Apple’s stock recently hit a record high of $317 before experiencing a 3.64% drop following a major AI announcement at WWDC 2026. Despite this sell-off, analysts remain optimistic, with price targets ranging from $311 to $400. Dan Ives of Wedbush holds the highest target at $400, citing a $15 billion annual AI services opportunity. Other firms like Morgan Stanley and Bank of America have also raised their targets, driven by Apple’s AI roadmap. Long-term predictions for 2030 range from $287 to over $520, depending on AI revenue growth. The stock’s current trading price suggests a modest upside, but the debate continues over the magnitude of future gains. Apple’s AI strategy and upcoming product launches, including the iPhone 18, will be crucial in determining whether these bullish forecasts materialize.
Can Apple reach $400 following the WWDC sell-off?
