# Apple Shares Set Intraday Record at $352 as Analysts Shift Targets By John Kim Canonical URL: https://www.tokenpost.com/news/business/49260 Published: 2026-11-05T12:11:58.000Z Updated: 2026-11-05T12:11:58.000Z Section: Business > Apple topped its prior $351.74 high on Nov. 4. Bernstein raised its target to $380, while JPMorgan lowered its target to $355. Apple shares reached a record intraday price of $352.22 Wednesday, Nov. 4, topping the prior high of $351.74 amid revised analyst price targets and rising memory costs. Bernstein raised its price target to $380 from $370, while JPMorgan lowered its target to $355. Evercore ISI kept its $380 target, and Wedbush held at $400. Apple’s fiscal fourth-quarter revenue rose 12% to $114.5 billion, with earnings of $2.10 a share. iPhone sales and services revenue set September-quarter records, while Mac sales grew 24%. Manufacturing purchase commitments rose $33 billion to $89.7 billion during the quarter. Apple expects December-quarter revenue growth of 7% to 10% and gross margin of 45% to 46%, below 47.9% in the prior quarter. Read more about Apple’s [December-quarter margin outlook](). ## Links in this article - [December-quarter margin outlook](https://www.tokenpost.com/news/business/47588)