10 AI Stocks Analysts are Tracking Closely

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is one of the 10 AI Stocks Analysts are Tracking Closely. On December 3, Goldman Sachs maintained its Buy rating on the stock with a $320.00 price target. The rating affirmation is driven by an optimistic outlook on broad-based Services growth despite near-term App Store softness.

As per Sensor Tower data, Apple App Store spending for November 2025 grew 6%, decelerating from +9% yoy in October 2025. The slowdown was largely driven by the Games category, Apple’s largest, declining 2% year-over-year.

Geographically, four of Apple’s top 5 geographies decelerated sequentially. These top five markets—the United States, Japan, United Kingdom, and Canada, collectively account for 52% of total App Store spending.

App Store spending growth rates have halved since July 2025, noted the firm, resulting in near-term downside risk and potential disruption from off-app payments.

Even though spending growth rates for App Store in October and November have tracked below Apple’s guidance for F1Q26 Services revenue, the firm anticipates Apple’s Services guidance to be supported by faster growth across other service categories.

“This is consistent with Apple’s F4Q25 Services performance, where Service revenue accelerated to 15% yoy (+13% yoy in F3Q25) despite App Store revenue growth likely decelerating, as growth accelerated across most of Apple’s other Service categories (we estimate that revenue growth accelerated sequentially in F4Q25 for iCloud+, AppleCare+, Apple Music and other subscriptions, and Apple Pay).”*

Apple is a technology company known for its consumer electronics, software, and services.