Dan Ives 'Very Bullish' On Apple In 2026 Despite The 'Elephant In The Room': Analyst Says These 4 Catalysts Could Send Stock To $350 - Apple (NASDAQ:AAPL)

Core Viewpoint - Analyst Dan Ives from Wedbush Securities is optimistic about Apple Inc.'s stock performance, projecting a price target of $350 by 2026, which suggests a potential upside of nearly 35% from current levels [2]. Group 1: Strategic and Financial Goals - A potential partnership with Google's Gemini platform is seen as critical for Apple's AI strategy, with Ives suggesting it will be the exclusive partner [2]. - Ives highlights the importance of a revamped Siri, expected to launch in early 2026, which he describes as Apple's response to competitors like ChatGPT [3]. - The analyst anticipates that iPhone unit sales in 2026 will exceed current market estimates, driven by strong performance in China and the introduction of a foldable phone during the iPhone 18 cycle [3]. Group 2: Leadership and Product Expansion - Speculations regarding CEO Tim Cook's departure are dismissed, with expectations that he will remain in his role at least through the end of 2027, a crucial period for Apple's AI strategy [4]. - Apple is reportedly planning to expand its AI initiatives beyond traditional devices, with upcoming products like AI-powered smart glasses and AirPods expected to launch in 2026 [4]. - The company is also developing AirPods equipped with an infrared camera to enhance features such as spatial recognition and visual interaction [5].