Following the official launch of the iPhone 17 lineup, shares in Apple Inc. (AAPL) are picking up steam. Over the last five days, AAPL is up 7.7%, with the iPhone facing plenty of demand that’s causing the company to increase its development. Wall Street has responded positively to the strong sales as well, with numerous analysts upping their stock forecasts for AAPL.
Analysts at Wedbush lifted their price target to $310 from $270 in a Monday analyst note, writing that early demand for the recent launch means this is “turning into a real upgrade cycle” for the company after years of softer launches, “based on the early strong demand signs.” Lead analyst at the firm, Dan Ives, called this past weekend a strong one for Apple, and estimated that iPhone 17 demand is running 10–15% ahead of last year’s iPhone 16. This growing demand could mean even better sales that could send revenue for AAPL sky high heading into the final months of 2025.
Other analysts on Wall Street share Wedbush’s analysis of Apple (AAPL) stock. Daiwa Capital also supports an upward trajectory with a $275 target, backed by a strong overall analyst score of 75.4. Tigress Financial and Melius Research also maintain their ratings, showing continued support.
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However, the most bullish forecast for AAPL recently came from Julia Khandoshko, CEO of international broker Mind Money. Indeed, she went out to say that Apple may have some growth in it to close out this year, perhaps enough to send its stock back towards the $250-$300 mark. The analyst suggested in a recent investor’s note that the continued threat of tariffs could spark growth for AAPL. “Tariffs don’t destroy demand,” she said. “I would argue that they more often boost it.” Additionally, the Mind Money CEO cited the June quarter’s 13% increase in iPhone sales ahead of tariffs as an example. “People just bought before prices increased. That ‘pull-forward’ effect should also be felt in the September cycle,” she added.
Combined with the solid opening revenue from iPhone 17 and positive results, Apple could be in for a bullish end of 2025, sending AAPL stock higher in the final quarter.