JPMorgan assigned a 'Buy' rating to Apple with a price target of $340, acknowledging recent rumors of order cuts and slower iPhone Pro Max delivery times, mainly outside the U.S. Apple forecasted slower revenue growth of 9%-11% for the September quarter, down from 16% previously. Despite this, JPMorgan remains bullish, though the target implies only about 1% upside from the current price. Analyst consensus is mixed, with a 'Moderate Buy' rating and price targets ranging widely from $245 to $400, indicating limited near-term price appreciation potential.
Apple's market capitalization stands at $4.91 trillion as of Oct 12, 2026, 16:51 WIB, with a modest dividend yield of 0.32%. On Pluang, Apple shares trade at $336.81, showing a slight 0.04% increase on the day. The stock's typical hold time among Pluang investors is 144 days, indicating a medium-term investment horizon. These figures provide a snapshot of Apple's current market position amid varied analyst outlooks.
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Apple's stock dropped 3% following reports that it reduced component orders for the iPhone 18 Pro by 15-20% for October due to weaker-than-expected demand and higher memory chip prices. This move impacts Apple and its suppliers like Skyworks, which a...
SpaceX is acquiring Grain Management's nationwide 800 MHz spectrum portfolio for $8 billion, pressuring major telecom stocks like Verizon, T-Mobile, and AT&T, which dropped about 6% as Starlink Mobile aims to challenge traditional carriers. Meta has ...
