Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
341.79
+18.67 (5.78%)
At close: Mar 31, 2026, 4:00 PM EDT
344.00
+2.21 (0.65%)
After-hours: Mar 31, 2026, 7:59 PM EDT
Applied Materials Stock Forecast
Stock Price Forecast
The 28 analysts that cover Applied Materials stock have a consensus rating of "Buy" and an average price target of $334.57, which forecasts a -2.11% decrease in the stock price over the next year. The lowest target is $170 and the highest is $450.
Price Target: $334.57 (-2.11%)
Analyst Consensus: Buy
* Price targets were last updated on Feb 25, 2026.
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 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 10 | 10 |
| Buy | 11 | 11 | 10 | 13 | 13 | 13 |
| Hold | 8 | 8 | 8 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 28 | 27 | 27 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $420 → $432 | Buy | Maintains | $420 → $432 | +26.39% | Feb 25, 2026 |
| Barclays | Barclays | Buy Maintains $360 → $450 | Buy | Maintains | $360 → $450 | +31.66% | Feb 17, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $400 → $420 | Strong Buy | Maintains | $400 → $420 | +22.88% | Feb 13, 2026 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $310 → $390 | Strong Buy | Maintains | $310 → $390 | +14.11% | Feb 13, 2026 |
| Stifel | Stifel | Strong Buy Maintains $340 → $450 | Strong Buy | Maintains | $340 → $450 | +31.66% | Feb 13, 2026 |
Financial Forecast
Revenue This Year
31.98B
from 28.37B
Increased by 12.72%
Revenue Next Year
38.17B
from 31.98B
Increased by 19.37%
EPS This Year
11.21
from 8.66
Increased by 29.48%
EPS Next Year
14.26
from 11.21
Increased by 27.19%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 35.6B | 43.8B | |||
| Avg | 32.0B | 38.2B | |||
| Low | 27.9B | 32.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 25.6% | 36.9% | |||
| Avg | 12.7% | 19.4% | |||
| Low | -1.6% | 0.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 12.09 | 17.41 | |||
| Avg | 11.21 | 14.26 | |||
| Low | 9.08 | 10.82 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 39.6% | 55.3% | |||
| Avg | 29.5% | 27.2% | |||
| Low | 4.9% | -3.5% |
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.