Apple (NASDAQ:AAPL) Price Target Raised to $400.00

Posted by Brian Himes on Nov 3rd, 2026

Apple (NASDAQ:AAPL – Get Free Report) had its price objective boosted by equities researchers at Argus from $375.00 to $400.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the iPhone maker’s stock. Argus‘s price objective points to a potential upside of 18.23% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Evercore reiterated an “outperform” rating on shares of Apple in a report on Tuesday, October 27th. Citigroup restated a “buy” rating on shares of Apple in a report on Thursday, September 10th. DA Davidson boosted their target price on Apple from $270.00 to $295.00 and gave the stock a “neutral” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft downgraded shares of Apple from a “buy” rating to a “hold” rating in a research report on Monday, August 17th. Finally, Seaport Research Partners lowered shares of Apple from a “buy” rating to a “neutral” rating in a research note on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Apple presently has a consensus rating of “Moderate Buy” and an average target price of $342.76.

Read Our Latest Stock Analysis on Apple

Apple Price Performance

AAPL opened at $338.32 on Tuesday. The company has a fifty day moving average price of $333.62 and a two-hundred day moving average price of $296.77. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. Apple has a 52 week low of $243.42 and a 52 week high of $351.73. The firm has a market capitalization of $4.94 trillion, a PE ratio of 38.80, a P/E/G ratio of 2.72 and a beta of 1.07.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The iPhone maker reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $0.11. Apple had a return on equity of 135.46% and a net margin of 27.62%. The company had revenue of $114.48 billion for the quarter, compared to the consensus estimate of $113.40 billion. During the same quarter in the prior year, the business posted $1.85 EPS. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. As a group, analysts anticipate that Apple will post 8.75 earnings per share for the current year.

Insider Buying and Selling at Apple

In related news, CEO John Ternus sold 25,412 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total value of $8,460,671.28. Following the sale, the chief executive officer directly owned 59,567 shares of the company’s stock, valued at approximately $19,832,236.98. The trade was a 29.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 2,399 shares of the company’s stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $343.36, for a total transaction of $823,720.64. Following the completion of the transaction, the senior vice president directly owned 32,396 shares of the company’s stock, valued at approximately $11,123,490.56. The trade was a 6.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 289,252 shares of company stock valued at $96,301,063 over the last quarter. 0.06% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Apple

A number of hedge funds and other institutional investors have recently bought and sold shares of AAPL. Avenir Tech Ltd acquired a new position in shares of Apple during the 2nd quarter worth approximately $29,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Apple in the 2nd quarter valued at approximately $30,000. Ironwood Wealth Management Inc. acquired a new stake in shares of Apple in the 3rd quarter valued at approximately $34,000. Ascentis Wealth Management LLC grew its stake in shares of Apple by 822.7% in the second quarter. Ascentis Wealth Management LLC now owns 292,493 shares of the iPhone maker’s stock valued at $85,000 after buying an additional 260,792 shares in the last quarter. Finally, Bamco Inc. NY bought a new position in shares of Apple in the second quarter valued at $118,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

More Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple beat expectations with fiscal fourth-quarter revenue of $114.48 billion and earnings of $2.10 per share, supported by strong iPhone 18 Pro and Mac demand. Revenue increased 11.7% year over year, while the active installed base reached a record. Apple results beat Wall Street expectations on strong iPhone sales
Positive Sentiment: Apple’s fiscal first-quarter revenue outlook of $153.8 billion to $158.1 billion exceeded the roughly $152.6 billion analyst consensus, suggesting holiday demand remains solid despite supply constraints. Several analysts maintained Buy ratings, citing resilient iPhone demand and potential AI-driven growth. Apple Buy rating reaffirmed at $370 target
Neutral Sentiment: Apple declared a quarterly dividend of $0.27 per share, equivalent to a 0.3% yield. The company is also considering paid access to expanded, server-side Siri capabilities, which could eventually create a new services revenue stream but may increase near-term AI infrastructure costs. Apple forecasts slower services growth as AI costs rise
Negative Sentiment: Management warned that “unprecedented” memory-price increases will pressure gross margins and could constrain Mac and iPad supply through the December quarter. Investors are particularly concerned because Apple’s valuation is elevated, with a reported P/E near 39, leaving little room for disappointing guidance. Apple’s John Ternus faces early test as global memory crisis hurts profits
Negative Sentiment: Services growth is expected to slow, China revenue and iPad sales underperformed expectations, and part of the quarterly earnings benefit came from a $731 million tariff refund. Analysts remain divided: JPMorgan trimmed its target to $355, while Rosenblatt retained a Neutral rating with a $303 target. What analysts are saying as Apple’s stock falls after earnings

Apple Company Profile

(Get Free Report)

Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.