Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
197.05
-0.98 (-0.49%)
Jul 11, 2025, 9:45 AM - Market open
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 4.05% increase in the stock price over the next year. The lowest target is $160 and the highest is $250.
Price Target: $205.04 (+4.05%)
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 8 | 9 |
| Buy | 8 | 8 | 8 | 9 | 9 | 9 |
| Hold | 5 | 4 | 4 | 4 | 5 | 6 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 22 | 22 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $225 | Strong Buy | Initiates | $225 | +14.18% | Jul 10, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $200 → $215 | Buy | Maintains | $200 → $215 | +9.11% | Jul 8, 2025 |
| Redburn Atlantic | Redburn Atlantic | Strong Buy → Hold Downgrades $225 → $200 | Strong Buy → Hold | Downgrades | $225 → $200 | +1.50% | Jul 7, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $190 → $220 | Strong Buy | Maintains | $190 → $220 | +11.65% | Jul 7, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $158 → $169 | Hold | Maintains | $158 → $169 | -14.23% | Jul 1, 2025 |
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%
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 | 27.5B | 29.2B |
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% | -6.2% | -5.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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.