Stock Performance: Apple Inc. shares remained steady as investors considered long-term growth prospects, with a recent price forecast increase from $270 to $320 by Bank of America analyst Wamsi Mohan. The stock has gained over 15% in the past year.
Revenue and AI Outlook: Mohan projected Apple’s fiscal 2025 revenue at $418 billion, with a focus on AI's potential impact on product offerings and revenue streams, including eyewear and in-home robots.
iPhone Demand Estimates: The analyst raised iPhone unit estimates due to stronger demand for the iPhone 17 Pro and Pro Max, forecasting 57 million units for Q4 2025 and 80 million for Q1 2026.
Gross Margin Expectations: Mohan anticipates a gross margin of 46.4% for Q4, with guidance for Q1 ranging from 46.5% to 47.5%, while Apple shares traded near their 52-week high of $269.89.
Wall Street analysts forecast GXPT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GXPT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast GXPT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GXPT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 26.840
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Current: 26.840
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
