Wedbush Securities has reconfirmed its ‘outperform’ rating and $350 price target for Apple Inc. following a major product launch that introduced new hardware across its iPhone, Mac, and iPad lines. The product blitz, featuring new M5 chips and expanded offerings like the MacBook Neo, is seen by Wedbush as a significant stride in Apple’s AI hardware strategy, materially reducing revenue growth risk. Wedbush projects full-year EPS of $8.50 for fiscal year 2026, rising to $9.27 the subsequent year, with revenues anticipated to reach $461 billion and $481 billion, respectively.
Wedbush maintains $350 Apple target as product blitz reinforces AI hardware push
Wedbush Securities has reconfirmed its ‘outperform’ rating and $350 price target for Apple Inc. following a major product launch that introduced new hardware across its iPhone, Mac, and iPad lines. The product blitz, featuring new M5 chips and expanded offerings like the MacBook Neo, is seen by Wedbush as a significant stride in Apple’s AI hardware strategy, materially reducing revenue growth risk. Wedbush projects full-year EPS of $8.50 for fiscal year 2026, rising to $9.27 the subsequent year, with revenues anticipated to reach $461 billion and $481 billion, respectively.