Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
346.53
-11.23 (-3.14%)
At close: Mar 5, 2026, 4:00 PM EST
345.52
-1.01 (-0.29%)
After-hours: Mar 5, 2026, 4:36 PM EST

Applied Materials Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Applied Materials stock have an average target of 334.57, with a low estimate of 170 and a high estimate of 450. The average target predicts a decrease of -3.45% from the current stock price of 346.53.

Analyst Consensus: Buy
Target Low Average Median High
Price $170 $334.57 $390 $450
Change -50.94% -3.45% +12.54% +29.86%

Analyst Ratings

The average analyst rating for Applied Materials stock from 28 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 8999910
Buy 111111101313
Hold 988855
Sell 000000
Strong Sell 000000
Total 282828272728

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$420$432
Buy Maintains $420$432 +24.66% Feb 25, 2026
Barclays
Barclays
Buy
Maintains
$360$450
Buy Maintains $360$450 +29.86% Feb 17, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$400$420
Strong Buy Maintains $400$420 +21.20% Feb 13, 2026
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$310$390
Strong Buy Maintains $310$390 +12.54% Feb 13, 2026
Stifel
Stifel
Strong Buy
Maintains
$340$450
Strong Buy Maintains $340$450 +29.86% Feb 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
31.49B
from 28.37B
Increased by 10.99%
Revenue Next Year
37.52B
from 31.49B
Increased by 19.16%
EPS This Year
9.82
from 8.66
Increased by 13.35%
EPS Next Year
12.27
from 9.82
Increased by 25.04%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Oct 31, 2021 Oct 30, 2022 Oct 29, 2023 Oct 27, 2024 Oct 26, 2025 Oct 26, 2026 Oct 26, 2027
Revenue
23.06B25.79B26.52B27.18B28.37B31.49B37.52B
Revenue Growth
34.07%11.80%2.84%2.49%4.39%10.99%19.16%
EPS
6.407.448.118.618.669.8212.27
EPS Growth
63.27%16.25%9.01%6.17%0.58%13.35%25.04%
Forward PE
-----35.3028.23
No. Analysts -----3837
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 34.9B 43.8B
Avg 31.5B 37.5B
Low 27.9B 31.6B

Revenue Growth

Revenue Growth 20262027202820292030
High
23.1%
39.0%
Avg
11.0%
19.2%
Low
-1.6%
0.5%

EPS Forecast

EPS 20262027202820292030
High 11.11 16.13
Avg 9.82 12.27
Low 8.80 9.82

EPS Growth

EPS Growth 20262027202820292030
High
28.3%
64.3%
Avg
13.4%
25.0%
Low
1.6%
0.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.