TICKERNERD
Menu
AMATAMATTechnology · Semiconductor Equipment & Materials

AMAT Stock Forecast: Applied Materials, Inc. Price Predictions for 2026-2027

Last close, 24 Sept 2026
$474
−0.03% on the day

The 39 Wall Street analysts covering Applied Materials, Inc. hold a median 12-month price target of $650 — +37.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 71 of 100 as at 23 Sept 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$376.5B
Ticker Nerd rank
71 / 100
Median analyst target
$650
Analysts covering
39
Revenue$9.1B+24.8% y/y
Operating income$3.1B
Net income$2.5B
Free cash flow$2.3B
Quarterly, 8 quarters to 31 July 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+13.6%
1M
−2.1%
YTD
+85.3%
1Y
+137.0%
From 52W high
−34.3%
From 52W low
+139.2%
$198
$722
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

AMAT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Applied Materials, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 23 Sept 2026
71 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
97
Quality
89
Volatility
84
Momentum
81
Issuance
62
Growth
51
Value
47
Accruals
21
Size
1

Revisions (97): Analysts have, on balance, been raising their forecasts.

Accruals (21): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (1): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

AMAT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on AMAT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$200$400$600$800$1,000Oct 25Jan 26Apr 26Jul 26AMATHigh $900Median $650Low $358

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says39 analysts
32 Buy7 Hold0 Sell
Low $358Median $650High $900

The green dot is the last close — the median target sits +37.1% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
1 Sept 2026UBSMaintainsBuy$675 → $695
25 Aug 2026MizuhoMaintainsOutperform$650 → $590
18 Aug 2026Argus ResearchMaintainsBuy—
14 Aug 2026B of A SecuritiesMaintainsBuy$720 → $650
14 Aug 2026B of A SecuritiesMaintainsBuy—
14 Aug 2026B. Riley SecuritiesReiteratesBuy—
14 Aug 2026B. Riley SecuritiesReiteratesBuy$790 → $700
14 Aug 2026BernsteinMaintainsOutperform—
14 Aug 2026BernsteinMaintainsOutperform$675 → $700
14 Aug 2026Cantor FitzgeraldReiteratesOverweight—
14 Aug 2026Craig-HallumMaintainsBuy—
14 Aug 2026Craig-HallumMaintainsBuy$530 → $585
14 Aug 2026Deutsche BankMaintainsBuy—
14 Aug 2026JP MorganMaintainsOverweight—
14 Aug 2026JP MorganMaintainsOverweight$515 → $660
14 Aug 2026KeybancReiteratesOverweight—
14 Aug 2026Morgan StanleyMaintainsEqual-Weight$646 → $642
14 Aug 2026Morgan StanleyMaintainsEqual-Weight—
14 Aug 2026NeedhamReiteratesBuy$740
14 Aug 2026NeedhamReiteratesBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AMAT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

AMAT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 24 Sept 2026, Applied Materials, Inc. returned +137.0% against +17.4% for the S&P 500, dividends included.

AMAT vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250300350Oct 25Jan 26Apr 26Jul 26AMATS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

AMAT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+4.6%
Analysts raising
29
Analysts cutting
1
Fundamentals

Applied Materials, Inc. (AMAT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
40.9×

Cheaper than 19% of US stocks

Price / sales
12.2×

Cheaper than 13% of US stocks

Price / book
14.6×

Cheaper than 7% of US stocks

EV / EBITDA
36.9×

Cheaper than 7% of US stocks

Growth & margins
Revenue growth (YoY)
24.8%

Higher than 74% of US stocks

Earnings growth (YoY)
42.7%

Higher than 72% of US stocks

Gross margin
50.3%

Higher than 62% of US stocks

Operating margin
33.7%

Higher than 89% of US stocks

Net margin
30.1%

Higher than 89% of US stocks

Returns & dividend
Return on equity
41.1%

Higher than 91% of US stocks

Return on assets
15.5%

Higher than 97% of US stocks

Dividend yield
0.4%

Higher than 8% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Applied Materials, Inc. (AMAT) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Applied Materials, Inc. has a market value of $376.5B and an enterprise value of $374.6B.

  • Revenue in the twelve months to 31 July 2026: $30.8B. The latest quarter grew 24.8% year on year.

  • Net income over the same four quarters: $9.3B, a 30.1% net margin.

  • Diluted earnings per share, trailing twelve months: $11.60.

  • Free cash flow in the twelve months to 31 July 2026: $5.6B, after $2.8B of capital spending.

  • Applied Materials, Inc. spent $2.0B on share buybacks and $1.5B on dividends in the twelve months to 31 July 2026.

  • Shares outstanding: 793.6M.

  • Trailing P/E: 40.9×; forward P/E: 25.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.45%, paying out 16% of earnings.

  • Applied Materials, Inc. employs 38,900 people — $793K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 July 2026 · market figures as at 24 Sept 2026

Data provided by Twelve Data

Peers

AMAT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSemiconductor Equipment & Materials
CompanyMarket capTKN rank
AMATApplied Materials, Inc.$376.5B
71
LRCXLam Research Corp.$387.5B
83
KLACKLA Corp.$245.4B
67
TERTeradyne, Inc.$60.8B
79
QQnity Electronics, Inc.$26.1B
25
ENTGEntegris, Inc.$23.0B
74
DELLDell Technologies, Inc.*$349.6B
95

* Nearest Technology names by size — few semiconductor equipment & materials companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Applied Materials, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest AMAT news & analysis

3 Top Chip Equipment Stocks to Buy as AI Demand Fuels BofA Optimism

Zacks Investment Research · 23 Sept 2026positive

Bank of America raised its chip equipment spending forecasts, citing surging AI, memory and packaging demand, and named Applied Materials, Lam Research and KLA among the companies positioned to benefit. The outlook was reported by Zacks Investment Research.

Why it matters — For Applied Materials investors, an uplift in industry capital spending forecasts and strong AI-, memory- and packaging-driven demand points to a favorable environment for the company's equipment sales.

Wall Street Bulls Look Optimistic About Applied Materials (AMAT): Should You Buy?

Zacks Investment Research · 23 Sept 2026neutral

Zacks Investment Research published a piece examining whether sell-side analyst recommendations influence Applied Materials' stock price, opening with a question about whether investors should buy, sell, or hold the stock. The article focuses on the broader debate over the relevance of brokerage-firm analyst rating changes.

Why it matters — Applied Materials watchers would care because this piece discusses how analyst rating changes might affect the company's stock price and how investors should weigh such recommendations.

New ETF Bets on the Machinery Behind AI Chipmaking

ETF Trends · 22 Sept 2026positive

REX Advisers will launch the REX AI Chipmaking ETF (CHIP) on Nasdaq, an exchange-traded fund that invests in the equipment makers that build the physical machinery for AI chips rather than the chip designers themselves.

Why it matters — This ETF is focused squarely on chip-equipment makers, so it represents a dedicated vehicle that could bring new investor attention and capital flows toward companies like AMAT.

Applied Materials: Opportunity Is Brewing Again (Rating Upgrade)

Seeking Alpha · 22 Sept 2026positive

Seeking Alpha reports that Applied Materials has been upgraded to a buy, citing a valuation correction alongside strengthened fundamentals. The piece notes AI-driven demand is accelerating growth, with Q3 revenue up 25% year-over-year, robust Q4 guidance implying 51% growth, and continuing margin expansion.

Why it matters — AMAT watchers would care because the article highlights an improved risk/reward setup driven by AI-fueled demand and strong financial performance.

Here is What to Know Beyond Why Applied Materials, Inc. (AMAT) is a Trending Stock

Zacks Investment Research · 22 Sept 2026neutral

Applied Materials (AMAT) has recently been one of the most-watched stocks among Zacks.com users. The piece notes that it is worth exploring what lies ahead for the company.

Why it matters — AMAT watchers would care because the stock is drawing elevated attention from investors, prompting a look at what may be next for the company.

FAQ

Frequently asked questions about AMAT stock

What is the AMAT stock price forecast for 2026-2027?

The 39 Wall Street analysts covering Applied Materials, Inc. have a median 12-month price target of $650, with estimates ranging from $358 to $900. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is AMAT stock a buy right now?

Of the 39 analysts covering Applied Materials, Inc., 32 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Applied Materials, Inc. 71 out of 100 across roughly 4,600 US stocks as at 23 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AMAT?

As at 23 Sept 2026, Applied Materials, Inc. ranks 71 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (97 of 100).

Will AMAT stock go up?

No one can know that. What the data says: the median 12-month target from 39 analysts implies +37.1% from the last close, and Ticker Nerd's factor model ranks Applied Materials, Inc. 71 out of 100 as at 23 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the AMAT stock forecast for 2030?

No analyst covering Applied Materials, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AMAT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $358 to $900 over the next 12 months.

How has AMAT stock performed over the past year?

Applied Materials, Inc. returned +137.0% over the 12 months to 24 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Applied Materials, Inc. do?

Applied Materials Inc. is a semiconductor equipment and materials engineering company that provides manufacturing tools, software, and services used to produce chips and advanced display technologies.

What is the latest news on AMAT?

The most recent item we track (Zacks Investment Research, 23 Sept 2026): "3 Top Chip Equipment Stocks to Buy as AI Demand Fuels BofA Optimism". Bank of America raised its chip equipment spending forecasts, citing surging AI, memory and packaging demand, and named Applied Materials, Lam Research and KLA among the companies positioned to benefit. The outlook was reported by Zacks Investment Research.

Company

About Applied Materials, Inc.

Applied Materials Inc. is a semiconductor equipment and materials engineering company that provides manufacturing tools, software, and services used to produce chips and advanced display technologies. The company serves semiconductor manufacturers across key process steps such as deposition, etching, metrology, and inspection, helping customers build and refine the components that power computing, mobile devices, data centers, and artificial intelligence systems. Applied Materials also supplies solutions for display production and related electronic applications, making it an important technology partner across the broader electronics manufacturing supply chain. With a focus on process efficiency, precision, and materials innovation, Applied Materials Inc. plays a central role in enabling the production of modern semiconductor and display products worldwide.

CEO Mr. Gary E. Dickerson · 38,900 employees · United States · https://www.appliedmaterials.com