Cupertino, 17 July 2026 – HSBC has upgraded Apple to Buy from Hold and raised its price target sharply to US$366 from US$260, citing the technology group’s emerging agentic artificial intelligence capabilities and an increasingly strong hardware launch pipeline.
The new target implies approximately 12% upside and reflects HSBC’s view that Apple has reached an operational turning point after previously appearing behind several major technology rivals in generative AI.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
