Morgan Stanley Sets New $360 Price Target for Apple Stock

Apple stock is showing strong momentum after a steady climb throughout the last month. Trading at $327 today, the tech giant has recovered significantly from its earlier slump in the first quarter of 2026. This recent performance has pushed the stock to a new 52 week high, grabbing the attention of major investors.

Morgan Stanley recently updated its outlook on the company, reiterating a buy rating. Erik Woodring, a lead analyst at the firm, set a new price target of $360 per share. If the stock reaches this level, investors would see an upside of approximately 10 percent from current trading prices.

Market participants are now looking toward the upcoming earnings call scheduled for July 30, 2026. With analysts projecting an earnings per share of $1.88 and revenues nearing $108.9 billion, expectations are high. Traders will be watching closely to see if Apple can outperform these estimates and maintain its upward trend.