Apple Stock Price Projected to Rise Nearly 19% to $359 by 2026
Apple's stock price is expected to rise by nearly 19% to $359 by 2026, driven by strong services and new iPhone demand. This bullish outlook is supported by Apple's recent fiscal Q3 results, which saw a 16.4% revenue increase and consistent earnings beats. The company benefits from a large share buyback program and innovations like a new Siri AI and potential foldable iPhone launch.
The projection implies an 18.77% upside from Apple's recent close of $302.25. Analysts rate Apple as a 'buy' with 90% confidence, expecting continued growth and premium valuation through 2030. However, risks include trade tensions affecting China revenue and tariff refund impacts.