. The 20 analysts who set a target in the last 3 months range from $250 to $400, with a median of $345. This $270 target is 22% below the median.

Since the note AAPL has moved +30% (from $271). 12-month window: day 187 of 365, closes on May 1, 2027.

Track record

This callOpen: AAPL has not reached $270 yet. This 12-month target is scored on May 1, 2027.

Firm track recordDA Davidson: 72% of its 18 targets at least a year old were reached within 12 months (#18 of 26 firms). Accuracy ranking →

Earnings reactionOne of 15 notes after Apple’s Apr 30 results: 12 raised · 0 cut · 2 kept. See every call →

DA Davidson on Apple

DA Davidson price targets on Apple

3 calls from May 1, 2026 to November 3, 2026. The target went from $270 to $295 (+9%). The rating stayed Hold.

DA Davidson targetAAPL share price
  1. November 3, 2026Target raised from $270 (+9%)Hold$295
  2. September 2, 2026Kept the $270 targetHold$270
  3. May 1, 2026 This noteEarliest call shownHold$270
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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.