Apple Stock Hitting $300? MoffettNathanson Lifts Target to $270

Apple inventory hitting $300 is the query bouncing round Wall Street proper now, whilst shares fell 3.21% to $264.18 on March 2 — one of many sharper single-day strikes in latest weeks. The AAPL inventory worth had closed at $272.95 the session earlier than, and the newest inventory replace from MoffettNathanson, which raised its 12-month goal to $270 whereas sustaining a Neutral stance, has solely added to the back-and-forth. The Apple inventory forecast throughout main companies runs wherever from $270 to $350. Furthermore, the inventory crash on Monday is being weighed towards an organization that, essentially, remains to be delivering record-level earnings.

Apple Stock Hitting $300: Forecast, Updates, Risks, and Market Outlook

MoffettNathanson’s Apple Stock Update

On February 25, MoffettNathanson Craig Moffett raised his analyst worth goal on AAPL to $270 (up from $241) and retained a Neutral ranking. The firm believes that there’s a secure risk-reward place at prevailing ranges. After all, the inventory has been buying and selling with a premium to historic common, a big put in gadget base, a substantial free money movement, and base of recurring income. Upside, although, is seen as constrained by maturing {hardware} development, ongoing regulatory scrutiny in key jurisdictions, and sensitivity to international shopper demand cycles.

The web money place and the common money repurchases of the shares are acknowledged as downstream safety components of Apple, as properly. However, at as we speak’s multiples, the analyst is that an excessive amount of of the optimistic story within the close to time period is already mirrored on the share worth. The Apple inventory reaching $300 by this level would demand a real re-rating catalyst.

The Bull Case for AAPL Stock Hitting $300

The strongest Apple inventory forecast on the Street is coming from Wedbush’s Dan Ives. He carries a $350 worth goal and has been probably the most constant bulls on the inventory. In a February 17 analysis observe, the selloff in Apple was described as “unwarranted,” and Ives pointed straight to the AI ​​story as the driving force that might push the apple inventory worth properly previous $300 and towards $350. Apple’s inventory crash on Monday was dismissed as noise by the agency.

Dan Ives, Wedbush Securities, stated:

“2026 is going to finally be the year that Apple actually enters the AI ​​Revolution. The elephant in the room remains the invisible AI strategy, with the biggest consumer installed base in the world of 2.4 billion iOS devices and 1.5 billion iPhones — the time is now for Apple to accelerate its AI efforts.”

Ives additionally had this to say about Apple’s place in China, which has been a priority for traders by a lot of the previous 12 months:

Dan Ives, Wedbush Securities, acknowledged:

“We are seeing strength in the China market in particular, which should continue for Apple as a growth tailwind heading into the tail end of this iPhone 17 cycle and kicking off iPhone 18 this September.”

Risks That Could Keep the Apple Stock Price Below $300

AAPL inventory hitting $300 has actual obstacles in entrance of it, too. Spain’s competitors regulator flagged Apple and Amazon final week for taking too lengthy to take away allegedly anti-competitive contract clauses — a contemporary Apple inventory replace that provides to an already crowded EU regulatory overhang. Before this week’s drop, Apple was sitting close to its 52-week excessive of $288.62. This means the optimism was already baked into the share worth — and with no contemporary catalyst, there wasn’t a lot runway left.

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Apple inventory hitting $300 from the present inventory worth of round $264 would imply roughly 13.6% upside. This is achievable, however not with no clear catalyst tied to an AI-driven iPhone supercycle. MoffettNathanson’s $270 goal might be probably the most conservative near-term anchor. Whether the Apple inventory crash on Monday turns right into a shopping for alternative or an indication of broader softness is what the market will likely be understanding over the subsequent few weeks.