Apple‘s (NASDAQ:AAPL | AAPL Price Prediction) fiscal Q2 2026 beat triggered a three-way split among Wall Street analysts. Morgan Stanley raised its price target on Apple stock to $330 from $315 while keeping an Overweight rating,

Apple reported strong free cash flow growth (+28% YoY) and high FCF margins driven by iPhone sales and services growth. AAPL stock could be 23% undervalued based on our FCF margin and yield model.

Apple is expected to gain more ground after its earnings report showed the iPhone maker has largely weathered headwinds like rising memory costs, analysts said.

Record quarterly profits, upbeat guidance, and an enormous buyback are reshaping the risk–reward profile for investors, today, May 1, 2026.

CEO Tim Cook said Apple is seeing "extraordinary demand" for the company's iPhone 17 lineup. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Apple's stock is surging on a better-than-expected outlook,

On its quarterly earnings call, Apple said revenue growth in the current quarter would be between 14% and 17%, well above analysts' estimates.

Apple stock has posted an average annualized return of 20% since it went public in 1980. Its walled garden ecosystem has helped it maintain its dominance. But there is another factor that has enabled that model to thrive.

The Dow Jones index rose Friday as Apple jumped on earnings. But Roblox dived.