Apple (NASDAQ:AAPL) closed at $270.01, up 4.06% after reporting record fiscal Q1 2026 revenue. Trading volume was 55% above average. The S&P 500 and Nasdaq Composite rose 0.54% and 0.55%, respectively. Analysts reiterated support for Apple stock, with a price target of $325, implying 20% upside.

Apple expects year-over-year revenue to jump 13-16% in the current quarter, surpassing analyst estimates. Strong growth in China and India contributed to bullish sentiment. Analysts assigned a $325 price target on the stock, implying 20% upside. The Motley Fool recommends joining Stock Advisor for stock tips.

Read more at Nasdaq: Stock Market Today, Feb. 2: Apple Stock Jumps After Record Q1 Revenue Boosts Investor Confidence