Wall Street Analysts Weigh In On AAPL Future After Earnings

Apple just finished its strongest June quarter on record, but investors remain cautious. While the company beat expectations on revenue and earnings, weaker guidance for the next quarter sparked a sell off. Shares dropped by over 7 percent in pre market action following the announcement.

Analysts are divided on what comes next. Goldman Sachs maintains a buy rating, though they lowered their price target to 360 dollars. They believe upcoming artificial intelligence features and new product launches will help recover margins and revenue growth. On the other side, KeyBanc remains pessimistic, issuing a sell rating with a target of 250 dollars.

Currently, the average analyst target sits near 333 dollars, suggesting a modest upside for the year ahead. With the stock sliding more than 10 percent from its recent record high, the market is now waiting for the September product event to see if Apple can regain its momentum.