Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
155.61
-0.39 (-0.25%)
At close: May 9, 2025, 4:00 PM
155.77
+0.16 (0.10%)
After-hours: May 9, 2025, 6:47 PM EDT

Applied Materials Stock Forecast

Stock Price Forecast

According to 21 professional analysts, the 12-month price target for Applied Materials stock ranges from a low of $160 to a high of $280. The average price target of $208.86 forecasts a 34.22% increase in the stock price over the next year.

Price Target: $208.86 (+34.22%)
Analyst Consensus: Buy
Target Low Average Median High
Price $160 $208.86 $202 $280
Change +2.82% +34.22% +29.81% +79.94%

Analyst Ratings

The average analyst rating for Applied Materials stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 777888
Buy 788888
Hold 555444
Sell 211111
Strong Sell 000000
Total 212121212121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$190$160
Hold Maintains $190$160 +2.82% Apr 22, 2025
B of A Securities
B of A Securities
Strong Buy
Maintains
$205$190
Strong Buy Maintains $205$190 +22.10% Apr 16, 2025
Stifel
Stifel
Strong Buy
Maintains
$235$195
Strong Buy Maintains $235$195 +25.31% Apr 15, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$202$170
Strong Buy Maintains $202$170 +9.25% Apr 11, 2025
Jefferies
Jefferies
Strong Buy
Upgrades
$195
Strong Buy Upgrades $195 +25.31% Mar 28, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
29.35B
from 27.18B
Increased by 8.01%
Revenue Next Year
31.20B
from 29.35B
Increased by 6.28%
EPS This Year
9.50
from 8.61
Increased by 10.30%
EPS Next Year
10.25
from 9.50
Increased by 7.96%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Oct 25, 2020 Oct 31, 2021 Oct 30, 2022 Oct 29, 2023 Oct 27, 2024 Oct 27, 2025 Oct 27, 2026 Oct 27, 2027
Revenue
17.20B23.06B25.79B26.52B27.18B29.35B31.20B33.35B
Revenue Growth
17.76%34.07%11.80%2.84%2.49%8.01%6.28%6.92%
EPS
3.926.407.448.118.619.5010.2511.19
EPS Growth
37.06%63.27%16.25%9.01%6.17%10.30%7.96%9.10%
Forward PE
-----16.3815.1813.91
No. Analysts
-----363516
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 31.0B 33.6B 36.6B
Avg 29.4B 31.2B 33.4B
Low 27.1B 27.0B 29.3B

Revenue Growth

Revenue Growth 20252026202720282029
High
13.9%
14.4%
17.3%
Avg
8.0%
6.3%
6.9%
Low
-0.2%
-7.9%
-6.2%

EPS Forecast

EPS 20252026202720282029
High 10.16 11.20 12.69
Avg 9.50 10.25 11.19
Low 7.93 8.45 9.68

EPS Growth

EPS Growth 20252026202720282029
High
18.0%
18.0%
23.8%
Avg
10.3%
8.0%
9.1%
Low
-7.9%
-11.0%
-5.6%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.