Apple Just Delivered Its $75 Per Share AI Moment at WWDC.
Wall Street Says the Stock Could Hit $440 by Year-End
Quick Read – Dan Ives puts $75 to $100 per share in AI value on AAPL, while Morgan Stanley sees upside to $440 by year-end. – Apple’s 18-month exclusion from momentum ETFs like MTUM and SPMO ended, adding a positioning catalyst alongside accelerating revenue growth to 17%. – UBS initiated at Neutral with a $296 target as Polymarket traders assign only 2% odds of AAPL reaching $360 by end of June. – Apple’s WWDC keynote on June 8 was billed as the most consequential developer conference in the company’s history. From the CNBC Halftime Report broadcasting live from Cupertino, the message from Wall Street was loud: Apple (NASDAQ:AAPL) just delivered the AI moment investors have been waiting two years for, and the upside scenarios now stretch well past $400. I’ve owned Apple since December 2012, and I’ve watched the company navigate every “Apple is doomed” cycle since.
What happened at WWDC matters because it finally puts a dollar figure on the AI question that has been hanging over the stock. Dan Ives: $75 to $100 Per Share in AI Value Wedbush’s Dan Ives framed the keynote in stark monetization terms on the segment: “They basically ripped the Band-Aid off and now we’re here and it comes down to monetization.” Ives estimated AI could add “$75 to $100 per share” in value and drive an incremental $100 billion on top of Apple’s roughly $100 billion services business. Scale changes the math here.