High Expectations for Apple's (AAPL) 2026 & Example Options Trade

Core Viewpoint - Analysts are optimistic about Apple's future, particularly regarding its entry into the AI market and strong iPhone sales, leading to increased price targets from major firms [3][4][5][7]. Price Target Adjustments - Wedbush raised Apple's price target to $350 from $320, citing expectations for significant AI advancements by 2026 and strong iPhone 17 sales, especially in China [3][4]. - Evercore ISI increased its price target to $325, focusing on the potential impact of Apple's upcoming AI strategy and the relaunch of Siri 2.0 in early 2026 [7][8]. AI Strategy and Expectations - Wedbush believes that Apple's monetization from AI could add $75 to $100 per share in the coming years, with expectations for a context-aware Siri to be introduced as early as this year [5][6]. - Evercore anticipates a standalone event in March 2026 for the Siri 2.0 announcement, which will leverage Google's Gemini technology for enhanced user interaction and privacy [8][9]. iPhone Sales Performance - Analysts noted that iPhone 17 sales are performing well and are expected to exceed expectations for the December quarter, contributing positively to Apple's overall performance [4][10]. Management Stability - There are indications that Tim Cook will remain as CEO until at least 2027, as he is committed to guiding Apple through its AI transition [6].