Apple’s recent announcement of a partnership with OpenAI to incorporate artificial intelligence (AI) into its new devices initially received a lukewarm response, causing a slight dip in the stock market. Some speculated that this move was just another attempt by the tech giant to boost its underwhelming 2024 growth, and that investors were losing interest in AI.
However, things quickly turned around on June 11th when Apple’s stock surged past $200, reaching an all-time high of $207.15 by the end of the trading day. Today, after factoring in the extended session, Apple’s price stands at $207.70.
In light of this remarkable performance, Finbold turned to ChatGPT-4o, the advanced AI model from Apple’s partner OpenAI, to determine if AAPL shares could reach $300. ChatGPT-4o analyzed various factors and concluded that while Apple has strong cash reserves, a leading position in the ecosystem, and a history of innovation, it also faces challenges like market saturation and regulatory pressures.
Despite these obstacles, ChatGPT-4o believes it is possible for Apple to reach $300 per share by 2025 or 2026 if the company continues to innovate, expand its services, and navigate the uncertain economic landscape successfully. A broader market recovery would also be necessary for this growth.
When pressed for a specific prediction, ChatGPT-4o suggested that Apple could hit $300 by December 31, 2026, if all positive factors align without any setbacks. This timeline accounts for production cycles, historical performance, and risks associated with such a significant milestone.
In conclusion, while investing in stocks is speculative and comes with risks, ChatGPT-4o’s analysis provides insight into Apple’s potential for growth and reaching the $300 mark in the coming years.
