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

OverviewForecast
EarningsDividendOwnership

Analyst price target for AMAT

Based on 19 analysts offering 12 month price targets for Applied Materials Inc.
Min Forecast
$110.00-21.39%
Avg Forecast
$153.21+9.49%
Max Forecast
$195.00+39.36%

Should I buy or sell AMAT stock?

Based on 19 analysts offering ratings for Applied Materials Inc.
Strong Buy
Strong Buy
13 analysts 68.42%
Buy
4 analysts 21.05%
Hold
2 analysts 10.53%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

AMAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
JP Morgan
Bottom 9%
9
Strong BuyMaintains$160.00+14.34%2021-05-21
Anonymous
Susquehanna
Strong BuyMaintains$170.00+21.49%2021-05-21
Mizuho
Top 2%
99
Strong BuyMaintains$158.00+12.91%2021-05-21
Deutsche Bank
Top 2%
99
Strong BuyMaintains$160.00+14.34%2021-04-16
Wells Fargo
Top 40%
61
Strong BuyMaintains$160.00+14.34%2021-04-07
Goldman Sachs
Top 33%
68
Strong BuyMaintains$151.00+7.91%2021-04-07
DA Davidson
Top 25%
76
Strong BuyMaintains$165.00+17.92%2021-04-07
KeyBanc
Top 5%
96
Strong BuyMaintains$151.00+7.91%2021-04-07
B. Riley
Top 1%
100
Strong BuyMaintains$195.00+39.36%2021-04-05
Bank of America
Top 15%
86
Strong BuyMaintains$150.00+7.20%2021-03-23

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Forecast return on equity

Is AMAT forecast to generate an efficient return?
Company
60.03%
Industry
62.87%
Market
48.5%
AMAT's Return on Equity is forecast to be high in 3 years (60.03%); 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
29.89%
Industry
27.79%
Market
16.73%
AMAT is forecast to generate higher Return on Assets (29.89%) than the US Semiconductor Equipment & Materials industry average (27.79%)
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
$6.55+35.29%
Avg 2 year Forecast
$7.34+51.58%
Avg 3 year Forecast
$7.88+62.74%
AMAT's earnings are forecast to grow at an exceptional rate of 22.6% per year
Forecast

AMAT revenue forecast

What is AMAT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$22.6B+14.24%
Avg 2 year Forecast
$24.6B+23.93%
Avg 3 year Forecast
$25.7B+29.53%
AMAT's revenue is forecast to grow at a rate of 10.77% 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
22.6%
Industry
20.52%
Market
24.81%
AMAT's earnings are forecast to grow faster (22.6% per year) than the US Semiconductor Equipment & Materials industry average (20.52%)
Forecast
AMAT's earnings are forecast to grow slower (22.6% per year) than the US market average (24.81%)
Forecast
AMAT's earnings are forecast to grow faster (22.6% per year) than the risk-free savings rate (1.2%)
Forecast

AMAT revenue growth forecast

How is AMAT forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?
Company
10.77%
Industry
13.6%
Market
16.58%
AMAT's revenues are forecast to grow slower (10.77% per year) than the US Semiconductor Equipment & Materials industry average (13.6%)
Forecast
AMAT's revenues are forecast to grow slower (10.77% per year) than the US market average (16.58%)
Forecast

Applied Materials Stock Forecast FAQ

Is Applied Materials Stock a good buy in 2021, 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, 13 (68.42%) are recommending AMAT as a Strong Buy, 4 (21.05%) are recommending AMAT as a Buy, 2 (10.53%) 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 22.6% is forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 20.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 24.81%.

Applied Materials's earnings in 2021 is $4,432,000,000.On average, 9 Wall Street analysts forecast AMAT's earnings for 2021 to be $5,984,563,194, with the lowest AMAT earnings forecast at $5,895,175,876, and the highest AMAT earnings forecast at $6,041,412,797. On average, 9 Wall Street analysts forecast AMAT's earnings for 2022 to be $6,705,602,613, with the lowest AMAT earnings forecast at $6,352,166,254, and the highest AMAT earnings forecast at $7,183,888,742.

In 2023, AMAT is forecast to generate $7,199,152,221 in earnings, with the lowest earnings forecast at $6,809,156,632 and the highest earnings forecast at $7,750,556,811.

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

(NASDAQ: AMAT) Applied Materials's forecast annual revenue growth rate of 10.77% is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 13.6%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 16.58%.

Applied Materials's revenue in 2021 is $19,827,000,000.On average, 5 Wall Street analysts forecast AMAT's revenue for 2021 to be $20,701,475,843,364, with the lowest AMAT revenue forecast at $20,556,140,107,430, and the highest AMAT revenue forecast at $20,770,212,680,100. On average, 5 Wall Street analysts forecast AMAT's revenue for 2022 to be $22,458,536,212,198, with the lowest AMAT revenue forecast at $21,609,329,272,376, and the highest AMAT revenue forecast at $23,174,905,188,944.

In 2023, AMAT is forecast to generate $23,471,963,558,336 in revenue, with the lowest revenue forecast at $22,905,893,233,030 and the highest revenue forecast at $24,456,662,661,350.

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

(NASDAQ: AMAT) forecast ROA is 29.89%, which is higher than the forecast US Semiconductor Equipment & Materials industry average of 27.79%.

What is AMAT's Price Target?

According to 19 Wall Street analysts that have issued a 1 year AMAT price target, the average AMAT price target is $153.21, 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 $153.21 by May 21, 2022. The average Applied Materials stock price prediction forecasts a potential downside of N/A from the current AMAT share price of $139.93.

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

(NASDAQ: AMAT) Applied Materials's current Earnings Per Share (EPS) is $4.84. On average, analysts forecast that AMAT's EPS will be $6.55 for 2021, with the lowest EPS forecast at $6.45, and the highest EPS forecast at $6.61. On average, analysts forecast that AMAT's EPS will be $7.34 for 2022, with the lowest EPS forecast at $6.95, and the highest EPS forecast at $7.86. In 2023, AMAT's EPS is forecast to hit $7.88 (min: $7.45, max: $8.48).

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

(NASDAQ: AMAT) forecast ROE is 60.03%, which is considered strong.
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