JPMorgan raises Apple stock target to USD 360.00

Published on 10/16/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue was USD 109.42 billion. Apple stock costs EUR 306.08 on October 16, 2026, minus 0.07 percent versus the Xetra close.

Analyst target and reporting date

JPMorgan's target moved from USD 340.00 to USD 360.00 in a report published October 15, 2026.
Apple reported USD 109.42 billion in revenue for the fiscal third quarter ended June 27, 2026.
Apple stock costs EUR 306.08 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, 0.07 percent below the Xetra close of October 15, 2026.
Apple is scheduled to report its fiscal fourth-quarter results on November 2, 2026.

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JPMorgan raised its Apple target from USD 340.00 to USD 360.00 in a report published October 15, 2026, giving Apple stock (ISIN US0378331005) a 4.76 percent target premium over the USD 343.64 Nasdaq price. The Stock Observer reported that the firm kept its overweight rating. At 3:36 p.m. CEST on October 16, 2026, Apple stock was trading at EUR 306.08 at Lang & Schwarz, minus 0.07 percent versus the Xetra close of October 15, 2026 at EUR 306.30.

Revenue sets the operating benchmark

Apple reported USD 109.42 billion in revenue and USD 2.02 diluted earnings per share for the fiscal third quarter ended June 27, 2026. Revenue increased 16.40 percent from the year-ago quarter, while earnings per share rose from USD 1.57. These figures give the target revision a clear operating reference rather than leaving it as a standalone valuation claim. The Stock Observer reported the quarterly figures.

Stock sits 1.76 percent below high

On the Xetra listing, Apple's October 15, 2026 range was EUR 208.15 to EUR 311.55 over the prior 52 weeks. The Lang & Schwarz price therefore stood 1.76 percent below that high. Apple was down 5.48 percent over one month and 31.77 percent year to date as of October 15, 2026. The Xetra session also showed 16,420 shares traded against a 65-day average of 20,040.

Valuation meets November date

Market capitalization on Xetra was EUR 4.5 trillion on October 15, 2026, with a P/E ratio of 40.94 and a dividend yield of 0.31 percent. JPMorgan's USD 360.00 target sits 4.76 percent above the USD 343.64 Nasdaq price from October 16, 2026. Apple is scheduled to publish fiscal fourth-quarter results on November 2, 2026, according to iClarified, which cited the company's investor-relations schedule.

Comparison with peers

Apple: minus 0.07 percent, P/E 40.94, market capitalization EUR 4.5 trillion
Microsoft (Nasdaq, USD): minus 0.29 percent, P/E 29.95, market capitalization USD 4.0 trillion
Alphabet (Nasdaq, USD): minus 0.47 percent, P/E 17.23, market capitalization USD 4.2 trillion

Euro quote remains below yearly high

For German investors, the key contrast is a small intraday move against a much wider yearly performance gap. The USD 360.00 target and the November 2, 2026 reporting date provide the next measurable reference points.

The further course of trading is shown by the continuously updated real-time quote of Apple stock.