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AMAT Stock Forecast 2026-2027
$396.94
Current Price
$315.02B
Market Cap
Buy 29
Hold 7
Sell 0
Wall St Analyst Ratings
Distance to AMAT Price Targets
+26.0%
To High Target of $500.00
+7.7%
To Median Target of $427.50
-29.5%
To Low Target of $280.00
AMAT Price Momentum
+0.3%
1 Week Change
+11.2%
1 Month Change
+188.8%
1 Year Change
+54.5%
Year-to-Date Change
-2.5%
From 52W High of $407.29
+198.9%
From 52W Low of $132.80
📊 TOP ANALYST CALLS
Did AMAT Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Applied Materials is one of their latest high-conviction picks.
Latest AMAT Stock Price Targets & Analyst Predictions
Based on our analysis of 52 Wall Street analysts, AMAT has a bullish consensus with a median price target of $427.50 (ranging from $280.00 to $500.00). The overall analyst rating is Strong Buy (8.9/10). Currently trading at $396.94, the median forecast implies a 7.7% upside. This outlook is supported by 29 Buy, 7 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Mehdi Hosseini at Susquehanna, projecting a 26.0% upside. Conversely, the most conservative target is provided by Craig Ellis at B. Riley Securities, suggesting a 29.5% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
AMAT Analyst Ratings
29
Buy
7
Hold
0
Sell
AMAT Price Target Range
Low
$280.00
Average
$427.50
High
$500.00
Current: $396.94
Latest AMAT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for AMAT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 13, 2026 | B. Riley Securities | Craig Ellis | Buy | Maintains | $485.00 |
| Apr 9, 2026 | Susquehanna | Mehdi Hosseini | Positive | Maintains | $500.00 |
| Feb 25, 2026 | Morgan Stanley | Shane Brett | Overweight | Maintains | $432.00 |
| Feb 17, 2026 | Barclays | Tom O'Malley | Overweight | Maintains | $450.00 |
| Feb 13, 2026 | Mizuho | Vijay Rakesh | Outperform | Maintains | $410.00 |
| Feb 13, 2026 | TD Cowen | Krish Sankar | Buy | Maintains | $450.00 |
| Feb 13, 2026 | Citigroup | Atif Malik | Buy | Maintains | $420.00 |
| Feb 13, 2026 | Keybanc | Steve Barger | Overweight | Maintains | $450.00 |
| Feb 13, 2026 | Goldman Sachs | James Schneider | Buy | Maintains | $390.00 |
| Feb 13, 2026 | Needham | Charles Shi | Buy | Maintains | $440.00 |
| Feb 13, 2026 | Stifel | Brian Chin | Buy | Maintains | $450.00 |
| Feb 13, 2026 | Wells Fargo | Joe Quatrochi | Overweight | Maintains | $435.00 |
| Feb 13, 2026 | B. Riley Securities | Craig Ellis | Buy | Reiterates | $450.00 |
| Feb 10, 2026 | RBC Capital | Srini Pajjuri | Outperform | Reiterates | $385.00 |
| Feb 4, 2026 | Citigroup | Atif Malik | Buy | Maintains | $400.00 |
| Feb 2, 2026 | Morgan Stanley | Shane Brett | Overweight | Maintains | $364.00 |
| Jan 28, 2026 | Mizuho | Vijay Rakesh | Outperform | Upgrade | $370.00 |
| Jan 23, 2026 | Deutsche Bank | Melissa Weathers | Buy | Upgrade | $390.00 |
| Jan 20, 2026 | Needham | Charles Shi | Buy | Maintains | $390.00 |
| Jan 16, 2026 | Keybanc | Steve Barger | Overweight | Maintains | $380.00 |
Applied Materials, Inc. (AMAT) Competitors
The following stocks are similar to Applied Materials based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
AMAT
Applied Materials
mkt cap
315.02B
Applied Materials, Inc. (AMAT) Financial Data
Applied Materials, Inc. has a market capitalization of $315.02B with a P/E ratio of 40.7x. The company generates $28.21B in trailing twelve-month revenue with a 27.8% profit margin.
Revenue growth is -2.1% quarter-over-quarter, while maintaining an operating margin of +29.9% and return on equity of +38.9%.
Valuation Metrics
Market Cap
$315.02B
Enterprise Value
$313.69B
P/E Ratio
40.7x
PEG Ratio
0.5x
Price/Sales
11.2x
Growth & Margins
Revenue Growth (YoY)
-2.1%
Gross Margin
+49.0%
Operating Margin
+29.9%
Net Margin
+27.8%
EPS Growth
+71.0%
Financial Health
Cash/Price Ratio
+2.7%
Current Ratio
2.7x
Debt/Equity
33.1x
ROE
+38.9%
ROA
+14.8%
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Applied Materials, Inc. (AMAT) Business Model
About Applied Materials, Inc.
What They Do
Provides manufacturing equipment for semiconductors and displays.
Business Model
The company generates revenue primarily by selling capital equipment for semiconductor chip fabrication and related services. It operates through multiple segments, including Semiconductor Systems, Applied Global Services, and Display, which collectively enhance factory performance and support the production of essential electronic components.
Additional Information
Founded in 1967 and headquartered in Santa Clara, California, Applied Materials is the second-largest supplier of semiconductor equipment globally by revenue. With around 35,700 employees, the company plays a critical role in the semiconductor supply chain and is involved in innovative sectors such as renewable energy and advanced packaging applications.
Company Information
Sector
Technology
Industry
Semiconductor Equipment & Materials
Employees
35,500
CEO
Mr. Gary E. Dickerson
Country
United States
IPO Year
1984
Website
www.appliedmaterials.comApplied Materials, Inc. (AMAT) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Taiwan Semiconductor Q1 Earnings Beat Estimates, Revenues Rise Y/Y
TSM tops Q1 estimates with 64% EPS growth and 40% revenue surge, driven by strong AI and HPC demand, while guiding higher for Q2.
Apr 17, 2026
By Zacks Equity Research
Analyst Blog
Applied Materials (AMAT) Is Up 14.64% in One Week: What You Should Know
Does Applied Materials (AMAT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Apr 16, 2026
By Zacks Equity Research
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ASML Holding Q1 Earnings Beat Estimates, Revenues Rise Y/Y
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Apr 16, 2026
By Zacks Equity Research
Analyst Blog
Latest News
Quick Summary
Applied Materials (AMAT) is being evaluated for its potential as a top stock choice for momentum investors. Further analysis will determine its suitability.
Why It Matters
The inquiry into Applied Materials' potential as a top stock for momentum investors signals market interest and could influence stock price and trading volume.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Applied Materials (AMAT) has gained significant attention from Zacks.com users, indicating potential investor interest. Key factors may influence the stock's future performance.
Why It Matters
Increased interest in Applied Materials (AMAT) suggests potential volatility and trading opportunities, influencing stock performance and investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Applied Materials (AMAT) is rated Buy, driven by AI-driven demand and strong earnings growth. It has a forward P/E of 32x, below peers, with record Q1 FY2026 gross margin of 49%.
Why It Matters
Applied Materials shows strong earnings potential driven by AI demand and industry trends. Competitive valuation and high margins position it favorably against peers, signaling growth opportunities.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Applied Materials (AMAT) is positioned to benefit from AI infrastructure growth, with strong margins, high capital returns, and recent advancements in chip technology and equipment.
Why It Matters
Applied Materials' strong position in chip fabrication and recent product innovations position it for significant growth in the AI sector, making it an attractive investment with high returns and efficiency.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
NVIDIA's strong growth, data center dominance, and favorable valuation position it as a better investment compared to Applied Materials amid the AI boom.
Why It Matters
NVIDIA's data center leadership and superior growth prospects suggest a more favorable investment opportunity compared to Applied Materials, potentially impacting stock performance and investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
INTU, AMAT, MSFT, and TXN leverage strong competitive advantages to maintain consistent returns despite market fluctuations.
Why It Matters
Strong moats indicate competitive advantages for INTU, AMAT, MSFT, and TXN, suggesting stability and potential for consistent returns, which can attract long-term investment interest.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About AMAT Stock
What is Applied Materials, Inc.'s (AMAT) stock forecast for 2026?
Based on our analysis of 52 Wall Street analysts, Applied Materials, Inc. (AMAT) has a median price target of $427.50. The highest price target is $500.00 and the lowest is $280.00.
Is AMAT stock a good investment in 2026?
According to current analyst ratings, AMAT has 29 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $396.94. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for AMAT stock?
Wall Street analysts predict AMAT stock could reach $427.50 in the next 12 months. This represents a 7.7% increase from the current price of $396.94. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Applied Materials, Inc.'s business model?
The company generates revenue primarily by selling capital equipment for semiconductor chip fabrication and related services. It operates through multiple segments, including Semiconductor Systems, Applied Global Services, and Display, which collectively enhance factory performance and support the production of essential electronic components.
What is the highest forecasted price for AMAT Applied Materials, Inc.?
The highest price target for AMAT is $500.00 from Mehdi Hosseini at Susquehanna, which represents a 26.0% increase from the current price of $396.94.
What is the lowest forecasted price for AMAT Applied Materials, Inc.?
The lowest price target for AMAT is $280.00 from Craig Ellis at B. Riley Securities, which represents a -29.5% decrease from the current price of $396.94.
What is the overall AMAT consensus from analysts for Applied Materials, Inc.?
The overall analyst consensus for AMAT is bullish. Out of 52 Wall Street analysts, 29 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $427.50.
How accurate are AMAT stock price projections?
Stock price projections, including those for Applied Materials, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 20, 2026 2:06 AM UTC