Apple Partners with Google on AI, Target Price Set at $330
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 17 2026
0mins
Should l Buy AAPL?
Source: Yahoo Finance
- AI Partnership: Apple has entered into a multi-year AI model partnership with Google, expected to pay around $1 billion annually, aimed at powering the Siri 2.0 upgrade, enhancing user experience and monetization potential.
- Technological Foundation: Apple's foundational models and cloud technology will be based on Google's Gemini models, which have received positive feedback since the launch of Gemini 3.0 last year, expected to provide robust support for Apple's AI strategy.
- Market Expectations: Evercore ISI analyst reiterated an Outperform rating on Apple with a target price of $330, believing this partnership will deliver customized AI experiences and enhance Apple's competitive edge in the market.
- Investor Focus: Analysts suggest investors brace for the upcoming Apple Intelligence 2.0 announcement, expected to feature a more personalized Siri experience, further solidifying Apple's market position in the AI sector.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 287.440
Low
239.00
Averages
306.89
High
350.00
Current: 287.440
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, Wearables, Home and Accessories. Its services include advertising, AppleCare, cloud services, digital content, and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its wearables include smartwatches, wireless headphones, and spatial computers. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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