JPMorgan raises target for Apple stock from USD 340 to USD 360
Published on 10/26/2026 at 15:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- JPMorgan Chase & Co. raised its Apple target to USD 360.00 from USD 340.00 on October 12, 2026.
- Apple is scheduled to report fiscal fourth-quarter results on November 2, 2026, with consensus revenue at USD 113.36 billion.
- Apple stock costs EUR 308.83 at Lang & Schwarz on October 26, 2026 at 3:35 p.m. CEST, 0.63 percent below the Xetra close of October 23, 2026 at EUR 310.80.
- The Nasdaq price was USD 345.61, 1.74 percent below Apple's 52-week high of USD 351.73, on October 26, 2026.
On October 12, 2026, JPMorgan Chase & Co. raised its Apple target from USD 340.00 to USD 360.00 and kept an Overweight rating, MarketBeat reported. The target lies 4.16 percent above Apple's Nasdaq price of USD 345.61 on October 26, 2026. At Lang & Schwarz, Apple stock was trading at EUR 308.83 on October 26, 2026 at 3:35 p.m. CEST, down 0.63 percent versus the Xetra close of October 23, 2026 at EUR 310.80.
November 2 brings the next report
Apple is scheduled to publish fiscal fourth-quarter results on November 2, 2026, after the market close, according to 24/7 Wall St. The same report puts consensus fiscal fourth-quarter revenue at USD 113.36 billion, versus USD 102.47 billion in the year-earlier quarter, a 10.63 percent increase.
That estimate arrives against Apple's fiscal third-quarter performance. On July 30, 2026, the company reported revenue of USD 109.42 billion and diluted earnings per share of USD 2.02, while consensus had been USD 1.89, MarketBeat reported.
The stock stays near its high
Apple's Nasdaq price of USD 345.61 was 1.74 percent below its 52-week high of USD 351.73 and 41.99 percent above its low of USD 243.42 on October 26, 2026. The same quote showed a market capitalization of USD 5.0 trillion and volume of 8,338,300 shares.
The valuation remains a central counterweight to the target increase. Apple's price-to-earnings ratio was 39.64 on October 26, 2026, while the 52-week range leaves the stock near its upper boundary rather than at a midpoint.
Margin guidance meets a high bar
Apple's fiscal fourth-quarter outlook called for revenue growth of 9.00 percent to 11.00 percent and a gross margin of 47.00 percent to 48.00 percent, with tariff refunds contributing to the prior quarter's margin, according to 24/7 Wall St. For investors, the November report therefore combines a USD 113.36 billion revenue benchmark with a margin range that is lower than the fiscal third-quarter level of 50.10 percent.
Apple price and the next test
JPMorgan's USD 360.00 target leaves a 4.16 percent gap above the Nasdaq price, while Apple's EUR 308.83 quote sits 0.63 percent below the Xetra close of October 23, 2026 at EUR 310.80. The next dated checkpoint is Apple's fiscal fourth-quarter report on November 2, 2026.
The further course of trading is shown by the continuously updated real-time quote of Apple stock.
Apple stock at a glance
- Company: Apple Inc.
- ISIN: US0378331005
- Ticker: AAPL
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 26, 2026, 3:35 p.m. CEST): EUR 308.83
- Change versus Xetra close: minus 0.63 percent
- Xetra close (October 23, 2026): EUR 310.80
- Market capitalization: USD 5.0 trillion (as of October 26, 2026)
- 52-week range: USD 243.42-351.73 (as of October 26, 2026)
- Sector / Industry: Technology / Consumer Electronics
- Next earnings date: November 2, 2026
Market context: Market report Nasdaq Composite.
