Bank of America analyst Wamsi Mohan maintained a "Buy" rating and a $380 price target for Apple in a report published on September 8. The price target implies an upside of approximately 20% from the closing price on September 8. The report projects Apple's fiscal year 2026 revenue to reach $477 billion, representing a year-over-year increase of approximately 15%, with earnings per share (EPS) of $8.85, up about 19% year-over-year. Additionally, the report forecasts Apple's fiscal year 2027 EPS at $9.92, surpassing the consensus estimates from Bloomberg and Visible Alpha. The analyst expects Apple to unveil three high-end iPhone models, including its first foldable phone, at its September 9 launch event, and anticipates a price increase of $150 to $200 for the Pro series.