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Applied Materials (AMAT) Stock Forecast & Price Target

Applied Materials logo
$160.76 -4.51 (-2.73%)
Closing price 04:00 PM Eastern
Extended Trading
$160.82 +0.06 (+0.04%)
As of 06:06 PM Eastern
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Applied Materials - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Moderate Buy
Based on 31 Analyst Ratings
Sell
1
Hold
13
Buy
17

Based on 31 Wall Street analysts who have issued ratings for Applied Materials in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 31 analysts, 1 has given a sell rating, 13 have given a hold rating, and 17 have given a buy rating for AMAT.

Consensus Price Target

$193.88
20.61% Upside
According to the 31 analysts' twelve-month price targets for Applied Materials, the average price target is $193.88. The highest price target for AMAT is $225.00, while the lowest price target for AMAT is $150.00. The average price target represents a forecasted upside of 20.61% from the current price of $160.76.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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AMAT Analyst Ratings Over Time

TypeCurrent Forecast
8/29/24 to 8/29/25		1 Month Ago
7/30/24 to 7/30/25		3 Months Ago
5/31/24 to 5/31/25		1 Year Ago
8/30/23 to 8/29/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
17 Buy rating(s)
17 Buy rating(s)
16 Buy rating(s)
16 Buy rating(s)
Hold
13 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$193.88$205.17$199.48$233.14
Forecasted Upside20.61% Upside8.33% Upside28.60% Upside20.81% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

AMAT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

AMAT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Applied Materials Stock vs. The Competition

TypeApplied MaterialsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.52
2.66
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside20.63% Upside63.96% Upside10.33% Upside
News Sentiment Rating
Positive News

See Recent AMAT News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/20/2025Daiwa America
5 of 5 stars		 DowngradeStrong-Buy ➝ Hold
8/20/2025Daiwa Capital Markets
2 of 5 stars		Louis Miscioscia
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingOutperform ➝ Neutral$185.00 ➝ $170.00+4.80%
8/15/2025Cfra Research
0 of 5 stars		 UpgradeHold
8/15/2025Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Sidney Ho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetHold ➝ Hold$200.00 ➝ $170.00+4.83%
8/15/2025Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Atif Malik
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetBuy ➝ Buy$220.00 ➝ $205.00+24.94%
8/15/2025UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Timothy Arcuri
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetNeutral ➝ Neutral$185.00 ➝ $180.00+9.52%
8/15/2025Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Joseph Quatrochi
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetOverweight ➝ Overweight$215.00 ➝ $205.00+8.90%
8/15/2025JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Harlan Sur
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetOverweight ➝ Overweight$210.00 ➝ $220.00+16.87%
8/15/2025Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Joseph Moore
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetEqual Weight ➝ Equal Weight$169.00 ➝ $172.00-8.63%
8/15/2025Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating		C.J. Muse
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetOverweight ➝ Overweight$220.00 ➝ $200.00+6.25%
8/15/2025TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy$220.00 ➝ $200.00+6.25%
8/15/2025DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeHold ➝ Sell$150.00-20.31%
8/15/2025Summit Insights
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Hold
8/15/2025Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Vivek Arya
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingBuy ➝ Neutral$190.00 ➝ $180.00-4.38%
8/15/2025Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Mark Lipacis
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingOutperform ➝ Outperform$209.00+11.03%
8/15/2025Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Vijay Rakesh
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetOutperform ➝ Outperform$220.00 ➝ $200.00+6.25%
8/15/2025Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Chris Caso
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetOutperform ➝ Outperform$230.00 ➝ $200.00+6.25%
8/15/2025Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Brian Chin
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetBuy ➝ Buy$195.00 ➝ $180.00-4.38%
7/28/2025Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Tom O'Malley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetEqual Weight ➝ Equal Weight$160.00 ➝ $170.00-8.45%
7/10/2025The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		James Schneider
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated CoverageBuy$225.00+15.15%
7/7/2025Redburn Atlantic
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Timm Schulze-Melander
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeStrong-Buy ➝ Hold$225.00 ➝ $200.00+4.83%
7/7/2025Rothschild & Co Redburn
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Neutral$200.00+4.79%
5/16/2025Raymond James Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Srini Pajjuri
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingOutperform ➝ Outperform$225.00 ➝ $200.00+21.82%
5/16/2025Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Charles Shi
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingBuy ➝ Buy$195.00 ➝ $195.00+11.59%
5/12/2025B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy$250.00 ➝ $215.00+23.22%
3/28/2025Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Blayne Curtis
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold ➝ Buy$195.00+32.04%
3/12/2025Edward Jones
Subscribe to MarketBeat All Access for the recommendation accuracy rating		L. Purk
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold ➝ Buy
1/22/2025Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Mehdi Hosseini
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$155.00 ➝ $165.00-17.10%
1/17/2025KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Steve Barger
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeSector Weight ➝ Overweight$225.00 ➝ $225.00+20.66%
11/29/2024Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$220.00 ➝ $210.00+22.58%
9/16/2024Dbs Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		J. Au
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeStrong-Buy ➝ Hold
1/18/2024Bank Of America (Bofa)
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$170.00 ➝ $185.00+15.39%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:06 PM ET.


Should I Buy Applied Materials Stock? AMAT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 27, 2025. Please send any questions or comments about these Applied Materials pros and cons to contact@marketbeat.com.

Applied Materials
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Applied Materials, Inc.:

  • The company recently reported earnings per share of $2.48, exceeding analyst expectations, which indicates strong financial performance and effective management.
  • Applied Materials, Inc. has a robust return on equity of approximately 41%, suggesting efficient use of shareholders' equity to generate profits.
  • The current stock price is around $200, reflecting a significant interest from analysts, with many maintaining a "buy" rating, which could indicate potential for growth.
  • Quarterly revenue increased by about 7.7% year-over-year, showcasing the company's ability to grow its business in a competitive market.
  • The company has a moderate dividend yield of 1.1%, providing investors with a steady income stream in addition to potential capital appreciation.

Applied Materials
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Applied Materials, Inc. for these reasons:

  • Several analysts have recently downgraded their price targets for the stock, indicating a potential decrease in expected future performance.
  • The company has a relatively low dividend payout ratio of about 22%, which may suggest limited returns for income-focused investors.
  • Market volatility and economic uncertainties could impact the semiconductor industry, which may affect Applied Materials, Inc.'s performance.
  • With a significant number of analysts rating the stock as a "hold," there may be concerns about its growth potential compared to other investment opportunities.
  • Recent insider selling activity could raise red flags for some investors regarding the company's future outlook and management confidence.

AMAT Forecast - Frequently Asked Questions

According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for Applied Materials is $193.88, with a high forecast of $225.00 and a low forecast of $150.00.

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There is currently 1 sell rating, 13 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AMAT shares.

According to analysts, Applied Materials's stock has a predicted upside of 20.61% based on their 12-month stock forecasts.

Over the previous 90 days, Applied Materials's stock had 5 downgrades and 2 upgrades by analysts.

Analysts like Applied Materials less than other "computer and technology" companies. The consensus rating score for Applied Materials is 2.52 while the average consensus rating score for "computer and technology" companies is 2.66. Learn more on how AMAT compares to other companies.

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This page (NASDAQ:AMAT) was last updated on 8/29/2025 by MarketBeat.com Staff
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