Apple CEO Tim Cook Reportedly Planning to Step Down in 2026
Longtime Apple CEO Tim Cook is reportedly considering stepping down in 2026, according to media reports. The Financial Times first broke the news, suggesting Cook's departure could mark the end of an era for the tech giant. Apple's senior vice president of hardware engineering, John Ternus, has emerged as a potential successor.
Wall Street maintains a Moderate Buy rating on AAPL stock, with 21 Buy, 12 Hold, and two Sell recommendations issued over the past three months. The average price target of $291.14 implies an 8.64% upside from current levels.