Apple's 2026 Revenue Forecast at $461.5 Billion, $8.50 EPS Projected

AI Summary

As Apple Inc. (NASDAQ:AAPL) approaches its 50th anniversary, Wedbush analyst Dan Ives has set a $350 price target for the stock, which is currently trading at $252.89, indicating a potential upside of approximately 38%. The analyst predicts Apple's full-year revenue will increase to $461.5 billion for fiscal 2026, up from $416.2 billion in 2025, with earnings per share projected at $8.50 compared to $7.46 last year. Expectations for the upcoming WWDC include significant AI advancements, particularly an overhaul of Siri, which could play a critical role in the company's product strategy moving forward.