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Applied Materials, Inc.

AMATNASDAQTechnologySemiconductor Equipment & Materials

$375.58Today:- (-)1Y +64.39%

As of Oct 22, 2026 close

Market cap
$300.46B
P/E (TTM)
32.42
Forward P/E
23.87
Dividend yield
0.53%
52-week range
$203.40$739.67
Volume (live)
-
Avg. volume (3M)
6.88M

Applied Materials, Inc. (AMAT) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Applied Materials, Inc. stock.

Analyst Consensus Rating

Investment consensus from 37 professional research analysts

Consensus Rating

Buy
Based on 37 unique analysts
(55 total ratings in last 90 days)
Very High Confidence33.0:1 Buy/Sell

Average Price Target

$662.43
+76.38% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest AMAT Analyst Ratings & Recommendations

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

Charles Shi
Needham
BuyMaintains
$740.00 → $560.00
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
James Schneider
Goldman Sachs
BuyMaintains
$670.00
Harlan Sur
JP Morgan
BuyMaintains
-
Srini Pajjuri
RBC Capital
BuyMaintains
$600.00
Vivek Arya
BofA Securities
BuyMaintains
$650.00
Srini Pajjuri
RBC Capital
BuyMaintains
$600.00
C J Muse
Cantor Fitzgerald
BuyMaintains
$850.00
Mark Lipacis
Evercore ISI Group
BuyMaintains
$700.00 → $590.00
James Schneider
Goldman Sachs
BuyMaintains
$670.00
Aniruddha Ganguly
Zacks Equity Research
BuyInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Kevin Cook
TheStreet.com
BuyInitiates Coverage
-
Shane Brett CFA
Morgan Stanley
HoldReiterates
$642.00 → $563.00
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Shreya Majumder
Zacks Equity Research
BuyInitiates Coverage
-
Rimmi Singhi
Zacks Equity Research
BuyInitiates Coverage
-
Anirudha Bhagat
Zacks Equity Research
BuyInitiates Coverage
-
Stacy Rasgon
Bernstein
BuyMaintains
$700.00
Subham Roy
Zacks Equity Research
BuyInitiates Coverage
-
Subham Roy
Zacks Equity Research
BuyInitiates Coverage
-
Timothy Arcuri
UBS
BuyMaintains
$675.00 → $695.00
James Schneider
Goldman Sachs
BuyMaintains
$670.00
Aniruddha Ganguly
Zacks Equity Research
BuyInitiates Coverage
-
Vijay Rakesh
Mizuho
BuyReiterates
$650.00 → $590.00
Vijay Rakesh
Mizuho
BuyReiterates
$650.00 → $590.00
Harlan Sur
JP Morgan
BuyMaintains
-
Om Jaiswal
Zacks Equity Research
BuyInitiates Coverage
-
Jim Kelleher
Argus Research
BuyReiterates
$500.00 → $600.00
Unknown Analyst
Berenberg Bank
BuyMaintains
$575.00 → $675.00
Shane Brett CFA
Morgan Stanley
HoldInitiates Coverage
$646.00 → $642.00
Ling Lee Keng
DBS
BuyMaintains
$518.00 → $710.00
Jim Kelleher
Argus Research
BuyReiterates
$500.00 → $600.00
Vivek Arya
BofA Securities
BuyReiterates
$650.00
Christian Schwab
Craig-Hallum
BuyReiterates
$530.00 → $585.00
Brian Chin
Stifel Nicolaus
BuyMaintains
$650.00
C J Muse
Cantor Fitzgerald
BuyReiterates
$850.00
Krish Sankar
TD Cowen
BuyReiterates
$700.00
Atif Malik
Citi
BuyMaintains
$710.00
Steve Barger
KeyBanc
BuyReiterates
$750.00
Charles Shi
Needham
BuyMaintains
$740.00
Melissa Weathers
Deutsche Bank
BuyMaintains
$680.00 → $605.00
Nauman Khan
InvestorPlace
SellInitiates Coverage
-
Shaun Pruitt
Zacks Equity Research
BuyInitiates Coverage
-
Thomas O'Malley
Barclays
BuyMaintains
$590.00
Blayne Curtis
Jefferies
BuyMaintains
$770.00
Srini Pajjuri
RBC Capital
BuyReiterates
$520.00 → $600.00
Joseph Quatrochi
Wells Fargo
BuyMaintains
$740.00
Mark Lipacis
Evercore ISI Group
BuyMaintains
$515.00 → $700.00
Sebastien Naji
William Blair
HoldInitiates
-
Rimmi Singhi
Zacks Equity Research
BuyInitiates Coverage
-
Stephan Lingnau
Erste
HoldUpgrades
-
Anirudha Bhagat
Zacks Equity Research
BuyInitiates Coverage
-
Adithya Metuku
HSBC
BuyMaintains
$522.00 → $683.00
Supriyo Bose
Zacks Equity Research
BuyInitiates Coverage
-

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 16, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for AMAT?

The analyst consensus rating for AMAT is Buy, based on the latest ratings from 37 analysts over the last 90 days.

What is the average price target for AMAT?

The average 12-month price target for AMAT is $662.43, representing an upside of 76.4% from the Oct 22, 2026 close of $375.58.

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.