Stocks
Apple Stock Soars: Wall Street Left Behind
Apple's stock has been on fire in 2026, with shares up 26.21% year-to-date and trading just below its 52-week high of $344.27.
The company's record-breaking June quarter earnings report in late July was the catalyst, with revenue of $109.4 billion rising 16% year-over-year, diluted EPS of $2.02 jumping 29%, and iPhone revenue climbing 22% to $54.3 billion.
Our proprietary model sees more room to run for Apple's stock, with a 24/7 Wall St. price target of $383.16, well above the Wall Street consensus of $328.22.
The bull case for Apple is strong, driven by the iPhone 17 cycle running hotter than expected, Siri AI arriving as a platform refresh, and Services being a compounding cash engine.