Analysts at investment firm Evercore believe that [Apple Intelligence](https://appleinsider.com/inside/apple-intelligence "Apple Intelligence") will be a long-term boon for the company, prompting it to raise its target by $35 to $365.

An improved Siri could pay off for Apple, eventually - Image Credit: Apple

Evercore isn't the first firm to bet on Apple Intelligence's future, as Wedbush recently raised its target price to a [record $400](https://appleinsider.com/articles/26/05/08/wedbush-biggest-bull-on-apple-with-huge-target-price-jump-to-400) on the same expectation. Plus Evercore has remained steadily bullish on Apple, with this latest rise being its fifth since [September 2025](https://appleinsider.com/articles/26/01/09/evercore-raises-its-apple-price-target-to-330-on-iphone-17-demand).

Now in a note to investors seen by *AppleInsider*, Evercore has analysed every aspect of Apple and its potential in more than 100 pages. It's the sixth year that Evercore has done this deep dive, and the headline for 2026 is that investors should be looking longer term on Apple.

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