20 Trending AI Stocks on Latest Analyst Ratings and News

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2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 184

Apple Inc. (NASDAQ:AAPL) is a consumer electronics firm. Bank of America recently released an investor note on the company, reiterating a Buy rating on the stock with a price target of $256. In the note, the advisory discussed the several avenues for monetization within the services strategy for Apple, arguing that revenue from downloads of apps using AI on the Apple App Store and the potential for a subscription-based platform for Apple Intelligence itself once Apple AI was further developed had been analyzed and undoubtedly presented a large-scale revenue opportunity for Apple.

Analysts at the bank further noted that Siri integration monetization was one we find the most overlooked and had the potential to become very significant over time. According to the bank, deep Siri integration with apps could drive $3 billion in revenues in 2026 and could approach about $50 billion in a decade for Apple Inc. (NASDAQ:AAPL).

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