What the analyst said

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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Where the price stands

AAPL trades at $345. The 16 analysts who set a target in the last 3 months range from $250 to $400, with a median of $358. This $350 target is 2% below the median.

Since the note AAPL has moved +33% (from $258). 12-month window: day 278 of 365, closes on January 28, 2027.

Track record

This callOpen: AAPL has not reached $350 yet. This 12-month target is scored on January 28, 2027.

Firm track recordWedbush: 50% of its 12 targets at least a year old were reached within 12 months. Accuracy ranking →

Wedbush on Apple

Wedbush price targets on Apple

2 calls from January 28, 2026 to May 8, 2026. The target went from $350 to $400 (+14%). The rating stayed Buy.

Wedbush targetAAPL share price
  1. May 8, 2026Target raised from $350 (+14%)Buy$400
  2. January 28, 2026 This noteEarliest call shownBuy$350
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Other analysts on Apple

BernsteinBuy Kept rating and price target Oct 29 $370maintained EvercoreBuy Kept rating and price target Oct 27 $380maintained UBSHold Kept rating and price target Oct 20 $296maintained Loop CapitalHold Downgraded, cut price target −11% Oct 20 $330from $370 KeyBancSell Kept rating and price target Oct 19 $250maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.