Key Stats for Apple Stock
- 1-year price change for Apple stock: 28%
- $AAPL Share Price as of Apr. 13: $259
- 52-Week High: $289
- $AAPL Stock Price Target: $296
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
Apple (AAPL) stock got a positive mention on Monday after Loop Capital reiterated its Buy rating and $325 price target on the company.
The catalyst is Apple’s new MacBook Neo, the company’s most affordable laptop ever, starting at just $599. That’s nearly half the price of the MacBook Air M5 and a fraction of the cost of higher-end models.
Loop Capital sees the Neo as a meaningful driver of volume. The firm is modeling around 3 million Neo units sold in 2026 as a starting point. That’s a new category of buyer Apple hasn’t fully reached before, people who want a Mac but couldn’t justify the price of existing models.
The catch is margins.
- A $599 laptop naturally carries a lower gross margin than Apple’s premium products.
- Loop Capital expects product gross margin to compress from 40.7% in the December quarter to around 33%-34% in the June quarter, then recover to 35% by September.
- That’s a meaningful step down from where Apple has been running.
Apple stock has had a tough start to the year, down nearly 5% year-to-date. But the underlying business remains strong.
In its most recent quarter,
- Apple reported record revenue of $143.8 billion, up 16% year-over-year.
- iPhone revenue alone hit $85.3 billion, growing 23%.
- Services set an all-time record at $30 billion.
- EPS of $2.84 was also a record, up 19%.
The company is also in the middle of a strong iPhone cycle.
- Greater China grew 38% year-over-year in the December quarter.
- The installed base of active devices crossed 2.5 billion for the first time.
- Management guided to 13%-16% revenue growth in the March quarter, though supply constraints on advanced chips remain a near-term headwind.
Memory cost inflation is another factor to watch. Apple acknowledged that it will have a modest impact on March-quarter gross margins.
The company said it has a range of options to manage this, though it didn’t give specifics.
See analysts’ growth forecasts and price targets for Apple stock (It’s free) >>>
What the Market Is Telling Us About Apple Stock
Loop Capital’s $325 price target implies more than 50% upside from current levels.
That’s a bold call, but it reflects confidence in Apple’s ability to expand its addressable market with lower-priced hardware while continuing to grow its high-margin services business.
Apple stock is attractively priced relative to its recent highs.
For long-term investors, the combination of a record installed base, growing services revenue and new product categories like the MacBook Neo makes the current pullback worth watching closely.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does Apple Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
