How Apple Stock Can Hit $300 by September

Morgan Stanley analyst Erik Woodring projects Apple (AAPL.OQ) could reach $300 by September, citing strong revenue upside—particularly iPhone strength—as a counterweight to rising memory costs that may pressure near-term margins. Woodring rates Apple Overweight with a $315 target and expects April 30 earnings and a robust June-quarter guide to reassure investors. Upcoming potential catalysts include an AI-powered Siri announcement at WWDC and a foldable iPhone release, which could drive further upside. Shares recently traded around $272, with Apple’s market cap near $3.997 trillion; $300 a share would lift market cap above its record. Overall the note is bullish for Apple shares but flags margin risk from memory inflation.