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

Analyst price target for AMAT

Based on 24 analysts offering 12 month price targets for Applied Materials Inc

Min Forecast
$450.00-27.08%
Avg Forecast
$538.50-12.74%
Max Forecast
$710.00+15.05%

Should I buy or sell AMAT stock?

Based on 24 analysts offering ratings for Applied Materials Inc.

Strong Buy
Strong Buy
17 analysts 70.83%
Buy
6 analysts 25%
Hold
1 analysts 4.17%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model "Buy" agrees with analyst consensus with a "Strong Buy" rating. Learn More

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AMAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-06-17Find Out Why
lockedlocked$00.00+00.00%2026-06-11Find Out Why
lockedlocked$00.00+00.00%2026-06-10
lockedlocked$00.00+00.00%2026-06-10Find Out Why
lockedlocked$00.00+00.00%2026-05-27Find Out Why
Argus Research
Top 45%
56
Strong BuyMaintains$500.00-18.98%2026-05-19Find out why
Morgan Stanley
Top 27%
74
HoldDowngrades$502.00-18.65%2026-05-18Find out why
Bank of America
Top 1%
100
Strong BuyMaintains$540.00-12.50%2026-05-15Find out why
Deutsche Bank
Top 7%
94
Strong BuyMaintains$550.00-10.87%2026-05-15Find out why
Evercore ISI Group
Top 1%
100
BuyMaintains$515.00-16.55%2026-05-15

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Forecast return on equity

Is AMAT forecast to generate an efficient return?

Company
77.41%
Industry
417.75%
Market
175.99%
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
45.94%
Industry
158.84%
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 42 analysts?

Avg 1 year Forecast
$12.48+16.67%
Avg 2 year Forecast
$16.61+55.19%
Avg 3 year Forecast
$19.14+78.84%
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 41 analysts?

Avg 1 year Forecast
$34.0B+17.18%
Avg 2 year Forecast
$43.2B+48.69%
Avg 3 year Forecast
$48.9B+68.43%
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
13.53%
Industry
20.87%
Market
34.05%
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
12.07%
Industry
15.37%
Market
14.06%
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$617.11$538.50-12.74%Strong Buy
LRCX$389.04$330.38-15.08%Strong Buy
KLAC$259.56$194.05-25.24%Strong Buy
ASML$1,929.68$1,787.20-7.38%Strong Buy
TER$437.92$375.70-14.21%Strong Buy

Applied Materials Stock Forecast FAQ

Is Applied Materials Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 24 Wall Street analysts covering (NASDAQ: AMAT) stock is to Strong Buy AMAT stock.

Out of 24 analysts, 17 (70.83%) are recommending AMAT as a Strong Buy, 6 (25%) are recommending AMAT as a Buy, 1 (4.17%) are recommending AMAT as a Hold, 0 (0%) are recommending AMAT as a Sell, and 0 (0%) 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 2026-2028?

(NASDAQ: AMAT) Applied Materials's forecast annual earnings growth rate of 13.53% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 20.87%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 34.05%.

Applied Materials's earnings in 2026 is $8,508,000,000.On average, 42 Wall Street analysts forecast AMAT's earnings for 2026 to be $9,911,471,940, with the lowest AMAT earnings forecast at $9,126,881,232, and the highest AMAT earnings forecast at $10,504,083,259. On average, 41 Wall Street analysts forecast AMAT's earnings for 2027 to be $13,184,013,919, with the lowest AMAT earnings forecast at $9,617,071,784, and the highest AMAT earnings forecast at $15,614,403,130.

In 2028, AMAT is forecast to generate $15,192,890,069 in earnings, with the lowest earnings forecast at $3,563,607,506 and the highest earnings forecast at $21,041,512,814.

What is AMAT's revenue growth forecast for 2026-2028?

(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 15.37%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.06%.

Applied Materials's revenue in 2026 is $29,024,000,000.On average, 41 Wall Street analysts forecast AMAT's revenue for 2026 to be $27,003,354,173,730, with the lowest AMAT revenue forecast at $25,615,513,090,090, and the highest AMAT revenue forecast at $28,245,900,681,680. On average, 40 Wall Street analysts forecast AMAT's revenue for 2027 to be $34,263,319,201,650, with the lowest AMAT revenue forecast at $30,164,900,623,990, and the highest AMAT revenue forecast at $38,592,779,973,440.

In 2028, AMAT is forecast to generate $38,811,912,776,120 in revenue, with the lowest revenue forecast at $28,010,888,690,400 and the highest revenue forecast at $48,877,730,429,660.

What is AMAT's forecast return on assets (ROA) for 2026-2029?

(NASDAQ: AMAT) forecast ROA is 45.94%, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 158.84%.

What is AMAT's Price Target?

According to 24 Wall Street analysts that have issued a 1 year AMAT price target, the average AMAT price target is $538.50, with the highest AMAT stock price forecast at $710.00 and the lowest AMAT stock price forecast at $450.00.

On average, Wall Street analysts predict that Applied Materials's share price could fall to $538.50 by Jun 17, 2027. The average Applied Materials stock price prediction forecasts a potential downside of 12.74% from the current AMAT share price of $617.11.

What is AMAT's Earnings Per Share (EPS) forecast for 2026-2028?

(NASDAQ: AMAT) Applied Materials's current Earnings Per Share (EPS) is $10.70. On average, analysts forecast that AMAT's EPS will be $12.48 for 2026, with the lowest EPS forecast at $11.50, and the highest EPS forecast at $13.23. On average, analysts forecast that AMAT's EPS will be $16.61 for 2027, with the lowest EPS forecast at $12.11, and the highest EPS forecast at $19.67. In 2028, AMAT's EPS is forecast to hit $19.14 (min: $4.49, max: $26.50).

What is AMAT's forecast return on equity (ROE) for 2026-2029?

(NASDAQ: AMAT) forecast ROE is 77.41%, which is considered strong.
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