Analysts downgrade Apple stock due to weak iPhone sales, while Tesla receives a price target increase.

From Investing.com: 2025-01-26 05:00:00

UBS analysts remain optimistic about Nvidia’s prospects in 2025, dismissing concerns as “overblown” and highlighting improvements in Blackwell chipset yields. Nvidia recognizes revenue upon title transfer of compute boards, benefiting from hyperscalers’ working capital. Shipments of Blackwell rack systems are on track, with Hon Hai confirming volume shipments.

Apple stock fell over 4% after Jefferies and Loop Capital downgraded the tech giant, citing weak iPhone sales and AI adoption. Jefferies expects Apple to miss earnings and guidance targets, with muted demand globally. Loop Capital forecasts a material decline in iPhone demand, prompting the downgrade to Hold.

Wedbush raised Tesla’s price target to $550, the highest on Wall Street, citing growing confidence in delivery demand and AI initiatives. Tesla’s AI and autonomous opportunities could reach a $1 trillion market, with FSD penetration driving significant margins. The analysts see Tesla as the most undervalued AI play.

Bank of America sees upside for Salesforce due to Agentforce and improved spending environment. Salesforce trades at a discount to peers and is expected to accelerate revenue growth by the second half of FY26. Agentforce could boost subscription revenue growth by 2 percentage points. Salesforce remains undervalued.

Capital Economics reaffirms bullish outlook for the S&P 500 in 2025 following Trump’s $500 billion AI initiative. SoftBank, OpenAI, Oracle, and MGX are key equity investors in the Stargate JV. Trump’s pro-AI policies and rollback of regulations support AI growth. Capital Economics predicts the index to hit 7,000 by year-end.



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