Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
198.03
+2.64 (1.35%)
At close: Jul 10, 2025, 4:00 PM
196.40
-1.63 (-0.82%)
Pre-market: Jul 11, 2025, 8:07 AM EDT

Applied Materials Stock Forecast

Stock Price Forecast

The 24 analysts that cover Applied Materials stock have a consensus rating of "Buy" and an average price target of $205.04, which forecasts a 3.54% increase in the stock price over the next year. The lowest target is $160 and the highest is $250.

Price Target: $205.04 (+3.54%)
Analyst Consensus: Buy
Target Low Average Median High
Price $160 $205.04 $210 $250
Change -19.20% +3.54% +6.04% +26.24%

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 Feb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy 788889
Buy 888999
Hold 544456
Sell 111100
Strong Sell 000000
Total 212121222224

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Initiates
$225
Strong Buy Initiates $225 +13.62% Jul 10, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$200$215
Buy Maintains $200$215 +8.57% Jul 8, 2025
Redburn Atlantic
Redburn Atlantic
Hold
Downgrades
$225$200
Hold Downgrades $225$200 +0.99% Jul 7, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$190$220
Strong Buy Maintains $190$220 +11.09% Jul 7, 2025
Morgan Stanley
Morgan Stanley
Hold
Maintains
$158$169
Hold Maintains $158$169 -14.66% Jul 1, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
29.36B
from 27.18B
Increased by 8.03%
Revenue Next Year
31.03B
from 29.36B
Increased by 5.69%
EPS This Year
9.66
from 8.61
Increased by 12.24%
EPS Next Year
10.29
from 9.66
Increased by 6.44%
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
17.20B23.06B25.79B26.52B27.18B29.36B31.03B33.20B
Revenue Growth
17.76%34.07%11.80%2.84%2.49%8.03%5.69%6.99%
EPS
3.926.407.448.118.619.6610.2911.37
EPS Growth
37.06%63.27%16.25%9.01%6.17%12.24%6.44%10.57%
Forward PE
-----20.4919.2517.41
No. Analysts
-----343418
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 30.5B 33.1B 35.4B
Avg 29.4B 31.0B 33.2B
Low 27.9B 27.5B 29.2B

Revenue Growth

Revenue Growth 20252026202720282029
High
12.3%
12.7%
14.2%
Avg
8.0%
5.7%
7.0%
Low
2.6%
-6.2%
-5.7%

EPS Forecast

EPS 20252026202720282029
High 10.16 11.18 12.57
Avg 9.66 10.29 11.37
Low 8.47 8.86 9.99

EPS Growth

EPS Growth 20252026202720282029
High
18.0%
15.7%
22.2%
Avg
12.2%
6.4%
10.6%
Low
-1.7%
-8.3%
-2.9%
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.