AAPL Foldable Frenzy: Analysts Predict 65% Probability of Rally
The tokenized stock of Apple is trading at $309.19, down 0.89% on the day, but this may be misleading as it's sitting at a key inflection point in its product cycle.
Wall Street analysts are increasingly betting on a foldable iPhone launch and refreshed Pro model next month, with a 81% probability priced into Polymarket prediction markets. Rothschild & Co Redburn analyst Timm Schulze-Melander has upgraded Apple to Buy and raised his price target from $260 to $400, forecasting 14 million iPhone Ultra foldable units in fiscal 2027.
The Q3 2026 earnings print was strong, with EPS beating consensus by $0.13 and revenue surging 16.4% year-over-year to $109.42 billion. However, the stock sits roughly 6% below its 52-week high, leading to a sell-the-news grind in the post-earnings tape.
The market is positioned for a potential move higher, with smart money cohorts on Binance holding a 70.9% long position versus 29.1% short, and retail mirroring this at 68.5% long.