NASDAQ:AMAT

Applied Materials (AMAT) Price Target & Analyst Ratings

$129.92

+4.22 (+3.36%)

(As of 05/18/2023 ET)

Compare

Today's Range: $125.76
▼
$132.06
50-Day Range: $110.31
▼
$125.70
52-Week Range: $71.12
▼
$132.06

Volume: 10.49 million shs
Average Volume: 6.22 million shs
Market Capitalization: $109.80 billion

P/E Ratio: 17.42
Dividend Yield: 0.80%
Price Target: $129.31

Applied Materials Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 27 Analyst Ratings

Consensus Analyst Price Target

$129.31
-0.47% Downside

High Prediction	$271.00
Average Prediction	$129.31
Low Prediction	$90.00

Type	Current 5/18/22 to 5/18/23	1 Month Ago 4/18/22 to 4/18/23	3 Months Ago 2/17/22 to 2/17/23	1 Year Ago 5/18/21 to 5/18/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	20 Buy rating(s)	20 Buy rating(s)	19 Buy rating(s)	15 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$129.31	$129.31	$124.12	$168.43
Predicted Upside	-0.47% Downside	21.27% Upside	16.94% Upside	22.31% Upside

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AMAT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AMAT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Applied Materials Stock vs. The Competition

Type	Applied Materials	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.70	2.55	2.48
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	-0.29% Downside	294.45% Upside	169.89% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/6/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$133.00	+13.37%
3/1/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$135.00	+14.84%
3/1/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
2/24/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$279.00 ➝ $271.00	+140.01%
2/17/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$130.00 ➝ $135.00	+16.94%
2/17/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$105.00 ➝ $120.00	+3.95%

2/17/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$132.00 ➝ $136.00	+17.81%
2/17/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$88.00 ➝ $125.00	+8.28%
2/17/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$118.00 ➝ $125.00	+7.58%
2/17/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$126.00 ➝ $139.00	+20.46%
2/17/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$140.00 ➝ $150.00	+29.99%
2/17/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$132.00 ➝ $140.00	+21.33%
1/23/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight	$80.00 ➝ $90.00	-17.92%
1/3/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	H. Chung Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
12/6/2022	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$125.00	+19.38%
11/30/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$98.00 ➝ $120.00	+10.24%
11/21/2022	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$130.00	+23.90%
11/18/2022	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$100.00 ➝ $120.00	+14.89%
11/18/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$80.00 ➝ $92.00	-11.92%
11/18/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$100.00 ➝ $135.00	+29.25%
11/18/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$115.00 ➝ $120.00	+14.89%
11/18/2022	Summit Insights Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
11/17/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$150.00 ➝ $135.00	+29.53%
10/21/2022	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Pierre Ferragu Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$115.00	+46.18%
10/17/2022	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Dorsheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform
10/14/2022	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$155.00 ➝ $120.00	+51.10%
10/7/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$125.00 ➝ $102.00	+15.75%
5/20/2022	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$153.00 ➝ $132.00	+19.20%

(Data available from 5/18/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

AMAT Price Target - Frequently Asked Questions

What is Applied Materials's consensus rating and price target?: According to the issued ratings of 27 analysts in the last year, the consensus rating for Applied Materials stock is Moderate Buy based on the current 1 sell rating, 6 hold ratings and 20 buy ratings for AMAT. The average twelve-month price prediction for Applied Materials is $129.31 with a high price target of $271.00 and a low price target of $90.00. Learn more on AMAT's analyst rating history.
Do Wall Street analysts like Applied Materials more than its competitors?: Analysts like Applied Materials more than other Computer and Technology companies. The consensus rating for Applied Materials is Moderate Buy while the average consensus rating for computer and technology companies is Buy. Learn more on how AMAT compares to other companies.
Is Applied Materials being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Applied Materials's stock had 1 upgrade and 1 downgrade by analysts.

Does Applied Materials's stock price have much upside?: According to analysts, Applied Materials's stock has a predicted upside of 21.27% based on their 12-month price targets.
What analysts cover Applied Materials?: Applied Materials has been rated by B. Riley, BNP Paribas, Cowen, Craig Hallum, Deutsche Bank Aktiengesellschaft, KGI Securities, Mizuho, Morgan Stanley, Needham & Company LLC, Stifel Nicolaus, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:AMAT) was last updated on 5/18/2023 by MarketBeat.com Staff

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