Apple Receives Bold Price Target Raise to $380 at Evercore on Robust iPhone Demand
Yahoo Finance ·
Apple is capturing renewed market attention as Evercore ISI raises its price target on the tech giant to $380 from $365, maintaining an Outperform rating. The adjustment follows a recent survey of nearly 4,000 U.S. consumers, which revealed that 53% plan to purchase either the iPhone 18 Pro or Pro Max. Notably, the Pro Max variant accounted for 32% of buying intentions, up from 29% previously. Replacement demand is also accelerating, with 67% pointing to device aging as a primary motive for an upgrade, compared to 48% a year ago. Furthermore, Evercore projects that average selling prices could climb by roughly 28% as buyers lean toward premium configurations and higher storage tiers. Growing enthusiasm was likewise recorded for the Apple Watch and AirPods, alongside a 14% interest rate in the anticipated foldable iPhone Duo.
AI 시장 분석
Evercore ISI has raised its price target for Apple (AAPL) from $365 to $380, based on recent consumer survey results. 53% of survey respondents expressed intent to purchase the iPhone 18 Pro and Pro Max, with preference for the Pro Max specifically increasing to 32%. Additionally, an upgrade cycle driven by device aging is arriving, and the average selling price (ASP) is expected to rise by about 28%, raising expectations for improved financial performance.
상승 영향
- Apple — In the Evercore ISI survey, 53% of consumers expressed intent to buy the iPhone 18 Pro and Pro Max, and ASP is expected to rise by 28%, which will directly increase revenue and profit.
DYAX 전담 분석
According to the Evercore ISI survey, 67% of US consumers cited the aging of their existing iPhones as the reason for upgrading, a significant increase compared to the previous year. As preference for high-end models like the Pro and Pro Max increases and the selection of larger capacity options grows, the average selling price (ASP) per unit will rise by about 28%, directly driving Apple's revenue and net income growth.
The bull case is achieving better-than-expected earnings through strong initial demand for new product launches and an improved sales mix centered on high-end models, while the bear case is a slowdown in high-end smartphone replacement demand due to macroeconomic deterioration. Investors should monitor future sales volume and ASP trends.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 63% · Bearish (Short) 37%
411 participants
Related News
- Haymaker Acquisition Corp V Secures $287.5 Million via NYSE IPO
- Coinbase Files to List Single-Stock Perps on Apple, Tesla and Nvidia
- 2 High-Yield Dividend Stocks to Buy and 1 to Avoid
- What Drove Zscaler Stock's Impressive Rally This Week
- Dow Jones Futures: Market Volatility Persists as Robinhood, Sandisk, AMD, and Moderna Approach Buy Zones
- Meta's New AI Agent Muse Achieves Sizzling Debut
