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Apple's stock set for 15.8% rise amid leadership change, strong iPhone demand, and AI rollout.

Analyst Insights
26 Oct 2026, 18:00 WIB
24/7 Wall Street
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Bullish
Apple's stock set for 15.8% rise amid leadership change, strong iPhone demand, and AI rollout.

Apple is entering a critical phase with a leadership transition, supply-constrained iPhone demand, and the rollout of Siri AI. The company reported strong Q3 results with revenue up 16.4% and iPhone revenue up 22%, fueling a 28% rally this year. Analysts see a 15.8% upside to $398.25 over the next 12 months, driven by Apple's large active device base and AI-driven subscription growth. Risks include rising memory costs and delayed AI rollout in some regions. Long-term projections remain positive if current trends hold.

Apple shares trade near their 52-week high at USD 346.91 as of Oct 26, 2026 22:11 WIB, just below the peak of USD 348.22. This places the stock well above its 52-week low of USD 246.54, highlighting strong market confidence despite a slight 0.23% dip on the day. With a market cap of $5.07 trillion and a typical hold time of 145 days on Pluang, Apple remains a dominant player in the technology sector.

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