Apple Stock (AAPL) Eyes Retest of Highs Amid Analyst Upgrades, Robotics Push

Apple's stock (NASDAQ:AAPL) is staging a potential run toward its previous high of $277.32, fueled by a 10.58% surge in the past month. This upward trend is supported by recent positive analyst ratings and the company's strategic foray into robotics, generating increased market confidence.

Several analysts have adjusted their price targets for Apple, indicating growing optimism about the company's prospects, even in the current macroeconomic environment. Bernstein initiated coverage with an “Outperform” rating, setting a price target of $325, citing Apple's strong fundamentals and potential for future expansion.

Citi also reiterated a “Buy” rating, raising its price target to $315 from $245, highlighting Apple's solid market position and growth potential.

Price Targets

A key factor driving this positive sentiment is Apple's development of a dedicated robotics unit. Morgan Stanley analysts suggest that Apple is leveraging its experience from projects like Project Titan to create a significant presence in the field of physical AI. The first Apple Robot is anticipated as early as 2027, with projections estimating that the robotics sector could contribute up to 25% of Apple's current share price by 2040. Morgan Stanley estimates this could represent a $130 billion revenue opportunity.

Apple's year-to-date performance stands at 11.44%, showcasing its resilience and ability to generate returns for markets. The stock's ability to overcome the $250 resistance level further solidifies the bullish outlook. The company's strategic initiatives, combined with positive analyst sentiment, suggest that Apple is well-positioned for continued growth.

Apple's strategic shift into robotics, combined with favorable analyst forecasts, underscores the stock's ability to draw interest. After a 2025 of relative underperformance, with the Nasdaq 100 having delivered close to 2x the return of AAPL, a run towards year end cannot be discounted according to the street.