Bernstein Apple · AAPL

Bernstein Raises Apple Price Target to $350

Analyst: Mark C. Newman 1 min read Reproduced verbatim
Rating
Outperform
Target
$350
from $340 (+3%)
Upside
+3%
AAPL at $338 today
Bernstein and Apple logos

What the analyst said

Bernstein SocGen Group analyst Mark C.

Newman raised the price target on Apple (NASDAQ: AAPL) to $350.00 (from $340.00) while maintaining an Outperform rating.

“Following Apple’s strong FQ2 results we publish our full model update, raising estimates and TP to $350 as the company gains in market share and rising ASPs are expected to continue.

Apple’s FQ2’26 results and FQ3 was strong across the board. Revenue grew 17% you in FQ2 and was guided to grow another 14-17% in FQ3.

Gross margins also beat expectations at 49.3% for FQ2 and guided to 48% for FQ3. Fore more on FQ2 report see here. Share gains in Smartphones and PCs playing out and expected to continue.”

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 16 analysts who set a target in the last 3 months range from $250 to $400, with a median of $358. This $350 target is 2% below the median.

Since the note AAPL has moved +21% (from $280). 12-month window: day 182 of 365, closes on May 4, 2027.

Track record

This callOpen: AAPL has not reached $350 yet. This 12-month target is scored on May 4, 2027.

Firm track recordBernstein: 79% of its 24 targets at least a year old were reached within 12 months (#13 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 →

Bernstein on Apple

Bernstein price targets on Apple

5 calls from February 2, 2026 to October 29, 2026. The target went from $325 to $370 (+14%). The rating stayed Buy.

Bernstein targetAAPL share price
  1. October 29, 2026Kept the $370 targetBuy$370
  2. October 13, 2026Target raised from $350 (+6%)Buy$370
  3. May 4, 2026 This noteTarget raised from $340 (+3%)Buy$350
  4. February 10, 2026Target raised from $325 (+5%)Buy$340
  5. February 2, 2026Earliest call shownBuy$325
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Other analysts on Apple

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 JP MorganBuy Kept rating and price target Oct 19 $360maintained
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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.