Applied Materials Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Applied Materials stock have an average target of 569.71, with a low estimate of 425 and a high estimate of 790. The average target predicts a decrease of -9.11% from the current stock price of 626.84.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$425	$569.71	$530	$790
Change	-32.20%	-9.11%	-15.45%	+26.03%

Analyst Ratings

The average analyst rating for Applied Materials stock from 39 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	22	23	23	24	28	28
Buy	5	5	5	5	4	4
Hold	10	9	9	7	8	6
Sell	1	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	38	37	37	36	40	39

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Craig Ellis B. Riley Securities	B. Riley Securities	Buy Reiterates $550 → $790	Buy	Reiterates	$550 → $790	+26.03%	Jun 26, 2026
C J Muse Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $650	Buy	Reiterates	$650	+3.69%	Jun 26, 2026
Joseph Quatrochi Wells Fargo	Wells Fargo	Buy Reiterates $715 → $740	Buy	Reiterates	$715 → $740	+18.05%	Jun 26, 2026
Blayne Curtis Jefferies	Jefferies	Buy Reiterates $510 → $770	Buy	Reiterates	$510 → $770	+22.84%	Jun 26, 2026
Vivek Arya Bank of America Securities	Bank of America Securities	Buy Maintains $540 → $720	Buy	Maintains	$540 → $720	+14.86%	Jun 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

33.39B

from 28.37B

17.69%

from 28.37B

Revenue Next Year

41.87B

from 33.39B

25.39%

from 33.39B

EPS This Year

12.24

from 9.42

29.89%

from 9.42

EPS Next Year

16.30

from 12.24

33.19%

from 12.24

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 31, 2026	Oct 31, 2027
Revenue	23.06B	25.79B	26.52B	27.18B	28.37B	33.39B	41.87B
Revenue Growth	34.07%	11.80%	2.84%	2.49%	4.39%	17.69%	25.39%
EPS	6.40	7.44	8.11	8.61	8.66	13.08	16.42
EPS Growth	63.27%	16.25%	9.01%	6.17%	0.58%	51.05%	25.51%
Forward PE	-	-	-	-	-	47.92	38.18
No. Analysts	-	-	-	-	-	33	34

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	34.1B	46.3B
Avg	33.4B	41.9B
Low	32.9B	35.7B

Revenue Growth

Revenue Growth	2026	2027
High	20.2%	38.7%
Avg	17.7%	25.4%
Low	16.0%	6.8%

EPS Forecast

EPS	2026	2027
High	12.70	19.30
Avg	12.24	16.30
Low	11.51	12.48

EPS Growth

EPS Growth	2026	2027
High	34.9%	57.8%
Avg	29.9%	33.2%
Low	22.2%	2.0%

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.