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DIS   113.88 (+0.82%)
AMC   2.72 (+10.12%)
PFE   25.69 (-0.85%)
PYPL   63.43 (-0.13%)
XOM   118.69 (-0.83%)
QQQ   431.10 (+0.01%)
AAPL   169.38 (-1.92%)
MSFT   414.58 (+0.23%)
META   499.76 (-0.09%)
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AMZN   183.32 (-0.16%)
TSLA   157.11 (-2.71%)
NVDA   874.15 (+1.64%)
AMD   163.46 (+1.96%)
NIO   3.81 (-2.06%)
BABA   69.61 (-1.43%)
T   16.09 (-0.92%)
F   12.09 (-1.14%)
MU   121.77 (+0.33%)
GE   156.76 (+1.99%)
CGC   6.70 (-4.01%)
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Applied Materials (AMAT) Stock Forecast & Price Target

$209.48
+3.80 (+1.85%)
(As of 04:32 PM ET)

Applied Materials Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 26 Analyst Ratings

Analysts' Consensus Price Target

$201.50
-3.81% Downside
High Forecast$260.00
Average Forecast$201.50
Low Forecast$140.00
TypeCurrent Forecast
4/17/23 to 4/16/24
1 Month Ago
3/18/23 to 3/17/24
3 Months Ago
1/17/23 to 1/17/24
1 Year Ago
4/17/22 to 4/17/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
19 Buy rating(s)
18 Buy rating(s)
18 Buy rating(s)
20 Buy rating(s)
Hold
6 Hold rating(s)
7 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$201.50$191.83$165.88$129.31
Predicted Upside-3.81% Downside13.76% Upside18.09% Upside21.27% Upside
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AMAT Analyst Ratings 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
2.69
2.58
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-3.39% Downside116.81% Upside12.06% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/16/2024Evercore ISI
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 Initiated CoverageOutperform$260.00+26.41%
4/11/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageHold$225.00+7.53%
4/8/2024Cantor Fitzgerald
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C. Muse
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UpgradeNeutral ➝ Overweight$220.00 ➝ $260.00+25.09%
3/5/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$185.00 ➝ $235.00+11.72%
2/16/2024Mizuho
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 Boost TargetBuy ➝ Buy$185.00 ➝ $225.00+12.74%
2/16/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$156.00 ➝ $220.00+8.80%
2/16/2024Citigroup
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 Boost TargetBuy ➝ Buy$170.00 ➝ $211.00+3.97%
2/16/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$175.00 ➝ $230.00+16.02%
2/16/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$180.00 ➝ $225.00+13.49%
2/16/2024Susquehanna
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 Boost TargetNeutral ➝ Neutral$138.00 ➝ $160.00-14.74%
2/16/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$180.00 ➝ $240.00+27.89%
2/16/2024TD Cowen
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 Boost TargetOutperform$185.00 ➝ $245.00+30.56%
2/12/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$142.00 ➝ $190.00+2.40%
2/12/2024B. Riley
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 Boost TargetBuy ➝ Buy$175.00 ➝ $220.00+17.52%
1/18/2024Bank Of America (Bofa)
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 Boost TargetBuy ➝ Buy$170.00 ➝ $185.00+15.39%
1/16/2024Barclays
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 Boost TargetUnderweight ➝ Underweight$120.00 ➝ $140.00-8.57%
11/22/2023Redburn Atlantic
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 UpgradeNeutral ➝ Buy$175.00+17.25%
11/17/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$165.00 ➝ $170.00+15.86%
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%
8/18/2023Sanford C. Bernstein
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 Boost TargetOutperform ➝ Outperform$150.00 ➝ $175.00+27.19%
8/18/2023Bank of America
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 Boost Target$165.00 ➝ $175.00+27.19%
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
5/19/2023Wells Fargo & Company
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 Boost TargetOverweight$135.00 ➝ $150.00+15.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:54 PM ET.

AMAT Price Target - Frequently Asked Questions

What is Applied Materials's consensus rating and price target?

According to the issued ratings of 26 analysts in the last year, the consensus rating for Applied Materials stock is Moderate Buy based on the current 1 sell rating, 6 hold ratings and 19 buy ratings for AMAT. The average twelve-month price prediction for Applied Materials is $201.50 with a high price target of $260.00 and a low price target of $140.00. Learn more on AMAT's analyst rating history.

Do Wall Street analysts like Applied Materials more than its competitors?

Analysts like Applied Materials more than other Computer and Technology companies. The consensus rating score for Applied Materials is 2.69 while the average consensus rating score for computer and technology companies is 2.58. Learn more on how AMAT compares to other companies.

Is Applied Materials being upgraded by Wall Street analysts?

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

Does Applied Materials's stock price have much upside?

According to analysts, Applied Materials's stock has a predicted upside of 14.95% based on their 12-month stock forecasts.


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This page (NASDAQ:AMAT) was last updated on 4/16/2024 by MarketBeat.com Staff

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