Applied Materials (AMAT) Stock Forecast & Price Target $218.19 -1.29 (-0.59%) Closing price 04:00 PM EasternExtended Trading$219.38 +1.19 (+0.55%) As of 07:59 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. Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock Applied Materials - Analysts' Recommendations and Stock Price Forecast (2025) How MarketBeat Calculates Price Target and Consensus Rating Consensus Rating Moderate BuyBased on 31 Analyst RatingsSell1Hold12Buy18 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, 12 have given a hold rating, and 18 have given a buy rating for AMAT. Consensus Price Target $204.54-6.26% Downside According to the 31 analysts' twelve-month price targets for Applied Materials, the average price target is $204.54. The highest price target for AMAT is $265.00, while the lowest price target for AMAT is $150.00. The average price target represents a forecasted downside of -6.26% from the current price of $218.19. 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. Get the Latest News and Ratings for AMAT and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Applied Materials and its competitors. 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AMAT Analyst Ratings Over TimeTypeCurrent Forecast10/14/24 to 10/14/251 Month Ago9/14/24 to 9/14/253 Months Ago7/16/24 to 7/16/251 Year Ago10/15/23 to 10/14/24Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy18 Buy rating(s)16 Buy rating(s)17 Buy rating(s)15 Buy rating(s)Hold12 Hold rating(s)14 Hold rating(s)8 Hold rating(s)7 Hold rating(s)Sell1 Sell rating(s)1 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$204.54$192.92$204.74$229.14Forecasted Upside-6.26% Downside14.97% Upside5.10% Upside7.13% UpsideConsensus RatingModerate BuyHoldModerate BuyModerate Buy AMAT Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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 MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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 CompetitionTypeApplied MaterialsComputer and Technology CompaniesS&P 500Consensus Rating Score 2.55 2.31 2.52Consensus RatingModerate BuyHoldModerate BuyPredicted Upside-6.26% Downside56.85% Upside12.87% UpsideNews Sentiment RatingPositive NewsSee Recent AMAT NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalystActionRatingPrice TargetReport Date Upside/DownsideDetails10/13/2025Stifel Nicolaus4 of 5 starsBrian Chin Not RatedBoost TargetBuy$180.00 ➝ $215.00+2.41%10/13/2025Bank of America4 of 5 starsVivek Arya4 of 5 starsUpgradeNeutral ➝ Buy$180.00 ➝ $250.00+19.08%10/10/2025KeyCorp3 of 5 starsSteve Barger Not RatedBoost TargetOverweight$220.00 ➝ $240.00+8.94%10/10/2025B. RileySubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingCraig EllisSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetBuy$200.00 ➝ $265.00+20.29%10/9/2025The Goldman Sachs GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJames SchneiderSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetBuy$215.00 ➝ $250.00+14.08%10/8/2025Wells Fargo & CompanySubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJoseph QuatrochiSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOverweight$240.00 ➝ $250.00+18.17%10/8/2025Weiss RatingsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Reiterated RatingHold (C)10/3/2025Cantor FitzgeraldSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingC.J. MuseSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingReiterated RatingOverweight$225.00+0.63%9/22/2025Morgan StanleySubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJoseph MooreSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeEqual Weight ➝ Overweight$172.00 ➝ $209.00+9.94%9/12/2025MizuhoSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingVijay RakeshSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingReiterated RatingOutperform ➝ Neutral$200.00 ➝ $175.00+2.85% Get the Latest News and Ratings for AMAT and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Applied Materials and its competitors with MarketBeat's FREE daily newsletter. 8/20/2025Daiwa AmericaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeStrong-Buy ➝ Hold8/20/2025Daiwa Capital MarketsSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingLouis MisciosciaSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingReiterated RatingOutperform ➝ Neutral$185.00 ➝ $170.00+4.80%8/15/2025Cfra ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeHold8/15/2025Deutsche Bank AktiengesellschaftSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingSidney HoSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetHold$200.00 ➝ $170.00+4.83%8/15/2025CitigroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingAtif MalikSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetBuy$220.00 ➝ $205.00+24.94%8/15/2025UBS GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingTimothy ArcuriSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetNeutral$185.00 ➝ $180.00+9.52%8/15/2025JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the firm's recommendation accuracy ratingHarlan SurSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetOverweight$210.00 ➝ $220.00+16.87%8/15/2025TD CowenSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetBuy$220.00 ➝ $200.00+6.25%8/15/2025DZ BankSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeHold ➝ Sell$150.00-20.31%8/15/2025Summit InsightsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeBuy ➝ Hold8/15/2025Evercore ISISubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMark LipacisSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingReiterated RatingOutperform$209.00+11.03%8/15/2025Wolfe ResearchSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingChris CasoSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingLower TargetOutperform$230.00 ➝ $200.00+6.25%7/28/2025BarclaysSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingTom O'MalleySubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetEqual Weight$160.00 ➝ $170.00-8.45%7/7/2025Redburn AtlanticSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingTimm Schulze-MelanderSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingDowngradeStrong-Buy ➝ Hold$225.00 ➝ $200.00+4.83%7/7/2025Rothschild & Co RedburnSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeBuy ➝ Neutral$200.00+4.79%5/16/2025Raymond James FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingSrini PajjuriSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingReiterated RatingOutperform$225.00 ➝ $200.00+21.82%5/16/2025Needham & Company LLCSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingCharles ShiSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingReiterated RatingBuy$195.00 ➝ $195.00+11.59%3/28/2025Jefferies Financial GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingBlayne CurtisSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeHold ➝ Buy$195.00+32.04%3/12/2025Edward JonesSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingL. PurkSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeHold ➝ Buy1/22/2025SusquehannaSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingMehdi HosseiniSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingBoost TargetNeutral$155.00 ➝ $165.00-17.10%11/29/2024Sanford C. BernsteinSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetOutperform$220.00 ➝ $210.00+22.58%9/16/2024Dbs BankSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingJ. AuSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingDowngradeStrong-Buy ➝ Hold1/18/2024Bank Of America (Bofa)Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuy$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 Tuesday at 11:21 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 Sunday, October 12, 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.: The company recently reported earnings per share (EPS) of $2.48, exceeding analysts' expectations, which indicates strong financial performance and potential for growth. Applied Materials, Inc. has a robust revenue of approximately $7.30 billion for the latest quarter, reflecting a year-over-year increase, suggesting a healthy demand for its products and services. The current stock price is around $200, which is considered attractive given the company's strong fundamentals and growth prospects in the semiconductor industry. With a net margin of nearly 24%, the company demonstrates effective cost management and profitability, which can lead to higher returns for investors. The firm has a dividend yield of about 0.9%, providing a steady income stream for investors, along with a reasonable payout ratio of approximately 21.93%, indicating sustainability in dividend payments. Applied Materials Bear Case Investors should be bearish about investing in Applied Materials, Inc. for these reasons: Recent analyst ratings have shown mixed sentiments, with some firms lowering their price targets, which may indicate concerns about future performance. Despite strong earnings, the stock has faced downward adjustments in price targets from various analysts, suggesting potential volatility and uncertainty in the market. The semiconductor industry is highly competitive and subject to rapid technological changes, which could impact Applied Materials, Inc.'s market position and profitability. With a significant portion of revenue tied to the semiconductor sector, any downturn in this industry could adversely affect the company's financial health. Market conditions and economic factors, such as inflation and supply chain disruptions, could pose risks to the company's growth trajectory and overall performance. AMAT Forecast - Frequently Asked Questions What is Applied Materials' forecast for 2025? According to the research reports of 31 Wall Street equities research analysts, the average twelve-month stock price forecast for Applied Materials is $204.54, with a high forecast of $265.00 and a low forecast of $150.00. Should I buy or sell Applied Materials stock right now? 31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There is currently 1 sell rating, 12 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AMAT shares. Does Applied Materials's stock price have much downside? According to analysts, Applied Materials's stock has a predicted downside of -6.26% based on their 12-month stock forecasts. Has Applied Materials been upgraded or downgraded by Wall Street analysts recently? Over the previous 90 days, Applied Materials's stock had 3 upgrades and 3 downgrades by analysts. What analysts cover Applied Materials? Applied Materials has been rated by research analysts at B. Riley, Bank of America, Barclays, Cantor Fitzgerald, Cfra Research, Citigroup, Daiwa America, Daiwa Capital Markets, Deutsche Bank Aktiengesellschaft, DZ Bank, Evercore ISI, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Stifel Nicolaus, Summit Insights, TD Cowen, The Goldman Sachs Group, UBS Group, Weiss Ratings, Wells Fargo & Company, and Wolfe Research in the past 90 days. 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 for Applied Materials is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how AMAT compares to other companies. 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