Apple Shares Rise After Wedbush Reiterates Outperform Rating and Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 17 2026
0mins
Should l Buy AAPL?
Source: Benzinga
- Analyst Rating Reaffirmed: Wedbush analyst Dan Ives reiterated an 'Outperform' rating for Apple with a price target of $350, resulting in a 2.78% increase in Apple shares to $262.96, reflecting market confidence in Apple's future performance.
- AI Strategy Back in Focus: Despite recent market concerns over potential delays in Apple's AI upgrades, Wedbush deemed the sell-off 'unwarranted' and highlighted that Apple is set to release upgraded AI architecture across iOS 26.4, 26.5, and 27 in September, which is expected to significantly enhance user experience.
- AI Monetization Potential: Wedbush estimates that Apple's AI monetization strategy could add $75 to $100 per share over the next few years, indicating that the market continues to underestimate the financial upside of Apple's AI strategy, which may introduce new services and subscription layers.
- Technical Analysis: Apple shares are currently positioned above key resistance levels, indicating bullish momentum, with a neutral RSI suggesting no immediate overbought or oversold conditions, while the MACD above its signal line supports the bullish trend, indicating potential for continued upward movement.
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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: 255.630
Low
239.00
Averages
306.89
High
350.00
Current: 255.630
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, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. 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 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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