UBS has revised its price target for Apple (AAPL, Financial) shares, lowering it to $210 from a previous target of $236, while maintaining a Neutral rating. The change reflects a shift in iPhone shipment patterns, according to the firm's analysis. Apple reportedly accelerated the delivery of at least one million iPhones, contributing to a year-over-year increase in iPhone revenue for the March quarter, even as actual sell-through demand remained relatively stable.
In response to these dynamics, UBS has updated its financial projections for Apple. The firm now anticipates that Apple's revenue for March 2025 will reach $99.5 billion, an increase from the earlier projection of $93.5 billion. Similarly, the estimated earnings per share (EPS) for the period have been adjusted to $1.62, up from $1.56. These revisions also consider the significant depreciation of the U.S. dollar compared to other currencies during the quarter, which impacts Apple's financial performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 44 analysts, the average target price for Apple Inc (AAPL, Financial) is $237.71 with a high estimate of $300.00 and a low estimate of $141.00. The average target implies an upside of 19.01% from the current price of $199.74. More detailed estimate data can be found on the Apple Inc (AAPL) Forecast page.
Based on the consensus recommendation from 50 brokerage firms, Apple Inc's (AAPL, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Apple Inc (AAPL, Financial) in one year is $206.34, suggesting a upside of 3.3% from the current price of $199.74. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Apple Inc (AAPL) Summary page.
