Apple stock (NASDAQ: AAPL) turned the tide since June and remains comfortably trading above the $300 zone. AAPL opened Thursday’s trading session at $327 and is up nearly 10% in a month. It went from a low of $295 to a high of $327 in less than 30 trading days. The global mobile giant is on a slow yet steady rise after experiencing a grinding halt in value in Q1 of 2026.

On the heels of a comeback, global investment bank Morgan Stanley has revised its price target for Apple stock. The bank reiterated its buy rating for AAPL, indicating that the mobile phone maker is on the path to rise nearly double digits next. The Wall Street giant is confident that Apple stock could see an uptick hereon, leaving behind its old baggage. This makes the equity a must-watch on your watchlist.

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Apple Stock Price Prediction From Morgan Stanley

Erik Woodring, the Head of US Technology Hardware Equity Research at Morgan Stanley, wrote in a note to clients on Tuesday (July 14, 2026) that Apple stock could reach a new price target of $360. That would be a profit of nearly $33 per share if traders take an entry position today. It is also an uptick and return on investment (ROI) of approximately 10% from its current price of $327.

Therefore, an investment of $1,000 could turn into $1,100 if the price prediction turns out to be accurate. That’s a straight-up profit of $100 if Morgan Stanley’s Apple stock hits the target. AAPL is now at its 52-week high, as traders expect bumper earnings in its next revenue call on July 30, 2026. Analysts currently project an Earnings Per Share (EPS) of $1.88 on total revenues expected near $108.9 billion. The analysts are confident that the company can smash the expectations and generate record numbers.