Wedbush Reiterates Outperform Rating on Apple Ahead of Earnings, $350 Price Target
Wedbush analyst Daniel Ives reiterated an Outperform rating and $350.00 price target on Apple (NASDAQ: AAPL).
“Apple will announce its FY1Q26 (December) results this Thursday after the bell, where we expect strong results after this holiday season as the Street continues to underestimate what 2026 is going to bring for Apple, as in our view, this will finally be the time that Cook & Co. dive into the deep end of the pool on its AI strategic roadmap.
We believe 2026 will be a pivotal year for the tech giant as AAPL will look to transition demand from a strong iPhone 17 sales cycle to the iPhone 18 while managing pressure in key markets like China and keeping the ball rolling on its AI initiatives as it looks to get back into the generative AI game.
We maintain our OUTPERFORM rating and our $350 price target while keeping AAPL on the Wedbush Best Ideas List and the IVES AI 30 List.”
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