Apple (AAPL) stock has risen 2.2% over the past week, 2.5% over the last month, and an impressive 28.5% in the past year. Wall Street’s analysts are moderately bullish, with a 12‑month consensus price target of $304.84, implying upside from the last closing price of $259.20.
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Analyst Wamsi Mohan of BofA reiterated a Buy rating on AAPL on April 14, 2026, lifting his price objective to $325, which suggests further upside from current levels. He expects a strong March quarter report and guidance, driven by solid iPhone demand and double-digit growth in Apple’s Services business.
Mohan models March quarter revenue and EPS above Street estimates, seeing $113 billion in revenue and $2.00 EPS versus the Street’s $109 billion and $1.93. He cites continued strong iPhone sales, 14% year-over-year Services revenue growth, and foreign exchange benefits as key supports for Apple’s near-term performance.
Looking ahead, Mohan expects Apple to guide June quarter revenue growth of 10% to 15% year-over-year, with gross margins easing slightly but remaining high. He also points to potential catalysts such as a new share buyback authorization, a dividend increase, WWDC in June, and the launch of a foldable iPhone and enhanced Siri integrated with Gemini AI.
This 5-star caliber analyst ranks 50 out of 12,125 on TipRanks, with a success rate of about 63.39% and an average return of 34.7% per rating, adding weight to his bullish stance on Apple. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.