Apple Stock ‘Won’t Work’ Until This 1 Thing Happens, According to Analysts

Apple (AAPL) may have wowed Wall Street with its upbeat forecast, but not everyone is convinced the rally can last. After the iPhone maker projected a stronger-than-expected fiscal first quarter, signaling renewed growth and a surge in iPhone 17 Pro demand, shares initially popped before slipping back.

While some analysts, like Citi’s Atif Malik, hailed the results as proof of a powerful upgrade cycle and raised their price targets, Needham’s Laura Martin struck a cautious tone.