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Analysts at JP Morgan have increased the Apple stock price target to $315 because it has high expectations for iPhone 18 demand, and at the same time have clarified how strong it thinks that iPhone revenues will be in the Q1 2026 financial results.
A render of what the iPhone 18 could look like – Image credit: AppleInsider
Apple will be revealing its first-quarter financial results for 2026 on January 29, and analysts are putting in their last-minute forecasts ahead of their release. In the case of JP Morgan, it’s also changing its expectations for Apple’s share value.
In Monday’s note to investors seen by AppleInsider, JP Morgan has adjusted its one-year share price target to $315. It was last raised in October 2025, when it had shifted from $290 to $305.
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