While iPhone 17 successes will drive Apple’s fourth quarter, investment firm Wedbush says that the right AI plan and partnerships will make Apple stock even more compelling in the future.
iPhone 17 [left] vs iPhone 17 Pro [right]
iPhone 17 [left] vs iPhone 17 Pro [right]
The unexpectedly high demand for the iPhone 17 range prompted Wedbush to raise its Apple target price to $310 in September 2025. Now in a new note to investors seen by AppleInsider, the company is sticking with that price target, and adds the prediction that AI will yet add greatly to the stock in the next few years.
Specifically, Wedbush expects that Apple will readily beat market expectations when it announces its Q4 earnings on October 30. Analysts from the investment firm say that they are seeing evidence of stronger demand than the market’s consensus, particularly in the US and China.