AAPL Stock Slides After WWDC 2026 – Analysts Raise Targets to $350‑$360

AAPL Stock Slides After WWDC 2026

Apple shares slipped ↓ $25 per share this week, closing around $292 after the June 8 keynote that introduced Siri AI.

The AI assistant will not debut on iPhone or iPad in the EU, and a delayed rollout in China is expected, eroding exposure to markets that represent roughly 35% of trailing‑12‑month iPhone shipments Reuters reports.

“Investors appear to be executing a classic buy‑the‑rumor, sell‑the‑news move,” observed TradingKey analysts.

Despite the sell‑off, the analyst community moved upward. TD Cowen lifted its target to ↑ $350 from $335, Maxim Group matched $350, and Morgan Stanley pushed its forecast to $360, all retaining Buy or Overweight ratings.

JPMorgan kept an Overweight stance with a $325 target, Jefferies held at $299.88, Bernstein reaffirmed an Outperform rating with a $350 goal, and UBS stayed Neutral at $296.

Maxim Group also raised its fiscal‑2027 outlook, betting that AI‑enhanced hardware and services will act as a catalyst for revenue growth.

Apple’s second‑quarter results—$111.2 billion in revenue and a record $31 billion in services—remain untouched by the WWDC announcements, setting the stage for the September iPhone event, the first under new CEO John Ternus.