Analysts are bullish on Apple stock heading into its upcoming earnings report, citing strong iPhone demand.

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	Forwarded this email? Subscribe here for more Apple stock poised for gains ahead of earnings as iPhone sales surge, analysts predict MacDailyNews Jan 20   READ IN APP   Analysts are bullish on Apple stock heading into its upcoming earnings report, citing strong iPhone demand. iPhones “flew off the shelves” in recent months, driven by robust sales figures that exceeded expectations. This performance is expected to translate into positive upside for the stock, with Wall Street anticipating solid results that could push shares higher. Nate Wolf for Barron’s: ‎ Evercore ISI added Apple to its Tactical Outperform list on Tuesday, arguing that robust iPhone demand positions the company for a strong earnings print. The firm reiterated an Outperform rating and a $330 price target on Apple stock, which remain its top pick for 2026. Evercore expects iPhone revenue to climb 17% from the same period last year, well above the consensus call for 11% growth. Sales skewed toward higher-end models over the holiday quarter, the firm noted, which should mean higher-than-expected average sales prices. Analysts at Citi agree that a surge in demand for iPhone 17 models carried through the end of the year. The firm expects an earnings beat for the December quarter, driven by the sale of 82 million iPhone units—ahead of consensus. ‎ MacDailyNews Note: The analyst firm kept its Buy rating on Apple stock intact while lowering the price target to $315 from $330, citing concerns that escalating memory prices could pressure margins. As usual, we’ll bring you Apple’s results as soon as they are released, right around 1:30 p.m. PT / 4:30 p.m. ET on Thursday, January 29, 2026 and then follow with live notes from Apple’s conference call at 2:00 p.m. PT / 5:00 p.m. ET. ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. [Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.] The post Apple stock poised for gains ahead of earnings as iPhone sales surge, analysts predict appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2026 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe