Bank of America has slightly trimmed its stock target for Apple from $325 to $320, due to Apple shifting its iPhone release schedule to delay the non-Pro iPhone 18 into early 2027.
iPhone Fold’s fall launch will probably shift iPhone 18 into spring 2027 – Image credit: Apple
iPhone Fold’s fall launch will probably shift iPhone 18 into spring 2027 – Image credit: Apple
Bank of America has a generally favorable view of Apple, after shooting its price target up from $270 to $320 in October 2025 over its long-term strategy. Expectations are being curtailed slightly in a recent note to investors from BoA, but only by a very small amount.
Tuesday’s note from BoA is a minimal lowering of the share price target that it had raised in November, from a price target of $320 to $325. Now, the analysts have reduced Apple’s price target back down to $320.