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Applied Materials (AMAT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

AMAT Stock Forecast

Applied Materials (AMAT) stock forecast, based on 53 Wall Street analysts, predicts a 12-month average price target of $341.44, with a high of $400.00 and a low of $273.00. This represents a 6.88% increase from the last price of $319.46.

$150 $200 $250 $300 $350 $400 High: $400 Avg: $341.44 Low: $273 Last Closed Price: $319.46

AMAT Stock Rating

Applied Materials stock's rating consensus is Buy, based on 53 Wall Street analysts. The breakdown includes 1 Strong Buy (1.89%), 40 Buy (75.47%), 12 Hold (22.64%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 53 12 40 1 Strong Sell Sell Hold Buy Strong Buy

AMAT Price Target Upside V Benchmarks

TypeNameUpside
StockApplied Materials6.88%
SectorTechnology Stocks 25.72%
IdeaSemiconductor Stocks List 18.70%
IdeaArtificial Intelligence Stocks List30.63%

Price Target Trends

1M3M12M
# Anlaysts112538
Avg Price Target$355.00$310.04$275.05
Last Closing Price$319.46$319.46$319.46
Upside/Downside11.13%-2.95%-13.90%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2632015--38
Dec, 25320141-38
Nov, 25320131-37
Oct, 2532014--37
Sep, 2532113--37
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 23, 2026Melissa WeathersDeutsche Bank$390.00$318.7922.34%22.08%
Jan 20, 2026Charles ShiNeedham$390.00$327.0119.26%22.08%
Jan 16, 2026KeyBanc$380.00$319.0819.09%18.95%
Jan 15, 2026Wells Fargo$350.00$326.317.26%9.56%
Jan 15, 2026Tom O'MalleyBarclays$360.00$301.8919.25%12.69%
Jan 14, 2026RBC Capital$385.00$301.8927.53%20.52%
Jan 14, 2026Brian ChinStifel Nicolaus$340.00$304.8711.52%6.43%
Jan 12, 2026Bernstein$325.00$307.445.71%1.73%
Jan 11, 2026Susquehanna$400.00$301.1832.81%25.21%
Jan 09, 2026James SchneiderGoldman Sachs$310.00$281.6410.07%-2.96%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 23, 2026Deutsche BankHoldBuyupgrade
Jan 20, 2026NeedhamStrong BuyStrong Buyhold
Jan 16, 2026KeyBancOverweightOverweighthold
Jan 15, 2026B. RileyBuyBuyhold
Jan 15, 2026Wells FargoOverweightOverweighthold
Jan 15, 2026BarclaysEqual-WeightOverweightupgrade
Jan 14, 2026RBC CapitalOutperforminitialise
Jan 12, 2026BernsteinMarket PerformMarket Performhold
Jan 11, 2026SusquehannaNeutralPositiveupgrade
Jan 09, 2026Goldman SachsBuyBuyhold

Financial Forecast

EPS Forecast

$5 $6 $7 $8 $9 $10 $11 $12 $13 $14 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported$6.47$7.49$8.16$8.68$8.71---
Avg Forecast$6.86$6.29$7.92$8.54$9.33$10.30$10.97$12.65
High Forecast$7.29$7.55$7.93$8.56$9.98$11.85$11.88$13.77
Low Forecast$6.63$5.03$7.75$8.50$8.66$8.71$9.05$11.33
Surprise %-5.69%19.08%3.03%1.64%-6.65%---

Revenue Forecast

$15B $20B $25B $30B $35B $40B Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported$23.06B$25.79B$26.52B$27.18B$28.37B---
Avg Forecast$23.31B$23.27B$26.32B$27.13B$29.13B$31.29B$32.85B$35.81B
High Forecast$24.43B$27.93B$26.35B$27.16B$30.41B$34.13B$33.01B$38.24B
Low Forecast$22.70B$18.62B$26.30B$27.12B$27.86B$27.92B$32.70B$32.92B
Surprise %-1.07%10.78%0.75%0.18%-2.60%---

Net Income Forecast

$4B $6B $7B $9B $10B $12B Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported$5.89B$6.53B$6.86B$7.18B$7.00B---
Avg Forecast$5.80B$5.59B$6.44B$7.11B$7.56B$8.39B$8.96B$10.55B
High Forecast$6.16B$6.71B$7.73B$7.14B$8.32B$9.88B$9.91B$11.49B
Low Forecast$5.60B$4.47B$5.15B$7.09B$7.22B$7.26B$7.55B$9.45B
Surprise %1.52%16.67%6.41%0.91%-7.40%---

AMAT Forecast FAQ

Is Applied Materials stock a buy?

Applied Materials stock has a consensus rating of Buy, based on 53 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 40 Buy, 12 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Applied Materials is a favorable investment for most analysts.

What is Applied Materials's price target?

Applied Materials's price target, set by 53 Wall Street analysts, averages $341.44 over the next 12 months. The price target range spans from $273 at the low end to $400 at the high end, suggesting a potential 6.88% change from the previous closing price of $319.46.

How does Applied Materials stock forecast compare to its benchmarks?

Applied Materials's stock forecast shows a 6.88% upside, underperforming the average forecast for the technology stocks sector (25.72%), trailing the Semiconductor Stocks List (18.70%) and Artificial Intelligence Stocks List (30.63%) investment ideas.

What is the breakdown of analyst ratings for Applied Materials over the past three months?

  • January 2026: 7.89% Strong Buy, 52.63% Buy, 39.47% Hold, 0% Sell, 0% Strong Sell.
  • December 2025: 7.89% Strong Buy, 52.63% Buy, 36.84% Hold, 2.63% Sell, 0% Strong Sell.
  • November 2025: 8.11% Strong Buy, 54.05% Buy, 35.14% Hold, 2.70% Sell, 0% Strong Sell.

What is Applied Materials’s EPS forecast?

Applied Materials's average annual EPS forecast for its fiscal year ending in October 2026 is $10.3, marking a 18.25% increase from the reported $8.71 in 2025. Estimates for the following years are $10.97 in 2027, and $12.65 in 2028.

What is Applied Materials’s revenue forecast?

Applied Materials's average annual revenue forecast for its fiscal year ending in October 2026 is $31.29B, reflecting a 10.32% increase from the reported $28.37B in 2025. The forecast for 2027 is $32.85B, and $35.81B for 2028.

What is Applied Materials’s net income forecast?

Applied Materials's net income forecast for the fiscal year ending in October 2026 stands at $8.39B, representing an 19.93% increase from the reported $7B in 2025. Projections indicate $8.96B in 2027, and $10.55B in 2028.