{"id":2507,"date":"2026-01-28T16:42:53","date_gmt":"2026-01-28T16:42:53","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2026\/01\/28\/apple-q1-earnings-preview-wedbush-continues-to-see-aapl-as-top-pick\/"},"modified":"2026-01-28T16:42:53","modified_gmt":"2026-01-28T16:42:53","slug":"apple-q1-earnings-preview-wedbush-continues-to-see-aapl-as-top-pick","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2026\/01\/28\/apple-q1-earnings-preview-wedbush-continues-to-see-aapl-as-top-pick\/","title":{"rendered":"Apple Q1 earnings preview: Wedbush continues to see AAPL as \u2018top pick\u2019"},"content":{"rendered":"
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Wedbush Securities\u2019 senior analyst Dan Ives recommends sticking with Apple (NASDAQ: AAPL) ahead of its Q1 earnings on January 29th<\/sup>.<\/p>\n

The tech titan is broadly expected to post a nearly 11% increase in revenue to $138.47 billion \u2013 its largest year-on-year growth since 2022 \u2013 on the back of strong iPhone 17 demand.<\/p>\n

AAPL\u2019s earnings are seen printing at a record $2.67 on a per-share basis as well in the first quarter. <\/p>\n

Ahead of the release, Apple stock is trading at about twice its price in April of 2025.<\/p>\n

Why Apple stock is worth buying ahead of Q1 earnings<\/h2>\n

Dan Ives believes Apple Inc will \u201cdive into the deep end of the pool\u201d with its artificial intelligence (AI) strategic roadmap in 2026.<\/p>\n

The iPhone maker is expected to announce a formal partnership with Alphabet to integrate Gemini directly into its ecosystem<\/a> this year, which Ives believes will prove a game-changer for its AI roadmap<\/p>\n

Additionally, a major conversational overhaul of Siri codenamed \u201cCampos<\/em>\u201d may roll-out in spring, potentially turning the assistant into a sophisticated chatbot powered by high-end LLMs.<\/p>\n

This, the Wedbush analyst wrote, could further boost demand for the iPhone and lift AAPL stock price over the next 12 months.<\/p>\n

What else could drive AAPL shares higher in 2026<\/h2>\n

Ives remains bullish on Apple shares ahead of Q1 earnings, also because the unit demand for iPhone is being underestimated \u2013 particularly in China, where sales have seen a resurgence<\/a>.<\/p>\n

The multinational may also launch a foldable iPhone later this year to boost average selling prices (ASPs), he told clients in a research note today.<\/p>\n

According to the Wedbush Securities analyst, despite rumors of a transition, Tim Cook will remain the chief executive through at least the end of 2027 to navigate this critical AI transition.<\/p>\n

All in all, he believes AAPL could climb to $350 by the end of 2026 \u2013 indicating potential upside of well over 35% from current levels.<\/p>\n

Where options data suggests Apple Inc is headed next<\/h2>\n

AAPL shares remain attractive as an AI play also because they\u2019re trading at a more \u201ccompelling\u201d price-to-earnings (P\/E) multiple compared to some of the pure-play names like Nvidia.<\/p>\n

At roughly 30x forward earnings, it\u2019s over 30% cheaper to own than NVDA in 2026. <\/p>\n

Despite the recent pullback<\/a>, the iPhone maker remains handily above its 200-day MA, indicating the broader uptrend remains intact.<\/p>\n

What\u2019s also worth mentioning is that options traders believe Apple will push nearly \u201c3.5%\u201d higher to $265 after the earnings release on January 29.<\/p>\n

In fact, longer-term derivatives contracts expiring mid-April suggest the Nasdaq-listed firm could be trading at nearly $280 within the next three months, according to data from Barchart.<\/p>\n

And Wall Street seem to agree with the options traders\u2019 optimism on Apple Inc as well, given the consensus rating on the Cupertino-headquartered company sits at \u201cmoderate buy\u201d at the time of writing.<\/p>\n

The post Apple Q1 earnings preview: Wedbush continues to see AAPL as ‘top pick’<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Wedbush Securities\u2019 senior analyst Dan Ives recommends sticking with Apple (NASDAQ: AAPL) ahead of its Q1 earnings on January 29th.The tech titan is broadly expected to post a nearly 11% increase in revenue to $138.47 billion \u2013 its largest year-on-year growth since 2022 \u2013 on the back of strong iPhone 17 demand.AAPL\u2019s earnings are seen…<\/p>\n","protected":false},"author":1,"featured_media":2508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=2507"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/2508"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=2507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=2507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=2507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}