Wedbush analyst Dan Ives set a bullish $350 price target for Apple shares. This target suggests a potential 35% increase from the stock’s last closing price. Ives bases his optimism on strong iPhone momentum and significant upcoming updates in artificial intelligence.
Ives specifically anticipates a partnership with Google. This collaboration would enhance Apple Intelligence and the company’s Siri assistant.
The forecast arrives amid ongoing speculation regarding a CEO transition. Ives expects Tim Cook to remain at the helm until the end of 2027. Cook would oversee the company's critical AI strategy during this period.
Ives’s commentary contributed to a spike in positive investor sentiment. Platforms like Stocktwits currently show 'extremely bullish' readings for AAPL. This sentiment contrasts with the stock’s recent muted performance: it gained 8.5% in 2025 but declined at the start of 2026.