Apple Stock Falls as Jefferies Downgrades; JPM Lowers Price Target | Global News Avenue

apple(AAPLJefferies downgraded the stock to “underperform” from “hold” on Monday, and the stock fell on Tuesday iPhone sales slump and weak demand Artificial Intelligence (AI) The new model’s features are expected to result in lower-than-expected quarterly revenue for the tech giant.

Jefferies also lowered its price target on Apple to $200.75 from $211.84 per share.
Apple will announce its first-quarter 2025 results on Thursday, January 30.

“We have lowered our forecast due to weaker iPhone sales and overall “The (consumer electronics) market and our outlook for iPhone 17/18 is downgraded due to slower AI adoption and commercialization,” Jefferies analysts wrote, adding that the brokerage does not expect Apple to achieve its first quarter of 2025. First-quarter revenue guidance of 5% growth. They also said the tech company’s guidance for the March quarter “could also disappoint.”

JP Morgan remains overweight but lowers target price

In addition, JPMorgan Chase (JPMorgan Chase) analysts maintained an overweight rating on Apple on Tuesday but lowered their target price to $260 from $265, citing caution about the company’s prospects.

Among their concerns: a stronger U.S. dollar amid limited interest in Apple products; “flat unit sales” given current AI capabilities; and weak demand in China. They said Apple will continue to lose market share in China because it is “past the peak of its product cycle” and the company’s high-end phones are unable to benefit from local government subsidies for mid- and low-end phones.

apple Shares fell sharply last Thursday The tech giant lost its coveted position as China’s top smartphone seller last year, according to research firm Canalys. Apple’s iPhones in China don’t come with its recently launched artificial intelligence features.

The stock fell about 3.5% to around $222.40 on Tuesday, and is down nearly 12% in 2025.