Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
602.50
+13.84 (2.35%)
At close: Jul 10, 2026, 4:00 PM EDT
575.96
-26.54 (-4.40%)
Pre-market: Jul 13, 2026, 8:55 AM EDT
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 $606.2. The average 1-year stock price forecast is 0.61% higher than the current stock price, while the lowest is $358 (-40.58%) and the highest is $900 (+49.38%).
Price Target: $606.2 (+0.61%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 23 | 23 | 24 | 28 | 28 | 28 |
| Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Hold | 9 | 9 | 7 | 8 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 37 | 37 | 36 | 40 | 39 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bernstein | Bernstein | Buy Maintains $525 | Buy | Maintains | $525 | -12.86% | Jul 13, 2026 |
| Needham | Needham | Buy Maintains $530 → $740 | Buy | Maintains | $530 → $740 | +22.82% | Jul 10, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Reiterates $530 → $650 | Buy | Reiterates | $530 → $650 | +7.88% | Jul 10, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $525 → $700 | Buy | Maintains | $525 → $700 | +16.18% | Jul 9, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Reiterates $540 → $650 | Buy | Reiterates | $540 → $650 | +7.88% | Jul 8, 2026 |
Financial Forecast
Revenue This Year
33.42B
from 28.37B
Increased by 17.82%
Revenue Next Year
42.25B
from 33.42B
Increased by 26.40%
EPS This Year
12.26
from 9.42
Increased by 30.14%
EPS Next Year
16.53
from 12.26
Increased by 34.82%
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 | 17.8% | ||
| Low | 16.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.70 | ||
| Avg | 12.26 | ||
| Low | 11.51 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.9% | ||
| Avg | 30.1% | ||
| Low | 22.2% |