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
What happened?
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
Story details
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 .
Why it matters
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