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Apple Rallies on Capex-Light AI Advantage as Analysts Target 17% Upside

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Apple earns a Buy rating with a $361.66 price target, highlighted by strong capital efficiency and minimal AI capex relative to peers like Microsoft and Alphabet.
  • Robust iPhone sales, record Services revenue, and a $30 billion Broadcom silicon partnership reinforce strong upside potential.
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AAPL price history

330.23 +19.30% over the displayed period

Advisor Snapshot

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