From Financial Modeling Prep: 2025-01-21 10:43:00

Loop Capital analysts downgraded Apple (NASDAQ:AAPL) from Buy to Hold, citing reduced iPhone demand in the coming quarters. The price target was lowered to $230 from $275, indicating potential challenges ahead for the tech giant.

The analysis suggests Apple may face headwinds over the next nine months as demand for its current iPhone lineup weakens. Loop Capital’s earlier optimistic outlook has been challenged by projections of declining demand in the near future.

Despite promising long-term growth prospects with future product cycles like the iPhone 17, uncertainty looms over the timing of their impact on Apple’s performance. The downgrade reflects concerns about the company’s performance in the face of projected declining demand for 2.5 quarters.

Investors will be monitoring closely for signs of stabilization or new catalysts to counter the expected slowdown in Apple’s flagship product line. The downgrade highlights the need for Apple to navigate these challenges effectively to maintain investor confidence.



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