- Apple stock opened at $201 after dropping nearly 10% in the second quarter of 2025.
- The stock is down almost 18% so far this year and struggles to stay above the $205 mark.
- Bank of America maintains a “buy” rating for Apple and sets a July 2025 price target of $235.
- The forecasted target represents a potential 17% gain from the stock’s recent price, according to BofA research.
- Apple is preparing for the launch of the iPhone 17 in September, which could impact future performance.
Apple began trading at $201 on Monday after experiencing a significant dip of nearly 10% during the second quarter of 2025. The tech giant has seen its stock fall almost 18% year-to-date, consistently facing difficulties staying above the $205 threshold.
Despite these declines, Bank of America has reiterated its positive outlook on Apple stock. The bank’s analyst, Wamsi Mohan, issued a “buy” rating and set a price target for July 2025 at $235 per share. This target implies a return on investment of about 17% from the current price level.
Mohan stated that Apple now has a forward price-to-earnings (P/E) ratio of roughly 26.5, which is below its five-year average of 27.2. The report suggests that this lower P/E ratio may present a favorable opportunity for investors. The analyst described this as an “entry point for investors to accumulate the stock and hold on for the short term.”
A 17% projected increase in stock price would mark a strong return, according to Bank of America. As reported, “An investment of $1,000 could turn into $1,170 if the forecast turns out to be accurate,” based on their analysis. The research indicates that this potential performance puts Apple stock in the “must-buy” category for July 2025.
Looking ahead, Apple is also expected to launch the iPhone 17 in September. Analysts suggest that new product launches may influence the company’s stock trajectory going forward. Investors considering an entry before the release may benefit from Apple’s reputation for consistent technological advancements.
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