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

Analyst price target for AMAT

Based on 17 analysts offering 12 month price targets for Applied Materials Inc.
Min Forecast
$140.00-28.59%
Avg Forecast
$212.71+8.49%
Max Forecast
$260.00+32.61%

Should I buy or sell AMAT stock?

Based on 17 analysts offering ratings for Applied Materials Inc.
Buy
Strong Buy
8 analysts 47.06%
Buy
5 analysts 29.41%
Hold
3 analysts 17.65%
Sell
0 analysts 0%
Strong Sell
1 analysts 5.88%

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AMAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-03-05
lockedlocked$00.00+00.00%2024-02-20
Mizuho
Top 1%
100
Strong BuyMaintains$225.00+14.76%2024-02-16Find out why
Citigroup
Top 1%
100
Strong BuyMaintains$211.00+7.62%2024-02-16Find out why
B. Riley Securities
Top 1%
100
Strong BuyReiterates$250.00+27.51%2024-02-16Find out why
Raymond James
Top 6%
95
BuyMaintains$225.00+14.76%2024-02-16
Stifel Nicolaus
Top 9%
92
Strong BuyMaintains$230.00+17.31%2024-02-16Find out why

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Forecast return on equity

Is AMAT forecast to generate an efficient return?
Company
N/A
Industry
0.05%
Market
19.57%

Forecast return on assets

Is AMAT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.04%

AMAT revenue forecast

What is AMAT's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$26.5B+0.03%
Avg 2 year Forecast
$29.2B+10.19%
Avg 3 year Forecast
$31.6B+19.31%
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
-6.02%
Industry
19.45%
Market
28.77%
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
4.85%
Industry
12.15%
Market
9.23%
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$196.06$212.71+8.49%Buy
LRCX$884.89$963.36+8.87%Buy
KLAC$656.54$699.06+6.48%Buy
ENTG$127.84$146.88+14.89%Buy
TER$100.70$109.58+8.82%Buy

Applied Materials Stock Forecast FAQ

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

The consensus among 17 Wall Street analysts covering (NASDAQ: AMAT) stock is to Buy AMAT stock.

Out of 17 analysts, 8 (47.06%) are recommending AMAT as a Strong Buy, 5 (29.41%) are recommending AMAT as a Buy, 3 (17.65%) are recommending AMAT as a Hold, 0 (0%) are recommending AMAT as a Sell, and 1 (5.88%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: AMAT) Applied Materials's forecast annual revenue growth rate of 4.85% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 12.15%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Applied Materials's revenue in 2024 is $26,485,000,000.On average, 10 Wall Street analysts forecast AMAT's revenue for 2024 to be $22,013,824,462,169, with the lowest AMAT revenue forecast at $21,216,465,447,046, and the highest AMAT revenue forecast at $22,536,428,986,788. On average, 9 Wall Street analysts forecast AMAT's revenue for 2025 to be $24,248,419,869,859, with the lowest AMAT revenue forecast at $22,791,431,385,344, and the highest AMAT revenue forecast at $25,805,179,185,292.

In 2026, AMAT is forecast to generate $26,256,198,579,102 in revenue, with the lowest revenue forecast at $25,775,042,538,190 and the highest revenue forecast at $26,873,140,696,830.

What is AMAT's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: AMAT) forecast ROA is N/A, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 0.04%.

What is AMAT's Price Target?

According to 17 Wall Street analysts that have issued a 1 year AMAT price target, the average AMAT price target is $212.71, with the highest AMAT stock price forecast at $260.00 and the lowest AMAT stock price forecast at $140.00.

On average, Wall Street analysts predict that Applied Materials's share price could reach $212.71 by Apr 16, 2025. The average Applied Materials stock price prediction forecasts a potential upside of 8.49% from the current AMAT share price of $196.06.

What is AMAT's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: AMAT) forecast ROE is N/A, which is considered weak.
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