Thu May 14 2026, 07:28 AM EDT · 1 minute read

An improved Siri could pay off for Apple, eventually - Image Credit: Apple

Analysts at investment firm Evercore believe that Apple Intelligence will be a long-term boon for the company, prompting it to raise its target by $35 to $365.

Evercore isn't the first firm to bet on Apple Intelligence's future, as Wedbush recently raised its target price to a record $400 on the same expectation. Plus Evercore has remained steadily bullish on Apple, with this latest rise being its fifth since September 2025 .

Now in a note to investors seen by AppleInsider , Evercore has analysed every aspect of Apple and its potential in more than 100 pages.…