Just days after setting a $315 price target for Apple’s stock, JP Morgan is out with a revised outlook following the company’s Q1 2026 earnings. Here are the details.
JP Morgan sets $325 as new AAPL target price
On Monday, JP Morgan said it expected Apple to report $139.8 billion in revenue for fiscal Q1 2026, with the iPhone contributing $80.2 billion, and services totaling $29.9 billion.
This fell in line with the broader market expectation, which pegged total revenue at $138.4 billion, according to Bloomberg.
Out came Apple’s results, and the company reported $143.7 billion in revenue, with $85.27 from the iPhone, and $30.01 billion from services. In other words, Apple outperformed JP Morgan’s and the broader market’s expectations.
For that reason, as spotted by AppleInsider, JP Morgan released a new investor note today, raising Apple’s stock price target yet again, to $325.
AAPL is currently trading at $259.51, up just 0.48% from yesterday’s close, ahead of its Q1 2026 earnings report.
More broadly, the stock is down 4.23% year to date, following a 3.97% decline in December, even as it briefly touched an all-time high of $288.62 during the period.
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