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Applied Materials (AMAT) Stock Forecast & Price Target

Applied Materials logo
$184.87 +1.72 (+0.94%)
Closing price 08/8/2025 04:00 PM Eastern
Extended Trading
$185.32 +0.45 (+0.24%)
As of 08/8/2025 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Applied Materials - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Sell
0
Hold
8
Buy
17

Based on 25 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 25 analysts, 8 have given a hold rating, and 17 have given a buy rating for AMAT.

Consensus Price Target

$204.09
10.39% Upside
According to the 25 analysts' twelve-month price targets for Applied Materials, the average price target is $204.09. The highest price target for AMAT is $250.00, while the lowest price target for AMAT is $165.00. The average price target represents a forecasted upside of 10.39% from the current price of $184.87.
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AMAT Analyst Ratings Over Time

TypeCurrent Forecast
8/9/24 to 8/9/25
1 Month Ago
7/10/24 to 7/10/25
3 Months Ago
5/11/24 to 5/11/25
1 Year Ago
8/10/23 to 8/9/24
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)
17 Buy rating(s)
19 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$204.09$203.65$208.86$225.40
Forecasted Upside10.39% Upside2.84% Upside34.15% Upside17.90% 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.
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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.
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Applied Materials Stock vs. The Competition

TypeApplied MaterialsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.68
2.66
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside10.39% Upside74.03% Upside13.84% Upside
News Sentiment Rating
Positive News

See Recent AMAT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/4/2025UBS Group
4 of 5 stars
Timothy Arcuri
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Reiterated RatingNeutral ➝ Neutral$175.00 ➝ $185.00+2.22%
7/28/2025Barclays
3 of 5 stars
Tom O'Malley
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Boost TargetEqual Weight ➝ Equal Weight$160.00 ➝ $170.00-8.45%
7/14/2025Mizuho
3 of 5 stars
Vijay Rakesh
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Boost TargetOutperform ➝ Outperform$195.00 ➝ $220.00+11.80%
7/10/2025The Goldman Sachs Group
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James Schneider
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Initiated CoverageBuy$225.00+15.15%
7/8/2025Wells Fargo & Company
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Joseph Quatrochi
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Boost TargetOverweight ➝ Overweight$200.00 ➝ $215.00+12.70%
7/7/2025Redburn Atlantic
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Timm Schulze-Melander
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DowngradeStrong-Buy ➝ Hold$225.00 ➝ $200.00+4.83%
7/7/2025Citigroup
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Atif Malik
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Boost TargetBuy ➝ Buy$190.00 ➝ $220.00+15.20%
7/7/2025Rothschild & Co Redburn
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 DowngradeBuy ➝ Neutral$200.00+4.79%
7/1/2025Morgan Stanley
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Joseph Moore
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Boost TargetEqual Weight ➝ Equal Weight$158.00 ➝ $169.00-8.50%
6/24/2025Cantor Fitzgerald
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Matthew Prisco
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Set TargetOverweight ➝ Overweight$200.00 ➝ $220.00+27.94%
5/16/2025Raymond James Financial
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Srini Pajjuri
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Reiterated RatingOutperform ➝ Outperform$225.00 ➝ $200.00+21.82%
5/16/2025JPMorgan Chase & Co.
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Harlan Sur
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Lower TargetOverweight ➝ Overweight$240.00 ➝ $210.00+20.17%
5/16/2025TD Cowen
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 Lower TargetBuy$225.00 ➝ $220.00+25.89%
5/16/2025Needham & Company LLC
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Charles Shi
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Reiterated RatingBuy ➝ Buy$195.00 ➝ $195.00+11.59%
5/12/2025B. Riley
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 Lower TargetBuy$250.00 ➝ $215.00+23.22%
4/16/2025Bank of America
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Vivek Arya
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Lower TargetBuy ➝ Buy$205.00 ➝ $190.00+30.63%
4/15/2025Stifel Nicolaus
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Brian Chin
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Lower TargetBuy ➝ Buy$235.00 ➝ $195.00+34.85%
3/28/2025Jefferies Financial Group
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Blayne Curtis
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UpgradeHold ➝ Buy$195.00+32.04%
3/12/2025Edward Jones
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L. Purk
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UpgradeHold ➝ Buy
1/22/2025Susquehanna
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Mehdi Hosseini
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Boost TargetNeutral ➝ Neutral$155.00 ➝ $165.00-17.10%
1/17/2025KeyCorp
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Steve Barger
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UpgradeSector Weight ➝ Overweight$225.00 ➝ $225.00+20.66%
11/29/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$220.00 ➝ $210.00+22.58%
11/15/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$260.00 ➝ $250.00+34.41%
11/15/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$220.00 ➝ $200.00+7.53%
9/16/2024Dbs Bank
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J. Au
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DowngradeStrong-Buy ➝ Hold
1/18/2024Bank Of America (Bofa)
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 Boost TargetBuy ➝ Buy$170.00 ➝ $185.00+15.39%
9/14/2023Wolfe Research
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 Initiated CoverageOutperform$185.00+27.97%
8/18/2023Craig Hallum
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 Boost TargetBuy ➝ Buy$139.00 ➝ $160.00+16.29%
8/18/2023Berenberg Bank
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 Boost TargetBuy ➝ Buy$150.00 ➝ $175.00+27.19%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:18 AM 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 Tuesday, August 5, 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 current stock price is around $179, which may present a buying opportunity for investors looking for growth in the semiconductor equipment sector.
  • Applied Materials, Inc. reported a quarterly earnings per share of $2.39, exceeding analysts' expectations, indicating strong financial performance and potential for future growth.
  • The company has shown a year-over-year revenue increase of 6.8%, suggesting a positive trend in demand for its manufacturing equipment and services.
  • With a return on equity of 40.15%, Applied Materials, Inc. demonstrates effective management and profitability, which can be attractive to investors seeking high returns.
  • Institutional investors own a significant 80.56% of the company's stock, indicating strong confidence from large financial entities in the company's future prospects.

Applied Materials
Bear Case

red Wall Street bear icon

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

  • Analysts have recently adjusted their price targets downward, with some estimates dropping from $240 to $210, which may indicate concerns about future growth potential.
  • The company experienced a decrease in stock price of about 1.8% recently, which could signal volatility and uncertainty in the market.
  • Despite strong earnings, the revenue reported was slightly below consensus estimates, which may raise questions about the company's ability to meet future expectations.
  • Recent insider selling, including a notable transaction by the chief accounting officer, could suggest a lack of confidence in the stock's short-term performance.
  • With a dividend yield of only 1.0%, income-focused investors may find Applied Materials, Inc. less attractive compared to other investment opportunities that offer higher yields.

AMAT Forecast - Frequently Asked Questions

According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for Applied Materials is $204.09, with a high forecast of $250.00 and a low forecast of $165.00.

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 8 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMAT shares.

According to analysts, Applied Materials's stock has a predicted upside of 10.39% based on their 12-month stock forecasts.

Over the previous 90 days, Applied Materials's stock had 2 downgrades and 1 upgrade by analysts.

Analysts like Applied Materials more than other "computer and technology" companies. The consensus rating score for Applied Materials is 2.68 while the average consensus rating score for "computer and technology" companies is 2.66. Learn more on how AMAT compares to other companies.


This page (NASDAQ:AMAT) was last updated on 8/9/2025 by MarketBeat.com Staff
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