--- title: "Apple expects Q1 performance to far exceed expectations, with multiple investment banks raising target prices" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/263775379.md" description: "Apple Inc. expects Q1 performance to far exceed Wall Street expectations, particularly with strong performance in the Chinese market. Despite the optimistic guidance, the stock price turned from gains to losses in early trading. Analyst Atif Malik believes that the strong performance of the iPhone 17 Pro has driven this optimistic expectation and raised the target price to $315. KeyBanc analysts expect double-digit growth in iPhone and overall revenue, but the stock price may \"consolidate\" in the short term. Needham analysts express concerns about the sustainability of demand for the iPhone 17 and maintain a \"hold\" rating" datetime: "2025-10-31T14:56:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263775379.md) - [en](https://longbridge.com/en/news/263775379.md) - [zh-HK](https://longbridge.com/zh-HK/news/263775379.md) --- > 支持的语言: [English](https://longbridge.com/en/news/263775379.md) | [繁體中文](https://longbridge.com/zh-HK/news/263775379.md) # Apple expects Q1 performance to far exceed expectations, with multiple investment banks raising target prices According to Zhitong Finance APP, Apple Inc. (AAPL.US) became the market focus on Friday, as the company's guidance for the first fiscal quarter ending in December far exceeded Wall Street expectations. Apple expects strong growth in the quarter ending December, particularly with a resurgence in the Chinese market. However, despite the impressive guidance, Apple's stock price turned from gains to losses during Friday's early trading, erasing pre-market gains. Its suppliers, such as Skyworks Solutions (SWKS.US) and Corning Inc. (GLW.US), showed mixed performance. Citigroup analyst Atif Malik pointed out in a research report that Apple's optimistic guidance benefits from a stronger product cycle, especially the performance of the iPhone 17 Pro. "We believe that the iPhone's installed base is the foundation of every upgrade cycle," he stated. "Apple is experiencing a record upgrade wave, with users from different demographics expressing love for the latest models, particularly the lightweight design and camera features of the iPhone Air, which have significant appeal." Malik expects that the first fiscal quarter ending in December will become the strongest quarter in the company's history, both in total sales and iPhone sales. He added that Apple is not only seeing an acceleration in upgrade speed but also an increase in the number of upgrading users, with new users entering the Apple ecosystem. Driven by optimistic expectations, Malik reiterated a "buy" rating for Apple and raised the target price from $245 to $315. KeyBanc Capital Markets analyst Brandon Nispel believes that Apple's financial report is "solid," and the guidance is "noteworthy," expecting double-digit growth in both iPhone and overall revenue. However, considering the recent stock price increase, he anticipates that Apple's stock price may "consolidate" in the short term. Nispel gives Apple a "neutral" rating. Needham analyst Laura Martin, while giving Apple a "hold" rating, also stated that the strong guidance "highlights Apple's moat." However, she expressed doubts about the sustainability of demand for the iPhone 17. "We continue to take a wait-and-see approach, as Apple's current valuation is relatively expensive, and fundamental growth faces challenges with rising competitive pressures," Martin wrote in the report. "We believe that Apple's stock price may need to wait for the next round of iPhone upgrade cycles to strengthen again." In addition to the aforementioned institutions, several investment banks, including Melius, have also raised their target prices for Apple following the earnings report, while Jefferies directly upgraded its rating ### 相关股票 - [Apple (AAPL.US)](https://longbridge.com/zh-CN/quote/AAPL.US.md) - [GraniteShares 2x Long AAPL Daily ETF (AAPB.US)](https://longbridge.com/zh-CN/quote/AAPB.US.md) - [Direxion Daily AAPL Bear 1x Shares (AAPD.US)](https://longbridge.com/zh-CN/quote/AAPD.US.md) - [Direxion Daily AAPL Bull 2X Shares (AAPU.US)](https://longbridge.com/zh-CN/quote/AAPU.US.md) - [T-Rex 2X Long Apple Daily Target ETF (AAPX.US)](https://longbridge.com/zh-CN/quote/AAPX.US.md) - [Kurv Yield Premium Strategy Apple Aapl ETF (AAPY.US)](https://longbridge.com/zh-CN/quote/AAPY.US.md) - [YieldMax AAPL Option Income Strategy ETF (APLY.US)](https://longbridge.com/zh-CN/quote/APLY.US.md) ## 相关资讯与研究 - [Warren Buffett Says He'd Buy 'A Whole Lot' Of Apple If It Gets Cheaper— And He's Not Losing Sleep Over Cashing Out $100 Billion Stake](https://longbridge.com/zh-CN/news/281202027.md) - [Mark Gurman Dismisses Apple Intelligence China Launch As Error, Points To Missing Approval And Unusual Timing](https://longbridge.com/zh-CN/news/281124466.md) - [Tim Cook Wants The 50th Anniversary Track As Apple Celebrates 'Think Different' Legacy With Star-Studded Global Creative Events](https://longbridge.com/zh-CN/news/280972499.md) - [The AirPods Max 2 are a great sequel, but not an ambitious one](https://longbridge.com/zh-CN/news/281193458.md) - [Park Place Capital Corp Sells 2,031 Shares of Apple Inc. $AAPL](https://longbridge.com/zh-CN/news/280989201.md)