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

Last close, 4 Nov 2026
$369
−3.29% on the day

The 41 Wall Street analysts covering Applied Materials, Inc. hold a median 12-month price target of $610 — +65.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 67 of 100 as at 3 Nov 2026 — in the upper half.

Market cap
$303.1B
Ticker Nerd rank
67/ 100
Median analyst target
$610
Analysts covering
41
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
−11.2%
1M
−31.6%
YTD
+44.3%
1Y
+61.6%
From 52W high
−48.9%
From 52W low
+68.4%
$219
$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 3 Nov 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
94
Volatility
91
Quality
89
Momentum
76
Issuance
63
Growth
55
Value
32
Accruals
21
Size
1

Revisions (94): 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 systematic trader with 15+ 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$1,000Jan 26Apr 26Jul 26Oct 26AMATHigh $900Median $610Low $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 says41 analysts
35 Buy6 Hold0 Sell
Low $358Median $610High $900

The green dot is the last close — the median target sits +65.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 7 moved it down.

DateFirmActionRatingTarget
3 Nov 2026Morgan StanleyMaintainsEqual-Weight$563 → $538
16 Oct 2026NeedhamMaintainsBuy$740 → $580
15 Oct 2026Evercore ISI GroupMaintainsOutperform$700 → $590
14 Oct 2026RBC CapitalReiteratesOutperform$600
28 Sept 2026Morgan StanleyMaintainsEqual-Weight$642 → $563
28 Sept 2026Morgan StanleyMaintainsEqual-Weight—
1 Sept 2026UBSMaintainsBuy$675 → $695
1 Sept 2026UBSMaintainsBuy—
25 Aug 2026MizuhoMaintainsOutperform$650 → $590
25 Aug 2026MizuhoMaintainsOutperform—
18 Aug 2026Argus ResearchMaintainsBuy—
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$675 → $700
14 Aug 2026BernsteinMaintainsOutperform—
14 Aug 2026Cantor FitzgeraldReiteratesOverweight—
14 Aug 2026Craig-HallumMaintainsBuy—
14 Aug 2026Craig-HallumMaintainsBuy$530 → $585

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

The AI build-out map

AMAT and 25 other companies make up AI chips.

The model tests each one against its peers. 4 pass every test this week.

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The AI build-out map
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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 4 Nov 2026, Applied Materials, Inc. returned +61.6% against +12.9% for the S&P 500, dividends included.

AMAT vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250300Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
EPS revision, 90 days
+4.1%
Analysts raising
0
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
33.0×

Cheaper than 23% of US stocks

Price / sales
9.8×

Cheaper than 13% of US stocks

Price / book
11.8×

Cheaper than 7% of US stocks

EV / EBITDA
29.7×

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
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
0.6%

Higher than 66% 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 $303.1B and an enterprise value of $301.2B.

  • 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: 33.0×; forward P/E: 20.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.55%, 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 4 Nov 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.$303.1B67
LRCXLam Research Corp.$288.7B78
KLACKLA Corp.$204.0B70
TERTeradyne, Inc.$42.1B86
QQnity Electronics, Inc.$24.9B25
ENTGEntegris, Inc.$23.3B79
INTCIntel Corp.*$320.1B37

* 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

Semiconductor Sell-Off: The Best Chip Stocks to Buy Right Now Before They Skyrocket Once Again

The Motley Fool · 4 Nov 2026neutral

The article says semiconductor sales are poised to surge on rising demand across multiple applications, highlighting Nvidia, Broadcom, and Micron as leaders in their niches and describing their shares as attractively priced.

Why it matters — The demand outlook for semiconductors is relevant to Applied Materials watchers because it signals potential strength across the chip industry, though the excerpt does not discuss Applied Materials directly.

Applied Materials (AMAT) Dips More Than Broader Market: What You Should Know

Zacks Investment Research · 2 Nov 2026negative

Applied Materials (AMAT) settled at $374.53 on the latest trading day, down 3.99% from its previous close. The headline says the stock dipped more than the broader market.

Why it matters — AMAT watchers may note the reported one-day decline and its performance relative to the broader market.

Applied Materials, Inc. (AMAT) is Attracting Investor Attention: Here is What You Should Know

Zacks Investment Research · 30 Oct 2026neutral

Zacks reports that users of Zacks.com have recently been watching Applied Materials (AMAT) closely. The item says investors may want to know the facts that could affect the stock’s prospects.

Why it matters — AMAT watchers may find the article relevant for its focus on factors that could determine the stock’s prospects.

Applied Materials: A 51% Growth Quarter At 23x Forward Earnings

Seeking Alpha · 30 Oct 2026positive

The article highlights Applied Materials’ 51% growth quarter and says shares trade at about 23 times forward earnings. It attributes recent declines to a skipped WFE forecast and sector-wide supply concerns, while pointing to memory-chip spending and fab construction as potential sources of stronger order growth beyond 2027.

Why it matters — AMAT watchers may find the article’s discussion of current sector concerns and possible longer-term order growth relevant to the company’s outlook.

FAQ

Frequently asked questions about AMAT stock

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

The 41 Wall Street analysts covering Applied Materials, Inc. have a median 12-month price target of $610, 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 41 analysts covering Applied Materials, Inc., 35 rate it a Buy, 6 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 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AMAT?

As at 3 Nov 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 (94 of 100).

Will AMAT stock go up?

No one can know that. What the data says: the median 12-month target from 41 analysts implies +65.2% from the last close, and Ticker Nerd's factor model ranks Applied Materials, Inc. 67 out of 100 as at 3 Nov 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 +61.6% over the 12 months to 4 Nov 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 (The Motley Fool, 4 Nov 2026): "Semiconductor Sell-Off: The Best Chip Stocks to Buy Right Now Before They Skyrocket Once Again". The article says semiconductor sales are poised to surge on rising demand across multiple applications, highlighting Nvidia, Broadcom, and Micron as leaders in their niches and describing their shares as attractively priced.

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