​

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 $228.43, with a high of $250.00 and a low of $209.00. This represents a -1.25% decline from the last price of $231.33.

$160 $178 $196 $214 $232 $250 High: $250 Avg: $228.43 Low: $209 Last Closed Price: $231.33

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%), 37 Buy (69.81%), 15 Hold (28.30%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 53 15 37 1 Strong Sell Sell Hold Buy Strong Buy

AMAT Price Target Upside V Benchmarks

TypeNameUpside
StockApplied Materials-1.25%
SectorTechnology Stocks 13.02%
IdeaSemiconductor Stocks List 10.78%
IdeaArtificial Intelligence Stocks List12.25%

Price Target Trends

1M3M12M
# Anlaysts5819
Avg Price Target$234.00$219.25$210.58
Last Closing Price$231.33$231.33$231.33
Upside/Downside1.15%-5.22%-8.97%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 2532014--37
Sep, 2532113--37
Aug, 2542113--38
Jul, 2552112--38
Jun, 25621101-38
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 20, 2025Tom O'MalleyBarclays$250.00$224.9911.12%8.07%
Oct 16, 2025Vijay RakeshMizuho Securities$215.00$227.58-5.53%-7.06%
Oct 13, 2025Stifel Nicolaus$215.00$209.952.41%-7.06%
Oct 10, 2025Steve BargerKeyBanc$240.00$220.308.94%3.75%
Oct 08, 2025Wells Fargo$250.00$211.5618.17%8.07%
Sep 22, 2025Shane BrettMorgan Stanley$209.00$190.109.94%-9.65%
Aug 15, 2025Brian ChinStifel Nicolaus$180.00$166.358.21%-22.19%
Aug 13, 2025Brian ChinStifel Nicolaus$195.00$190.392.42%-15.70%
Jul 28, 2025Tom O'MalleyBarclays$170.00$185.69-8.45%-26.51%
Jun 24, 2025Cantor Fitzgerald$220.00$180.1822.10%-4.90%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 10, 2025B. RileyBuyBuyhold
Oct 08, 2025Wells FargoOverweightOverweighthold
Sep 23, 2025KeyBancOverweightOverweighthold
Sep 22, 2025Morgan StanleyUnderweightOverweightupgrade
Aug 14, 2025Summit Insights GroupBuyHolddowngrade
Aug 04, 2025UBSNeutralNeutralhold
Jun 24, 2025Cantor FitzgeraldOverweightOverweighthold
May 16, 2025Morgan StanleyUnderweightUnderweighthold
May 16, 2025Wells FargoMixedMixedhold
May 16, 2025CitigroupBuyBuyhold

Financial Forecast

EPS Forecast

$3 $5 $7 $9 $11 $13 $14 Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported$3.95$6.47$7.49$8.16$8.68----
Avg Forecast$4.10$6.86$6.29$7.92$8.54$9.33$10.30$10.97$12.65
High Forecast$4.36$7.29$7.55$7.93$8.56$9.98$11.85$11.88$13.77
Low Forecast$3.96$6.63$5.03$7.75$8.50$8.66$8.71$9.05$11.33
Surprise %-3.66%-5.69%19.08%3.03%1.64%----

Revenue Forecast

$15B $20B $25B $30B $35B $40B Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported$17.20B$23.06B$25.79B$26.52B$27.18B----
Avg Forecast$17.10B$23.31B$23.27B$26.32B$27.13B$29.13B$31.29B$32.85B$35.81B
High Forecast$17.92B$24.43B$27.93B$26.35B$27.16B$30.41B$34.13B$33.01B$38.24B
Low Forecast$16.65B$22.70B$18.62B$26.30B$27.12B$27.86B$27.92B$32.70B$32.92B
Surprise %0.61%-1.07%10.78%0.75%0.18%----

Net Income Forecast

$3B $4B $6B $8B $10B $12B Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported$3.62B$5.89B$6.53B$6.86B$7.18B----
Avg Forecast$3.44B$5.80B$5.59B$6.44B$7.11B$7.56B$8.39B$8.96B$10.55B
High Forecast$4.12B$6.16B$6.71B$7.73B$7.14B$8.32B$9.88B$9.91B$11.49B
Low Forecast$2.75B$5.60B$4.47B$5.15B$7.09B$7.22B$7.26B$7.55B$9.45B
Surprise %5.31%1.52%16.67%6.41%0.91%----

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, 37 Buy, 15 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 $228.43 over the next 12 months. The price target range spans from $209 at the low end to $250 at the high end, suggesting a potential -1.25% change from the previous closing price of $231.33.

How does Applied Materials stock forecast compare to its benchmarks?

Applied Materials's stock forecast shows a -1.25% downside, underperforming the average forecast for the technology stocks sector (13.02%), trailing the Semiconductor Stocks List (10.78%) and Artificial Intelligence Stocks List (12.25%) investment ideas.

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

  • October 2025: 8.11% Strong Buy, 54.05% Buy, 37.84% Hold, 0% Sell, 0% Strong Sell.
  • September 2025: 8.11% Strong Buy, 56.76% Buy, 35.14% Hold, 0% Sell, 0% Strong Sell.
  • August 2025: 10.53% Strong Buy, 55.26% Buy, 34.21% Hold, 0% 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 2025 is $9.33, marking a 7.49% increase from the reported $8.68 in 2024. Estimates for the following years are $10.3 in 2026, $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 2025 is $29.13B, reflecting a 7.17% increase from the reported $27.18B in 2024. The forecast for 2026 is $31.29B, followed by $32.85B for 2027, 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 2025 stands at $7.56B, representing an 5.30% increase from the reported $7.18B in 2024. Projections indicate $8.39B in 2026, $8.96B in 2027, and $10.55B in 2028.