What will Apple (AAPL) hit Week of August 31 2026?
Apple shares traded near $317 at the close of August 31 before climbing above $325 in early September 2026, supported by the September 1 leadership transition to new CEO John Ternus and optimism ahead of the September 9 product event. Traders are weighing robust June-quarter results, including 16% revenue growth and record iPhone and services figures, against earlier guidance highlighting supply constraints and 9-11% September-quarter growth expectations. Analyst consensus targets hover near $325-330 with a moderate buy rating, while ongoing regulatory pressures such as the UK app-tracking lawsuit add downside risk. Market-implied odds reflect this balance of momentum from the installed base and AI initiatives versus valuation at roughly 37 times trailing earnings.