TD Cowen Apple · AAPL

TD Cowen Raises Apple Price Target to $350

Analyst: Krish Sankar 1 min read Reproduced verbatim
Rating
Buy
Target
$350
from $335 (+4%)
Upside
+3%
AAPL at $338 today
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What the analyst said

TD Cowen analyst Krish Sankar raised the price target on Apple (NASDAQ: AAPL) to $350.00 (from $335.00) while maintaining a Buy rating.

“Thoughts Post WWDC 2026 Keynote: The event was a step in the right direction and builds on last year’s WWDC momentum.

But given the level of optimism into this event, we think the announcement came in a bit shy of expectations.

Based on last year’s deep dive, we would have hoped for full integration between the LLM and 3rd party apps at this year’s event, but it seems this will need time to evolve. PT to $350, ~35x CY27E.

WWDC 2026 demonstrated continued progress in AAPL’s hybrid foundation model architecture, which combines on-device processing with larger-scale reasoning capabilities running through Apple’s Private Cloud Compute.

Today’s developments build on the WWDC 2025 announcements, when Apple opened access to on-device models through the Foundation Models framework.”

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Where the price stands

AAPL trades at $338. 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 +12% (from $302). 12-month window: day 146 of 365, closes on June 9, 2027.

Track record

This callOpen: AAPL has not reached $350 yet. This 12-month target is scored on June 9, 2027.

Firm track recordTD Cowen: 83% of its 35 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

TD Cowen on Apple

TD Cowen price targets on Apple

5 calls from April 21, 2026 to July 31, 2026. The target went from $325 to $400 (+23%). The rating stayed Buy.

TD Cowen targetAAPL share price
  1. July 31, 2026Target raised from $350 (+14%)Buy$400
  2. June 9, 2026 This noteTarget raised from $335 (+4%)Buy$350
  3. May 1, 2026Target raised from $325 (+3%)Buy$335
  4. April 24, 2026Kept the $325 targetBuy$325
  5. April 21, 2026Earliest call shownBuy$325
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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.