TLDR
- Wedbush reiterated its Outperform ranking on AAPL with a $350 impress goal, implying ~38% upside from contemporary phases.
- The firm says 2026 is shaping up as a tall product birth 12 months, with the iPhone Fold expected alongside the iPhone 18 in September.
- WWDC 2026 (June 8–12) is expected to lift Apple’s long-awaited AI plan, including a deeper Gemini integration and a revamped Siri.
- Apple’s final quarter confirmed $2.84 EPS (beat by $0.17) and $143.76B in earnings, up 15.7% 12 months-over-12 months.
- Apple is moreover reportedly opening Siri to exterior AI assistants, including Google’s Gemini and Anthropic’s Claude.
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Apple is drawing fresh consideration from Wall Avenue after Wedbush Securities reiterated its Outperform ranking with a $350 impress goal on Friday — a stage that may represent roughly 38% upside from the put the stock is trading now.
Apple Inc., AAPL
The firm’s analysts speak 2026 is shaping up as a serious product 12 months for the Cupertino firm. They relate rising count on for AI-succesful hardware as essentially the most important driver pushing Apple to refresh its lineup.
On the heart of that refresh is the rumored iPhone Fold. Wedbush says supply chain assessments indicate Apple is in the later phases of growing the tool, which is expected to birth alongside the iPhone 18 in September.
The analysts moreover flagged a imaginable touchscreen MacBook. That is at possibility of be a brand fresh class for Apple, geared in direction of helping developers take a look at and give a enhance to app functionality. It’s one in every of several Mac merchandise rumored to plan later this 12 months.
Apple has already been busy in 2026. The firm introduced the iPhone 17e, a refreshed iPad Air, fresh MacBook Air and MacBook Pro units, Studio Displays, the MacBook Neo, and the AirPods Max 2.
WWDC 2026 Living to Be AI-Heavy
All eyes are truly on Apple’s Worldwide Developers Conference, scheduled for June 8 to June 12, with a keynote kicking off at 1 p.m. EST on June 8.
Wedbush expects Apple to make employ of the match to lay out a transparent AI roadmap — one thing the firm notably did not lift at final 12 months’s WWDC. The analysts characterize 2025’s match as a “yawner,” and speak Apple is below strain to indicate up with substance this time.
That’s expected to embody tiny print on a deeper Gemini integration, with Google powering Apple’s basis AI model. A more succesful Siri — with larger personal context and on-camouflage camouflage consciousness — is moreover on the agenda.
In a separate switch, Apple is reportedly planning to launch Siri to exterior AI assistants, including Gemini and Anthropic’s Claude. That marks a shift faraway from its atypical ChatGPT tie-up and positions the iPhone as a huge AI distribution platform.
Recent Results Abet the Bull Case
Apple’s most contemporary quarter gave analysts masses to work with. The firm posted $2.84 EPS, beating the $2.67 consensus, on earnings of $143.76 billion — up 15.7% 12 months-over-12 months.
Rating margin came in at 27.04%, with a return on equity of 159.94%. Sell-aspect analysts now request $7.28 EPS for the stout fiscal 12 months.
Analyst consensus sits at a Moderate Aquire, with a median impress goal of $297.58. Ratings spoil down as 1 Staunch Aquire, 22 Aquire, 12 Protect, and 1 Sell.
Citigroup has a $315 goal, Morgan Stanley sits at $315 with an Overweight ranking, and Royal Bank of Canada has a $325 goal. Moffett Nathanson carries a Honest with a $270 goal.
Institutional investors retain 67.73% of AAPL. A lot of funds added to positions in Q4, including First National Bank of Hutchinson, which grew its stake by 24.6%, and Brighton Jones, which added 14.8%.
AAPL’s 52-week range runs from $169.21 to $288.62. The stock’s 50-day animated average sits at $260.37, while its 200-day average is $262.40.
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