Latest news with #DavidVogt
Yahoo
4 days ago
- Business
- Yahoo
Apple (AAPL) iPhone Demand Drops in June, UBS Sticks With Neutral Rating
Apple Inc. (NASDAQ:) is one of the On July 22, UBS analyst David Vogt reiterated a 'Neutral' rating on the stock with a $210.00 price target. The firm cited a major drop in iPhone demand during June after two months of strong sales behind the neutral rating affirmation. 'Following two strong well above seasonal months driven by fears of a potential iPhone price increase related to broad based tariffs, we estimate iPhone sell-through in the month of June declined 18% YoY as demand fizzled. Therefore, for the June quarter, we estimate iPhone units came in around 45M or up 3.4% YoY, roughly 1.5M above our prior estimate." Apple is a technology company known for its consumer electronics, software, and services. 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. READ NEXT: and Disclosure: None.
Yahoo
09-07-2025
- Business
- Yahoo
UBS Keeps $210 Target on Apple (AAPL) — China Still Key in Supply Chain
Apple Inc. (NASDAQ:) is one of the . On July 3, UBS analyst David Vogt reiterated a 'Neutral' rating on the stock with a $210.00 price target. 'According to press reports, the US has announced it signed a trade deal with Vietnam. Although Vietnam has been a key region for supply chain investment, the scale and scope of the offerings in the country relative to China is small." Apple is a technology company known for its consumer electronics, particularly the iPhones and MacBooks. 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. READ NEXT: 10 AI Stocks in the Spotlight and Disclosure: None. Sign in to access your portfolio
Business Insider
08-07-2025
- Business
- Business Insider
Apple (AAPL) Receives a Hold from UBS
In a report released today, David Vogt from UBS maintained a Hold rating on Apple, with a price target of $210.00. The company's shares closed yesterday at $209.95. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Vogt is a 4-star analyst with an average return of 9.3% and a 62.67% success rate. Vogt covers the Technology sector, focusing on stocks such as Apple, International Business Machines, and Lumentum Holdings. Apple has an analyst consensus of Moderate Buy, with a price target consensus of $228.29, implying an 8.74% upside from current levels. In a report released on July 2, Jefferies also upgraded the stock to a Hold with a $188.32 price target. The company has a one-year high of $260.10 and a one-year low of $169.21. Currently, Apple has an average volume of 60.37M. Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AAPL in relation to earlier this year. Most recently, in May 2025, Chris Kondo, the CAO of AAPL sold 4,486.00 shares for a total of $933,940.34.
Globe and Mail
27-06-2025
- Business
- Globe and Mail
Apple (AAPL) Receives a Hold from UBS
UBS analyst David Vogt maintained a Hold rating on Apple (AAPL – Research Report) today and set a price target of $210.00. The company's shares closed yesterday at $201.56. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Vogt is a 4-star analyst with an average return of 9.1% and a 60.81% success rate. Vogt covers the Technology sector, focusing on stocks such as Apple, International Business Machines, and TD SYNNEX Corporation. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $226.94 average price target, representing a 12.59% upside. In a report released on June 13, Phillip Securities also maintained a Hold rating on the stock with a $200.00 price target. See today's best-performing stocks on TipRanks >> The company has a one-year high of $260.10 and a one-year low of $169.21. Currently, Apple has an average volume of 61.77M. Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AAPL in relation to earlier this year. Last month, Chris Kondo, the CAO of AAPL sold 4,486.00 shares for a total of $933,940.34.
Mint
10-06-2025
- Business
- Mint
Apple fails to clear a low bar on AI
Apple faced low expectations coming into its Worldwide Developers Conference this year. That it still failed to meet them says a lot about where the company is with artificial intelligence. The company wrapped the opening keynote of its annual developers' conference on Monday with no major surprises about its AI efforts. A program to allow developers to access its 'foundation models" was widely expected and could—over time—result in AI apps that work more easily on Apple's devices. But the bulk of the event was focused on updates to Apple's existing operating systems for its devices. This includes a design enhancement for the look of its software called 'liquid glass." Apple's share price, down 19% already this year, slipped further on Monday following the keynote. 'Many of the AI features announced were more incremental in our view, and already available through competitor applications," UBS analyst David Vogt wrote in a report following the event. Apple no doubt wanted to avoid the trap it fell into last year, when it introduced its Apple Intelligence service to great hype only to have its later launch and subsequent updates fall short of promises. A big component of that was Siri—Apple's much-maligned digital assistant that was supposed to get a major overhaul with AI capabilities. That overhaul is still a ways out; Apple's software-engineering head, Craig Federighi, said Monday that the company will be sharing more about Siri 'in the coming year." That means an AI-powered Siri might not be hitting the market until late 2026, or two years after the rival Google Assistant got its first major AI overhaul. And Apple is running well behind peers in AI in other ways too, due in large part to a difference in business models. Microsoft, Alphabet's Google, Amazon and Meta Platforms can distribute AI through their massive global networks that were already designed to deliver their core business services. Apple has to distribute AI through its devices, which still account for three-quarters of its annual revenue. The problem there is twofold. One is that so-called on-device AI hasn't yet proved to be a major selling point for products such as PCs and smartphones. The other is that Apple's lack of its own cloud-based AI capabilities leaves the $3 trillion company still in need of powerful allies. The company struck a deal with OpenAI last year to effectively back up its own AI capabilities, and analysts have widely been expecting similar partnerships involving other major AI services, including Google's Gemini. Such partnerships could enhance Apple's AI offerings, especially since the company spends only a fraction of the capital expenditures its peers do on Nvidia chips and other AI infrastructure. But Apple's business model needs AI to be a selling point for its devices. As Craig Moffett of MoffettNathanson said in a recent note, 'an AI-driven upgrade cycle will only happen if the hardware required for AI demands an upgrade." With a cloud-based AI solution, 'the most important plank of the Apple bull case is no more," Moffett wrote. A much-smarter Siri not appearing until sometime next year means the next crop of iPhones is unlikely to get any sort of AI boost. That could leave Apple's investors waiting until fall of 2026 to see if the company can make its mark in what might be the most significant technological development in a generation. Liquid glass won't quench that thirst for long. Write to Dan Gallagher at
