Apple price target raised to $270 from $250 at DA Davidson on earnings beat

Investing.com - DA Davidson raised its price target on Apple (NASDAQ:AAPL) to $270 from $250 while maintaining a Neutral rating following the company’s fourth-quarter 2025 earnings report. The new target aligns closely with Apple’s current trading price of $270.46, which sits just 0.99% below its 52-week high of $274.14.

The technology giant beat top and bottom-line expectations in its 4Q25 results, though iPhone revenue showed significant deceleration compared to the previous quarter as the company faced tougher year-over-year comparisons. Apple reported overall revenue of $408.62 billion with a growth rate of 5.97% for the last twelve months.

Apple management reported strong demand for the iPhone 17 lineup, including the new iPhone Air model, but noted the company is experiencing supply constraints affecting both the current iPhone 17 and previous iPhone 16 generation devices.

China remains an area of inconsistency for Apple, with growth in the region declining year-over-year, according to DA Davidson’s analysis.

Despite the earnings beat that prompted the price target increase, the research firm maintained its Neutral stance on Apple stock. This cautious outlook may reflect Apple’s elevated P/E ratio of 41.26, with InvestingPro data indicating the stock is currently trading above its Fair Value. Analyst targets for Apple range from $175 to $315, with a consensus recommendation of 2.04. For deeper insights and more ProTips on Apple’s valuation, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Apple reported its fiscal fourth-quarter results, which were described by Baird as "solid overall," contributing to an increase in their stock price target to $300. Evercore ISI also raised its price target to $300, noting Apple’s September quarter revenue of $102.5 billion and earnings per share of $1.85, surpassing analyst estimates. TD Cowen adjusted its price target to $325, citing a year-over-year revenue growth of 8% for the September quarter and strong demand for iPhones driving future growth expectations.

Jefferies upgraded Apple’s stock rating from Underperform to Hold, highlighting an 8% revenue growth in the September quarter, which exceeded their estimates. Rosenblatt maintained a Neutral rating but increased its price target to $250 following Apple’s fiscal fourth-quarter earnings report, which met expectations, and first-quarter 2026 revenue guidance that surpassed forecasts. The company experienced a 6% growth in iPhone revenue, while other products like Mac and iPad exceeded expectations.

These developments reflect a positive outlook from analysts, with price target increases from Baird, Evercore ISI, and Rosenblatt, alongside Jefferies’ upgrade.

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