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Apple emerges as a top AI stock with 22.56% YTD gain, driven by Siri AI and strong services growth.

Market News
14 Sep 2026
24/7 Wall Street
View Source
Bullish
Apple emerges as a top AI stock with 22.56% YTD gain, driven by Siri AI and strong services growth.

Apple's stock has risen 22.56% year-to-date, fueled by advancements in Siri AI, a refreshed M5 chip, and record-breaking Services revenue. The company's Q3 FY2026 earnings showed a 16.4% revenue increase to $109.42 billion, with strong iPhone and Services sales. CEO Tim Cook highlighted excitement about Siri AI and potential monetization through iCloud Plus upgrades. Despite challenges like rising memory costs and regulatory delays, Apple's vast 2.5 billion active device base positions it well to capitalize on AI growth, with a 24/7 Wall St. price target of $364.19 and a buy recommendation at 90% confidence.

Apple shares trade at USD 332.81 on Pluang as of Sep 14, 2026 22:12 WIB, close to their 52-week high of USD 340.08. The stock's 1-day gain is a modest 0.16%, reflecting steady investor interest. Apple's market capitalization stands at $4.85 trillion, underscoring its massive scale in the technology sector.

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