- Apple Inc. (AAPL) shares surged to a new all-time high of $260.20 on Monday, marking the stock’s first record of 2025.
- The rally was triggered by an upgrade from Loop Capital, which cited increasingly positive demand trends for the latest iPhones.
- This milestone completes a dramatic turnaround for the tech giant, which has rebounded more than 50% since its low point in April.
- The stock had been a significant underperformer for much of the year before this powerful recovery.
Apple Stock Shatters Records in Stunning Rebound
In a remarkable display of market resilience, Apple Inc. (AAPL) saw its share price climb to its first record high of 2025 on Monday, fueled by a wave of optimism surrounding iPhone demand. The stock rose as much as 3.1% to hit $260.20, surpassing a peak that had remained untouched since December of the previous year. This surge firmly positions the tech behemoth back in Wall Street’s favor after a turbulent start to the year.
Analyst Upgrade Provides a Catalyst
The immediate trigger for Monday’s rally came from Loop Capital, which upgraded Apple’s stock to “buy” from “hold.” The firm became the latest in a series of financial institutions to highlight strong and sustained demand for the company’s flagship product, the iPhone. This vote of confidence signals a broader shift in sentiment, confirming what many long-term investors believed: Apple’s fundamentals remain exceptionally strong.
From Underperformer to Market Leader
The journey to this new record has been anything but smooth. For a large portion of the year, Apple was a notable underperformer among the S&P 500 stocks. At its lowest point in April, the stock had plummeted as much as 31%, causing concern among investors. However, the subsequent months have told a story of a powerful recovery.
A 50% Surge Fueled by iPhone Optimism
Since that April low, the iPhone maker’s shares have soared more than 50%, a rally that culminated in the stock finally turning positive for the year in late September. This momentum carried through into October, leading to Monday’s record-breaking session. The sustained interest in the iPhone 17 Pro and iPhone 17 Pro Max models, as noted in recent store observations, appears to be the primary driver behind this renewed market enthusiasm, demonstrating Apple’s continued dominance in the premium smartphone market.
Image Referance: https://www.bloomberg.com/news/articles/2025-10-20/apple-nears-record-high-as-loop-sees-25-upside-on-iphone-demand