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Haitong Int'l Raises Apple (AAPL.US) TP to US$266.32, Upbeat on iPhone 17 Demand
2025-11-03 17:04:32
Haitong International released a research report on Apple (AAPL.US), which announced its FY4Q25 results. Revenue hiked 8% YoY to US$102.5 billion, with an EPS of US$1.85, both topping market forecasts of US$102 billion and US$1.77.

Looking ahead to FY1Q26, Apple guided for 1Q26 revenue growth of 10-12% YoY, with iPhone revenue expected to record double-digit growth, and service revenue growth anticipated to be consistent with FY2025 level. Haitong International reiterated Apple's Outperform rating, raising the target price to US$266.32, optimistic about higher demand for iPhone 17.
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