Apple: Strong Fundamentals and AI Roadmap Underpin Outperform Rating and $330 Target

In a report released today, Amit Daryanani from Evercore ISI maintained a Buy rating on Apple, with a price target of $330.00.

Amit Daryanani has given his Buy rating due to a combination of factors tied to Apple’s financial strength and its evolving AI roadmap. He points to Apple’s better‑than‑expected December quarter, where revenue, earnings, and margins all exceeded market forecasts, supported by robust services growth and strong profitability.

At the same time, he views the staged rollout of Apple Intelligence and the revamped Siri as a catalyst rather than a risk, even with some feature delays. Daryanani expects a phased introduction of new AI capabilities through iOS updates and upcoming iPhone models, with Apple emphasizing privacy and tight ecosystem integration, which he believes can sustain growth and justify his $330 price target and Outperform view on AAPL.

In another report released on February 3, Goldman Sachs also reiterated a Buy rating on the stock with a $330.00 price target.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AAPL in relation to earlier this year.