Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
224.01
+3.78 (1.71%)
At close: Nov 21, 2025, 4:00 PM EST
224.76
+0.75 (0.34%)
After-hours: Nov 21, 2025, 7:59 PM EST
Applied Materials Stock Forecast
Stock Price Forecast
The 28 analysts that cover Applied Materials stock have a consensus rating of "Buy" and an average price target of $220.71, which forecasts a -1.47% decrease in the stock price over the next year. The lowest target is $165 and the highest is $300.
Price Target: $220.71 (-1.47%)
Analyst Consensus: Buy
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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 9 | 8 | 8 | 9 | 8 |
| Buy | 11 | 11 | 11 | 11 | 11 | 11 |
| Hold | 5 | 6 | 8 | 9 | 8 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 26 | 27 | 28 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $205 → $250 | Strong Buy | Maintains | $205 → $250 | +11.60% | Nov 14, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $256 → $252 | Buy | Maintains | $256 → $252 | +12.50% | Nov 14, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $220 → $260 | Buy | Maintains | $220 → $260 | +16.07% | Nov 14, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $250 → $255 | Buy | Maintains | $250 → $255 | +13.84% | Nov 14, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $300 | Buy | Reiterates | $300 | +33.93% | Nov 14, 2025 |
Financial Forecast
Revenue This Year
29.50B
from 28.37B
Increased by 4.00%
Revenue Next Year
32.39B
from 29.50B
Increased by 9.78%
EPS This Year
9.65
from 8.66
Increased by 11.47%
EPS Next Year
11.10
from 9.65
Increased by 15.02%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 31.8B | 35.7B | ||
| Avg | 29.5B | 32.4B | ||
| Low | 27.1B | 29.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 12.0% | 21.0% | ||
| Avg | 4.0% | 9.8% | ||
| Low | -4.5% | -0.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 10.43 | 12.64 | ||
| Avg | 9.65 | 11.10 | ||
| Low | 8.41 | 9.83 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 20.4% | 30.9% | ||
| Avg | 11.5% | 15.0% | ||
| Low | -2.9% | 1.8% |
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.