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AMATAMATTechnology · Semiconductor Equipment & Materials

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

Last close, 3 Sept 2026
$436
−0.56% on the day

The 39 Wall Street analysts covering Applied Materials, Inc. hold a median 12-month price target of $650 — +49.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 67 of 100 as at 2 Sept 2026 — in the upper half.

Market cap
$350.7B
Ticker Nerd rank
67 / 100
Median analyst target
$650
Analysts covering
39
Revenue$7.9B+11.4% y/y
Operating income$2.5B
Net income$2.8B
Free cash flow$210.0M
Quarterly, 8 quarters to 30 Apr 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−9.6%
1M
−15.8%
YTD
+70.4%
1Y
+180.9%
From 52W high
−39.6%
From 52W low
+180.9%
$155
$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 2 Sept 2026
67 / 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
82
Momentum
73
Issuance
62
Growth
53
Value
41
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 +49.1% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 5 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
1 Sept 2026UBSMaintainsBuy$675 → $695
25 Aug 2026MizuhoMaintainsOutperform$650 → $590
14 Aug 2026B of A SecuritiesMaintainsBuy$720 → $650
14 Aug 2026B of A SecuritiesMaintainsBuy—
14 Aug 2026B. Riley SecuritiesReiteratesBuy$790 → $700
14 Aug 2026B. Riley SecuritiesReiteratesBuy—
14 Aug 2026BernsteinMaintainsOutperform—
14 Aug 2026BernsteinMaintainsOutperform$675 → $700
14 Aug 2026Craig-HallumMaintainsBuy$530 → $585
14 Aug 2026Craig-HallumMaintainsBuy—
14 Aug 2026JP MorganMaintainsOverweight$515 → $660
14 Aug 2026JP MorganMaintainsOverweight—
14 Aug 2026Morgan StanleyMaintainsEqual-Weight—
14 Aug 2026Morgan StanleyMaintainsEqual-Weight$646 → $642
14 Aug 2026NeedhamReiteratesBuy—
14 Aug 2026NeedhamReiteratesBuy$740
14 Aug 2026RBC CapitalMaintainsOutperform$520 → $600
14 Aug 2026RBC CapitalMaintainsOutperform—
14 Aug 2026TD CowenReiteratesBuy—
14 Aug 2026TD CowenReiteratesBuy$700

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 3 Sept 2026, Applied Materials, Inc. returned +180.9% against +21.4% for the S&P 500, dividends included.

AMAT vs S&P 500, last 12 monthsTotal return, rebased to 100
100200300400500Oct 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
+4.7%
Analysts raising
7
Analysts cutting
0
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
38.1×

Cheaper than 20% of US stocks

Price / sales
11.4×

Cheaper than 13% of US stocks

Price / book
13.7×

Cheaper than 7% of US stocks

EV / EBITDA
34.3×

Cheaper than 8% 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
49.9%

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
0.5%

Higher than 9% 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 $350.7B and an enterprise value of $348.8B.

  • Revenue in the twelve months to 30 Apr 2026: $29.0B. The latest quarter grew 24.8% year on year.

  • Net income over the same four quarters: $8.5B, a 29.3% net margin.

  • Diluted earnings per share, trailing twelve months: $10.65.

  • Free cash flow in the twelve months to 30 Apr 2026: $5.3B, after $2.6B of capital spending.

  • Applied Materials, Inc. spent $2.6B on share buybacks and $1.5B on dividends in the twelve months to 30 Apr 2026.

  • Shares outstanding: 794.0M.

  • Trailing P/E: 38.1×; forward P/E: 23.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.48%, paying out 16% of earnings.

  • Applied Materials, Inc. employs 38,900 people — $746K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 Apr 2026 · market figures as at 3 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.$350.7B
67
LRCXLam Research Corp.$363.6B
77
KLACKLA Corp.$225.0B
63
TERTeradyne, Inc.$53.4B
79
QQnity Electronics, Inc.$24.6B
26
ENTGEntegris, Inc.$20.0B
72
DELLDell Technologies, Inc.*$333.1B
94

* 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

AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?

Zacks Investment Research · 3 Sept 2026positive

Applied Materials is benefiting from AI-driven semiconductor demand, with growth fueled by advanced packaging, DRAM, and HBM as fab investments accelerate globally. The article examines whether the company can sustain this momentum.

Why it matters — AMAT watchers would care because AI-related demand across advanced packaging, DRAM, and HBM is a key growth driver for the company's equipment sales.

SEMI's CEO Has Watched Four Decades of Chip Cycles. He Says This One Only Goes Up.

24/7 Wall Street · 3 Sept 2026neutral

SEMI's CEO, a four-decade veteran of semiconductor cycles, says the current cycle will continue to trend upward, though his remarks carry a cautionary note about memory capacity that tempers his optimism.

Why it matters — AMAT supplies semiconductor manufacturing equipment, so industry-cycle direction and memory-capacity conditions directly influence demand for its products.

Applied Materials Just Dropped 14% in a Month. Sell Now, or Buy More?

24/7 Wall Street · 2 Sept 2026negative

Applied Materials shares fell roughly 14% over the past month despite the company reporting a record quarter and issuing guidance above analyst consensus.

Why it matters — AMAT watchers would care because the stock's decline contrasts with strong reported results and above-consensus guidance, raising questions about market sentiment toward the company.

Should You Buy, Sell or Hold AMAT Stock After a 72.5% YTD Rise?

Zacks Investment Research · 2 Sept 2026neutral

Zacks Investment Research examines whether to buy, sell, or hold Applied Materials stock following a 72.5% year-to-date rise, noting that its AI exposure, broad portfolio, and capacity expansion are driving growth while its premium valuation raises risk.

Why it matters — AMAT watchers would care because the analysis weighs the company's growth drivers in AI and capacity expansion against the risk posed by its elevated valuation.

Jim Cramer Says This Tech Stock Is Up 40% For The Year: It Is A ‘Great' Company

Benzinga · 2 Sept 2026neutral

Jim Cramer, on CNBC's "Mad Money Lightning Round," commented on KLA Corporation (NASDAQ:KLAC), calling it a "great" company that is up 40% for the year, while noting its price-to-earnings multiple remains too high. He highlighted the company's intellectual property.

Why it matters — This item concerns KLA, a peer in the semiconductor equipment sector, so an AMAT watcher may find the commentary relevant to the broader industry context, though it makes no mention of Applied Materials.

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. 67 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AMAT?

As at 2 Sept 2026, Applied Materials, Inc. ranks 67 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 +49.1% from the last close, and Ticker Nerd's factor model ranks Applied Materials, Inc. 67 out of 100 as at 2 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 +180.9% over the 12 months to 3 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, 3 Sept 2026): "AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?". Applied Materials is benefiting from AI-driven semiconductor demand, with growth fueled by advanced packaging, DRAM, and HBM as fab investments accelerate globally. The article examines whether the company can sustain this momentum.

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