Buy now: trend/momentum remain bullish (MACD expanding, bullish MA stack), options positioning is constructive (put/call 0.7), and fundamentals just printed a strong FY2026 Q1 beat with accelerating growth.
Expect near-term chop: price is extended/overbought (RSI 78) and sitting just below the next resistance zone (274.7), but the broader setup still favors upside over the next weeks.
Intellectia Proprietary Trading Signals: No signal on given stock today (AI Stock Picker: none; SwingMax: none), so this is a momentum/fundamental buy rather than a proprietary-signal-driven entry.
Momentum: MACD histogram +2.296 and expanding supports continued upside pressure.
Overbought risk: RSI_6 at ~78 is typically overbought, suggesting limited immediate upside and higher chance of short-term pullback/consolidation.
Levels: Pivot 257.9 (key line to hold). Price ~269.3 is above R1 268.3 (breakout confirmed) with next resistance at R2 ~274.7; supports at ~247.5 then ~241.1.
Pattern-based forward view (provided): ~50% odds of -1.81% next day, but +3.89% next week and +6.68% next month—supports buying for a quick-moving investor focused on weeks, not hours.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment: Put/Call ratios at 0.7 (OI and volume) indicate bullish skew (more call interest than puts).
Volatility: 30D IV ~26.16 vs historical vol ~21.79 (IV modestly elevated), implying options are pricing some event/uncertainty but not extreme fear.
Activity: Today’s option volume (~535k) is ~63.6% of 30D average (subdued), suggesting no broad panic/mania—more “steady bullish” than euphoric.
OI scale: Total OI ~5.77M with put OI ~2.38M vs call OI ~3.39M—positioning supports the prevailing uptrend.
Technical Summary
Sell
4
Buy
10
Positive Catalysts
Earnings/operating momentum: Record FY2026 Q1 results with strong iPhone demand and notable China strength.
AI ecosystem narrative: Street commentary highlights Apple’s collaboration with Gemini as a potential long-term monetization/engagement tailwind (even if debated).
Product cycle optimism: Multiple analysts point to iPhone 17 strength and 2026 cycles (Advanced Siri / foldable narrative) as catalysts.
Flows/politics: Congress trading over last 90 days shows heavier buying than selling (5 buys vs 4 sells; larger buy sizes), signaling positive sentiment from influential participants.
Neutral/Negative Catalysts
increases odds of a near-term pullback even in an uptrend.
Net income: $42.097B, +15.87% YoY (profit growth keeping pace with revenue).
EPS: $2.84, +18.33% YoY (earnings leverage).
Gross margin: 48.16%, +2.73% YoY (margin expansion in the latest quarter—important counterpoint to forward memory-cost concerns).
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend: Post-earnings saw multiple upgrades and price target raises, but with a clear split between upside product-cycle bulls and margin/AI-strategy skeptics.
Upgrades/positive moves: Maxim to Buy ($300), KGI to Outperform ($306); JPMorgan reiterated Overweight and lifted PT to $325; Citi reiterates Buy with $315.
Neutral/cautious cluster: UBS Neutral ($280), Rosenblatt Neutral (PT raised to $267), Phillip Securities upgraded to Neutral (PT $260) but emphasized “prove-it” phase and memory-cost risk.
Wall Street pros/cons view: Pros = strong iPhone demand, China strength, product-cycle + services/AI ecosystem optionality. Cons = gross margin compression risk from memory costs and debate over dependence on Gemini for AI direction.
Wall Street analysts forecast AAPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAPL is 299.69 USD with a low forecast of 230 USD and a high forecast of 350 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
32 Analyst Rating
Wall Street analysts forecast AAPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAPL is 299.69 USD with a low forecast of 230 USD and a high forecast of 350 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Buy
11 Hold
2 Sell
Moderate Buy
Current: 275.910
Low
230
Averages
299.69
High
350
Current: 275.910
Low
230
Averages
299.69
High
350
BofA
Wamsi Mohan
Buy
maintain
$325
AI Analysis
2026-02-03
New
Reason
BofA
Wamsi Mohan
Price Target
$325
AI Analysis
2026-02-03
New
maintain
Buy
Reason
According to data on developer revenue from SensorTower, Apple's App store revenue increased to $3.4B, or 6.3% year-over-year, after 35 days in fiscal Q2, reported BofA analyst Wamsi Mohan. For January, App store revenue increased 7.0% year-over-year globally, outpacing app store download growth of 3.6%, adds the analyst, who keeps an Buy rating and $325 price target on Apple shares.
Phillip Securities
Reduce -> Neutral
upgrade
$230 -> $260
2026-02-01
Reason
Phillip Securities
Price Target
$230 -> $260
2026-02-01
upgrade
Reduce -> Neutral
Reason
Phillip Securities upgraded Apple to Neutral from Reduce with a price target of $260, up from $230. The firm cites "strong" growth in iPhone 17 and the long-term monetization potential from Apple's collaboration with Gemini, which it believes strengthens Apple Intelligence and supports sustained ecosystem engagement, for the upgrade. However, Phillip remains cautious on the stock, saying Apple is still in a "prove-it" phase as memory costs rise.
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