Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
628.11
+11.00 (1.78%)
Jun 22, 2026, 3:36 PM EDT - Market open
Applied Materials Stock Forecast
Stock Price Forecast
According to 39 analysts polled by S&P Global, Applied Materials stock has a consensus rating of "Strong Buy" and an average price target of $527.2. The average 1-year stock price forecast is 16.07% lower than the current stock price, while the lowest is $358 (-43.00%) and the highest is $710 (+13.04%).
Price Target: $527.2 (-16.07%)
Analyst Consensus: Strong Buy
Analyst 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 22 | 23 | 23 | 24 | 28 | 28 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 10 | 9 | 9 | 7 | 8 | 6 |
| Sell | 1 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 38 | 37 | 37 | 36 | 40 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Reiterates $520 → $715 | Buy | Reiterates | $520 → $715 | +13.83% | Jun 22, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Maintains $540 | Buy | Maintains | $540 | -14.03% | Jun 18, 2026 |
| Citi | Citi | Buy Maintains $550 → $710 | Buy | Maintains | $550 → $710 | +13.04% | Jun 17, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $520 | Buy | Maintains | $520 | -17.21% | Jun 15, 2026 |
| Barclays | Barclays | Buy Maintains $500 → $590 | Buy | Maintains | $500 → $590 | -6.07% | Jun 11, 2026 |
Financial Forecast
Revenue This Year
33.39B
from 28.37B
Increased by 17.69%
Revenue Next Year
41.87B
from 33.39B
Increased by 25.39%
EPS This Year
12.24
from 9.42
Increased by 29.89%
EPS Next Year
16.30
from 12.24
Increased by 33.19%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.1B | ||
| Avg | 33.4B | ||
| Low | 32.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.2% | ||
| Avg | 17.7% | ||
| Low | 16.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.70 | ||
| Avg | 12.24 | ||
| Low | 11.51 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.9% | ||
| Avg | 29.9% | ||
| Low | 22.2% |