--- title: "Top Melius Analyst Raises Apple Stock Price Target Ahead of WWDC 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/287921925.md" description: "Melius analyst Ben Reitzes raised Apple's stock price target to $385 ahead of WWDC 2026, where the company is expected to unveil significant AI advancements. Investors are optimistic about Apple's potential in the AI race, particularly with an upgraded Siri and new software features. AAPL stock holds a consensus Moderate Buy rating, with an average price target of $320.83, indicating a potential upside." datetime: "2026-05-28T12:34:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287921925.md) - [en](https://longbridge.com/en/news/287921925.md) - [zh-HK](https://longbridge.com/zh-HK/news/287921925.md) --- # Top Melius Analyst Raises Apple Stock Price Target Ahead of WWDC 2026 Shares of Apple Inc. (AAPL) are drawing strong investor attention ahead of its Worldwide Developers Conference (WWDC), set for June 8–12. Investors expect Apple to showcase a bigger push into AI, and Wall Street analysts are increasingly bullish on AAPL stock ahead of the highly anticipated event. Notably, Melius' four-star-rated analyst Ben Reitzes raised his price target on Apple stock to $385, stating that the company "may be on the brink of some real AI sizzle." ### Memorial Day Sale – Claim 70% Off TipRanks - Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. - Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter For context, WWDC 2026 is Apple's annual developer event scheduled for June 8–12, where the company is expected to unveil new software updates, AI features, and advancements across iPhone, iPad, Mac, and other Apple devices. ## **What Lies Ahead for Apple** Apple's lead in the tech race may depend on what it unveils at WWDC 2026. This includes its AI plans and a possible iPhone upgrade cycle powered by better AI chips. A more personal and smarter Siri 2.0 is expected to be one of the main highlights. WWDC 2026 could be a key event for Apple stock as investors wait for more clarity on whether this is the year Apple starts catching up in the AI race. ## **Melius Research Stays Bullish on AAPL** **Stock** Reitzes said people are becoming more comfortable using voice commands, and Apple could benefit from this shift as technology becomes more voice-driven. Reitzes also said the upgraded Siri could become a standalone tool that many Apple users rely on, even instead of apps like OpenAI's ChatGPT. He described it as an "agent-style interface" that could make the Apple ecosystem more unique and spark fresh excitement among developers. Additionally, he highlighted that no other consumer tech company has both parts of that system under one trusted setup. He added that this advantage will become even clearer—and more valuable—as AI systems get more complex and start acting more independently. Overall, he expects Apple to post about $613 billion in revenue by fiscal 2028. ## **Is Apple Stock a Good Buy?** On TipRanks, AAPL stock has a consensus Moderate Buy rating based on 18 Buys, 10 Holds, and one Sell assigned in the last three months. The average AAPL price target of $320.83 implies a 3.21% upside from current levels. ### Related Stocks - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.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 - [RWQ Financial Management Services Inc. Sells 69,600 Shares of Apple Inc. $AAPL](https://longbridge.com/en/news/288393360.md) - [Tim Cook has never hyped AI. Apple stock is at an all-time high anyway](https://longbridge.com/en/news/287963923.md) - [Apple stock hits record as AI bets grow ahead of WWDC](https://longbridge.com/en/news/287893387.md) - [Apple's WWDC 2026 teaser points to possible Siri redesign: What we know](https://longbridge.com/en/news/288465493.md) - [Apple Shares WWDC26 Wallpaper, Playlist, 'Get Ready' Video, and More](https://longbridge.com/en/news/288304175.md)