Apple (AAPL) stock has risen 0.0% over the past week, 2.4% in the last month, and 28.6% over the past year. Wall Street’s analysts are moderately bullish, forecasting further gains with a 12‑month price target of $305.10 versus a last close of $258.83.
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Among the most closely watched voices is Wamsi Mohan of BofA, who reiterated a Buy rating on (AAPL) on April 15, 2026, and raised his price objective to $325.00. That target implies meaningful upside from current levels and reflects confidence in both near‑term earnings and longer‑term product momentum.
Mohan expects a strong March quarter report driven by robust iPhone sales, double‑digit growth in Services revenue, and a tailwind from foreign exchange. He models revenue and earnings ahead of Street estimates, seeing $113 billion in revenue and $2.00 EPS versus consensus at $109 billion and $1.93.
Looking ahead, he highlights several catalysts, including a potential new $100 billion buyback authorization, a dividend increase of about 5%, June’s WWDC event, and the launch of a foldable iPhone and enhanced Siri integrated with Gemini AI in the fall. Mohan also expects Apple to guide June quarter revenue growth of 10‑15% year over year, even as gross margins ease slightly on product mix and higher component costs.
This top‑ranked expert is rated 50th out of 12,125 analysts on TipRanks, with a 63.39% success rate and an impressive 34.70% average return per rating, underscoring the weight of his bullish stance on (AAPL). Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.