Jefferies Upgrades Apple: Positive Outlook with 48.56% Upside

Jefferies has upgraded Apple from Underperform to Hold, suggesting potential for growth with a projected 48.56% upside. This signals an optimistic view as institutional ownership and revenue forecasts indicate increased confidence in the stock.

Date: 10-04-2025

AI Rating: 8

Upgrade Impact
Jefferies' decision to upgrade Apple from Underperform to Hold is a significant sentiment shift that could positively affect investor perceptions. An upgrade often indicates that analysts see potential in the company's stock, allowing room for price appreciation.

Price Target Analysis
With a price target suggesting a 48.56% increase from the recent closing price of $172.42/share to an average target of $256.14/share, this provides a compelling opportunity for investors looking at possible gains in the upcoming months. However, it’s essential to note that forecasts range widely from $185.70 to $341.25, indicating varying degrees of confidence among analysts.

Projected Revenue Growth
The projected annual revenue for Apple is expected to be $456,337 million, which marks a notable growth of 15.31%. Strong revenue growth is often indicative of robust demand for a company's products and services. This growth, combined with an increasing average price target, supports the bullish sentiment surrounding Apple's stock.

Earnings Per Share (EPS)
The projected non-GAAP EPS for Apple is expected to be 7.28. A rising EPS is bullish for investors as it indicates that the company is improving profitability and generating more earnings for each share, thus enhancing shareholder value.

Institutional Ownership
The increase in institutional ownership by 554 positions (7.79%) over the last quarter signals increased confidence in Apple's prospects. Growing investment from institutions indicates a strong endorsement from large investors and may lead to additional buying interest from retail investors.

Put/Call Ratio
The put/call ratio of 0.76 reflects a bullish outlook among investors. A ratio below 1 indicates more call options being bought than puts, which can signify optimistic sentiment about the stock's future performance. Overall, the combination of an upgrade, projected growth, solid EPS, and strong institutional interest makes Apple an attractive investment opportunity in the near term.

Stocks: AAPL