The US stock market got off to a horrendous start this week, with companies seeing their value plummet. There was no shortage of concern, with uncertainty and geopolitical struggle abounding on Wall Street. Among the companies struggling this week is Apple (AAPL), which is down 8% in the last five days. In 2025, the stock is down nearly 13% so far. Despite the dip, investors are still buying, especially on the institutional level.
In Q3 2024, Institutional activity shifted to buying for tech stocks like Apple, Crowdstrike, and Advanced Micro Devices. All three of those stocks are considered buys to most analysts, with AAPL one of the stronger options. Amid the current price dip, several analysts are calling the iPhone manufacturer a must-have stock. Now in Q1 2025, institutional buying is at a multi-year high. Therefore, any further market weakness in Q2 2025 may bring even more opportunity to buy.
Analysts’ trends for AAPL include steadily rising coverage, firm sentiment, a Moderate Buy rating, and an upwardly trending consensus target. The consensus target is up by 20% in the last year, with most 2025 revisions leading to the high-end range. Wedbush set the high price target, $325, nearly 50% upside from the critical support target.
Also Read: GTA 6 Delayed to 2026? Leaked $112 Price Tag and Vice City Changes Spark Fury
Furthermore, Apple (AAPL) recently debuted a new product after its worst stock day in three years. Apple CEO Tim Cook teased the product that would be arriving “this week” in a recent post. As one can imagine, there was no shortage of excitement from consumers, and stock received a slight boost thanks to interested investors. The product is yet another in a long line of MacBook Air offerings. Moreover, the tease offered by Cook was a callback to Steve Jobs’ original announcement of the inaugural iteration in 2008. However, there are questions as to whether the new announcement can do much for the stock in its current position.
Currently trading at $217 around press time, Apple (AAPL) is waiting for a boom or bust. With geopolitical uncertainty fueling the recent market dip, companies like AAPL are moving towards new groundbreaking developments to rescue the company’s market cap and investors’ shares.