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Apple's Siri AI and services growth could boost stock 15.77% despite rising memory costs.

Company Fundamentals
27 Oct 2026, 16:00 WIB
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Bullish
Apple's Siri AI and services growth could boost stock 15.77% despite rising memory costs.

Apple reported its ninth consecutive earnings beat with strong revenue growth driven by iPhone, Mac, and services. The new Siri AI is expected to encourage hardware upgrades and increase service subscriptions, supporting a price target of $398.25, a 15.77% upside. However, rising memory costs and supply challenges pose risks to margins and stock performance. Overall, the outlook is positive if Siri AI adoption grows, but margin pressure could limit gains.

Apple shares are trading at USD 342.56 on Pluang as of Oct 27, 2026 20:12 WIB, slightly down by 0.39% in the last day. The stock remains close to its 52-week high of USD 348.22, reflecting steady investor interest. Pluang users show a buying preference with 59% of order activity favoring Apple at this time.

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