Market News · Analyst Calls · July 20, 2026
By the Bentley Equity Loans Team
Market & financial news desk
Market & financial news desk
Apple Inc. (AAPL) is expected to exceed analyst forecasts when it reports fiscal third-quarter results on July 30, according to Bank of America. The note adds another bullish voice ahead of one of the summer's most closely watched earnings events.
Rising Targets
The call lands days after HSBC upgraded Apple to buy from hold and raised its price target to $366 from $260 — currently the highest on Wall Street. Citi has also pointed to Services strength, citing a record $30.98 billion in Services revenue in the prior quarter.
A High Bar
Still, expectations are elevated. Apple enters the report near record highs and up 20% on the year, leaving little room for disappointment on iPhone demand, Services growth, or AI commentary.
Frequently Asked Questions
What did BofA say about Apple?
Bank of America said it expects Apple Inc. (AAPL) to beat analyst expectations when the company reports earnings on July 30, 2026.
What is the highest AAPL price target?
HSBC's $366 target was the Street-high as of mid-July 2026, following its upgrade to buy. Citi and others also raised targets into the $345-$365 range.
Is Apple a buy according to analysts?
Analyst opinion was broadly positive but mixed as of July 2026, with a Moderate Buy consensus. This is not investment advice; consult a licensed professional.
Disclaimer: This article is for informational purposes only and does not constitute investment, financial, or trading advice. Bentley Equity Loans is a real estate lender and is not a broker-dealer or investment adviser. Market data may be delayed; verify prices and figures with a live source before making any decision. Consult a licensed financial professional.