Apple stock gains as Bank of America keeps a $370 target

Apple Inc. (ISIN US0378331005) stock opened at $337.00 on September 18, 2026, after a 1.38 percent gain in the session, with a market value of about $4.9 trillion. The move comes as MarketBeat reported on September 17, 2026, that Bank of America kept a Buy rating and a $370 target price.

July quarter still matters

Apple's last reported quarter was July 30, 2026: revenue reached $109.42 billion and EPS came in at $2.02, above the $1.89 consensus by $0.13, according to MarketBeat. Revenue was up 16.4 percent year over year, while the same quarter a year earlier showed $1.57 EPS.

That combination keeps the debate centered on whether the shares can justify the current valuation. The reported net margin was 27.62 percent, and return on equity reached 135.46 percent in the same update.

Targets stay clustered

The analyst picture remains tightly grouped around Apple. MarketBeat said on September 18, 2026, that the consensus rating was Moderate Buy with an average target price of $338.80, while Bank of America stood at $370 and HSBC at $366 in the same data set.

A separate report from TechFlowPost said Morgan Stanley kept an Overweight rating and a $360 target price, with the stock trading at $331.34 in that note. That leaves the target range clustered between $336.11 and $400.00 across the cited updates.

Price stays near record levels

Apple stock was quoted at $337.00 on Nasdaq on September 18, 2026, with a 52-week range of $240.21 to $344.57 and volume of 105.7K shares in the same market snapshot. The stock is therefore trading only $7.57 below the 52-week high of $344.57.

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