Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
472.49
+14.32 (3.13%)
Jun 2, 2026, 10:20 AM EDT - Market open
Applied Materials Stock Forecast
Stock Price Forecast
According to 40 analysts polled by S&P Global, Applied Materials stock has a consensus rating of "Buy" and an average price target of $511.17. The average 1-year stock price forecast is 8.19% higher than the current stock price, while the lowest is $358 (-24.23%) and the highest is $575 (+21.70%).
Price Target: $511.17 (+8.19%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 19 | 22 | 23 | 23 | 24 | 28 |
| Buy | 3 | 5 | 5 | 5 | 5 | 4 |
| Hold | 15 | 10 | 9 | 9 | 7 | 8 |
| Sell | 0 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 37 | 38 | 37 | 37 | 36 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $575 | Buy | Reiterates | $575 | +21.70% | May 28, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Reiterates $500 → $540 | Buy | Reiterates | $500 → $540 | +14.29% | May 27, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $520 | Buy | Maintains | $520 | +10.06% | May 22, 2026 |
| Argus Research | Argus Research | Buy Reiterates $420 → $500 | Buy | Reiterates | $420 → $500 | +5.82% | May 19, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Downgrades $502 | Hold | Downgrades | $502 | +6.25% | May 18, 2026 |
Financial Forecast
Revenue This Year
33.30B
from 28.37B
Increased by 17.40%
Revenue Next Year
41.83B
from 33.30B
Increased by 25.60%
EPS This Year
13.00
from 8.66
Increased by 50.16%
EPS Next Year
16.31
from 13.00
Increased by 25.43%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 33.9B | ||
| Avg | 33.3B | ||
| Low | 31.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 19.4% | ||
| Avg | 17.4% | ||
| Low | 10.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.24 | ||
| Avg | 13.00 | ||
| Low | 11.87 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 64.4% | ||
| Avg | 50.2% | ||
| Low | 37.1% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.