Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
172.84
-1.25 (-0.72%)
At close: Jun 18, 2025, 4:00 PM
173.34
+0.50 (0.29%)
After-hours: Jun 18, 2025, 7:47 PM EDT
Applied Materials Stock Forecast
Stock Price Forecast
The 22 analysts that cover Applied Materials stock have a consensus rating of "Buy" and an average price target of $200.91, which forecasts a 16.24% increase in the stock price over the next year. The lowest target is $158 and the highest is $250.
Price Target: $200.91 (+16.24%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 8 | 8 | 8 | 8 |
| Buy | 8 | 8 | 8 | 8 | 9 | 9 |
| Hold | 5 | 5 | 4 | 4 | 4 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 21 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $162 → $158 | Sell → Hold | Upgrades | $162 → $158 | -8.59% | Jun 6, 2025 |
| Mizuho | Mizuho | Buy Maintains $205 → $195 | Buy | Maintains | $205 → $195 | +12.82% | May 16, 2025 |
| Raymond James | Raymond James | Buy Reiterates $225 → $200 | Buy | Reiterates | $225 → $200 | +15.71% | May 16, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $164 → $162 | Sell | Maintains | $164 → $162 | -6.27% | May 16, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $170 → $190 | Strong Buy | Maintains | $170 → $190 | +9.93% | May 16, 2025 |
Financial Forecast
Revenue This Year
29.36B
from 27.18B
Increased by 8.04%
Revenue Next Year
31.04B
from 29.36B
Increased by 5.72%
EPS This Year
9.49
from 8.61
Increased by 10.27%
EPS Next Year
10.24
from 9.49
Increased by 7.84%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 30.5B | 33.1B | 35.4B | ||
| Avg | 29.4B | 31.0B | 33.2B | ||
| Low | 27.9B | 27.9B | 30.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.3% | 12.7% | 14.2% | ||
| Avg | 8.0% | 5.7% | 7.0% | ||
| Low | 2.6% | -4.9% | -3.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.16 | 11.39 | 12.69 | ||
| Avg | 9.49 | 10.24 | 11.18 | ||
| Low | 7.93 | 8.45 | 9.68 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.0% | 20.0% | 24.0% | ||
| Avg | 10.3% | 7.8% | 9.2% | ||
| Low | -7.9% | -11.0% | -5.4% |
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.