Apple Stock Forecast: When, Not If, $300 Breaks as Analysts Up Targets

Following a record-setting fiscal Q2 2026 report, Apple stock’s ascent to $300 is now considered a matter of timing rather than possibility, as it traded at $284.18 on May 6. Consequently, Wall Street consensus has moved sharply higher, with the average 2026 price target from over 30 analysts now sitting near $300 to $305.

Bank of America raised its target to $330, as analyst Wamsi Mohan cited strong iPhone demand and double-digit Services growth. Mohan stated, “BofA analysts view it as a premium story in an otherwise messy market.” Similarly, Bernstein analyst Mark Newman increased his target to $350, pointing to market share gains and higher selling prices.

The quarterly results shifted the tone by clearing revenue and earnings estimates by a wide margin. Meanwhile, management announced a fresh $100 billion share buyback and a dividend increase, signaling strong cash flow confidence. Wedbush analyst Daniel Ives reaffirmed a $350 target, noting “Apple’s AI integration roadmap and services monetisation potential remain intact despite the CEO change.”

BNP Paribas also upgraded the stock to Outperform with a $300 target, citing improving iPhone demand. The firm stated this was based on “a more constructive view on Apple’s AI-linked Services revenue trajectory.” From its current price, a move to $300 represents a gain of roughly 5.6%, which multiple analysts see as achievable before summer.

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