Investment
Features
FeesSafety
Academy
More
Pluang+

Apple shares dip post-earnings despite strong results; analyst sees 31% upside to $400 on AI upgrade cycle.

Analyst Insights
12 Aug 2026
24/7 Wall Street
View Source
Neutral
Apple shares dip post-earnings despite strong results; analyst sees 31% upside to $400 on AI upgrade cycle.

Apple's stock fell 10.3% after its July 30 earnings report, despite beating revenue and EPS estimates, due to concerns over one-time tariff refunds and memory pricing pressures. Analyst Dan Ives of Wedbush Securities remains bullish, projecting a $400 price target driven by a new AI upgrade cycle and strong Services growth. While the consensus price target is $322.82, implying modest upside, Ives highlights Apple's potential from AI-powered Siri enhancements and hardware refreshes. Investors should watch memory cost trends and the evolving AI monetization as key factors for Apple's near-term performance.

More News (AAPL)

Nvidia and Apple each donated $25M to fund Trump’s White House ballroom, signaling political ties amid tech sector challenges.

Nvidia and Apple each donated $25M to fund Trump’s White House ballroom, signaling political ties amid tech sector challenges.

Nvidia and Apple each contributed $25 million to support the construction of a new White House ballroom named after Donald Trump, with funds routed through the Trust for the National Mall. This move highlights both companies' efforts to maintain favo...

Market News
Neutral
1 day ago
Apple's 10-year gain of nearly 12X unlikely to repeat; $10K could grow to $16K by 2031 under base case.

Apple's 10-year gain of nearly 12X unlikely to repeat; $10K could grow to $16K by 2031 under base case.

Apple's stock surged nearly 12 times over the past decade, turning $10,000 into about $127,753. However, due to its massive $5 trillion market cap, future growth is expected to slow. Models project a $10,000 investment today could grow to around $16,...

Company Fundamentals
Bullish
1 day ago
Midterm elections threaten Apple and Alphabet's key profit streams despite record quarters.

Midterm elections threaten Apple and Alphabet's key profit streams despite record quarters.

Apple and Alphabet posted record quarterly earnings driven by strong iPhone sales and Google Cloud growth, respectively. However, the upcoming U.S. midterm elections pose significant political risks, especially if Democrats gain control of Congress, ...

Market News
Neutral
1 day ago
Global smartphone shipments plunge 22%, Apple and Samsung nearly tied at the top amid memory chip shortage.

Global smartphone shipments plunge 22%, Apple and Samsung nearly tied at the top amid memory chip shortage.

Global smartphone shipments fell 22% year-over-year in Q3 2026 due to a severe memory chip shortage driven by AI data center demand. Apple and Samsung remain nearly tied for market leadership, shipping about 57 million units each, while smaller rival...

Market News
Bearish
1 day ago
S&P 500 rallies 22% post-midterms but faces a 17.5% pullback before 2027 rebound

S&P 500 rallies 22% post-midterms but faces a 17.5% pullback before 2027 rebound

The S&P 500 has gained 22% since March lows, reflecting an early post-midterm rally. However, a pullback of about 17.5% is expected, targeting a range of 6,350–6,450 by early 2027 before a recovery. Key risks include ongoing inflation, challenges in ...

Market News
Bearish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App