Apple stock hitting $300 is, right now, more a question of timing than possibility. At the time of writing, AAPL trades at $284.18, up 2.66% on May 6, and Wall Street has largely stopped debating if it gets there. BofA raised its Apple stock price target to $330 after a record fiscal Q2 2026 report, and the broader analyst consensus also moved up sharply around the same time. Apple’s stock forecast for 2026 now has a pretty clear direction across more than 30 analysts, with the average sitting near $300 to $305.
Apple Stock Forecast for 2026, Target Upgrade And $300 Breakout View
A Quarter That Shifted the Tone
Apple’s fiscal Q2 2026 report landed differently than most. Revenue and earnings both cleared estimates by a wide margin, and the Services segment hit a new all-time high. Management also announced a fresh $100 billion share buyback and a dividend increase on top of that, which is the kind of signal investors tend to read as a direct statement about cash flow confidence. Apple stock hitting $300 started looking, to a lot of desks, like a near-term checkpoint rather than a long-term ambition.
Also Read: Apple Stock: How High Will It Go? 2040–2050 Top Banks Forecast
BofA, Bernstein, and Wedbush All Moved Their Targets Up
Bank of America’s Wamsi Mohan raised the firm’s Apple stock target to $330 from $325 after the Q2 results, which put the call about 18% above where AAPL traded at the time. The revision rested on strong iPhone demand, double-digit Services growth, and also some foreign exchange tailwinds that analysts felt the market had underpriced. App Store revenue also reached $3.2 billion in the first 33 days of Q3, up 3.7% year over year, and the firm took that as a sign that Q3 momentum would hold.
Bank of America analyst Wamsi Mohan said, via TheStreet:
“BofA analysts view it as a premium story in an otherwise messy market. Services remain a critical pillar, but the product cycle matters a ton as well.”
Bernstein analyst Mark Newman also reiterated a Buy and raised his Apple stock prediction for 2026 to $350 from $340. Newman pointed to continued market share gains and higher average selling prices as the core of his revised view. And Wedbush, which has held a $350 Apple stock target throughout, also reaffirmed its position after Apple announced the John Ternus CEO transition.
Wedbush analyst Daniel Ives was clear about the fact that:
“Apple’s AI integration roadmap and services monetisation potential remain intact despite the CEO change, while flagging tariff costs and macro uncertainty as near-term risks.”
How High Apple Stock Will Go From Here
BNP Paribas also upgraded Apple to Outperform and set a $300 target, citing improving iPhone demand and a better read on AI-linked Services revenue going into the second half of the year.
BNP Paribas stated:
“Improving iPhone demand dynamics and a more constructive view on Apple’s AI-linked Services revenue trajectory as the basis for the rating change.”
So how high will Apple stock go? From $284, a move to $300 is roughly 5.6%, which looks modest next to the upgrades already sitting on the table. AAPL stock hitting $300 before summer looks achievable to multiple desks, with the more optimistic stock forecast 2026 calls landing in the $325 to $350 range and pointing to a foldable iPhone, AI hardware, and a fall product cycle as the next set of catalysts. At $300, Apple’s market cap would also clear $4.4 trillion.