Firdous Nazir/NurPhoto via Getty ImagesApple stock is set to rise in 2025 thanks to its AI strategy, according to Wedbush analyst Dan Ives.Ives raised Apple's price target to $325, the highest on Wall Street.Apple's AI features, like ChatGPT integration and a revamped Siri, are expected to boost consumer demand.Apple stock is poised to continue its record run in 2025 as it benefits from the continued rollout of its AI strategy, according to Wedbush analyst Dan Ives.The analyst increased his Apple price target to a Street-high $325 from $300, representing potential upside of 26% from current levels."A golden era of growth for Cupertino is now on the horizon into 2025," Ives said of Apple in a note this week.What's getting Ives so excited is Apple's AI strategy, which includes rolling out "Apple Intelligence" across its product lineup via staggered software updates."Rome wasn't built in a day and neither will Apple's AI strategy but the seeds of that strategy with Apple Intelligence are now forming and will transform the Apple consumer growth narrative over the coming years," Ives said.As Apple's product lineup becomes more AI-capable, it should stimulate consumer demand, according to Ives, who estimates that 300 million iPhones are waiting to be upgraded.Apple's new iPhone iOS 18.2 version was released earlier this month and included new AI features, including ChatGPT integration, the ability to create your own emojis, and an AI-based image generator.The next big software update from Apple is an overhaul to its Siri assistant, which is supposed to make it more conversational.

BING NEWS:
  • Apple stock has 26% upside as its AI strategy unlocks a 'new era' of growth, Wedbush says
    Dan Ives' supply chain checks indicate that consumers like Apple's AI strategy, suggesting that the iPhone 16 cycle could be "a historical one." ...
    12/27/2024 - 3:11 am | View Link
  • Apple Analyst Predicts 25% One-Year Return, Thanks To 'Golden Era' of AI-Driven Growth: Retail Sentiment Lags
    Apple Inc. ($AAPL) has consistently proven to be a resilient investment for shareholders. Despite the subdued response to this year's artificial intelligence (AI)-enabled iPhones, the stock is poised ...
    12/26/2024 - 2:18 pm | View Link
  • Apple Stock Hits All-Time High Thursday as Analyst Sees 'Golden Era of Growth' With AI
    Apple shares closed at an all-time high Thursday after Wedbush analysts raised their price target for the stock, telling clients they expect the iPhone maker could be headed for a "golden era of ...
    12/26/2024 - 8:27 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News