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

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Analyst price target for AMAT

Based on 18 analysts offering 12 month price targets for Applied Materials Inc.
Min Forecast
$85.00+3.75%
Avg Forecast
$133.50+62.94%
Max Forecast
$200.00+144.11%

Should I buy or sell AMAT stock?

Based on 19 analysts offering ratings for Applied Materials Inc.
Strong Buy
Strong Buy
10 analysts 52.63%
Buy
4 analysts 21.05%
Hold
5 analysts 26.32%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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AMAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Bottom 17%
17
HoldMaintains$85.00+3.75%2022-09-28
Morgan Stanley
Top 29%
72
HoldMaintains$109.00+33.04%2022-09-06
Citigroup
Top 14%
87
Strong BuyMaintains$150.00+83.08%2022-08-22
Craig-Hallum
Top 14%
87
BuyMaintains$126.00+53.79%2022-08-19
JP Morgan
Bottom 10%
10
Strong BuyMaintains$140.00+70.88%2022-08-19
DA Davidson
Top 23%
78
Strong BuyMaintains$155.00+89.19%2022-08-19
Cowen & Co.
Top 13%
88
BuyMaintains$140.00+70.88%2022-08-19
Stifel Nicolaus
Top 4%
97
Strong BuyMaintains$184.00+124.58%2022-08-19
Deutsche Bank
Top 3%
98
Strong BuyMaintains$115.00+40.36%2022-08-19Find out why
Goldman Sachs
Bottom 24%
24
Strong BuyMaintains$109.00+33.04%2022-08-19

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Forecast return on equity

Is AMAT forecast to generate an efficient return?
Company
57.45%
Industry
92.03%
Market
110.02%
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
26.51%
Industry
25.44%
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
$7.67+1.86%
Avg 2 year Forecast
$8.03+6.64%
Avg 3 year Forecast
$8.06+7.04%
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 8 analysts?
Avg 1 year Forecast
$25.7B+2.01%
Avg 2 year Forecast
$26.4B+4.87%
Avg 3 year Forecast
$26.5B+5.3%
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
2.69%
Industry
7.52%
Market
19.13%
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
2.05%
Industry
8.38%
Market
8.53%
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$81.93$133.50+62.94%Strong Buy
LRCX$366.00$524.80+43.39%Buy
KLAC$302.63$402.15+32.89%Strong Buy
ENTG$83.02$140.00+68.63%Strong Buy
TER$75.15$127.60+69.79%Buy

Applied Materials Stock Forecast FAQ

Is Applied Materials Stock a good buy in 2022, 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, 10 (52.63%) are recommending AMAT as a Strong Buy, 4 (21.05%) are recommending AMAT as a Buy, 5 (26.32%) 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 2022-2024?

(NASDAQ: AMAT) Applied Materials's forecast annual earnings growth rate of 2.69% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 7.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.13%.

Applied Materials's earnings in 2022 is $6,646,000,000.On average, 12 Wall Street analysts forecast AMAT's earnings for 2022 to be $6,598,572,922, with the lowest AMAT earnings forecast at $6,486,732,703, and the highest AMAT earnings forecast at $6,641,588,390. On average, 12 Wall Street analysts forecast AMAT's earnings for 2023 to be $6,908,284,297, with the lowest AMAT earnings forecast at $6,030,768,733, and the highest AMAT earnings forecast at $7,648,150,362.

In 2024, AMAT is forecast to generate $6,934,093,579 in earnings, with the lowest earnings forecast at $5,678,041,888 and the highest earnings forecast at $7,914,846,268.

What is AMAT's revenue growth forecast for 2022-2024?

(NASDAQ: AMAT) Applied Materials's forecast annual revenue growth rate of 2.05% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 8.38%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Applied Materials's revenue in 2022 is $25,159,000,000.On average, 8 Wall Street analysts forecast AMAT's revenue for 2022 to be $22,078,525,607,977, with the lowest AMAT revenue forecast at $21,844,175,613,063, and the highest AMAT revenue forecast at $22,176,710,996,555. On average, 8 Wall Street analysts forecast AMAT's revenue for 2023 to be $22,699,358,406,486, with the lowest AMAT revenue forecast at $21,107,745,624,495, and the highest AMAT revenue forecast at $24,387,310,353,132.

In 2024, AMAT is forecast to generate $22,791,666,161,400 in revenue, with the lowest revenue forecast at $20,162,422,195,479 and the highest revenue forecast at $25,150,181,090,093.

What is AMAT's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: AMAT) forecast ROA is 26.51%, which is higher than the forecast US Semiconductor Equipment & Materials industry average of 25.44%.

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 $133.50, with the highest AMAT stock price forecast at $200.00 and the lowest AMAT stock price forecast at $85.00.

On average, Wall Street analysts predict that Applied Materials's share price could reach $133.50 by Sep 28, 2023. The average Applied Materials stock price prediction forecasts a potential upside of 62.94% from the current AMAT share price of $81.93.

What is AMAT's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: AMAT) Applied Materials's current Earnings Per Share (EPS) is $7.53. On average, analysts forecast that AMAT's EPS will be $7.67 for 2022, with the lowest EPS forecast at $7.54, and the highest EPS forecast at $7.72. On average, analysts forecast that AMAT's EPS will be $8.03 for 2023, with the lowest EPS forecast at $7.01, and the highest EPS forecast at $8.89. In 2024, AMAT's EPS is forecast to hit $8.06 (min: $6.60, max: $9.20).

What is AMAT's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: AMAT) forecast ROE is 57.45%, which is considered strong.
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