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JPMorgan keeps Overweight on Apple, citing strong iPhone demand despite mixed analyst views.

Analyst Insights
19 Oct 2026, 11:24 WIB
Finbold
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Neutral
JPMorgan keeps Overweight on Apple, citing strong iPhone demand despite mixed analyst views.

JPMorgan reaffirmed its Overweight rating on Apple with a $360 price target, highlighting strong early demand for the new foldable iPhone Duo and stable delivery timelines in key markets. Despite some concerns about weaker iPhone launches in China from other analysts like Jefferies and UBS, JPMorgan remains optimistic about the iPhone 18 cycle and revenue growth. Wall Street shows divided opinions with an average price target of $334, reflecting mixed views on Apple's near-term outlook. The stock has gained 27% in six months, with JPMorgan seeing about 5% upside from current levels.

Apple's market cap stands at $5.01 trillion as of Oct 19, 2026, 15:41 WIB, with a dividend yield of 0.31%. On Pluang, the stock trades at $342.99, down slightly by 0.14% on the day. This solid market valuation underscores the scale of Apple's presence in the technology sector while the typical hold time of 144 days on Pluang indicates steady investor interest.

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