Two prominent investment banks have significantly raised their price targets for Apple Inc., signaling a potential market revaluation of the tech giant. The consensus driver behind this bullish sentiment is the anticipated financial impact of artificial intelligence across Apple’s product ecosystem in the coming years.
Strategic AI Integration Seen as Key Value Driver
Analysts at Wedbush have lifted their price objective for Apple shares from $320 to $350. While maintaining a “Neutral” rating, the firm’s research highlights a substantial opportunity, estimating that the AI revolution could add
The bank’s confidence stems from the expectation that Apple will successfully embed AI functionalities into its hardware and software lineup, translating into meaningful revenue streams. Wedbush strategists pointed to a potential strategic partnership with Google’s Gemini AI, possibly commencing in early 2026, as a prospective “gamechanger” for the company’s offerings.
iPhone Sales Projections Underpin Growth Forecasts
In a parallel move, CLSA has also upgraded its outlook, increasing its price target from $265 to $330 and reaffirming an “Outperform” rating. CLSA’s analysis forecasts a sales surge for the iPhone, which is projected to directly boost financial performance. The firm anticipates revenue and profit growth of 3% to 5% in fiscal years 2026 and 2027.
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CLSA emphasized that sales of the upcoming iPhone 17 in critical markets, particularly China, are likely to exceed current market expectations.
Leadership Transition Amid Strategic Pivot
This financial optimism coincides with a period of executive transition at Apple. The company has confirmed that Jennifer Newstead will succeed Kate Adams as General Counsel in 2026. Additional changes in senior leadership are on the horizon, including the planned retirement of Vice President Lisa Jackson.
Apple’s current valuation, trading at a price-to-earnings ratio of 37.4 with a market capitalization of approximately $4.12 trillion, indicates that the market has already priced in significant future growth. The focus now shifts to execution; Apple’s AI strategy must deliver tangible results to realize the ambitious share price targets set by analysts.
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