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Applied Materials (AMAT) Stock Forecast & Price Target

Applied Materials logo
$183.07 -0.14 (-0.08%)
As of 04:00 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

Sell
0
Hold
6
Buy
16

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, 6 have given a hold rating, and 16 have given a buy rating for AMAT.

Consensus Price Target

$200.24
9.38% Upside
According to the 22 analysts' twelve-month price targets for Applied Materials, the average price target is $200.24. The highest price target for AMAT is $250.00, while the lowest price target for AMAT is $158.00. The average price target represents a forecasted upside of 9.38% from the current price of $183.07.
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AMAT Analyst Ratings Over Time

TypeCurrent Forecast
6/30/24 to 6/30/25
1 Month Ago
5/31/24 to 5/31/25
3 Months Ago
4/1/24 to 4/1/25
1 Year Ago
7/1/23 to 6/30/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
16 Buy rating(s)
17 Buy rating(s)
19 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$200.24$199.48$214.67$221.84
Forecasted Upside9.38% Upside28.60% Upside47.38% Upside-6.00% 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.
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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
2.73
2.66
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside9.29% Upside98.68% Upside12.42% Upside
News Sentiment Rating
Positive News

See Recent AMAT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/24/2025Cantor Fitzgerald
3 of 5 stars
Matthew Prisco
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Set TargetOverweight ➝ Overweight$200.00 ➝ $220.00+27.94%
6/6/2025Morgan Stanley
3 of 5 stars
Joseph Moore
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UpgradeUnderweight ➝ Equal Weight$162.00 ➝ $158.00-3.77%
5/16/2025Wells Fargo & Company
3 of 5 stars
 Reiterated RatingMixed ➝ Mixed
5/16/2025Mizuho
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Vijay Rakesh
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Lower TargetOutperform ➝ Outperform$205.00 ➝ $195.00+18.43%
5/16/2025Raymond James Financial
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Srini Pajjuri
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Reiterated RatingOutperform ➝ Outperform$225.00 ➝ $200.00+21.82%
5/16/2025Citigroup
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Atif Malik
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Boost TargetBuy ➝ Buy$170.00 ➝ $190.00+16.55%
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%
4/22/2025Barclays
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Tom O'Malley
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Lower TargetEqual Weight ➝ Equal Weight$190.00 ➝ $160.00+15.63%
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%
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%
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
9/12/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$220.00 ➝ $210.00+15.61%
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:39 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 Saturday, June 28, 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 $200, reflecting a strong market position and potential for growth.
  • Applied Materials, Inc. has a low payout ratio of 22.38%, indicating that the company retains a significant portion of its earnings for reinvestment, which can lead to future growth.
  • Recent analyst ratings show a consensus of "Moderate Buy," with many analysts issuing buy ratings, suggesting confidence in the company's future performance.
  • The company operates in the semiconductor industry, which is experiencing robust demand due to advancements in technology and increased reliance on electronic devices.
  • Applied Materials, Inc. has a diversified business model with three segments, allowing it to mitigate risks associated with market fluctuations in any single area.

Applied Materials
Bear Case

red Wall Street bear icon

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

  • Recent price target reductions by several analysts indicate a cautious outlook, with targets being lowered from as high as $250 to around $200.
  • There has been a notable decrease in insider ownership, with only 0.24% of the stock currently held by company insiders, which may raise concerns about management's confidence in the company's future.
  • The semiconductor industry is highly competitive, and Applied Materials, Inc. faces pressure from other companies that could impact its market share and profitability.
  • Market volatility can affect stock performance, and recent fluctuations in the tech sector may pose risks to investors in Applied Materials, Inc.
  • Analysts have issued mixed ratings, with some firms maintaining a "hold" rating, suggesting uncertainty about the stock's short-term performance.

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 $200.24, with a high forecast of $250.00 and a low forecast of $158.00.

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 6 hold ratings and 16 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 9.38% based on their 12-month stock forecasts.

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

Analysts like Applied Materials more than other "computer and technology" companies. The consensus rating score for Applied Materials is 2.73 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 6/30/2025 by MarketBeat.com Staff
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