Apple Price Target Upgrades Put Siri and WWDC Back in Focus

Apple price target upgrades put Siri and WWDC back in focus

CNBC’s MacKenzie Sigalos reports on fresh price target hikes from Melius and Bank of America, with analysts arguing that a Gemini-powered Siri could make Apple’s assistant more useful across the iPhone ecosystem, revive developer excitement and strengthen Apple’s position in the shift toward agentic AI.

Bank of America ups Apple price target to $380

In a notable vote of confidence for Apple amid ongoing questions about its AI pace, Bank of America analyst Wamsi Mohan has significantly boosted his price target on AAPL stock to $380 from $330 while maintaining a Buy rating. The update, issued on May 26, 2026, reflects growing optimism that Apple's tightly integrated ecosystem positions it uniquely well for the emerging "agentic AI" era. Apple shares have climbed more than 50% over the past 12…

Why BofA Securities raised its Apple price target $50 to $380

From a note to BofA clients that landed on my desktop Tuesday.

Bank of America resets Apple stock price target on AI update

Apple has spent much of 2026 defending itself. Tariff concerns. Questions about AI pace. A market that has rewarded louder AI stories more generously. The stock has still gained over 50% in the past 12 months, but the narrative has…

Bank of America Lifts Apple (AAPL) Price Target to $380 on AI Revolution Expectations

Key Takeaways Bank of America’s Wamsi Mohan increased his Apple price target from $330 to $380 while reaffirming his Buy recommendation The revised target suggests potential gains of 33% from present trading levels BofA contends that Apple’s integrated smartphone platform positions it uniquely for the agentic AI revolution A reimagined Siri with capabilities spanning search, transactions, and task management could generate $15B-$65B in incremen…

Wall Street predicts Apple stock price for next 12 months

After missing out on the initial stages of the artificial intelligence (AI) boom, Apple (NASDAQ: AAPL) is, in 2026, especially well-positioned to benefit from ‘an agentic world,’ per the Bank of America (NYSE: BAC) analyst Wamsi Mohan. Indeed, according to the Wall Street expert’s note issued on Tuesday, May 26, the blue-chip technology giant’s dominance in the smartphone industry and control over much of the supporting infrastructure, paired wi…