AAPL shares are trading higher following record financial results and a $100B buyback announcement, supported by bullish analyst price targets.

  • The stock reached $281.12 in pre-market trading, a 3.6% gain over the April 30 close of $271.35.
  • Analysts from JP Morgan and MarketBeat suggest significant upside potential with price targets ranging between $292.15 and $325.00.
  • The upward movement follows a 1.9% rise in the previous session fueled by strong iPhone growth, outperforming mixed broader market futures.