Wedbush Reaffirms 'Outperform' Rating on Apple Inc. (AAPL) with $270 PT

Apple Inc. (NASDAQ:AAPL) is included in our list of the 14 Best Warren Buffett Stocks to Invest in.

On August 7, 2025, Apple Inc. (NASDAQ:AAPL) announced an additional $100 billion investment, raising its total domestic commitment to $600 billion over the next four years. This move follows the company’s February pledge of $500 billion and 20,000 new jobs. With this announcement, Apple extends its commitment to support its American Manufacturing Program, expanding U.S. manufacturing and supply chain capacity amid continued tariff tensions.

Furthermore, Apple Inc. (NASDAQ:AAPL) announced the expansion of its partnership with Corning. With this partnership, the company intends to increase smartphone glass production at Corning’s Kentucky plant, increasing domestic component sourcing.

Following these critical developments, Wedbush reaffirmed its ‘Outperform’ rating on Apple Inc. (NASDAQ:AAPL) with a $270 price target.

Apple Inc. (NASDAQ:AAPL) manufactures smartphones, personal computers, tablets, wearables, and accessories. It also sells related software and services globally. It is included in our list of the best Warren Buffett stocks.

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.