Analysts Boost Targets After Apple’s Record Q2 Revenue and Buffett Praise
Apple reported record fiscal Q2 2026 revenue and earnings powered by resilient iPhone demand, prompting Wall Street analysts to raise price targets by up to mid-teens percentages. Warren Buffett praised CEO Tim Cook at Berkshire’s annual meeting, reinforcing investor confidence in Apple’s outlook.
1. Record Fiscal Q2 Earnings and Analyst Revisions
In fiscal second quarter 2026, Apple posted record revenue and earnings, driven primarily by resilient sales in its flagship iPhone segment. This performance led Wall Street analysts at multiple firms to raise their price targets by as much as mid-teens percentages, reflecting renewed confidence in Apple’s growth trajectory.
2. Buffett’s Public Praise for CEO Tim Cook
At Berkshire Hathaway’s annual meeting, Warren Buffett spotlighted CEO Tim Cook, inviting him to take a bow and thanking him for Apple’s stellar investment performance. Buffett’s endorsement underscored investor sentiment that Apple can sustain its momentum under Cook’s leadership.