Is Apple Inc. (NASDAQ:AAPL) gearing up to shatter the billion-dollar mark onto the trillions? Two analysts are making a case for the tech giant’s valuation to outclass expectation in a year that is about to bring the buzzed-about iPhone X, a.k.a. the iPhone 8 to the market.

In one confident corner, top analyst Amit Daryanani at RBC Capital weighs in with a view slanted towards “upside bias,” anticipating that as iPhone average selling prices (ASPs) go up, so will revenues and earnings for the giant. With higher unit sales under belt, the analyst sees a forthcoming golden era ready to hit for Apple investors. As such, the analyst reiterates an Outperform rating on shares of AAPL while boosting the price target from $157 to $168, which represents a just under 9% increase from where the stock is currently trading.

“AAPL has potential to achieve a $1.0 trillion dollar market cap and even surpass that over the next 12–18 months,” opines the analyst, who explains, “We see upside occurring from multiple levers: (1) higher revenue growth through FY18/19 (mid- to high-single-digit) driven by ASP tailwind (blended ASP ~$800) and unit growth; (2) gross margins expanding by 20–30bps (services contribution offset by iphone BOM); (3) operating margins expanding by ~100bps via. SG&A controls; and (4) sustained buyback-driven tailwinds enabling low-teens EPS growth; and (5) repatriation tailwind (not baked into our scenario but could add upside to EPS). In aggregate, we see a scenario where in FY19 AAPL sustains $12+ EPS and, assuming the valuation frameworks remains stable/improves, it should get AAPL stock toward $192–195/sh, which would equate to market cap > $1.0 trillion […]”

Amit Daryanani has a very good TipRanks score with an 85% success rate and an average return of 24.9%. When recommending AAPL, Daryanani earns 35.7% in average profits on the stock.

More stocks covered by top performing analysts can be found here.

Meanwhile, Apple expert and prior Piper Jaffray analyst Gene Munster – now offering insights from his new research-driven, venture capital firm Loup Ventures – has been making a bull case for this tech giant for over a decade now. Today, the analyst believes that the Wall Street crystal ball shows Apple will garner the title of “the world’s first trillion-dollar company.” Is Munster right? “We’ve had ups and downs since then, but now we’re closer than ever,” argues the analyst.

In fact, the analyst takes his prediction one step further, asserting, “We think Apple deserves the largest valuation of any company in history,” happy that “investors are finally giving the company credit” for an empire built on money-making hardware, software, and services that continue to grow.

“More importantly, the iPhone X will be Apple’s first meaningful step into augmented reality, or ‘AR,’ as the new phone will have the ability to map the real world through new cameras and sensors. Google (GOOGL) did this first with its Tango smartphone platform, but Apple will take it mainstream and could have over 100 million AR-enhanced smartphones in the market by this time next year. As we wrote previously, Apple is well positioned to be one of the major winners in AR. Design remains their unique core competency relative to other competitors like Google and Microsoft (MSFT), and they will also have an early-mover advantage in AR-enhanced smartphones through the iPhone X,” underscores the analyst. If Apple holds the keys to future AR dominance, Munster finds the tech giant at a solid advantage moving forward.

Though Munster alerts investors to not be taken aback should shares take a short-term hit ahead of the 10th anniversary edition iPhone launch, as “investors notoriously ‘sell on the news'” and in the grander scheme, the tech giant’s market cap reigns as “king” among the large cap tech verse, with strong standing for years and tech revolutions to come.

TipRanks analytics show AAPL as a Strong Buy. Out of 31 analysts polled by TipRanks in the last 3 months, 27 are bullish on Apple stock while 4 remain sidelined. With a return potential of 6%, the stock’s consensus target price stands at $163.79.