UBS Adjusts Apple Price Target Ahead of Q2 FY26 Earnings Report

UBS has increased its price target for Apple to $287 from $280 in anticipation of the company's Q2 FY26 earnings report scheduled for April 30. According to NS3.AI, UBS analyst David Vogt has also revised his forecast for iPhone unit sales, predicting 50.3 million units. Vogt highlighted several risks that could impact Apple's performance, including product delays, weaker innovation, and macroeconomic challenges in China.