Applied Materials (AMAT) Stock Price Target 2026

The average analyst price target for Applied Materials is $640.04, 73.1% above the current price. Of 26 analysts, 24 rate it Buy and 2 Hold. Targets range from $475 to $900. The latest change came on Nov 9, 2026, when B. Riley Securities lowered its price target on Applied Materials from $700 to $475 and kept a Buy rating.

The Average Analyst Price Target for Applied Materials is $640.04.

Price Target Range — 4 Quarters

Analyst Consensus — 26 Analysts

24Buy

2Hold

Consensus RatingBuy# Analysts26Avg. Consensus PT$640.04Upside to Avg. PT+73.1%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Applied Materials Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 9, 2026	B. Riley Securities	Craig Ellis	PT Cut	Buy	$700→$475
Nov 3, 2026	Morgan Stanley	Shane Brett	PT Cut	Equal-Weight	$563→$538
Oct 16, 2026	Needham	Charles Shi	PT Cut	Buy	$740→$580
Oct 15, 2026	Evercore ISI Group	Mark Lipacis	PT Cut	Outperform	$700→$590
Oct 14, 2026	RBC Capital	Srini Pajjuri	Maintained	Outperform	$600
Sep 28, 2026	Morgan Stanley	Shane Brett	PT Cut	Equal-Weight	$642→$563
Sep 1, 2026	UBS	Timothy Arcuri	PT Raise	Buy	$675→$695
Aug 25, 2026	Mizuho	Vijay Rakesh	PT Cut	Outperform	$650→$590
Aug 18, 2026	Argus Research	Jim Kelleher	PT Raise	Buy	$500→$600
Aug 14, 2026	Cantor Fitzgerald	C.J. Muse	Maintained	Overweight	$850
Aug 14, 2026	Stifel	Brian Chin	Maintained	Buy	$650
Aug 14, 2026	Keybanc	Steve Barger	Maintained	Overweight	$750
Aug 14, 2026	Deutsche Bank	Melissa Weathers	Maintained	Buy	$605
Aug 14, 2026	UBS	Timothy Arcuri	PT Cut	Buy	$705→$675
Aug 14, 2026	Craig-Hallum	Christian Schwab	PT Raise	Buy	$530→$585
Aug 14, 2026	Bernstein	Stacy Rasgon	PT Raise	Outperform	$675→$700
Aug 14, 2026	Morgan Stanley	Shane Brett	PT Cut	Equal-Weight	$646→$642
Aug 14, 2026	TD Cowen	Krish Sankar	Maintained	Buy	$700
Aug 14, 2026	RBC Capital	Srini Pajjuri	PT Raise	Outperform	$520→$600
Aug 14, 2026	B. Riley Securities	Craig Ellis	PT Cut	Buy	$790→$700