Wall Street Eyes Apple Earnings as Analysts Remain Bullish
Apple's fiscal Q2 earnings report looms large, with Wall Street anticipating $109.5 billion in revenue and EPS between $1.92-$1.94—a notable jump from last year's $1.65. The stock currently hovers near $270, with options markets pricing in a potential 4% swing post-announcement.
Goldman Sachs maintains a $330 price target, citing expected outperformance in iPhone/Mac sales and robust gross margins. Bank of America echoes this optimism, raising its target to $325 on iPhone momentum and AI-driven upgrade cycles. Both institutions project sustained double-digit services growth through 2026.
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