--- title: "Weekly Recap | Apple +1.47%, closing in on record highs" type: "News" locale: "en" url: "https://longbridge.com/en/news/300185930.md" description: "Apple (AAPL) rose 1.47% this week to $341.07, ahead of the S&P 500’s 1.21% gain by about 0.26 percentage points. It was not a straight-line move. Monday opened lower, pushed higher and closed at $338.98. Tuesday touched the weekly high of $345.34 before settling at $339.75. Wednesday slipped to $337.02, and Thursday marked the weekly low around $334.30. Friday recovered to $341.07 at the close. The five trading days swung within a range of about 3." datetime: "2026-09-26T05:52:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300185930.md) - [en](https://longbridge.com/en/news/300185930.md) - [zh-HK](https://longbridge.com/zh-HK/news/300185930.md) generator: "portal-rs" --- # Weekly Recap | Apple +1.47%, closing in on record highs ## The Week Apple (AAPL) rose 1.47% this week to $341.07, ahead of the S&P 500’s 1.21% gain by about 0.26 percentage points. It was not a straight-line move. Monday opened lower, pushed higher and closed at $338.98. Tuesday touched the weekly high of $345.34 before settling at $339.75. Wednesday slipped to $337.02, and Thursday marked the weekly low around $334.30. Friday recovered to $341.07 at the close. The five trading days swung within a range of about 3.67%, with volume running well below the prior median level. The stock now sits near its recent high, with the close just below the Tuesday peak. ## Key Events The week’s most concrete development was Qualcomm’s announcement that it had renewed its global patent licence agreement with Apple, covering chip-related licensing. The news landed on Thursday and stirred fresh discussion about supply-chain terms between the two companies. The same day brought a number of 13F-style disclosures: Northwestern Mutual Wealth Management reported a new $1.03 billion investment in Apple, and several other institutional investors disclosed added positions. These filings are backward-looking and offer limited direct explanation for the week’s price action. Friday shifted the focus to hardware, with reports that Apple is preparing new versions of the HomePod mini, iPad mini and Apple TV 4K. Media coverage also weighed the double-edged effect of pricier new iPhones on demand and gross margin. Bernstein stayed constructive on the stock that day while flagging gross-margin risk. ## Analyst Ratings Across 46 institutions covering Apple, 19 rate it buy, 6 overweight, 13 hold, 3 underweight, 3 sell, and 2 have no opinion. The consensus rating is buy, with a consensus target of about $328.22, which sits 3.77% below the latest price of roughly $341.07. The target range runs from $215 to $405, showing a wide spread. Within the hardware, storage and peripherals industry, Apple ranks first among 32 companies. ## The Week Ahead Apple has no confirmed earnings or launch event on the calendar next week, so the focus may shift to macro data. Tuesday brings the US JOLTS job openings report, with a prior reading of 7.271 and a forecast of 7.24, plus consumer confidence, where the prior reading is 89.4 and the consensus is 90. Monday features the Dallas Fed manufacturing business activity index with a prior of 11.6, and Tuesday also includes FHFA house-price and Case-Shiller 20-city home-price data. The recent speculation around HomePod mini, iPad mini, Apple TV 4K and new iPhone pricing has not yet been confirmed. Any product update in that direction could put Apple back at the centre of attention. ## In Short The picture this week looks mildly positive on the surface but carries a tension underneath. Price action held up, with the stock outperforming the S&P 500 and closing back near its recent high. Ratings skew constructive, and the stock leads its industry. Yet the consensus target of about $328.22 is below spot, a gap of roughly 3.8% that suggests aggregate institutional price expectations lag the current market level. The wide target range and the debate over how expensive new iPhones may squeeze margins add to the uncertainty. The key to watch is whether product rollout and top-end iPhone sales can support the current price from here. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) ## Related News & Research - [Apple Inc. $AAPL Shares Sold by Resolute Advisors LLC](https://longbridge.com/en/news/300872365.md) - [Apple Inc. $AAPL Stock Sold by Clarus Wealth Advisors](https://longbridge.com/en/news/300872124.md) - [Apple Inc. $AAPL Stock Sold by Community Bank & Trust Waco Texas](https://longbridge.com/en/news/300849221.md) - [Apple Inc. $AAPL Stock Bought by GTS Securities LLC](https://longbridge.com/en/news/300764812.md) - [Knollwood Investment Advisory LLC Trims Stock Holdings in Apple Inc. $AAPL](https://longbridge.com/en/news/301001346.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**