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

OverviewForecast
EarningsDividendOwnership

Analyst price target for AMAT

Based on 18 analysts offering 12 month price targets for Applied Materials Inc.
Min Forecast
$110.00-19.08%
Avg Forecast
$152.89+12.48%
Max Forecast
$195.00+43.46%

Should I buy or sell AMAT stock?

Based on 18 analysts offering ratings for Applied Materials Inc.
Strong Buy
Strong Buy
10 analysts 55.56%
Buy
4 analysts 22.22%
Hold
4 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

AMAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Piper Sandler
Top 5%
96
HoldInitiates Coverage On$130.00-4.36%2021-10-15
New Street Research
Top 41%
60
HoldDowngrades$140.00+2.99%2021-09-28
Morgan Stanley
Top 16%
85
HoldMaintains$150.00+10.35%2021-08-20
Anonymous
Daiwa Capital
BuyInitiates Coverage On$140.00+2.99%2021-08-19
JP Morgan
Bottom 12%
12
Strong BuyMaintains$160.00+17.71%2021-05-21
Mizuho
Top 2%
99
Strong BuyMaintains$158.00+16.24%2021-05-21
Deutsche Bank
Top 2%
99
Strong BuyMaintains$160.00+17.71%2021-04-16
Wells Fargo
Top 9%
92
Strong BuyMaintains$160.00+17.71%2021-04-07
Goldman Sachs
Top 33%
68
Strong BuyMaintains$151.00+11.09%2021-04-07
DA Davidson
Top 23%
78
Strong BuyMaintains$165.00+21.39%2021-04-07

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Forecast return on equity

Is AMAT forecast to generate an efficient return?
Company
60.34%
Industry
66.19%
Market
53.74%
AMAT's Return on Equity is forecast to be high in 3 years (60.34%); 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
29.73%
Industry
28.8%
AMAT is forecast to generate higher Return on Assets (29.73%) than the US Semiconductor Equipment & Materials industry average (28.8%)
Forecast

AMAT earnings per share forecast

What is AMAT's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$6.84+17.73%
Avg 2 year Forecast
$7.90+35.97%
Avg 3 year Forecast
$8.06+38.73%
AMAT's earnings are forecast to grow at a rate of 14.93% per year, which is not exceptional
Forecast

AMAT revenue forecast

What is AMAT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$23.3B+7.6%
Avg 2 year Forecast
$25.9B+19.84%
Avg 3 year Forecast
$26.5B+22.56%
AMAT's revenue is forecast to grow at a rate of 8.13% 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
14.93%
Industry
13.8%
Market
22.85%
AMAT's earnings are forecast to grow faster (14.93% per year) than the US Semiconductor Equipment & Materials industry average (13.8%)
Forecast
AMAT's earnings are forecast to grow slower (14.93% per year) than the US market average (22.85%)
Forecast
AMAT's earnings are forecast to grow faster (14.93% per year) than the risk-free savings rate (1.7%)
Forecast

AMAT revenue growth forecast

How is AMAT forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?
Company
8.13%
Industry
9.89%
Market
13.3%
AMAT's revenues are forecast to grow slower (8.13% per year) than the US Semiconductor Equipment & Materials industry average (9.89%)
Forecast
AMAT's revenues are forecast to grow slower (8.13% per year) than the US market average (13.3%)
Forecast

Applied Materials Stock Forecast FAQ

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

The consensus among 18 Wall Street analysts covering (NASDAQ: AMAT) stock is to Strong Buy AMAT stock.

Out of 18 analysts, 10 (55.56%) are recommending AMAT as a Strong Buy, 4 (22.22%) are recommending AMAT as a Buy, 4 (22.22%) 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 14.93% is forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 13.8%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.85%.

Applied Materials's earnings in 2021 is $5,307,000,000.On average, 9 Wall Street analysts forecast AMAT's earnings for 2021 to be $6,176,030,940, with the lowest AMAT earnings forecast at $6,130,884,515, and the highest AMAT earnings forecast at $6,194,089,510. On average, 9 Wall Street analysts forecast AMAT's earnings for 2022 to be $7,133,135,150, with the lowest AMAT earnings forecast at $6,771,963,750, and the highest AMAT earnings forecast at $7,494,306,550.

In 2023, AMAT is forecast to generate $7,277,603,710 in earnings, with the lowest earnings forecast at $6,284,382,360 and the highest earnings forecast at $8,261,795,775.

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

(NASDAQ: AMAT) Applied Materials's forecast annual revenue growth rate of 8.13% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 9.89%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.3%.

Applied Materials's revenue in 2021 is $21,628,000,000.On average, 6 Wall Street analysts forecast AMAT's revenue for 2021 to be $21,011,972,374,578, with the lowest AMAT revenue forecast at $21,006,631,552,500, and the highest AMAT revenue forecast at $21,024,690,122,500. On average, 6 Wall Street analysts forecast AMAT's revenue for 2022 to be $23,403,557,286,671, with the lowest AMAT revenue forecast at $22,526,838,092,240, and the highest AMAT revenue forecast at $24,086,556,783,140.

In 2023, AMAT is forecast to generate $23,935,123,935,620 in revenue, with the lowest revenue forecast at $21,941,749,453,525 and the highest revenue forecast at $25,842,409,602,810.

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

(NASDAQ: AMAT) forecast ROA is 29.73%, which is higher than the forecast US Semiconductor Equipment & Materials industry average of 28.8%.

What is AMAT's Price Target?

According to 18 Wall Street analysts that have issued a 1 year AMAT price target, the average AMAT price target is $152.89, with the highest AMAT stock price forecast at $195.00 and the lowest AMAT stock price forecast at $110.00.

On average, Wall Street analysts predict that Applied Materials's share price could stay at $152.89 by Oct 15, 2022. The average Applied Materials stock price prediction forecasts a potential downside of N/A from the current AMAT share price of $135.93.

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

(NASDAQ: AMAT) Applied Materials's current Earnings Per Share (EPS) is $5.81. On average, analysts forecast that AMAT's EPS will be $6.84 for 2021, with the lowest EPS forecast at $6.79, and the highest EPS forecast at $6.86. On average, analysts forecast that AMAT's EPS will be $7.90 for 2022, with the lowest EPS forecast at $7.50, and the highest EPS forecast at $8.30. In 2023, AMAT's EPS is forecast to hit $8.06 (min: $6.96, max: $9.15).

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

(NASDAQ: AMAT) forecast ROE is 60.34%, which is considered strong.
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