Apple, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Krish Sankar from TD Cowen maintained a Buy rating on the stock and has a $275.00 price target.
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Krish Sankar’s rating is based on a combination of factors that highlight Apple’s strong performance and growth potential. The company’s revenue growth in June 2025 was impressive, with a 10% year-over-year increase, driven by robust demand for iPhones and Macs, as well as a 13% rise in Services revenue. This positive momentum is further supported by a return to growth in the Greater China region, which had previously experienced several quarters of decline.
Additionally, while there are challenges such as tariffs impacting earnings and an incomplete AI strategy, Apple is actively investing in AI-related research and development. The company is also seeing a decline in channel inventory, indicating strong consumer demand. These factors, combined with the strength in cloud subscription services and a growing number of paid accounts, suggest that Apple is well-positioned for future growth, justifying the Buy rating given by Krish Sankar.
According to TipRanks, Sankar is a 5-star analyst with an average return of 18.4% and a 57.49% success rate. Sankar covers the Technology sector, focusing on stocks such as Apple, MKS, and Seagate Tech.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $237.00 price target.