Wedbush raises AAPL price target to industry-high $515

Wedbush has raised its AAPL price target to $515 ahead of an expected "iPhone 12" super cycle and Apple hitting a $2 trillion market valuation — and it sees a potential path to $600 per share.

Mike Peterson 5 years ago 2

Wedbush raises AAPL target to $475 after earnings 'performance for the ages'

Investment bank Wedbush is raising its AAPL price target to $475 on Apple's "Picasso-like" June quarter earnings results and the expectation of an "iPhone 12 super cycle."

Mike Peterson 5 years ago 6

Apple Q3 financial results will impress & 'iPhone 12 super cycle' coming, says Wedbush

Ahead of a "big week" for Apple, investment bank Wedbush is expecting the company to report June quarter earnings that exceed Wall Street expectations, with an impressive "iPhone 12" being the firm's "favorite 5G play."

Mike Peterson 5 years ago 3

Apple's 'drumroll begins' for 5G iPhone 12 super-cycle, says analyst

Investment bank Wedbush is predicting that the "iPhone 12" will launch at about the same time that the iPhone X did, and despite coronavirus challenges, 5G will induce a super-cycle for Apple in 2020 and 2021.

Mike Peterson 5 years ago 11

Wedbush bumps AAPL price target to $375 ahead of potential iPhone 'super cycle'

A mix of rock-solid services performance and an expected "iPhone 12" super-cycle have led Wedbush analysts to raise the bank's Apple price target to $375.

Mike Peterson 5 years ago 10

Wedbush raises Apple price target to $350, says Apple is past the 'eye of the storm'

Investment bank Wedbush is raising its Apple price target to $350 on what it describes as a robust performance by the company's services, plus prospects of recovering demand and the highly anticipated "iPhone 12."

Mike Peterson 6 years ago 26

Wedbush trims AAPL estimate to $335, expects 'iPhone 12' to ship late

The "once in a century" coronavirus outbreak is forcing Daniel Ives from Wedbush to tailor estimates for Apple downward, mostly based on iPhone demand deterioration in the short term and an "iPhone 12" release later than expected.

Mike Wuerthele 6 years ago 0

Coronavirus won't stop 5G 'iPhone 12' super cycle or AAPL, says Wedbush

As investors ride the "roller coaster" that is Apple's coronavirus-impacted stock price, Daniel Ives from Wedbush sees a firm core business, and outstanding long-term prospects for Apple and the 5G "iPhone 12."

Mike Wuerthele 6 years ago 4

Wedbush seeing temporary coronavirus challenges, keeping $400 AAPL price target

While the coronavirus is having impacts on the supply chain, Wedbush is holding fast on its $400 Apple stock target price and sees Apple's iPhone growth story continuing later in 2020.

Mike Wuerthele 6 years ago 5

Apple's coronavirus revenue miss seen as short-term hurdle

While industry observers are clearly seeing a short-term financial and business impact from the coronavirus outbreak in China, the first analysts chiming in on the situation don't have long-term concerns surrounding Apple's financial prospects.

Mike Wuerthele 6 years ago 42

Wedbush is AAPL's biggest bull, setting a $400 price target

Wedbush's Daniel Ives is now saying that Apple stock is worth $400 per share — a value that he predicted could happen just a week ago assuming everything went well for Apple.

Mike Wuerthele 6 years ago 5

Wedbush predicts $400 AAPL price on power of 5G 'iPhone 12' supercycle

Following iPhone demand checks internationally, and predictions of an incredible 5G 'iPhone 12' debut, Wedbush has set a $350 per-share price target on Apple stock, but believes that $400 is possible if everything goes right in 2020.

Mike Wuerthele 6 years ago 16

Apple's Tuesday earnings call all about 2019 iPhone demand, analyst says

Ahead of earnings, GBH Insights' Daniel Ives sees 42 million iPhones sold, and no big surprises — but predicts the real story is what Apple forecasts for 2019 demand.

Stephen Silver 7 years ago 15

Wall Street wowed by iPhone X performance, but cools off on expectations of an Apple 'super cycle'

Apple delivered record revenue in its holiday quarter, but went about it in a way different than investors expected, leaving analysts to rethink their so-called "super cycle" predictions for iPhone X unit sales growth. But with the average selling price of new iPhones soaring to unexpected highs, analysts remain bullish on the company's prospects in the months to come.

Neil Hughes 8 years ago 32

Analyst guesswork sets unrealistic expectations for Apple's iPhone in 2018, forgets iPad exists

Prognosticating sales of tech products can be a difficult and thankless job, particularly when the companies selling the products themselves don't announce sales figures. But that doesn't excuse inconsistencies, unrealistic projections, or a lack of critical thinking skills.

Neil Hughes 8 years ago 16

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