Rosenblatt Lifts PT on Apple (AAPL) Stock

Apple Inc. (NASDAQ:AAPL) is one of the Best Stocks to Invest in for the Next 5 Years. On September 10, Rosenblatt analyst Barton Crockett lifted the price target on the company’s stock to $241 from $223, while keeping a “Neutral” rating, as reported by The Fly. As per the analyst, Apple Inc. (NASDAQ:AAPL) announced a solid update to its core iPhone lineup. There are notable improvements in camera capabilities and battery time. Notably, the firm assigned a higher multiple to Apple Inc. (NASDAQ:AAPL)’s shares to reflect increased confidence in its model post the launch event and Google’s antitrust ruling.

In Q3 2025, the company saw quarterly revenue of $94.0 billion, reflecting 10% YoY growth. Apple Inc. (NASDAQ:AAPL)’s installed base of active devices touched a new all-time high throughout all product categories and geographic segments. Apple Inc. (NASDAQ:AAPL) stated that iPhone revenue came in at $44.6 billion, up 13% YoY. This broad-based performance was due to the popularity of the iPhone 16 family, which was up double digits YoY compared to the 15 family.

RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its Q2 2025 investor letter. Here is what the fund said:

“Apple Inc. (NASDAQ:AAPL): AAPL underperformed in Q2 despite reporting solid results. The company posted revenue of $95.4 billion and EPS of $1.65, with growth in both iPhone and Services. However, investor response to Apple’s AI roadmap, unveiled at WWDC in June, was mixed. While Apple introduced several new on-device AI features under its “Apple Intelligence” initiative, the market viewed the rollout as more incremental compared to peers.

Concerns around competitive positioning in generative AI, particularly relative to more aggressive strategies from other tech leaders, contributed to weakness in the stock. Additionally, soft China demand and FX headwinds continued to act as modest overhangs.

We believe Apple’s long-term value proposition remains compelling. Its installed base of over 2 billion active devices provides a foundation for recurring services growth and platform monetization. The company’s AI strategy, though cautious, emphasizes security and device performance, key differentiators that may resonate with consumers over time. With robust free cash flow and continued capital return, we remain confident in Apple’s positioning.”

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.