Apple could see its stock climb to $350 in 2026, driven by a more aggressive push into artificial intelligence, according to Wedbush analyst Daniel Ives. He believes the market is underestimating the company's AI ambitions and views this year as a “prove me year” for the tech giant. Ives outlined four catalysts.

A Google Gemini partnership is expected to anchor Apple’s AI strategy. An upgraded AI Siri may launch by spring, with a subscription service to follow. Stronger iPhone 17 sales and a potential foldable model in the iPhone 18 cycle could boost revenue, especially in China.

Lastly, Tim Cook is likely to remain CEO through 2027, ensuring continuity during Apple’s AI rollout. The company’s global iOS base of 2.4 billion and iPhone fleet of 1.5 billion offer vast monetization potential. Ives expects successful execution could add $100 per share.

Apple’s recent AI hires, including researcher Amar Subramanya, signal serious intent to scale its Apple Intelligence platform.