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Apple stock set for new highs as Bank of America targets $370 amid strong sales and AI growth.

Analyst Insights
17 Sep 2026, 20:11 WIB
Finbold
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Bullish
Apple stock set for new highs as Bank of America targets $370 amid strong sales and AI growth.

Apple's stock is gaining momentum with a Bank of America analyst predicting a rise to $370 within 12 months, signaling a 10.7% upside from current levels. This optimism is driven by strong fiscal results, aggressive U.S. carrier promotions boosting iPhone sales, and Apple's leadership in on-device AI technology. The company’s disciplined financial management and capital return program further enhance its long-term investment appeal. Analysts generally rate Apple as a 'Moderate Buy,' with price targets ranging from $245 to $400, supported by a 40.5% stock rally over the past year and a market cap near $4.9 trillion.

Apple's market cap stands at $4.85 trillion as of Sep 18, 2026, 00:21 WIB, with a dividend yield of 0.32% and a typical hold time of 142 days on Pluang. The stock price is $335.47, showing a 0.92% gain in the last day, while order activity leans heavily toward selling at 78%. This data highlights the stock's significant scale and moderate investor turnover alongside the analyst optimism noted in the article.

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