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

Analyst price target for AMAT

Based on 16 analysts offering 12 month price targets for Applied Materials Inc

Min Forecast
$164.00-5.21%
Avg Forecast
$221.94+28.27%
Max Forecast
$280.00+61.83%

Should I buy or sell AMAT stock?

Based on 16 analysts offering ratings for Applied Materials Inc.

Buy
Strong Buy
8 analysts 50%
Buy
4 analysts 25%
Hold
3 analysts 18.75%
Sell
0 analysts 0%
Strong Sell
1 analysts 6.25%
Although AMAT's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates AMAT as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

Be the first to know when Wall Street analysts revise their AMAT stock forecasts and price targets.

AMAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-12-06
lockedlocked$00.00+00.00%2024-12-05
lockedlocked$00.00+00.00%2024-11-29
lockedlocked$00.00+00.00%2024-11-15
lockedlocked$00.00+00.00%2024-11-15
Evercore ISI Group
Top 3%
98
BuyMaintains$250.00+44.49%2024-11-15
Bank of America
Top 2%
99
Strong BuyMaintains$210.00+21.37%2024-11-15
Deutsche Bank
Top 2%
99
HoldMaintains$200.00+15.59%2024-11-15
Needham
Top 12%
89
BuyMaintains$225.00+30.04%2024-11-15
Stifel Nicolaus
Top 18%
83
Strong BuyMaintains$250.00+44.49%2024-11-12

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Forecast return on equity

Is AMAT forecast to generate an efficient return?

Company
49.95%
Industry
75.77%
Market
70.65%
AMAT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AMAT forecast to generate an efficient return on assets?

Company
27.97%
Industry
28.66%
AMAT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AMAT earnings per share forecast

What is AMAT's earnings per share in the next 3 years based on estimates from 12 analysts?

Avg 1 year Forecast
$9.51+5.98%
Avg 2 year Forecast
$10.61+18.24%
Avg 3 year Forecast
$11.41+27.25%
AMAT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

AMAT revenue forecast

What is AMAT's revenue in the next 3 years based on estimates from 9 analysts?

Avg 1 year Forecast
$29.3B+9.2%
Avg 2 year Forecast
$31.7B+17.86%
Avg 3 year Forecast
$33.8B+25.75%
AMAT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AMAT earnings growth forecast

How is AMAT forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?

Company
8.66%
Industry
14.17%
Market
17.31%
AMAT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
AMAT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
AMAT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

AMAT revenue growth forecast

How is AMAT forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?

Company
8.02%
Industry
8.79%
Market
8.88%
AMAT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AMAT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AMAT vs Semiconductor Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
AMAT$173.02$221.94+28.27%Buy
LRCX$76.59$97.02+26.68%Buy
KLAC$648.34$822.25+26.82%Buy
TER$118.51$144.80+22.18%Buy
ENTG$109.40$133.00+21.57%Strong Buy

Applied Materials Stock Forecast FAQ

Is Applied Materials Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 16 Wall Street analysts covering (NASDAQ: AMAT) stock is to Buy AMAT stock.

Out of 16 analysts, 8 (50%) are recommending AMAT as a Strong Buy, 4 (25%) are recommending AMAT as a Buy, 3 (18.75%) are recommending AMAT as a Hold, 0 (0%) are recommending AMAT as a Sell, and 1 (6.25%) are recommending AMAT as a Strong Sell.

If you're new to stock investing, here's how to buy Applied Materials stock.

What is AMAT's earnings growth forecast for 2025-2027?

(NASDAQ: AMAT) Applied Materials's forecast annual earnings growth rate of 8.66% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 14.17%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Applied Materials's earnings in 2024 is $7,450,000,000.On average, 12 Wall Street analysts forecast AMAT's earnings for 2025 to be $7,837,197,463, with the lowest AMAT earnings forecast at $7,271,244,056, and the highest AMAT earnings forecast at $8,277,017,044. On average, 9 Wall Street analysts forecast AMAT's earnings for 2026 to be $8,743,712,198, with the lowest AMAT earnings forecast at $8,013,207,735, and the highest AMAT earnings forecast at $9,637,283,789.

In 2027, AMAT is forecast to generate $9,410,325,343 in earnings, with the lowest earnings forecast at $8,615,022,720 and the highest earnings forecast at $10,955,423,485.

What is AMAT's revenue growth forecast for 2025-2027?

(NASDAQ: AMAT) Applied Materials's forecast annual revenue growth rate of 8.02% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 8.79%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Applied Materials's revenue in 2024 is $26,854,000,000.On average, 9 Wall Street analysts forecast AMAT's revenue for 2025 to be $24,175,286,318,397, with the lowest AMAT revenue forecast at $22,769,216,506,472, and the highest AMAT revenue forecast at $25,248,199,599,088. On average, 8 Wall Street analysts forecast AMAT's revenue for 2026 to be $26,092,481,718,458, with the lowest AMAT revenue forecast at $24,867,324,910,432, and the highest AMAT revenue forecast at $28,165,765,666,520.

In 2027, AMAT is forecast to generate $27,839,926,545,971 in revenue, with the lowest revenue forecast at $26,784,888,819,120 and the highest revenue forecast at $29,857,445,328,308.

What is AMAT's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: AMAT) forecast ROA is 27.97%, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 28.66%.

What is AMAT's Price Target?

According to 16 Wall Street analysts that have issued a 1 year AMAT price target, the average AMAT price target is $221.94, with the highest AMAT stock price forecast at $280.00 and the lowest AMAT stock price forecast at $164.00.

On average, Wall Street analysts predict that Applied Materials's share price could reach $221.94 by Dec 6, 2025. The average Applied Materials stock price prediction forecasts a potential upside of 28.27% from the current AMAT share price of $173.02.

What is AMAT's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: AMAT) Applied Materials's current Earnings Per Share (EPS) is $8.97. On average, analysts forecast that AMAT's EPS will be $9.51 for 2025, with the lowest EPS forecast at $8.82, and the highest EPS forecast at $10.04. On average, analysts forecast that AMAT's EPS will be $10.61 for 2026, with the lowest EPS forecast at $9.72, and the highest EPS forecast at $11.69. In 2027, AMAT's EPS is forecast to hit $11.41 (min: $10.45, max: $13.29).

What is AMAT's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: AMAT) forecast ROE is 49.95%, which is considered strong.
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