JPMorgan raises target for Apple stock to USD 360.00

Published on 10/13/2026 at 16:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Apple reports earnings on November 2, 2026. Apple stock costs EUR 308.68 on October 13, 2026, up 1.47 percent versus the Xetra close.

Analyst target and reporting date

JPMorgan moved its Apple price target from USD 340.00 to USD 360.00 on October 12, 2026.
Apple plans to report fiscal fourth-quarter results on November 2, 2026.
Apple stock costs EUR 308.68 at Lang & Schwarz on October 13, 2026 at 4:11 p.m. CEST, plus 1.47 percent versus the Xetra close of October 12, 2026.
Apple has a P/E ratio of 39.66 and a market capitalization of USD 5.1 trillion as of October 13, 2026.

Architekturvisualisierung eines modernen Glas-Hochhauses in einer Stadt-Skyline — Architektonisches 3D-Render eines futuristischen Bürohochhauses für Apple Inc., ISIN US0378331005, in urbaner Skyline-Umgebung, Illustration mit AI erstellt.

Apple (ISIN US0378331005) has a new JPMorgan price target of USD 360.00, raised from USD 340.00, while the bank maintained its Overweight rating in a note dated October 12, 2026, according to MarketBeat. Apple stock was trading at EUR 308.68 at Lang & Schwarz on October 13, 2026 at 4:11 p.m. CEST, plus 1.47 percent versus the Xetra close of October 12, 2026 at EUR 304.20.

Fiscal third-quarter revenue rose 16.40 percent

Apple reported USD 109.42 billion in revenue for its fiscal third quarter of 2026, up 16.40 percent from the year-ago quarter, according to MarketBeat. The company also posted GAAP earnings per share of USD 2.02, above the USD 1.89 consensus cited in the same report.

That earnings comparison gives the target increase a more specific backdrop. JPMorgan's move from USD 340.00 to USD 360.00 puts the new target 3.87 percent above the USD 346.58 Nasdaq price reported by the finance quote for October 13, 2026.

Apple stock stays below its yearly high

The Nasdaq quote stood at USD 346.58 on October 13, 2026 at 2:25 p.m. UTC, with a 52-week range of USD 243.42 to USD 348.15. The current level is 0.45 percent below that 52-week high, while the Lang & Schwarz euro price remained the required German-market reference for this report.

Earnings date is November 2, 2026

Apple plans to announce fiscal fourth-quarter 2026 results on November 2, 2026, according to MacRumors, citing Apple's updated Investor Relations page. The report is scheduled for 1:30 p.m. Pacific Time, followed by a conference call at 2:00 p.m. Pacific Time.

Apple's market capitalization was USD 5.1 trillion and its P/E ratio was 39.66 as of October 13, 2026. Microsoft traded at USD 549.14, up 1.48 percent, with a P/E ratio of 30.58 and a market capitalization of USD 4.1 trillion. Alphabet traded at USD 352.64, down 0.02 percent, with a P/E ratio of 17.50 and a market capitalization of USD 4.3 trillion.

Apple price remains near its 52-week high

Apple stock was trading at EUR 308.68 at Lang & Schwarz on October 13, 2026 at 4:11 p.m. CEST, plus 1.47 percent versus the Xetra close of October 12, 2026 at EUR 304.20. The further course of trading is shown by the continuously updated real-time quote of Apple stock.