Apple Inc. (AAPL)’s Durable Growth Narrative Keeps Getting Stronger
Key takeaways
- (AAPL)’s Durable Growth Narrative Keeps Getting Stronger Rameen Kasana Sat, May 23, 2026 at 9:51 PM GMT+7 2 min read AAPL Apple Inc.
- On the same day, Evercore ISI said that it views a “bull case target” of $500 for Apple Inc.
- (NASDAQ:AAPL) announced its Q2 FY2026 results, it delivered earnings beats.
Apple Inc. (AAPL)’s Durable Growth Narrative Keeps Getting Stronger Rameen Kasana Sat, May 23, 2026 at 9:51 PM GMT+7 2 min read AAPL Apple Inc. (NASDAQ:AAPL) is among the most traded US stocks so far in 2026. On May 14, Tigress Financial lifted the price target on Apple Inc. (NASDAQ:AAPL) to $375 from $305 and reiterated a Strong Buy rating. The firm expects additional upside in the shares due to the company’s “AI-powered ecosystem, high-margin services, and robust cash flow returns,” creating a “durable, multi-engine growth story.”
On the same day, Evercore ISI said that it views a “bull case target” of $500 for Apple Inc. (NASDAQ:AAPL) shares. The firm believes the company is well-positioned to compound earnings and free cash flow at a low- to mid-teens rate. This will be possible even if iPhone units grow “modestly,” due to continued growth of its Services business and average selling price tailwinds from the premium models transition. The firm raised the price target on the company from $330 to $365 and reaffirmed an Outperform rating.
When Apple Inc. (NASDAQ:AAPL) announced its Q2 FY2026 results, it delivered earnings beats. Given ongoing constraints to supply, the company forecasts June total revenue to grow by 14% to 17% YoY. After its return overperformance relative to the S&P 500, the company has a mere 2.51% 1-year upside potential. That said, the stock remains one of the most traded US stocks so far in 2026.