Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
381.11
-23.75 (-5.87%)
At close: Apr 28, 2026, 4:00 PM EDT
381.51
+0.40 (0.10%)
After-hours: Apr 28, 2026, 4:39 PM EDT

Applied Materials Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Applied Materials stock have an average target of 339.39, with a low estimate of 170 and a high estimate of 500. The average target predicts a decrease of -10.95% from the current stock price of 381.11.

Analyst Consensus: Buy
Target Low Average Median High
Price $170 $339.39 $390 $500
Change -55.39% -10.95% +2.33% +31.20%

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 Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 999101010
Buy 111013131313
Hold 885555
Sell 000000
Strong Sell 000000
Total 282727282828

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$450$485
Strong Buy Maintains $450$485 +27.26% Apr 13, 2026
Susquehanna
Susquehanna
Buy
Maintains
$435$500
Buy Maintains $435$500 +31.20% Apr 9, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$420$432
Buy Maintains $420$432 +13.35% Feb 25, 2026
Barclays
Barclays
Buy
Maintains
$360$450
Buy Maintains $360$450 +18.08% Feb 17, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$400$420
Strong Buy Maintains $400$420 +10.20% Feb 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
31.97B
from 28.37B
Increased by 12.68%
Revenue Next Year
38.38B
from 31.97B
Increased by 20.07%
EPS This Year
11.21
from 8.66
Increased by 29.48%
EPS Next Year
14.25
from 11.21
Increased by 27.12%
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
23.06B25.79B26.52B27.18B28.37B31.97B38.38B
Revenue Growth
34.07%11.80%2.84%2.49%4.39%12.68%20.07%
EPS
6.407.448.118.618.6611.2114.25
EPS Growth
63.27%16.25%9.01%6.17%0.58%29.48%27.12%
Forward PE
-----33.9926.74
No. Analysts -----3938
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 35.1B 43.8B
Avg 32.0B 38.4B
Low 27.9B 33.3B

Revenue Growth

Revenue Growth 20262027202820292030
High
23.8%
36.9%
Avg
12.7%
20.1%
Low
-1.6%
4.2%

EPS Forecast

EPS 20262027202820292030
High 12.09 17.62
Avg 11.21 14.25
Low 9.08 10.82

EPS Growth

EPS Growth 20262027202820292030
High
39.6%
57.1%
Avg
29.5%
27.1%
Low
4.9%
-3.5%
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.