Apple (NASDAQ:AAPL) is still trying to convince investors it has the required AI chops needed to match its tech giant rivals’ success in the space.
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However, one Street analyst already seems to be fully on board. In fact, such is Tigress Financial analyst Ivan Feinseth’s conviction, he has not only reiterated his Strong Buy rating for AAPL but has also raised his price target to a new Street-high of $305 (up from $300), suggesting the stock will gain 28% over the coming months. (To watch Feinseth’s track record, click here)
“AAPL’s massive ecosystem, accelerating services growth, aggressive AI innovation, and increasing U.S. supply chain investments position it for sustained revenue growth and increasing shareholder value creation,” said Feinseth, who ranks amongst the top 3% of Street stock experts.
Fueled by its vast ecosystem of more than 2.3 billion active devices worldwide, Feinseth believes the tech colossus will “continue to experience long-term growth.” Its scale is supported by steady hardware demand, deep cross-device engagement, and “industry-leading customer loyalty” – evident in record iPhone sales, strong retention, and “seamless platform integration.”
Meanwhile, Apple’s Services segment is accelerating, generating high-margin recurring revenue with quarterly sales hitting new records and paid subscriptions surpassing 1.1 billion.
Feinseth also has no doubts about Apple’s AI endeavors. Its continued investment in artificial intelligence – through on-device integration and Apple Intelligence features across its ecosystem – could become a “significant growth driver and new moat,” helping differentiate its devices and services while enabling more personalized computing, new health tools, and broader opportunities for developers. On-device processing lies at the heart of Apple Intelligence and the company’s broader AI strategy. By using a hybrid foundation model approach linked to hardware upgrades, Apple can roll out new services while ensuring AI features integrate smoothly across its ecosystem.
At the same time, the company is expanding U.S. manufacturing and supply chain investments -projected at $600 billion over the next four years – to limit geopolitical and tariff exposure, secure domestic capacity, and shorten innovation cycles. “The strategic shift emphasizing U.S.-focused manufacturing creates resilience and margin protection,” the 5-star analyst opined on the matter.
Feinseth also points to the recent Awe Dropping event, which marked a major step forward with the launch of the iPhone 17 lineup, the ultra-slim iPhone Air, redesigned AirPods Pro 3, and Apple Watch Series 11—all running on advanced processors, the new Liquid Glass OS, and expanded Apple Intelligence features.
Lastly, Apple boasts an enviable balance sheet. As of June 2025, it held $112.55 billion in excess cash, or $7.55 per share, alongside projected Economic Operating Cash Flow (EBITDAR) of $210.51 billion over the next twelve months. This financial strength will “continue to fund product development and new growth initiatives while returning significant amounts of cash to shareholders.”
So, that’s the Tigress view, but what does the rest of the Street make of Apple’s prospects? 16 other analysts join Feinseth in the bull camp and with an additional 15 Holds and 2 Sells, the stock claims a Moderate Buy consensus rating. The average target clocks in at $246.45, suggesting the stock will gain a modest 3% in the year ahead. (See Apple stock forecast)
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Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.