Analyst predicts Apple stock to hit $4 trillion market cap in AI-driven growth era

Apple Inc. (NASDAQ: AAPL) is riding high after hitting new highs, with Wedbush Securities analyst Dan Ives raising his 12-month price target for the company from $300 to $325, the highest target currently on Wall Street.Calling this a “golden era of growth,” Ives anticipates that Apple’s artificial intelligence (AI) strategy and consumer-driven demand will propel the company toward a $4 trillion market cap by 2025.Apple’s five-day stock price. Source: FinboldAs of the market close on December 26, 2024, Appl ...