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Applied Materials (AMAT) Stock Forecast & Price Target

Applied Materials logo
$137.46 -0.73 (-0.53%)
Closing price 04/17/2025 04:00 PM Eastern
Extended Trading
$137.89 +0.43 (+0.32%)
As of 04/17/2025 06:23 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
1
Hold
5
Buy
17

Based on 23 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 23 analysts, 1 has given a sell rating, 5 have given a hold rating, and 17 have given a buy rating for AMAT.

Consensus Price Target

$210.29
52.98% Upside
According to the 23 analysts' twelve-month price targets for Applied Materials, the average price target is $210.29. The highest price target for AMAT is $280.00, while the lowest price target for AMAT is $164.00. The average price target represents a forecasted upside of 52.98% from the current price of $137.46.
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AMAT Analyst Ratings Over Time

TypeCurrent Forecast
4/19/24 to 4/19/25
1 Month Ago
3/20/24 to 3/20/25
3 Months Ago
1/20/24 to 1/19/25
1 Year Ago
4/20/23 to 4/19/24
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)
16 Buy rating(s)
15 Buy rating(s)
19 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$210.29$215.38$218.95$201.50
Forecasted Upside52.98% Upside39.51% Upside14.01% Upside6.18% 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
2.70
2.66
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside52.98% Upside146.33% Upside26.48% Upside
News Sentiment Rating
Positive News

See Recent AMAT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/16/2025Bank of America
3 of 5 stars
Vivek Arya
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Lower TargetBuy ➝ Buy$205.00 ➝ $190.00+30.63%
4/15/2025Stifel Nicolaus
4 of 5 stars
Brian Chin
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Lower TargetBuy ➝ Buy$235.00 ➝ $195.00+34.85%
4/11/2025Citigroup
2 of 5 stars
Atif Malik
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Lower TargetBuy ➝ Buy$202.00 ➝ $170.00+17.29%
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
2/14/2025Needham & Company LLC
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Charles Shi
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Lower TargetBuy ➝ Buy$200.00 ➝ $195.00+5.82%
2/14/2025Barclays
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Tom O'Malley
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Lower TargetEqual Weight ➝ Equal Weight$200.00 ➝ $190.00+3.11%
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%
1/13/2025Wells Fargo & Company
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Joseph Quatrochi
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Lower TargetOverweight ➝ Overweight$210.00 ➝ $200.00+17.48%
1/10/2025Mizuho
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Vijay Rakesh
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Lower TargetOutperform ➝ Outperform$220.00 ➝ $210.00+22.74%
1/10/2025The Goldman Sachs Group
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Toshiya Hari
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Lower TargetBuy ➝ Buy$230.00 ➝ $202.00+17.82%
12/5/2024Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Underweight$179.00 ➝ $164.00-9.47%
11/29/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$220.00 ➝ $210.00+22.58%
11/15/2024Cantor Fitzgerald
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 Reiterated RatingOverweight ➝ Overweight$250.00 ➝ $250.00+44.53%
11/15/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$260.00 ➝ $250.00+34.41%
11/15/2024TD Cowen
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 Lower TargetBuy ➝ Buy$250.00 ➝ $230.00+23.66%
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
9/12/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$220.00 ➝ $210.00+15.61%
8/16/2024B. Riley
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 Lower TargetBuy ➝ Buy$300.00 ➝ $280.00+32.18%
8/16/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$240.00 ➝ $250.00+18.02%
5/17/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$225.00 ➝ $235.00+10.36%
1/18/2024Bank Of America (Bofa)
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 Boost TargetBuy ➝ Buy$170.00 ➝ $185.00+15.39%
11/22/2023Redburn Atlantic
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 UpgradeNeutral ➝ Buy$175.00+17.25%
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%
6/16/2023New Street Research
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 DowngradeBuy ➝ Neutral
6/13/2023Redburn Partners
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 Initiated CoverageNeutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:19 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, April 9, 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 stock has a consensus target price of $214.67, indicating potential for growth from its current trading levels.
  • Applied Materials, Inc. has received multiple "buy" ratings from analysts, with seventeen analysts recommending the stock, suggesting strong market confidence.
  • Recent upgrades from firms like Jefferies Financial Group, which raised their rating to "buy" with a target price of $195.00, reflect positive sentiment in the market.
  • The company operates in the semiconductor and display industries, which are experiencing significant demand growth, positioning it well for future revenue increases.
  • Insider ownership, although small at 0.24%, can indicate management's confidence in the company's future performance, which may align their interests with those of shareholders.

Applied Materials
Bear Case

red Wall Street bear icon

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

  • Recent insider sales, including a significant transaction by the chief accounting officer, may raise concerns about management's confidence in the stock's short-term performance.
  • Some analysts have lowered their price targets, such as Goldman Sachs reducing theirs from $230.00 to $202.00, which could indicate a more cautious outlook on the stock's growth potential.
  • The presence of one sell rating among analysts suggests that there are differing opinions on the stock's future performance, which could create uncertainty for investors.
  • Market volatility in the semiconductor sector can impact Applied Materials, Inc.'s performance, making it a riskier investment in uncertain economic conditions.
  • With a recent decrease in insider ownership following stock sales, potential investors may question the long-term commitment of management to the company's growth strategy.

AMAT Forecast - Frequently Asked Questions

According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Applied Materials is $210.29, with a high forecast of $280.00 and a low forecast of $164.00.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There is currently 1 sell rating, 5 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 52.98% based on their 12-month stock forecasts.

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

Applied Materials has been rated by research analysts at Bank of America, Barclays, Citigroup, Edward Jones, Jefferies Financial Group, Needham & Company LLC, Stifel Nicolaus, and Susquehanna in the past 90 days.

Analysts like Applied Materials more than other "computer and technology" companies. The consensus rating score for Applied Materials is 2.70 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 4/19/2025 by MarketBeat.com Staff
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