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Applied Materials (AMAT): analyst forecast and price target

$409 −4.82% close 16.10.26 · market cap $341B · Technology · Semiconductors QQQ 1.45%SMH 4.37%SOXL 2.62%SOXS 2.62%SPY 0.53%
Price targets and ratings of

Analyst consensus

Strong Buy

22 Buy3 Hold0 Sell

Ratings of 25 analysts in the last 3 months · top analysts only

12-month forecast

$662+61.7% upside

Based on 25 price targets given in the last 3 months, the average target is $662, the highest $850, the lowest $560. The average is +61.7% from the last price of $409.

$200$400$600$800Jan 26AprJulOctJan 27AprJulOctHigh$850Average$662Low$560
Highest target $850 Average target $662 Lowest target $560
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Charles Shi★★★★★★★★★★#282 · hits 52% · avg +29.0% Needham $740 → $560−24.3% Buy +36.8% Reiterated 16.10.26on TipRanks 07:35 −3.7%
Harlan Sur★★★★★★★★★★#14 · hits 72% · avg +43.3% J.P. Morgan — Buy — Reiterated 14.10.26on TipRanks 08:25 −2.7%next day −4.0%
Vivek Arya★★★★★★★★★★#155 · hits 61% · avg +25.6% Bank of America Securities $650 Buy +58.8% Reiterated 14.10.26on TipRanks 05:26 −2.7%next day −4.0%
James Schneider★★★★★★★★★★#315 · hits 63% · avg +27.5% Goldman Sachs $670 Buy +63.7% Reiterated 13.10.26on TipRanks Oct 14 09:45 −6.7%next day −2.7%
Srini Pajjuri★★★★★★★★★★#109 · hits 72% · avg +45.6% RBC Capital $600 Buy +46.6% Reiterated 13.10.26on TipRanks Oct 14 07:25 −6.7%next day −2.7%
C J Muse★★★★★★★★★★#10 · hits 70% · avg +72.8% Cantor Fitzgerald $850 Buy +107.7% Reiterated 13.10.26on TipRanks 15:55 −6.7%next day −2.7%
Mark Lipacis★★★★★★★★★★#22 · hits 70% · avg +39.9% Evercore ISI $700 → $590−15.7% Buy +44.2% Reiterated 13.10.26on TipRanks 10:05 −6.7%next day −2.7%
Vivek Arya★★★★★★★★★★#155 · hits 61% · avg +25.6% Bank of America Securities $650 Buy +58.8% Reiterated 09.10.26on TipRanks Oct 11 20:15 −1.1%next day −1.8% · 5 days −17.3%
Shane Brett CFA★★★★★★★★★★#587 · hits 68% · avg +50.1% Morgan Stanley $642 → $563−12.3% Hold +37.6% Assigned 28.09.26on TipRanks 08:20 +1.1%next day +5.4% · 5 days +10.2%
Stacy Rasgon★★★★★★★★★★#114 · hits 65% · avg +32.5% Bernstein $700 Buy +71.0% Reiterated 22.09.26on TipRanks 07:15 +1.8%next day +1.1% · 5 days +9.6%
James Schneider★★★★★★★★★★#315 · hits 63% · avg +27.5% Goldman Sachs $670 Buy +63.7% Reiterated 01.09.26on TipRanks 13:55 −2.9%next day −1.2% · 5 days +6.0%
Timothy Arcuri★★★★★★★★★★#3 · hits 77% · avg +53.0% UBS $675 → $695+3.0% Buy +69.8% Reiterated 01.09.26on TipRanks 07:45 −2.9%next day −1.2% · 5 days +6.0%
Vijay Rakesh★★★★★★★★★★#7 · hits 69% · avg +70.3% Mizuho Securities $650 → $590−9.2% Buy +44.2% Reiterated 24.08.26on TipRanks Aug 25 06:50 −1.4%next day −1.2% · 5 days −5.8%
Harlan Sur★★★★★★★★★★#14 · hits 72% · avg +43.3% J.P. Morgan — Buy — Reiterated 20.08.26on TipRanks 08:55 +1.0%next day −1.2% · 5 days −3.9%
Ling Lee Keng★★★★★★★★★★#1388 · hits 58% · avg +14.7% DBS $518 → $710+37.1% Buy +73.5% Reiterated 17.08.26on TipRanks Aug 19 13:11 +6.0%next day −3.2% · 5 days −8.3%
Jim Kelleher★★★★★★★★★★#27 · hits 71% · avg +34.6% Argus Research $500 → $600+20.0% Buy +46.6% Reiterated 17.08.26on TipRanks Aug 18 08:45 +6.0%next day −3.2% · 5 days −8.3%
Unknown Analyst Berenberg Bank $575 → $675+17.4% Buy +64.9% Reiterated 17.08.26on TipRanks Aug 18 08:45 +6.0%next day −3.2% · 5 days −8.3%
Christian Schwab★★★★★★★★★★#54 · hits 61% · avg +36.4% Craig-Hallum $530 → $585+10.4% Buy +42.9% Reiterated 14.08.26on TipRanks 09:55 −4.9%next day +6.0% · 5 days −1.5%
Melissa Weathers★★★★★★★★★★#295 · hits 71% · avg +71.5% Deutsche Bank $680 → $605−11.0% Buy +47.8% Reiterated 14.08.26on TipRanks 08:30 −4.9%next day +6.0% · 5 days −1.5%
C J Muse★★★★★★★★★★#10 · hits 70% · avg +72.8% Cantor Fitzgerald $850 Buy +107.7% Reiterated 14.08.26on TipRanks 08:15 −4.9%next day +6.0% · 5 days −1.5%
Brian Chin★★★★★★★★★★#100 · hits 65% · avg +44.7% Stifel Nicolaus $650 Buy +58.8% Reiterated 14.08.26on TipRanks 07:30 −4.9%next day +6.0% · 5 days −1.5%
Vivek Arya★★★★★★★★★★#155 · hits 61% · avg +25.6% Bank of America Securities $650 Buy +58.8% Reiterated 14.08.26on TipRanks 07:05 −4.9%next day +6.0% · 5 days −1.5%
Charles Shi★★★★★★★★★★#282 · hits 52% · avg +29.0% Needham $740 Buy +80.8% Reiterated 14.08.26on TipRanks 06:25 −4.9%next day +6.0% · 5 days −1.5%
Atif Malik★★★★★★★★★★#3 · hits 77% · avg +46.6% Citi $710 Buy +73.5% Reiterated 14.08.26on TipRanks 05:35 −4.9%next day +6.0% · 5 days −1.5%
Steve Barger★★★★★★★★★★#115 · hits 68% · avg +25.6% KeyBanc $750 Buy +83.2% Reiterated 14.08.26on TipRanks 04:35 −4.9%next day +6.0% · 5 days −1.5%
Krish Sankar★★★★★★★★★★#13 · hits 69% · avg +56.0% TD Cowen $700 Buy +71.0% Reiterated 14.08.26on TipRanks 00:30 −4.9%next day +6.0% · 5 days −1.5%
Srini Pajjuri★★★★★★★★★★#109 · hits 72% · avg +45.6% RBC Capital $520 → $600+15.4% Buy +46.6% Reiterated 13.08.26on TipRanks Aug 14 08:35 −3.2%next day −4.9% · 5 days −5.1%
Joseph Quatrochi★★★★★★★★★★#388 · hits 64% · avg +21.8% Wells Fargo $740 Buy +80.8% Reiterated 13.08.26on TipRanks Aug 14 08:15 −3.2%next day −4.9% · 5 days −5.1%
Thomas O'Malley★★★★★★★★★★#33 · hits 62% · avg +42.1% Barclays $590 Buy +44.2% Reiterated 13.08.26on TipRanks Aug 14 04:35 −3.2%next day −4.9% · 5 days −5.1%
Blayne Curtis★★★★★★★★★★#31 · hits 65% · avg +36.1% Jefferies $770 Buy +88.1% Reiterated 13.08.26on TipRanks 21:30 −4.9%next day +6.0% · 5 days −1.5%
Mark Lipacis★★★★★★★★★★#22 · hits 70% · avg +39.9% Evercore ISI $515 → $700+35.9% Buy +71.0% Reiterated 12.08.26on TipRanks 09:45 +4.0%next day −3.2% · 5 days −9.0%
Sebastien Naji★★★★★★★★★★#429 · hits 74% · avg +33.5% William Blair — Hold — Initiated 11.08.26on TipRanks 04:15 +1.0%next day +4.0% · 5 days −1.7%
Stephan Lingnau★★★★★★★★★★#3694 · hits 58% · avg +9.1% Erste Group — Hold — Downgrade 05.08.26on TipRanks 10:14 −2.1%next day −1.1% · 5 days +2.3%
Adithya Metuku★★★★★★★★★★#1841 · hits 61% · avg +14.8% HSBC $522 → $683+30.8% Buy +66.9% Reiterated 27.07.26on TipRanks 08:06 −3.6%next day −8.1% · 5 days −2.3%
Mehdi Hosseini★★★★★★★★★★#104 · hits 63% · avg +28.0% Susquehanna $575 → $900+56.5% Buy +119.9% Reiterated 30.06.26on TipRanks 07:26 +3.3%next day −9.8% · 5 days −20.9%
Craig Ellis★★★★★★★★★★#102 · hits 55% · avg +34.6% B. Riley Securities $550 → $790+43.6% Buy +93.0% Reiterated 26.06.26on TipRanks 08:30 −5.4%next day +9.2% · 5 days −8.5%
Chris Caso★★★★★★★★★★#81 · hits 62% · avg +31.1% Wolfe Research $500 → $550+10.0% Buy +34.4% Reiterated 15.05.26on TipRanks 09:30 +0.3%next day −5.2% · 5 days −1.8%
Jay Goldberg★★★★★★★★★★#5587 · hits 48% · avg +5.3% Seaport Global $500 Buy +22.2% Reiterated 10.05.26on TipRanks May 11 05:50 +1.7%next day −2.6% · 5 days −6.7%
Leon Chen★★★★★★★★★★#5671 · hits 100% · avg +49.5% KGI Securities $425 Buy +3.8% Upgrade 13.02.26on TipRanks Feb 14 02:06 +8.0%next day +1.0% · 5 days +5.3%
Kinngai Chan★★★★★★★★★★#435 · hits 72% · avg +47.7% Summit Insights Group — Buy — Upgrade 12.02.26on TipRanks 19:50 +8.0%next day +1.0% · 5 days +5.3%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Applied Materials

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Mehdi Hosseini★★★★★★★★★★Susquehanna · #104
Hits 63%314 of 498 Average return +28.0%
1 year Mehdi Hosseini★★★★★★★★★★Susquehanna · #104
Hits 63%314 of 498 Average return +28.0%
2 years Mehdi Hosseini★★★★★★★★★★Susquehanna · #104
Hits 63%314 of 498 Average return +28.0%

Most profitable

3 months Mehdi Hosseini★★★★★★★★★★Susquehanna · #104
Hits 63%314 of 498 Average return +28.0%
1 year Stacy Rasgon★★★★★★★★★★Bernstein · #114
Hits 65%210 of 321 Average return +32.5%
2 years Atif Malik★★★★★★★★★★Citi · #3
Hits 77%383 of 496 Average return +46.6%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $675 at a price of $511 (+32.0%); now: $662 at $409 (+61.8%).

$400$500$600Sep 15Oct 1Oct 15Top analysts$662Average target$662Price$409

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

020406044161Oct 254410Nov4911Dec1499Jan 261604Feb2492Mar1411Apr1411May601Jun602Jul2545Aug5356Sep6345Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy100256
Buy416060543534
Hold112565
Sell000000

Earnings and sales forecast

Next report: 12.11.26 (Q4 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $4.06 (from $4.02 to $4.20). Last quarter: $3.50.

Sales

Next quarter’s sales estimate — $10.3B (from $10.2B to $10.5B). Last quarter: $9.1B.

Best top-analyst consensus in the sector · Technology

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UCTTUltra Clean Holdings
ONTOOnto Innovation
CLSnot in our ETFs
About Applied Materials

Applied Materials, Inc. engages in provision of materials engineering solutions used to produce semiconductors. The firm also focuses on design, development, production, and servicing of the critical wafer fabrication tools used for customers to manufacture semiconductors. It operates through the following segments: Semiconductor Systems and Applied Global Services (AGS). The Semiconductor Systems segment includes designing, development, manufacturing and sale of equipment used to fabricate semiconductor chips referred to as integrated circuits. The AGS segment engages in provision of services, spares, and factory automation software to customer fabrication plants globally. The company was founded on November 10, 1967 and is headquartered in Santa Clara, CA.

Data from the stock’s TipRanks forecast page, read 0 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗