"Apple ( NASDAQ: AAPL | AAPL Price Prediction) closed at $255.78 on February 13, down 7.95% from the previous week's $277.86. Yet Wall Street analysts still see the stock climbing to an average target of $292.15, implying 10% upside from current levels. That disconnect raises a question: is the market pricing in risks analysts are missing, or did the selloff create an entry point?"
"The drop came despite Apple reporting a blowout quarter in late January. Revenue hit $143.76 billion, beating estimates, while iPhone sales reached an all-time quarterly high of $85.27 billion. The company returned nearly $32 billion to shareholders and saw its installed base surpass 2.5 billion active devices. Yet the stock has struggled in the weeks since, falling 5.83% year to date while the S&P 500 has remained essentially flat at negative 0.02%."
"More troubling for investors betting on an AI-driven growth cycle, Evercore ISI reported anticipated delays in the Apple Intelligence 2.0 launch, potentially pushing the release past March. The firm cited testing headwinds and Apple's privacy-first approach as reasons for the multi-phase rollout, with a complete Siri overhaul not expected until fall 2026. Regulatory scrutiny also intensified, with the FTC raising concerns about alleged political bias in Apple News while antitrust litigation continues."
Apple shares closed at $255.78 on February 13, down 7.95% from $277.86 the prior week, while analysts target an average of $292.15, implying about 10% upside. The company reported revenue of $143.76 billion and record iPhone sales of $85.27 billion, returned nearly $32 billion to shareholders, and exceeded 2.5 billion active devices. The stock fell 5.83% year-to-date while the S&P 500 remained essentially flat. The selloff accelerated after Apple agreed contract terms with Kioxia that will double NAND flash prices starting Q1 2026 and following reports of delays to Apple Intelligence 2.0 beyond March. Regulatory scrutiny and ongoing antitrust litigation added further uncertainty, and the RSI dropped to 39.59 from 69.03, indicating oversold conditions.
Read at 24/7 Wall St.
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