--- title: "Top Wedbush Analyst Lifts Apple Stock Price Target, Calls AAPL the 'Consumer Hub of AI'" type: "News" locale: "en" url: "https://longbridge.com/en/news/285812435.md" description: "Top Wedbush analyst Daniel Ives raised his price target on Apple (AAPL) to $400 from $350, maintaining an Outperform rating, indicating a 36% upside. The stock rose 2% to close at $293.32, boosting Apple's market value above $4.3 trillion. Ives sees a significant \"AI opportunity\" for Apple, describing it as a \"sleeping tech giant\" ready for a valuation inflection point. He ranks No. 587 among over 12,200 analysts with a 54% success rate and an average return of 14.10% per rating over a year." datetime: "2026-05-09T12:08:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285812435.md) - [en](https://longbridge.com/en/news/285812435.md) - [zh-HK](https://longbridge.com/zh-HK/news/285812435.md) --- # Top Wedbush Analyst Lifts Apple Stock Price Target, Calls AAPL the 'Consumer Hub of AI' Top Wedbush analyst Daniel Ives raised his price target on Apple (AAPL) to a Street-high $400 from $350 while maintaining an Outperform rating, indicating 36% upside from current levels. The stock climbed as much as 2% on Friday to close at $293.32, pushing Apple's market value above $4.3 trillion as investors reacted to what Ives called a massive "AI opportunity." ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The analyst believes Apple is a "sleeping tech giant" poised for a major valuation inflection point as it integrates artificial intelligence across its global ecosystem. Interestingly, Ives ranks No. 587 out of more than 12,200 analysts tracked by TipRanks. He has a success rate of 54%, with an average return per rating of 14.10% over a one-year period. ### Related Stocks - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md) - [AAPY.US](https://longbridge.com/en/quote/AAPY.US.md) - [APLY.US](https://longbridge.com/en/quote/APLY.US.md) ## Related News & Research - [Optas LLC Acquires 4,798 Shares of Apple Inc. $AAPL](https://longbridge.com/en/news/286739348.md) - [Apple's First Retail Stores Opened 25 Years Ago Today](https://longbridge.com/en/news/286938207.md) - [Northern Financial Advisors Inc Sells 11,925 Shares of Apple Inc. $AAPL](https://longbridge.com/en/news/286739325.md) - [Apple Re-Releases a Sold-Out iPhone MagSafe Grip in Three New Colors](https://longbridge.com/en/news/286923866.md) - [Apple reveals WWDC26 schedule: Platform updates, AI Siri, and more expected](https://longbridge.com/en/news/286865742.md)