#wedbush

Wedbush analysts led by Daniel Ives raised their target price on Apple to $320 per share from $310 to reflect what they called “increased confidence” in the Apple growth story. The analysts also believe the iPhone 17 launch is “off to a great start” heading into the key holiday December quarter in the US and China and noted the company’s continued strong Services growth. After Thursday’s close,…

Apple is on the cusp of an artificial-intelligence-fueled “golden era of growth,” Wedbush analysts wrote in a note to clients Thursday as they raised their price target on the company to $325. Mackenzie Tatananni for Barron’s: ‎ Analysts surveyed by FactSet have an average price target of $248.14 on Apple shares. “We believe Apple is heading into a multi-year AI-driven iPhone upgrade cycle that…

iPhone 16 Pro and iPhone 16 Pro Max feature a 48MP Fusion camera, a 48MP Ultra Wide camera, and the 5x Telephoto camera, now available on both models. Wedbush analysts believe Apple’s upcoming holiday season will be a “key” period for the company, with the iPhone 16 marking the beginning of its AI-driven growth era. The strong performance of the iPhone 16 is expected to fuel a “renaissance of…

When fully released, Apple Intelligence will combine the power of Apple-built generative models with personal context while taking an extraordinary step forward for privacy. Wedbush analyst Daniel Ives is optimistic about Apple’s future growth, anticipating a “supercycle” of upgrades beginning with the newly released iPhone 16. Ives believes that a significant number of users with older iPhone…

Daniel Ives of Wedbush Securities this week reiterated an Outperform rating on Apple stock and increased his price target to $285 from $275. Fahad Saleem for Insider Monkey: ‎ “Apple Intelligence rollout has already begun with developers who will significantly enhance app capabilities as the company staggers the launch of its new AI feature along with its OpenAI partnership which Apple expects…

Anticipation for Apple’s upcoming iPhone 16 release is reaching a fever pitch, with investment firm Wedbush Securities predicting a record-breaking launch. Their analysis suggests initial shipments could eclipse a staggering 90 million units, signifying a potential double-digit increase over last year’s iPhone 15 launch. Chris Ciaccia for Seeking Alpha: ‎ “We now believe initial iPhone 16…

Wedbush Securities analyst Daniel Ives says that despite the facts that Apple clearly missed GenAI and is in catch-up mode, is having iPhone sales issues in China, has been hit with a U.S. DOJ antitrust lawsuit, and more negatives causing the company and its stock price to struggle for months, there are plenty of reasons to remain bullish on Apple in the near-term.  Ian Krietzberg
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