Apple Inc. (AAPL · NASDAQ)

Apple shares closed at $340.97, up 1.3% on the day and sitting 0.0% below their 52-week high, after JPMorgan raised its price target to $360 from $340 while maintaining an Overweight rating. The company beat earnings estimates in all four of its most recent quarters, including fiscal Q3 (ended 2026-06-30) EPS of $2.02 versus $1.88 expected, with quarterly revenue of $109.42B and free cash flow of $31.91B. Trailing-twelve-month revenue stands at $466.82B, up 16.4% year over year, with earnings growth of 28.7%, a 48.7% gross margin, and ROE of 148.8%. Valuation remains rich at a P/E of 38.61 and price-to-sales of 10.63 against a market cap of $4.91T, while leverage stays modest at 0.5x debt/EBITDA.