Apple stock holds near its yearly high as targets rise
Published on 09/22/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Apple Inc. (ISIN US0378331005) opened at USD 338.98 on Nasdaq on September 22, 2026, placing the stock USD 5.59 below its 52-week high of USD 344.57 and USD 95.56 above its 52-week low of USD 243.42. The company is trading near a market capitalization of USD 4.95 trillion, giving the valuation debate more weight than the daily quote alone.
Analysts keep targets above USD 340
According to MarketBeat on September 22, 2026, 42 brokerages assigned Apple a consensus rating of Moderate Buy, with 26 buys, 13 holds, two sells and one strong buy. Their average 12-month price target was USD 340.14, only USD 1.16 above the September 22 opening price.
The range behind that average is wide. MarketBeat reported on September 22, 2026, that Moffett Nathanson raised its target from USD 270 to USD 304 while keeping a neutral rating, whereas Evercore ISI set a USD 380 target and an outperform rating. Wells Fargo also raised its target from USD 310 to USD 350 in a July 31, 2026 research note.
July results set the earnings base
Apple's latest reported quarter ended in the period published on July 30, 2026. According to MarketBeat, earnings per share reached USD 2.02 against a consensus estimate of USD 1.89, a USD 0.13 beat. Revenue came to USD 109.42 billion versus an estimated USD 109.04 billion, while revenue increased 16.4 percent from the same quarter a year earlier.
The operating profile was also substantial: the same July 30, 2026 results carried a net margin of 27.62 percent and return on equity of 135.46 percent. The comparison matters because prior-year EPS was USD 1.57, so reported EPS increased by USD 0.45 year over year. MarketBeat also cited a current-year analyst EPS expectation of USD 8.74.
Demand supports the premium valuation
MarketBeat reported on September 22, 2026, that stronger iPhone 18 Pro preorder demand, progress in artificial intelligence and a potential USD 1,999 foldable iPhone are supporting the bullish case. The same report cited a planned October 23, 2026 release for the foldable model.
The counterweight is valuation and execution. At the September 22 market snapshot, Apple's price-to-earnings ratio was 38.87 and its PEG ratio was 2.92, while the stock sat USD 5.59 below its 52-week high. Foldable-device adoption, competition in artificial intelligence and a USD 250 million settlement tied to alleged Siri and Apple Intelligence advertising claims remain concrete risks identified in the September 22 coverage.
Apple stock stays below its yearly high
Apple stock opened at USD 338.98 on Nasdaq on September 22, 2026. The quote was below the USD 344.57 52-week high, while the latest reported USD 109.42 billion quarterly revenue and 16.4 percent year-over-year growth provide the fundamental benchmark behind the elevated valuation.
Apple stock key data
- Company: Apple Inc.
- ISIN: US0378331005
- Ticker: AAPL
- Trading venue: Nasdaq
- Price (as of September 22, 2026): USD 338.98
- Market capitalization: USD 4.95 trillion (as of September 22, 2026)
- Sector / Industry: Information technology / Technology hardware, storage and peripherals
- Index membership: S&P 500
