Apple’s AI Ambitions Drive Bullish Analyst Targets
Wedbush's Daniel Ives projects Apple shares could reach $350 by 2026, citing the company's 'invisible AI strategy' as a key growth driver. The 28% upside potential comes as iPhone 17 sales outperform expectations, particularly in China—a market regaining momentum after recent challenges.
Morgan Stanley echoes the optimism, raising its price target to $315 from $305. Both firms highlight Apple's planned partnership with Google Gemini in early 2026 as a potential $75-$100 per share value creator. 'This isn't just about hardware anymore,' notes one analyst, 'Apple's AI monetization pipeline is becoming institutional-grade.'
CEO Tim Cook's expected tenure through 2027 provides continuity for the AI transition, with new machine learning lead Amar Subramanya positioned to execute Cook's vision. The stock's current $273 price reflects a 5% dip from December highs, presenting what Wedbush calls 'a golden buying opportunity.'
