Apple stock has 25% upside amid 4 potential catalysts from next week’s iPhone 16 reveal, Goldman Sachs says

• Apple’s iPhone 16 event next week could boost the stock price, Goldman Sachs said.
• Goldman increased its Apple price target to $276, representing potential upside of 25%.
• Apple’s investments in hardware and AI are expected to drive revenue growth in 2025 and 2026, Goldman said.

Apple’s upcoming iPhone 16 event could boost the stock price if any “upside surprises” are announced, according to Goldman Sachs.