What is the analyst consensus rating for AMAT?

The analyst consensus rating for AMAT is "Buy" based on 36 analyst recommendations.

What is the average price target for AMAT?

The average 12-month price target for AMAT is $640.00, representing an upside of 13.7% from the current price of $562.80.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Applied Materials, Inc. (AMAT) Forecast: Analyst Ratings & Targets

Latest AMAT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Jul 13, 2026	Robert Izquierdo	The Motley Fool	Initiates Coverage	Buy	-
Jul 13, 2026	David Dai CFA	Bernstein	Maintains	Buy	$525.00
Jul 12, 2026	Terrordomo80	StockTwits	Initiates Coverage	Sell	-
Jul 10, 2026	Brian Chin	Stifel Nicolaus	Reiterates	Buy	$530.00 → $650.00 +120.00 (22.6%)
Jul 10, 2026	Charles Shi	Needham	Maintains	Buy	$530.00 → $740.00 +210.00 (39.6%)
Jul 9, 2026	Krish Sankar	TD Cowen	Maintains	Buy	$525.00 → $700.00 +175.00 (33.3%)
Jul 8, 2026	Vijay Rakesh	Mizuho	Reiterates	Buy	$540.00 → $650.00 +110.00 (20.4%)
Jul 8, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Jul 7, 2026	Subham Roy	Zacks Equity Research	Initiates Coverage	Buy	-
Jul 6, 2026	Shane Brett CFA	Morgan Stanley	Maintains	Hold	$502.00 → $647.00 +145.00 (28.9%)
Jul 5, 2026	Kashvi Chandgothia	Zacks Equity Research	Initiates Coverage	Buy	-
Jul 2, 2026	PerPlexity Semiconductors	TipRanks - PerPlexity	Reiterates	Buy	$733.00 → $846.00 +113.00 (15.4%)
Jul 2, 2026	Anthropic Semiconductors	TipRanks - Anthropic	Upgrades	Hold	$686.00 → $792.00 +106.00 (15.4%)
Jul 1, 2026	Stacy Rasgon	Bernstein	Maintains	Buy	$525.00
Jun 30, 2026	Mehdi Hosseini	Susquehanna	Maintains	Buy	$575.00 → $900.00 +325.00 (56.5%)
Jun 29, 2026	C J Muse	Cantor Fitzgerald	Maintains	Buy	$650.00 → $850.00 +200.00 (30.8%)
Jun 29, 2026	Steve Barger	KeyBanc	Maintains	Buy	$550.00 → $750.00 +200.00 (36.4%)
Jun 26, 2026	Blayne Curtis	Jefferies	Reiterates	Buy	$510.00 → $770.00 +260.00 (51.0%)
Jun 26, 2026	Vivek Arya	BofA Securities	Initiates Coverage	Buy	$540.00 → $720.00 +180.00 (33.3%)
Jun 26, 2026	Joseph Quatrochi	Wells Fargo	Reiterates	Buy	$715.00 → $740.00 +25.00 (3.5%)
Jun 26, 2026	Craig Ellis	B Riley	Reiterates	Buy	$550.00 → $790.00 +240.00 (43.6%)
Jun 25, 2026	Blayne Curtis	Jefferies	Initiates Coverage	Buy	$510.00 → $770.00 +260.00 (51.0%)
Jun 18, 2026	Vijay Rakesh	Mizuho	Maintains	Buy	$540.00
Jun 17, 2026	Atif Malik	Citi	Maintains	Buy	$550.00 → $710.00 +160.00 (29.1%)
Jun 16, 2026	Atif Malik	Citi	Maintains	Buy	$550.00 → $710.00 +160.00 (29.1%)
Jun 15, 2026	James Schneider	Goldman Sachs	Maintains	Buy	$520.00
Jun 11, 2026	Thomas O'Malley	Barclays	Maintains	Buy	$500.00 → $590.00 +90.00 (18.0%)
Jun 10, 2026	C J Muse	Cantor Fitzgerald	Maintains	Buy	$575.00 → $650.00 +75.00 (13.0%)
Jun 10, 2026	Timothy Arcuri	UBS	Reiterates	Buy	$515.00 → $570.00 +55.00 (10.7%)
Jun 4, 2026	Mark Lipacis	Evercore ISI Group	Maintains	Buy	$515.00
Jun 3, 2026	David Dai CFA	Bernstein	Maintains	Buy	$525.00
Jun 2, 2026	Krish Sankar	TD Cowen	Maintains	Buy	-
May 27, 2026	Vijay Rakesh	Mizuho	Reiterates	Buy	$500.00 → $540.00 +40.00 (8.0%)
May 22, 2026	Joseph Quatrochi	Wells Fargo	Maintains	Buy	$520.00
May 19, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
May 18, 2026	Jim Kelleher	Argus Research	Reiterates	Buy	$420.00 → $500.00 +80.00 (19.1%)
May 18, 2026	Shane Brett CFA	Morgan Stanley	Upgrades	Hold	$502.00
May 15, 2026	Brian Chin	Stifel Nicolaus	Initiates Coverage	Buy	$500.00 → $530.00 +30.00 (6.0%)
May 15, 2026	Christian Schwab	Craig-Hallum	Reiterates	Buy	$530.00
May 15, 2026	Melissa Weathers	Deutsche Bank	Reiterates	Buy	$450.00 → $550.00 +100.00 (22.2%)
May 15, 2026	Steve Barger	KeyBanc	Reiterates	Buy	$450.00 → $550.00 +100.00 (22.2%)
May 15, 2026	Harlan Sur	JP Morgan	Initiates Coverage	Buy	$400.00 → $515.00 +115.00 (28.8%)
May 15, 2026	Chris Caso	Wolfe Research	Maintains	Buy	$500.00 → $550.00 +50.00 (10.0%)
May 15, 2026	Craig Ellis	B Riley	Maintains	Buy	$530.00 → $550.00 +20.00 (3.8%)
May 15, 2026	Charles Shi	Needham	Initiates Coverage	Buy	$530.00
May 14, 2026	Blayne Curtis	Jefferies	Initiates Coverage	Buy	$415.00 → $510.00 +95.00 (22.9%)
May 14, 2026	James Schneider	Goldman Sachs	Maintains	Buy	$390.00 → $520.00 +130.00 (33.3%)
May 14, 2026	Vivek Arya	BofA Securities	Reiterates	Buy	$540.00
May 14, 2026	Srini Pajjuri	RBC Capital	Maintains	Buy	$500.00 → $520.00 +20.00 (4.0%)
May 12, 2026	Ling Lee Keng	DBS	Maintains	Buy	$518.00
May 10, 2026	Jay Goldberg	Seaport Global	Maintains	Buy	$500.00
May 8, 2026	Adithya Metuku	HSBC	Initiates	Buy	$517.00
Apr 27, 2026	Stephan Lingnau	Erste	Downgrades	Buy	-

Robert Izquierdo

The Motley Fool

BuyInitiates Coverage

Jul 13

David Dai CFA

Bernstein

BuyMaintains

$525.00

Jul 13

Terrordomo80

StockTwits

SellInitiates Coverage

Jul 12

Brian Chin

Stifel Nicolaus

BuyReiterates

$530.00 → $650.00

Jul 10

Charles Shi

Needham

BuyMaintains

$530.00 → $740.00

Jul 10

Krish Sankar

TD Cowen

BuyMaintains

$525.00 → $700.00

Jul 9

Vijay Rakesh

Mizuho

BuyReiterates

$540.00 → $650.00

Jul 8

Zacks Equity Research

BuyInitiates Coverage

Jul 8

Subham Roy

Zacks Equity Research

BuyInitiates Coverage

Jul 7

Shane Brett CFA

Morgan Stanley

HoldMaintains

$502.00 → $647.00

Jul 6

Kashvi Chandgothia

Zacks Equity Research

BuyInitiates Coverage

Jul 5

PerPlexity Semiconductors

TipRanks - PerPlexity

BuyReiterates

$733.00 → $846.00

Jul 2

Anthropic Semiconductors

TipRanks - Anthropic

HoldUpgrades

$686.00 → $792.00

Jul 2

Stacy Rasgon

Bernstein

BuyMaintains

$525.00

Jul 1

Mehdi Hosseini

Susquehanna

BuyMaintains

$575.00 → $900.00

Jun 30

C J Muse

Cantor Fitzgerald

BuyMaintains

$650.00 → $850.00

Jun 29

Steve Barger

KeyBanc

BuyMaintains

$550.00 → $750.00

Jun 29

Blayne Curtis

Jefferies

BuyReiterates

$510.00 → $770.00

Jun 26

Vivek Arya

BofA Securities

BuyInitiates Coverage

$540.00 → $720.00

Jun 26

Joseph Quatrochi

Wells Fargo

BuyReiterates

$715.00 → $740.00

Jun 26

Craig Ellis

B Riley

BuyReiterates

$550.00 → $790.00

Jun 26

Blayne Curtis

Jefferies

BuyInitiates Coverage

$510.00 → $770.00

Jun 25

Vijay Rakesh

Mizuho

BuyMaintains

$540.00

Jun 18

Atif Malik

Citi

BuyMaintains

$550.00 → $710.00

Jun 17

Atif Malik

Citi

BuyMaintains

$550.00 → $710.00

Jun 16

James Schneider

Goldman Sachs

BuyMaintains

$520.00

Jun 15

Thomas O'Malley

Barclays

BuyMaintains

$500.00 → $590.00

Jun 11

C J Muse

Cantor Fitzgerald

BuyMaintains

$575.00 → $650.00

Jun 10

Timothy Arcuri

UBS

BuyReiterates

$515.00 → $570.00

Jun 10

Mark Lipacis

Evercore ISI Group

BuyMaintains

$515.00

Jun 4

David Dai CFA

Bernstein

BuyMaintains

$525.00

Jun 3

Krish Sankar

TD Cowen

BuyMaintains

Jun 2

Vijay Rakesh

Mizuho

BuyReiterates

$500.00 → $540.00

May 27

Joseph Quatrochi

Wells Fargo

BuyMaintains

$520.00

May 22

Zacks Equity Research

BuyInitiates Coverage

May 19

Jim Kelleher

Argus Research

BuyReiterates

$420.00 → $500.00

May 18

Shane Brett CFA

Morgan Stanley

HoldUpgrades

$502.00

May 18

Brian Chin

Stifel Nicolaus

BuyInitiates Coverage

$500.00 → $530.00

May 15

Christian Schwab

Craig-Hallum

BuyReiterates

$530.00

May 15

Melissa Weathers

Deutsche Bank

BuyReiterates

$450.00 → $550.00

May 15

Steve Barger

KeyBanc

BuyReiterates

$450.00 → $550.00

May 15

Harlan Sur

JP Morgan

BuyInitiates Coverage

$400.00 → $515.00

May 15

Chris Caso

Wolfe Research

BuyMaintains

$500.00 → $550.00

May 15

Craig Ellis

B Riley

BuyMaintains

$530.00 → $550.00

May 15

Charles Shi

Needham

BuyInitiates Coverage

$530.00

May 15

Blayne Curtis

Jefferies

BuyInitiates Coverage

$415.00 → $510.00

May 14

James Schneider

Goldman Sachs

BuyMaintains

$390.00 → $520.00

May 14

Vivek Arya

BofA Securities

BuyReiterates

$540.00

May 14

Srini Pajjuri

RBC Capital

BuyMaintains

$500.00 → $520.00

May 14

Ling Lee Keng

DBS

BuyMaintains

$518.00

May 12

Jay Goldberg

Seaport Global

BuyMaintains

$500.00

May 10

Adithya Metuku

HSBC

BuyInitiates

$517.00

May 8

Stephan Lingnau

Erste

BuyDowngrades

Apr 27

Applied Materials, Inc. (AMAT) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest AMAT Analyst Ratings & Recommendations

Frequently Asked Questions