Bernstein sees Apple stock upside from AI monetization ahead of WWDC

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BofA Securities offer a WWDC map on Apple (AAPL), 'Siri to deliver step function improvement'

June 5, 2026 1:00 PM EDT

BofA Securities analyst Wamsi Mohan reiterated a Buy rating and $380.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Apples 2026 WWDC kicks off on June 8th. We recently published a deep dive note on Apples agentic AI moat that details how value accrues across the agentic AI smartphone stack, what Apple needs to be do win in the future of agentic AI, and... More