Analysts Maintain Bullish Outlook on Apple Ahead of Earnings

Goldman Sachs, Bank of America, JPMorgan, and Wedbush have maintained their optimistic views on Apple as the company approaches its earnings announcement on Thursday. These firms have set price targets for Apple ranging from $325 to $350. In contrast, UBS has taken a neutral stance with a price target of $287. According to NS3.AI, analysts are anticipating Apple's fiscal Q2 revenue to be approximately $109.5 billion, with earnings per share (EPS) expected to be between $1.92 and $1.94. JPMorgan has noted that the upcoming earnings call might also focus on Apple's planned CEO transition set for September 1.