Rumor

Following Apple’s Q4 2026 guidance, JP Morgan cuts its target for the company’s stock

9to5Mac • Fri, 31 Jul 2026

A few weeks ago, JP Morgan set a $345 price target for Apple’s stock through December 2027. Following yesterday’s quarterly results , the investment bank has slightly lowered its outlook. Here are the details.

What happened?

Story details

A few weeks ago, JP Morgan set a $345 price target for Apple’s stock through December 2027.

Following yesterday’s quarterly results , the investment bank has slightly lowered its outlook.

Why it matters

This page keeps Apple rumors separate from official updates, so readers can follow early reports without confusing them with confirmed announcements.

Original source

https://9to5mac.com/2026/07/31/following-apples-q4-2026-guidance-jp-morgan-cuts-its-target-for-the-companys-stock/

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Unimpressed Goldman Sachs trims AAPL target by $10 after earnings call

Despite raising its Apple price target just days before earnings, investment bank Goldman Sachs has recalibrated its forecasts and while still mostly positive, has now pulled the target back down to $360. Analysts believe Apple will do well in the Q3 results. That possibly premature rise before the report saw Goldman Sachs take its price target from $340 to $370 . So its new value of $360 is still up on what it had been since May 2026, and the company's analysts believe that Apple is taking the right steps to continue its growth. In a note to investors seen by AppleInsider , Goldman Sachs analysts say at present, they expect Apple's stock will trade lower than before. The advice was given to investors, because of Apple's guidance that it won't meet demand for the next quarter. Continue Reading on AppleInsider | Discuss on our Forums