Forget the iPhone 17 - iPhone 18 Demand Prompts Morgan Stanley to Hike AAPL Target to $298

Forget the iPhone 17 - iPhone 18 demand prompts Morgan Stanley to hike AAPL target to $298

While saying the iPhone 17 upgrade cycle is only modestly more than predicted, Morgan Stanley sees promising signs for the iPhone 18 and has raised its target price to $298.iPhone 17 Pro Max Back in March 2025, the investment bank cut its price down to $252 because of fears that upgrades to the iPhone 17 range would be low. Now in a note to investors seen by AppleInsider, its analysts are saying that it is seeing higher upgrades than predicted —…

Morgan Stanley bull case sees Apple stock hitting $376

Morgan Stanley analysts, led by Erik Woodring, are growing more optimistic about Apple’s iPhone 17 sales potential, raising their fiscal 2026 iPhone revenue forecast by 4% to $230.3 billion, surpassing the consensus estimate of $220 billion. The increase is driven primarily by stronger expected unit sales, with higher average selling prices also contributing. Britney Nguyen for MarketWatch: ‎ In the analysts’ view, the base iPhone 17 model is “…

Morgan Stanley Eyes iPhone 18 Growth After Strong 17 Sales

Apple’s latest iPhone launch is off to a stronger start than many expected, and that early momentum is already shifting Wall Street’s expectations for what comes next. A new investment note from Morgan Stanley signals growing confidence in Apple’s 2025 iPhone strategy and sets the stage for a bigger year with the iPhone 18. Strong […] The post Morgan Stanley Eyes iPhone 18 Growth After Strong 17 Sales appeared first on The Mac Observer.

Morgan Stanley raises its Apple target $58 to $298 | Philip Elmer‑DeWitt

"Our new bull case valuation of $376 embeds a scenario where Apple ships around 270M iPhones and does over $10 of earnings power in FY27, which we see as achievable if Foldables and Al catalyze even stronger demand." — Analyst Erik Woodring

Morgan Stanley Lifts Apple Target to $298 on iPhone 17 Demand

In the ever-evolving world of consumer technology, where investor sentiment can swing on the promise of future innovations, Morgan Stanley has made a bold call on Apple Inc.’s stock. The investment bank recently raised its price target for Apple shares to $298 from $240, maintaining an overweight rating, driven by what analysts see as surging demand not just for the upcoming iPhone 17, but extending into the iPhone 18 cycle. This optimism stems …