Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
540.04
+10.74 (2.03%)
At close: Oct 2, 2026, 4:00 PM EDT
539.75
-0.29 (-0.05%)
After-hours: Oct 2, 2026, 7:59 PM EDT
Applied Materials Stock Forecast
Stock Price Forecast
According to 40 analysts polled by S&P Global, Applied Materials stock has a consensus rating of "Strong Buy" and an average price target of $638.94. The average 1-year stock price forecast is 18.31% higher than the current stock price, while the lowest is $358 (-33.71%) and the highest is $900 (+66.65%).
Price Target: $638.94 (+18.31%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Applied Materials stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 28 | 28 | 28 | 28 | 29 |
| Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Hold | 7 | 8 | 6 | 7 | 7 | 7 |
| Sell | 0 | 0 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 36 | 40 | 39 | 39 | 39 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Reiterates $642 → $563 | Hold | Reiterates | $642 → $563 | +4.25% | Sep 28, 2026 |
| Bernstein | Bernstein | Buy Maintains $700 | Buy | Maintains | $700 | +29.62% | Sep 22, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $670 | Buy | Maintains | $670 | +24.06% | Sep 1, 2026 |
| UBS | UBS | Buy Maintains $675 → $695 | Buy | Maintains | $675 → $695 | +28.69% | Sep 1, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Reiterates $650 → $590 | Buy | Reiterates | $650 → $590 | +9.25% | Aug 25, 2026 |
Financial Forecast
Revenue This Year
34.25B
from 28.37B
Increased by 20.74%
Revenue Next Year
46.17B
from 34.25B
Increased by 34.80%
EPS This Year
12.79
from 9.42
Increased by 35.77%
EPS Next Year
18.46
from 12.79
Increased by 44.34%
EPS and Forward PE are based on non-GAAP adjusted numbers.