Apple (AAPL) Stock Gets Forecast Upgrade Before iPhone Season - Analysts Bullish on Crypto-Like Surge Potential

Wall Street upgrades Apple's outlook just as iPhone season kicks into high gear—because nothing says 'innovation' like another iteration of the same rectangular slab.

Analysts Boost Targets

Major firms ramp up AAPL projections ahead of expected blockbuster sales. The upgrade cycle mirrors crypto bull runs—everyone suddenly remembers why they loved the asset after months of ignoring it.

Seasonal Catalyst incoming

New iPhone launches historically drive 20%+ quarterly revenue spikes. This time, whispers of blockchain integration in Apple Pay have speculators drooling—though Tim Cook probably just added another camera lens.

Tech giant's stock poised for traditional 'pre-hype' runup before the actual numbers drop. Because in both tech and crypto, the forecast often looks better than the reality.

Apple (AAPL) to Continue Dominant Reign With September iPhone Sales?

The upcoming quarter is typically the tech giant’s best-performing period, with the upcoming iPhone 17 launch no different. The stock is already up 17% in the last 30 days, and could surge further if this quarter sees a solid boost from iPhone sales. Further, many analysts see Alphabet (GOOGL)’s recent lawsuit win as a win for Apple as well, with the two stocks often tied together.

CNBC’s Jim Cramer was the most recent to point this out, arguing that both tech giants won the DOJ investigation. “It’s also a big win for Apple, which got paid billions, perhaps more than 20 billion a year, to preload Google on their devices,” Cramer said on a recent Mad Money episode. “Most wags thought for sure Apple would lose this source of revenue, and numbers would have to be cut immediately. It could get even better.”

Furthermore, JPMorgan’s July stock forecast for Apple (AAPL) stock could ring true should the upcoming sales period outperform expectations. The firm pitted AAPL to reach $250 in the next 2 months, rating the stock overweight. “We rate shares of Apple Overweight from the combination of AI and age of installed base led volume replacement cycle while Services continues to demonstrate robust growth delivering acceleration in earnings growth,” analyst Samik Chatterjee said this Summer.

At $239, AAPL is trading NEAR the top of its 52-week range and above its 200-day simple moving average. A successful climb past $250 could indeed put AAPL on the path to $300 by October 2025.