Tech giant Apple Inc. (NASDAQ:AAPL) is a favorite among TipRanks’ analysts. Below are the 10 most profitable Apple ratings of 2015 measured over a three-month horizon and no benchmark.

1. The  most profitable Apple rating of 2015 was made by Morgan Stanley analyst Kathyrn Huberty on January 27. At the time, Huberty made the bullish rating after the company released its fiscal first quarter earnings in which it sold 74.5 million iPhones; much higher than analysts’ estimates. Huberty attributed her bullish rating to Apple’s impressive earnings, which beat her “model despite incremental FX headwind and no Watch contribution.” She also pointed to “Apple’s Other Current Assets line, which includes Inventory Component Prepayments [that] increased at above seasonal rates for the second quarter in a row and supports management’s bullish forward looking comments.”

At the time of Huberty’s rating, Apple shares were trading at $109. Three months later, AAPL shares were nearly $129. If you have bought Apple shares when Huberty suggested, you would have made a 22% profit in three months. Huberty has a 68% success rate recommending the technology giant with an average return of +7.7% per AAPL rating when measured over a three-month horizon.

Katheryn Huberty 3 month stats

2. Analyst Brian Blair of Rosenblatt Securities made the second most profitable Apple rating of 2015. On January 15, 2015 the analyst reiterated his Buy rating on the tech giant with a price target of $130. This bullish outlook came shortly before the company released its first fiscal quarter results of 2015. He believed the stock would rise due to expected strong iPhone sales for the quarter as well as for the company’s fiscal Q2. The analyst expected Q1 iPhone sales to reach 72 million and pointed to the year’s “‘supply/demand’ imbalance for iPhone in nearly all of the 100+ markets it launched the iPhone 6” as the reason for his 60 million iPhone unit sales estimate for Q2.

At the time of Blair’s rating, shares of AAPL were trading at about $107. After three months, AAPL shares were trading at about $127. If you had purchased shares of AAPL when Blair suggested, you would have made a 19.1% profit in 3 months.

According to TipRanks’ statistics, out of the 34 analysts who have rated AAPL in the last 3 months, 26 gave a Buy rating while 8 remain on the sidelines. The average 12 month price target for the stock is $150.24, marking a 33% upside from where shares last closed.

AAPL Consensus

3. Analyst Timothy Arcuri of Cowen and Co. made the third most profitable Apple rating of 2015 on January 15, shortly before the company released its fiscal first quarter earnings. Arcuri reiterated an Outperform rating on AAPL keeping his $113 price target. His bullish rating stemmed from “updated field work around product supply,” which caused him to predict production of 52 million iPhones for the March and 68 million for the first quarter. He also provided positive revenue guidance of $55 billion for the March quarter, above Street consensus of $53.3 billion. Lastly, the analyst pointed to the expected added features for the company’s various products, such as “adding a dimension of ‘depth’ to the iPhone screens for the first time.”

At the time of Arcuri’s rating, shares of AAPL were trading at about $107. After three months, AAPL shares were trading at about $127. If you had purchased shares of AAPL when Arcuri suggested, you would have made a 19.1% profit in 3 months. Arcuri has a success rate of 72% when recommending AAPL with an average return of 7.4% per AAPL rating when measured over a three-month horizon.

Timothy Arcuri AAPL 3 month stats

4. Rob Cihra of Sterne Agee made the fourth most profitable Apple rating of 2015 when he recommended buying the stock on January 5 after the Consumer Electronics Show in Las Vegas. Although Apple was not present at CES, its updates stole the show. Cihra’s rating focused on the Apple Watch, writing, “we expect the Apple Watch to prove a meaningful new product.” The analyst believed that the Apple Watch had the potential to create a new product category “with unique competitive advantages and premium positioning that others will find tough to match.” In Apple’s latest earnings report in October, the company attributed its 22% growth to the iPhone, Apple Watch, and App Store. Although it is too early to determine how much of an impact the Apple Watch will have on the company in the long run, Cihra’s timely rating earned an 18.4% return in three months as shares jumped from $106 to $127, approximately.

Cihra has a 92% success rate recommending Apple with a +14% average return per AAPL rating when measured over three months.

Rob Cihra 3 Month Stats

5. Steve Milunovich of UBS made the fifth most profitable Apple rating of 2015 on January 15. The analyst reiterated a Buy rating and $125 price target, commenting on the shift in technology, specifically from IT to consumer. According to Milunovich, consumer technology buying is more important than traditional corporate IT buying. The analyst believed Apple was benefiting from this change. He stated that “selling computers to companies used to be the place to be” due to customer obstacles in switching suppliers and office to home usage. At the same time, consumer technology was plagued by competitive difficulties, substitute products, and “vendor lock-in” challenges due to cloud and open sourcing products. He continued that more recently, “Consumer technology has taken the lead in trends like mobility that are driven bottom up. Consumer markets are now larger.” At the time of his rating, Milunovich believed Apple was well positioned due to its strong customer satisfaction.

At the time of Milunovich’s rating, shares of AAPL were trading at about $106. After three months, AAPL shares were trading at about $127. If you had purchased shares of AAPL when Milunovich suggested, you would have made an 18.4% profit in three months. Milunovich has a 59% success rate recommending Apple with an average return of 1.5% per AAPL rating when measured over three months.

Steven Milunovich Stats 3 months

6. Global Equities analyst Trip Chowdhry made the sixth most profitable Apple rating of 2015 on January 5 in anticipation of the Apple Watch release. The analyst reiterated his Overweight rating and raised his price target to $150 from $142. The analyst expected the product to be a hit for the company, predicting the sale of between 40 and 42 million units in CY2015. He also expressed positive guidance for the company’s June quarter. Chowdhry believed that every iPhone owner had the potential to buy an Apple Watch, predicting it could become the company’s most successful product. Related, he expected the Watch release to boost sales of Apple’s other products.

At the time of Chowdhry’s rating, shares of AAPL were trading at about $106. After three months, AAPL shares were trading at about $127. If you had purchased shares of AAPL when Chowdhry suggested, you would have made an 18.4% profit in three months. Chowdhry has an 82% success rate recommending Apple with an average return of 9.8% per AAPL rating when measured over three months.

Trip Chowdhry 3 months AAPL

7. Analyst Andrew Uerkwitz of Oppenheimer made the seventh most profitable Apple rating of 2015 on January 21. The analyst reiterated his Outperform rating on the stock keeping his $130 price target in anticipation of the tech giant’s fiscal Q1 earnings. The analyst predicted higher than consensus revenues and EPS for the first and second quarter and stated that “consensus estimates [for the March quarter] have underestimated robust iPhone 6 sales and their impact to EPS.” The analyst also commented on the Apple Watch after attending the CES 2015 in Las Vegas, citing a lack of competition in the wearable smartwatch industry. Uerkwitz believed the Watch’s “combination of creative user interface and hardware design [would] pose multiple-year leadership over competition,” with an expected release date in March. Overall, the analyst expressed bullish sentiment on Apple, stating, “We believe the enhanced product portfolio will effectively leverage Apple’s overwhelming ecosystem advantage and help the company to address a wider consumer and enterprise audience.”

At the time of Uerkwitz’s rating, shares of AAPL were trading at $109.55. After three months, AAPL shares were trading at about $127. If you had purchased shares of AAPL when Uerkwitz suggested, you would have made a 17.8% profit in three months. Uerkwitz has a 65% success rate recommending AAPL with an average return of 2.8% per AAPL rating when measured over three months.

Andrew Urkwitz AAPL 3 Month Stats

8. Alex Gauna of JMP Securities made the eighth most profitable Apple rating on January 12, 2015 after attending the CES 2015 conference. The analyst reiterated his Outperform rating and $150 price target on the company, expressing bullish sentiment on the Apple Watch. While attending the conference, the analyst did not see any viable competition from Google’s Android software. He expressed that many of the apps at the conference adhered to Apple’s iOs platform. The analyst also highlighted the company’s iPhone success, stating, “in terms of a single device from a single vendor, it’s Apple.” He further commented, “the accessories, the wearables, and all the home automation that wants to be compatible with iOS….creates a flywheel that begets future success” for the company. Furthermore, Gauna predicted future success for the Apple Watch, specifically for its second release. Gauna was also positive regarding Apple’s position in China, stating that the Chinese New Year in February would enable the company to have a stronger March quarter.

At the time of Gauna’s rating, shares of AAPL were trading at about $110. After three months, AAPL shares were trading at about $127. If you had purchased shares of AAPL when Gauna suggested, you would have made a 16.7% profit in three months. Gauna has a 100% success rate recommending AAPL with an average return of 13.4% per AAPL rating when measured over three months.

Alex Gauna AAPL stats

9. Steven Milunovich of UBS also made the ninth most profitable Apple rating of 2015 on January 12. The analyst reiterated his Buy rating and $125 price target for the stock due to the company’s newly introduced “Health Kit” programing tools for iOS devices and for the Apple Watch. The analyst believed that these tools “[would] provide brand and device differentiation for Apple in coming years though it will take time given hurdles such as FDA approvals.” He also referenced doctor Eri Topols’ article titled “Your Smartphone Will See You Now,” which cites the benefits of smartphone health applications. The doctor stated that he believed more and more patients would purchase wearable devices which use Apple apps to measure their vital signs. Topols also pointed to growth in app development which helps patients perform DIY diagnosis for different health-related issues.

At the time of Milunovich’s rating, shares of AAPL were trading at about $110. After three months, AAPL shares were trading at about $127. If you had purchased shares of AAPL when Milunovich suggested, you would have made a 16.7% profit in three months. Milunovich has a 59% success rate recommending Apple with an average return of 1.5% per AAPL rating when measured over three months.

Steven Milunovich AAPL stats 3 months

10. The tenth most profitable rating of 2015 for Apple was made by Michael Walkley of Canaccord Genuity on January 14, 2015. The analyst maintained a Buy rating on Apple with a price target of $135 following his U.S. smartphone surveys. The survey results indicated high smartphone demand, strong market share for Apple, and a favorable supply/demand ratio. The analyst stated, “With our surveys indicating very strong December quarter holiday sales with continued strong demand in January particularly for the higher-ASP higher memory models, we have increased our December quarter iPhone and overall Apple estimates.” Additionally, the analyst believed the increase in data usage on smartphones “[would] result in an improving mix of higher-end memory SKU’s to drive strong iPhone ASP trends.”

At the time of Walkley’s rating, shares of AAPL were trading at about $110. Three months later, AAPL shares were trading at about $126. If you had purchased shares of AAPL when Walkley suggested, you would have made a 16.7% profit in three months. Walkley has a 61% success rate recommending Apple with an average return of 5.1% per AAPL rating when measured over three months.

Michael Walkely stats 3 months

Note: All analyst photos and statistics in this article are measured over a three-month horizon.
Links to analysts automatically adjust to a one-year time frame.