Applied Materials (AMAT) Stock Forecast & Price Target

$171.98 -4.03 (-2.29%)

Closing price 02/21/2025 04:00 PM Eastern

Extended Trading

$171.98 +0.01 (+0.00%)

As of 02/21/2025 07:54 PM Eastern

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

Moderate Buy

Based on 22 Analyst Ratings

Sell
1

Hold
6

Buy
15

Based on 22 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 22 analysts, 1 has given a sell rating, 6 have given a hold rating, and 15 have given a buy rating for AMAT.

Consensus Price Target

$215.38
25.24% Upside

According to the 22 analysts' twelve-month price targets for Applied Materials, the average price target is $215.38. 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 25.24% from the current price of $171.98.

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AMAT Analyst Ratings Over Time

Type	Current Forecast 2/23/24 to 2/22/25	1 Month Ago 1/24/24 to 1/23/25	3 Months Ago 11/25/23 to 11/24/24	1 Year Ago 2/23/23 to 2/23/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	15 Buy rating(s)	15 Buy rating(s)	14 Buy rating(s)	19 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$215.38	$218.71	$222.05	$193.00
Forecasted Upside	25.24% Upside	14.69% Upside	26.97% Upside	-2.11% Downside
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.

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.

Applied Materials Stock vs. The Competition

Type	Applied Materials	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.64	2.68	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	25.24% Upside	56.75% Upside	14.37% Upside
News Sentiment Rating	Positive News See Recent AMAT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/18/2025	Citigroup 3 of 5 stars	Atif Malik Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$194.00 ➝ $202.00	+17.53%
2/14/2025	Needham & Company LLC 2 of 5 stars	Charles Shi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$200.00 ➝ $195.00	+5.82%
2/14/2025	Barclays 3 of 5 stars	Tom O'Malley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$200.00 ➝ $190.00	+3.11%
2/11/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brian Chin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$250.00 ➝ $235.00	+28.63%
1/22/2025	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mehdi Hosseini Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$155.00 ➝ $165.00	-17.10%
1/17/2025	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Steve Barger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight	$225.00 ➝ $225.00	+20.66%
1/13/2025	Wells 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 Target	Overweight ➝ Overweight	$210.00 ➝ $200.00	+17.48%
1/10/2025	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$220.00 ➝ $210.00	+22.74%
1/10/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Toshiya Hari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$230.00 ➝ $202.00	+17.82%
12/5/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Underweight	$179.00 ➝ $164.00	-9.47%
Get the Latest News and Ratings for AMAT and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Applied Materials and its competitors with MarketBeat's FREE daily newsletter.
11/29/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$220.00 ➝ $210.00	+22.58%
11/15/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$250.00 ➝ $250.00	+44.53%
11/15/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$220.00 ➝ $210.00	+12.90%
11/15/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$260.00 ➝ $250.00	+34.41%
11/15/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$250.00 ➝ $230.00	+23.66%
11/15/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$220.00 ➝ $200.00	+7.53%
9/16/2024	Dbs Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Au Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
9/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$220.00 ➝ $210.00	+15.61%
8/16/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$300.00 ➝ $280.00	+32.18%
8/16/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$240.00 ➝ $250.00	+18.02%
5/17/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$225.00 ➝ $235.00	+10.36%
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$215.00 ➝ $210.00	+0.13%
1/18/2024	Bank Of America (Bofa) Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$170.00 ➝ $185.00	+15.39%
11/22/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$175.00	+17.25%
9/14/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$185.00	+27.97%
8/18/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$139.00 ➝ $160.00	+16.29%
8/18/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$150.00 ➝ $175.00	+27.19%
6/16/2023	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
6/13/2023	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
4/6/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$133.00	+13.37%
3/1/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
2/24/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$279.00 ➝ $271.00	+140.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:20 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 Thursday, February 20, 2025. Please send any questions or comments about these Applied Materials pros and cons to contact@marketbeat.com.

Applied Materials
Bull Case

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

Applied Materials, Inc. recently reported earnings per share (EPS) of $2.38, exceeding analysts' expectations of $2.28, indicating strong financial performance and effective management.
The stock is currently priced at $174.06, which may present a buying opportunity for investors looking to enter at a lower price point compared to its one-year high of $255.89.
With a consensus target price of $215.38, there is potential for significant upside, suggesting that analysts are optimistic about the company's future performance.
The company has a solid return on equity of 39.50%, reflecting its ability to generate profit from shareholders' equity, which is a positive indicator for investors.
Applied Materials, Inc. has a dividend yield of 0.92% with a payout ratio of 20.92%, indicating a commitment to returning value to shareholders while maintaining a healthy balance for reinvestment in growth.

Applied Materials
Bear Case

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

Despite recent upgrades, one analyst has rated the stock with a sell rating, indicating some skepticism about its future performance.
The stock has a beta of 1.53, suggesting higher volatility compared to the market, which could lead to greater risk for investors.
Applied Materials, Inc. has a price-to-earnings (P/E) ratio of 22.75, which may be considered high, indicating that the stock could be overvalued relative to its earnings.
The company operates in a highly competitive semiconductor industry, which can be subject to rapid technological changes and market fluctuations, posing risks to its market position.
Recent price target reductions by some analysts, such as the decrease from $200.00 to $195.00, may signal concerns about the company's growth prospects in the near term.

AMAT Forecast - Frequently Asked Questions

: According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Applied Materials is $215.38, with a high forecast of $280.00 and a low forecast of $164.00.
: 22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There is currently 1 sell rating, 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AMAT shares.
: According to analysts, Applied Materials's stock has a predicted upside of 25.24% based on their 12-month stock forecasts.
: Over the previous 90 days, Applied Materials's stock had 1 upgrade by analysts.
: Applied Materials has been rated by research analysts at Barclays, Citigroup, KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Applied Materials less than other "computer and technology" companies. The consensus rating score for Applied Materials is 2.64 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how AMAT compares to other companies.

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This page (NASDAQ:AMAT) was last updated on 2/22/2025 by MarketBeat.com Staff

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Applied Materials (AMAT) Stock Forecast & Price Target