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NASDAQ: AMAT
Applied Materials Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for AMAT

Based on 19 analysts offering 12 month price targets for Applied Materials Inc.
Min Forecast
$60.00-55.59%
Avg Forecast
$142.95+5.81%
Max Forecast
$195.00+44.34%

Should I buy or sell AMAT stock?

Strong Buy
Strong Buy
11 analysts 57.89%
Buy
4 analysts 21.05%
Hold
4 analysts 21.05%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

AMAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Vijay Rakesh
Mizuho
Strong BuyMaintains$155.00+14.73%2021-04-07
Joe Quatrochi
Wells Fargo
Strong BuyMaintains$160.00+18.43%2021-04-07
Toshiya Hari
Goldman Sachs
Strong BuyMaintains$151.00+11.77%2021-04-07
Thomas Diffely
DA Davidson
Strong BuyMaintains$165.00+22.13%2021-04-07
Weston Twigg
KeyBanc
Strong BuyMaintains$151.00+11.77%2021-04-07
Craig Ellis
B. Riley
Strong BuyMaintains$195.00+44.34%2021-04-05
Vivek Arya
Bank of America
Strong BuyMaintains$150.00+11.03%2021-03-23
Joseph Quatrochi
Wells Fargo
Strong BuyMaintains$145.00+7.33%2021-02-19
Patrick Ho
Stifel Nicolaus
Strong BuyMaintains$140.00+3.63%2021-02-16
Sidney Ho
Deutsche Bank
Strong BuyMaintains$125.00-7.48%2021-02-16

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Forecast return on equity

Is AMAT forecast to generate an efficient return?
Company
56.9%
Industry
55.8%
Market
16,949.58%
AMAT's Return on Equity is forecast to be high in 3 years (56.9%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is AMAT forecast to generate an efficient return on assets?
Company
28.01%
Industry
25.07%
Market
6,094.22%
AMAT is forecast to generate higher Return on Assets (28.01%) than the US Semiconductor Equipment & Materials industry average (25.07%)
Forecast

AMAT earnings per share forecast

What is AMAT's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$5.98+42.07%
Avg 2 year Forecast
$6.49+54.26%
Avg 3 year Forecast
$7.14+69.6%
AMAT's earnings are forecast to grow at an exceptional rate of 24.47% per year
Forecast

AMAT revenue forecast

What is AMAT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$21.7B+19.12%
Avg 2 year Forecast
$23.0B+26.29%
Avg 3 year Forecast
$23.9B+31.06%
AMAT's revenue is forecast to grow at a rate of 12.07% per year, which is not exceptional
Forecast

AMAT earnings growth forecast

How is AMAT forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?
Company
24.47%
Industry
23.86%
Market
32.69%
AMAT's earnings are forecast to grow faster (24.47% per year) than the US Semiconductor Equipment & Materials industry average (23.86%)
Forecast
AMAT's earnings are forecast to grow slower (24.47% per year) than the US market average (32.69%)
Forecast
AMAT's earnings are forecast to grow faster (24.47% per year) than the risk-free savings rate (1.6%)
Forecast

AMAT revenue growth forecast

How is AMAT forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?
Company
12.07%
Industry
12.93%
Market
16.34%
AMAT's revenues are forecast to grow slower (12.07% per year) than the US Semiconductor Equipment & Materials industry average (12.93%)
Forecast
AMAT's revenues are forecast to grow slower (12.07% per year) than the US market average (16.34%)
Forecast

Applied Materials Stock Forecast FAQ

Is Applied Materials Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NASDAQ: AMAT) stock is to Strong Buy AMAT stock.

Out of 19 analysts, 11 (57.89%) are recommending AMAT as a Strong Buy, 4 (21.05%) are recommending AMAT as a Buy, 4 (21.05%) are recommending AMAT as a Hold, 0 (0%) are recommending AMAT as a Sell, and 0 (0%) are recommending AMAT as a Strong Sell.

What is AMAT's earnings growth forecast for 2021-2023?

(NASDAQ: AMAT) Applied Materials's forecast annual earnings growth rate of 24.47% is forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 23.86%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 32.69%.

Applied Materials's earnings in 2021 is $3,857,000,000.On average, 10 Wall Street analysts forecast AMAT's earnings for 2021 to be $5,468,692,594, with the lowest AMAT earnings forecast at $5,385,487,273, and the highest AMAT earnings forecast at $5,586,642,995. On average, 9 Wall Street analysts forecast AMAT's earnings for 2022 to be $5,938,116,901, with the lowest AMAT earnings forecast at $5,175,188,110, and the highest AMAT earnings forecast at $6,564,991,277.

In 2023, AMAT is forecast to generate $6,528,417,509 in earnings, with the lowest earnings forecast at $5,751,224,949 and the highest earnings forecast at $7,305,610,070.

What is AMAT's revenue growth forecast for 2021-2023?

(NASDAQ: AMAT) Applied Materials's forecast annual revenue growth rate of 12.07% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 12.93%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 16.34%.

Applied Materials's revenue in 2021 is $18,202,000,000.On average, 6 Wall Street analysts forecast AMAT's revenue for 2021 to be $19,825,108,782,104, with the lowest AMAT revenue forecast at $19,774,521,775,503, and the highest AMAT revenue forecast at $19,879,671,357,238. On average, 6 Wall Street analysts forecast AMAT's revenue for 2022 to be $21,017,783,913,956, with the lowest AMAT revenue forecast at $19,121,744,028,650, and the highest AMAT revenue forecast at $22,534,469,710,000.

In 2023, AMAT is forecast to generate $21,812,271,294,941 in revenue, with the lowest revenue forecast at $20,269,044,830,124 and the highest revenue forecast at $23,245,454,607,924.

What is AMAT's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: AMAT) forecast ROA is 28.01%, which is higher than the forecast US Semiconductor Equipment & Materials industry average of 25.07%.

What is AMAT's Price Target?

According to 19 Wall Street analysts that have issued a 1 year AMAT price target, the average AMAT price target is $142.95, with the highest AMAT stock price forecast at $195.00 and the lowest AMAT stock price forecast at $60.00.

On average, Wall Street analysts predict that Applied Materials's share price could stay at $142.95 by Apr 7, 2022. The average Applied Materials stock price prediction forecasts a potential downside of N/A from the current AMAT share price of $135.10.

What is AMAT's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: AMAT) Applied Materials's current Earnings Per Share (EPS) is $4.21. On average, analysts forecast that AMAT's EPS will be $5.98 for 2021, with the lowest EPS forecast at $5.89, and the highest EPS forecast at $6.11. On average, analysts forecast that AMAT's EPS will be $6.49 for 2022, with the lowest EPS forecast at $5.66, and the highest EPS forecast at $7.18. In 2023, AMAT's EPS is forecast to hit $7.14 (min: $6.29, max: $7.99).

What is AMAT's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: AMAT) forecast ROE is 56.9%, which is considered strong.
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