The Apple stock price target is climbing across Wall Street right now, with two major firms raising their outlooks just days before Apple earnings April 30. BNP Paribas pushed its Apple stock price target to $300 on April 17, and Bank of America followed with its own raise to $325, signaling a broadly more optimistic Apple stock forecast heading into what could be a defining quarter for AAPL. Analysts also expect an Apple buyback announcement alongside the results, and the Apple stock upgrade from BNP adds yet another reason investors are watching this one closely.
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Apple Stock Forecast Rises As Earnings, Buyback And Upgrades Align
BNP Paribas Raises Apple Stock Price Target to $300
Apple stock now carries a $300 price target at BNP Paribas, up from $260 — a 15.3% lift that came alongside a full upgrade of AAPL from ‘neutral’ to ‘outperform’ on April 17. The bank’s case rests on how the memory shortage shakes out across the smartphone space.
Apple holds clear advantages over lower-end peers, and that gap looks wider as costs rise. During last quarter’s earnings call, CEO Tim Cook said Apple has “a range of options” when it comes to managing memory costs, stopping short of any detail on what those options actually are.
Bank of America Lifts Apple Stock Price Target, Eyes April 30 Results
Bank of America raised its Apple stock price target to $325 from $320, reiterating a Buy rating ahead of Apple earnings April 30. The firm projects roughly $113 billion in revenue and $2 in EPS for fiscal Q2 — both ahead of Street expectations of $109 billion and $1.93 per share.
Source: Edgar Online
The bank bumped iPhone shipment estimates for the March quarter up by 2 million units, to 60 million, and expects Services revenue to grow 14% year over year. FX tailwinds could contribute another 4% to revenue before hedges. The analysts called their overall setup expectation a “strong report and guide.”
Apple Buyback Announcement Expected to Lift Sentiment Further
Beyond the numbers, the Apple buyback announcement many analysts expect alongside the April 30 results adds another layer to the Apple stock price target case. The Apple stock forecast also draws support from Apple’s capital-light positioning in AI. The company spent just $12.7 billion on capex in fiscal 2025 — far below what Amazon ($200B), Alphabet ($185B), and Meta ($135B) each plan to deploy in 2026 alone.
Services revenue hit an all-time record in Q1, and Apple now counts more than 2.5 billion active devices in its installed base. At a P/E of around 34, the current price target upgrades from multiple firms reflect a market that, at least right now, still sees that premium as justified.
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