Apple’s Price Target Raised to $325 at Wedbush on AI-Driven Growth

Wedbush analysts increased Apple (NASDAQ:AAPL) price target to $325 from $300, maintaining an Outperform rating, as the tech giant gears up for a transformative period of growth fueled by artificial intelligence. With a multi-year AI-driven iPhone upgrade cycle on the horizon, Apple’s strategic pivot is expected to redefine its growth trajectory.

The foundation of Apple’s AI strategy, branded as Apple Intelligence, is beginning to take shape. This initiative is poised to revolutionize the company’s consumer ecosystem, with hundreds of AI-powered apps under development. These innovations are anticipated to create a new multi-billion-dollar revenue stream within Apple’s Services segment, further enhancing the company’s growth prospects.

In parallel, the introduction of AI enhancements is expected to accelerate iPhone upgrade cycles over the next 12 to 18 months, driving both hardware and services revenue. The analysts predict this combination of innovation and execution will propel Apple toward the $4 trillion market cap milestone, cementing its position as a trailblazer in the technology sector.