Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
165.27
+0.88 (0.54%)
At close: Aug 28, 2025, 4:00 PM
165.31
+0.03 (0.02%)
After-hours: Aug 28, 2025, 4:26 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 $198.14, which forecasts a 19.89% increase in the stock price over the next year. The lowest target is $165 and the highest is $230.

Price Target: $198.14 (+19.89%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$165$198.14$200$230
Change-0.16%+19.89%+21.01%+39.17%

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

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy888898
Buy9910101012
Hold444568
Sell111000
Strong Sell000000
Total222223232528

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Daiwa Capital
Daiwa Capital
Hold
Downgrades
$185$170
HoldDowngrades$185$170+2.86%Aug 20, 2025
Deutsche Bank
Deutsche Bank
Hold
Maintains
$200$170
HoldMaintains$200$170+2.86%Aug 15, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$220$205
Strong BuyMaintains$220$205+24.04%Aug 15, 2025
UBS
UBS
Hold
Maintains
$185$180
HoldMaintains$185$180+8.91%Aug 15, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$215$205
BuyMaintains$215$205+24.04%Aug 15, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
28.91B
from 27.18B
Increased by 6.38%
Revenue Next Year
29.77B
from 28.91B
Increased by 2.98%
EPS This Year
9.55
from 8.61
Increased by 10.92%
EPS Next Year
9.79
from 9.55
Increased by 2.48%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingOct 25, 2020Oct 31, 2021Oct 30, 2022Oct 29, 2023Oct 27, 2024Oct 27, 2025Oct 27, 2026
Revenue
17.20B23.06B25.79B26.52B27.18B28.91B29.77B
Revenue Growth
17.76%34.07%11.80%2.84%2.49%6.38%2.98%
EPS
3.926.407.448.118.619.559.79
EPS Growth
37.06%63.27%16.25%9.01%6.17%10.92%2.48%
Forward PE
-----17.3016.89
No. Analysts
-----3536
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High30.3B32.2B
Avg28.9B29.8B
Low27.6B27.0B

Revenue Growth

Revenue Growth20252026202720282029
High
11.5%
11.4%
Avg
6.4%
3.0%
Low
1.7%
-6.6%

EPS Forecast

EPS20252026202720282029
High10.1610.88
Avg9.559.79
Low8.258.58

EPS Growth

EPS Growth20252026202720282029
High
18.0%
13.9%
Avg
10.9%
2.5%
Low
-4.2%
-10.1%
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.