What the analyst said

Baird analyst William Power raised the price target on Apple (NASDAQ: AAPL) to $340 (from $330) while maintaining an Outperform rating.

“AAPL reported solid FQ4 results, with slight upside to revenue and margins/EPS. iPhone and Mac upside helped offset in-line services and weaker wearables.

AAPL guided to December-quarter revenue growth of 7-10%, matching our prior 8.5% estimate. It noted robust demand for its newest iPhone lineup, particularly Duo.

Ultimately, an ~in-line revenue outlook and margin pressure (memory & R&D) with the stock near all-time highs into the print dropped shares modestly after hours.

That said, we expect strong FCF to continue to stand out vs. Mag7 peers.”

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Where the price stands

AAPL trades at $332. The 19 analysts who set a target in the last 3 months range from $250 to $400, with a median of $350. This $340 target is 3% below the median.

12-month window: day 0 of 365, closes on November 3, 2027.

Track record

This callOpen: a 12-month target, scored on November 3, 2027, a year after the note.

Firm track recordBaird: 90% of its 29 targets at least a year old were reached within 12 months (#1 of 26 firms). Accuracy ranking →

Baird on Apple

Baird price targets on Apple

3 calls from May 1, 2026 to November 3, 2026. The target went from $310 to $340 (+10%). The rating stayed Buy.

Baird targetAAPL share price
  1. November 3, 2026 This noteTarget raised from $330 (+3%)Buy$340
  2. July 24, 2026Target raised from $310 (+6%)Buy$330
  3. May 1, 2026Earliest call shownBuy$310
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Other analysts on Apple

ArgusBuy Raised price target +7%, kept rating Nov 3 $400from $375 Yorkville IvesBuy Kept rating and price target Nov 3 $400maintained JP MorganBuy Cut price target −1%, kept rating Nov 3 $355from $360 BarclaysSell Raised price target +7%, kept rating Nov 3 $261from $245 Aletheia CapitalSell Kept rating and price target Nov 3 $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.