Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
338.94
+14.20 (4.37%)
At close: Mar 9, 2026, 4:00 PM EDT
337.45
-1.49 (-0.44%)
After-hours: Mar 9, 2026, 6:27 PM EDT

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 $334.57, which forecasts a -1.29% decrease in the stock price over the next year. The lowest target is $170 and the highest is $450.

Price Target: $334.57 (-1.29%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$170$334.57$390$450
Change-49.84%-1.29%+15.06%+32.77%

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

RatingSep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy8999910
Buy111111101313
Hold988855
Sell000000
Strong Sell000000
Total282828272728

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$420$432
BuyMaintains$420$432+27.46%Feb 25, 2026
Barclays
Barclays
Buy
Maintains
$360$450
BuyMaintains$360$450+32.77%Feb 17, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$400$420
Strong BuyMaintains$400$420+23.92%Feb 13, 2026
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$310$390
Strong BuyMaintains$310$390+15.06%Feb 13, 2026
Stifel
Stifel
Strong Buy
Maintains
$340$450
Strong BuyMaintains$340$450+32.77%Feb 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
32.06B
from 28.37B
Increased by 13.01%
Revenue Next Year
38.36B
from 32.06B
Increased by 19.66%
EPS This Year
11.21
from 8.66
Increased by 29.48%
EPS Next Year
14.26
from 11.21
Increased by 27.19%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingOct 31, 2021Oct 30, 2022Oct 29, 2023Oct 27, 2024Oct 26, 2025Oct 26, 2026Oct 26, 2027
Revenue
23.06B25.79B26.52B27.18B28.37B32.06B38.36B
Revenue Growth
34.07%11.80%2.84%2.49%4.39%13.01%19.66%
EPS
6.407.448.118.618.6611.2114.26
EPS Growth
63.27%16.25%9.01%6.17%0.58%29.48%27.19%
Forward PE
-----30.2323.77
No. Analysts
-----3838
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High35.6B43.8B
Avg32.1B38.4B
Low27.9B33.3B

Revenue Growth

Revenue Growth20262027202820292030
High
25.6%
36.5%
Avg
13.0%
19.7%
Low
-1.6%
3.9%

EPS Forecast

EPS20262027202820292030
High12.0917.41
Avg11.2114.26
Low9.0810.82

EPS Growth

EPS Growth20262027202820292030
High
39.6%
55.3%
Avg
29.5%
27.2%
Low
4.9%
-3.5%
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.