The most prominent stocks on Wall Street were not saved from the market’s increased volatility in 2025. However, the development may work to the benefit of several promising stocks in the tech sector. Among them is Apple (AAPL), which has gotten an overweight rating from JPMorgan as 45% upside develops.
The company has been one of the many affected by the ongoing sell-off affecting the stock market throughout the first three months of the year. Increased geopolitical conflict and economic uncertainty have resulted in hesitancy from investors. However, that has not limited what investors expect to be a massive turnaround for the United States’ mega-cap stocks.
Also Read: Apple (AAPL) AI Shift, Tariff Relief Moves Have Stock Inching Closer to $300
Apple Gets New Overweight Rating From JPMorgan: How High Can The Stock Go in 2025?
Uncertainty is all that US investors can expect this year, and Apple is no different. Despite being one of the most successful brands in history, the stock is down more than 5.8% over the last 30 days. However, it has begun a turnaround, jumping more than 4% over the last five.
A big reason for its slow start has been its subpar AI strategy. However, the firm has addressed that with a major move this week. With that in toe, Apple (AAPL) has gotten an overweight stock rating from JPMorgan as shares could erupt in the coming weeks.
Also Read: Apple (AAPL) Shifts Spending Amid $1B Loss as Stock Eyes $300
“We expect product cycle drivers in the form of iPhone 16E as well as iPad and Mac refreshes to support upside and/or resilience revenue and earnings,” JPMorgan analysts said, according to a recent report. Moreover, the firm projects Apple’s a sluggish AI rollout to be “less impactful to near-to medium-term estimates.”
Although opinions are mixed, JPMorgan is not alone in a bullish perspective on the stock. Of 50 surveyed analysts, 62% hold a buy rating on the stock, according to CNN. Additionally, just 10% have issued a sell rating.
With the company taking key steps and China’s interest in gaining increased market participation, the median price target for the company has emerged at $255, up 14%. Moreover, its high-end projection sits at $325, denoting a 45% upside for the tech giant.