Apple stock gains on a $380 target raise

Apple stock (US0378331005) traded at USD 336.13 on September 19, 2026, with a market cap of USD 4.91 trillion and a 52-week range of USD 240.21 to USD 344.57. That leaves the shares below the recent high, but still close enough to keep the valuation debate alive.

Target hikes keep coming

As Invezz reported on September 18, 2026, Evercore ISI raised its price target on Apple to USD 380 from USD 365 and kept an Outperform rating. The same report said the new target implies nearly 13 percent upside from Thursday's close.

MarketBeat also said on September 19, 2026 that Bank of America reaffirmed a Buy rating and set a USD 370 target, while TD Cowen kept a Buy call with a USD 400 target. MarketBeat's consensus target stood at USD 340.14.

July 30 still matters

Apple's most recent quarterly figures, reported for the period ended July 30, 2026, showed revenue of USD 109.42 billion and EPS of USD 2.02. MarketBeat said revenue beat the USD 109.04 billion consensus by USD 0.38 billion, and EPS topped the USD 1.89 estimate by USD 0.13.

The same quarter also carried a net margin of 27.62 percent and revenue growth of 16.4 percent from the prior year. That combination explains why the stock still trades with a premium multiple even after the recent advance.

USD 336.13 at the close

Apple stock was quoted at USD 336.13 on September 19, 2026, after opening at the same level, with a 52-week high of USD 344.57 and a market cap of USD 4.91 trillion. For investors, the next test is whether the stock can translate the higher target range into a break above that yearly high.

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