Analyst predicts Apple’s victory in AI race, but warns stock is already priced in

Welcome to Extreme Investor Network, where we provide you with the most cutting-edge insights and analysis in the world of investing. Today, we’re diving into the latest developments in Apple’s artificial intelligence strategy and how it could impact the company’s stock price.

Analyst Craig Moffett from MoffettNathanson recently initiated coverage of Apple with a neutral rating and a $211 price target. Moffett believes that much of the anticipated upside from Apple’s AI strategy may already be priced into the stock. While Apple is positioned to dominate the AI race and potentially drive a substantial upgrade cycle with the rollout of “Apple Intelligence,” Moffett suggests that the news is already reflected in the share price, indicating about a 7% downside from Friday’s close.

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At Extreme Investor Network, we believe that understanding the potential impact of AI on Apple’s stock is crucial for investors. The company’s AI strategy could lead to a significant boost in its ultra-high-margin Services business, driven by a paid-for digital assistant in the future. However, Moffett warns of potential regulatory obstacles and geopolitical concerns that could affect the launch and adoption of Apple’s AI technology.

When comparing Apple’s current valuation to past upgrade cycles, Moffett points out that the market may have already priced in a larger iPhone upgrade cycle than seen in previous years. Despite the stock’s impressive performance this year, Moffett emphasizes that the market may not be underestimating the potential impact of AI on Apple’s future growth.

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As we continue to monitor developments in Apple’s AI strategy, stay tuned to Extreme Investor Network for in-depth analysis and expert insights on how these advancements could shape the future of the company and its stock price. Don’t miss out on the latest trends and opportunities in the world of investing – join us today and take your investment game to the next level!

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