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Applied Materials Analyst Ratings

AMATNASDAQ
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$318.23
-8.78-2.68%
At close: Jan 20, 4:00 PM EST
$319.00
0.770.24%
After Hours: 5:12 PM EST
OverviewNewsEarningsOptionsGuidanceDividends

Analyst Ratings

Insider TradesShort InterestGovernment TradesStock Report
Consensus Rating1
Buy
Highest Price Target1
$425.00
Lowest Price Target1
$170.00
Consensus Price Target1
$272.17

Applied Materials Analyst Ratings and Price Targets | NASDAQ:AMAT | Benzinga

Applied Materials Inc has a consensus price target of $272.17 based on the ratings of 30 analysts. The high is $425 issued by Cantor Fitzgerald on January 8, 2026. The low is $170 issued by Daiwa Capital on August 20, 2025. The 3 most-recent analyst ratings were released by Needham, Keybanc, and Wells Fargo on January 20, 2026, January 16, 2026, and January 15, 2026, respectively. With an average price target of $373.33 between Needham, Keybanc, and Wells Fargo, there's an implied 17.11% upside for Applied Materials Inc from these most-recent analyst ratings.

Analyst Trends and Forecast

2
1
Sep 25
7
2
Oct 25
9
1
Nov 25
4
1
Dec 25
8
Jan
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Keybanc
Wells Fargo
Barclays
RBC Capital

1calculated from analyst ratings

Analyst Ratings for Applied Materials

Buy NowGet Alert
01/20/2026Buy Now22.34%Needham$260 → $390MaintainsBuyGet Alert
01/16/2026Buy Now19.2%Keybanc$285 → $380MaintainsOverweightGet Alert
01/15/2026Buy Now9.79%Wells Fargo$290 → $350MaintainsOverweightGet Alert
01/15/2026Buy Now12.93%Barclays$250 → $360UpgradeEqual-Weight → OverweightGet Alert
01/15/2026Buy Now20.77%RBC Capital → $385Initiates → OutperformGet Alert
01/14/2026Buy Now6.66%Stifel$250 → $340MaintainsBuyGet Alert
01/13/2026Buy Now9.79%B of A Securities$300 → $350MaintainsBuyGet Alert
01/12/2026Buy Now25.48%Susquehanna$180 → $400UpgradeNeutral → PositiveGet Alert
01/08/2026Buy Now33.32%Cantor Fitzgerald$350 → $425MaintainsOverweightGet Alert
12/18/2025Buy Now-4.32%B. Riley Securities$270 → $305MaintainsBuyGet Alert
12/17/2025Buy Now-23.14%Mizuho$205 → $245MaintainsNeutralGet Alert
12/15/2025Buy Now12.93%Jefferies$260 → $360MaintainsBuyGet Alert
12/15/2025Buy Now-9.03%Wells Fargo$255 → $290MaintainsOverweightGet Alert
12/02/2025Buy Now-10.6%Keybanc$240 → $285MaintainsOverweightGet Alert
11/25/2025Buy Now-10.6%UBS$250 → $285UpgradeNeutral → BuyGet Alert
11/14/2025Buy Now-21.58%Citigroup$205 → $250MaintainsBuyGet Alert
11/14/2025Buy Now-20.95%Morgan Stanley$256 → $252MaintainsOverweightGet Alert
11/14/2025Buy Now-18.44%JP Morgan$220 → $260MaintainsOverweightGet Alert
11/14/2025Buy Now-20.01%Wells Fargo$250 → $255MaintainsOverweightGet Alert
11/14/2025Buy Now-5.89%Cantor Fitzgerald$300 → $300ReiteratesOverweight → OverweightGet Alert
11/14/2025Buy Now-15.3%B. Riley Securities$265 → $270ReiteratesBuy → BuyGet Alert
11/14/2025Buy Now-35.69%Mizuho$215 → $205MaintainsNeutralGet Alert
11/14/2025Buy Now-40.4%Craig-Hallum$190 → $190DowngradeBuy → HoldGet Alert
11/14/2025Buy Now-18.44%Needham$260 → $260ReiteratesBuy → BuyGet Alert
11/11/2025Buy Now-21.58%Stifel$215 → $250MaintainsBuyGet Alert
10/20/2025Buy Now-21.58%Barclays$170 → $250MaintainsEqual-WeightGet Alert
10/16/2025Buy Now-32.56%Mizuho$175 → $215MaintainsNeutralGet Alert
10/13/2025Buy Now-21.58%B of A Securities$180 → $250UpgradeNeutral → BuyGet Alert
10/13/2025Buy Now-32.56%Stifel$180 → $215MaintainsBuyGet Alert
10/10/2025Buy Now-16.87%B. Riley Securities$200 → $265MaintainsBuyGet Alert
10/10/2025Buy Now-24.71%Keybanc$220 → $240MaintainsOverweightGet Alert
10/09/2025Buy Now-21.58%Goldman Sachs$215 → $250MaintainsBuyGet Alert
10/08/2025Buy Now-21.58%Wells Fargo$240 → $250MaintainsOverweightGet Alert
10/03/2025Buy Now-29.42%Cantor Fitzgerald$225 → $225ReiteratesOverweight → OverweightGet Alert
09/23/2025Buy Now-30.99%Keybanc$200 → $220MaintainsOverweightGet Alert
09/22/2025Buy Now-34.44%Morgan Stanley$172 → $209UpgradeEqual-Weight → OverweightGet Alert
09/12/2025Buy Now-45.1%Mizuho$200 → $175DowngradeOutperform → NeutralGet Alert
08/20/2025Buy Now-46.67%Daiwa Capital$185 → $170DowngradeOutperform → NeutralGet Alert
08/15/2025Buy Now-46.67%Deutsche Bank$200 → $170MaintainsHoldGet Alert
08/15/2025Buy Now-35.69%Citigroup$220 → $205MaintainsBuyGet Alert
08/15/2025Buy Now-43.53%UBS$185 → $180MaintainsNeutralGet Alert
08/15/2025Buy Now-35.69%Wells Fargo$215 → $205MaintainsOverweightGet Alert
08/15/2025Buy Now-37.26%Cantor Fitzgerald$220 → $200MaintainsOverweightGet Alert
08/15/2025Buy Now-46.04%Morgan Stanley$169 → $172MaintainsEqual-WeightGet Alert
08/15/2025Buy Now-30.99%JP Morgan$210 → $220MaintainsOverweightGet Alert
08/15/2025Buy Now-43.53%Stifel$195 → $180MaintainsBuyGet Alert
08/15/2025Buy Now-37.26%Wolfe Research$230 → $200MaintainsOutperformGet Alert
08/15/2025Buy Now-37.26%Mizuho$220 → $200MaintainsOutperformGet Alert
08/15/2025Buy Now-34.44%Evercore ISI Group$209 → $209ReiteratesOutperform → OutperformGet Alert
08/15/2025Buy Now-43.53%B of A Securities$190 → $180DowngradeBuy → NeutralGet Alert
08/04/2025Buy Now-41.97%UBS$175 → $185MaintainsNeutralGet Alert
07/28/2025Buy Now-46.67%Barclays$160 → $170MaintainsEqual-WeightGet Alert
07/14/2025Buy Now-30.99%Mizuho$195 → $220MaintainsOutperformGet Alert
07/10/2025Buy Now-29.42%Goldman Sachs → $225Initiates → BuyGet Alert
07/08/2025Buy Now-32.56%Wells Fargo$200 → $215MaintainsOverweightGet Alert
07/07/2025Buy Now-37.26%Redburn Atlantic$225 → $200DowngradeBuy → NeutralGet Alert
07/07/2025Buy Now-30.99%Citigroup$190 → $220MaintainsBuyGet Alert
07/01/2025Buy Now-46.99%Morgan Stanley$158 → $169MaintainsEqual-WeightGet Alert
06/24/2025Buy Now-30.99%Cantor Fitzgerald$200 → $220MaintainsOverweightGet Alert
06/06/2025Buy Now-50.44%Morgan Stanley$162 → $158UpgradeUnderweight → Equal-WeightGet Alert
06/01/2025Buy Now-30.99%Evercore ISI Group$209 → $220MaintainsOutperformGet Alert
05/16/2025Buy Now-34.44%Evercore ISI Group$220 → $209MaintainsOutperformGet Alert
05/16/2025Buy Now-38.83%Mizuho$205 → $195MaintainsOutperformGet Alert
05/16/2025Buy Now-37.26%Raymond James$225 → $200ReiteratesOutperform → OutperformGet Alert
05/16/2025Buy Now-49.18%Morgan Stanley$164 → $162MaintainsUnderweightGet Alert
05/16/2025Buy Now-40.4%Citigroup$170 → $190MaintainsBuyGet Alert
05/16/2025Buy Now-37.26%Cantor Fitzgerald$200 → $200ReiteratesOverweight → OverweightGet Alert
05/16/2025Buy Now-37.26%Wells Fargo$205 → $200MaintainsOverweightGet Alert
05/16/2025Buy Now-34.12%JP Morgan$240 → $210MaintainsOverweightGet Alert
05/16/2025Buy Now-38.83%Needham$195 → $195ReiteratesBuy → BuyGet Alert
05/12/2025Buy Now-37.26%Cantor Fitzgerald$220 → $200MaintainsOverweightGet Alert
05/12/2025Buy Now-32.56%B. Riley Securities$250 → $215MaintainsBuyGet Alert
04/22/2025Buy Now-49.81%Barclays$190 → $160MaintainsEqual-WeightGet Alert
04/16/2025Buy Now-40.4%B of A Securities$205 → $190MaintainsBuyGet Alert
04/15/2025Buy Now-38.83%Stifel$235 → $195MaintainsBuyGet Alert
04/11/2025Buy Now-46.67%Citigroup$202 → $170MaintainsBuyGet Alert
03/28/2025Buy Now-38.83%Jefferies → $195UpgradeHold → BuyGet Alert
02/18/2025Buy Now-36.63%Citigroup$194 → $202MaintainsBuyGet Alert
02/14/2025Buy Now-35.69%Wells Fargo$200 → $205MaintainsOverweightGet Alert
02/14/2025Buy Now-35.69%Mizuho$210 → $205MaintainsOutperformGet Alert
02/14/2025Buy Now-45.1%Deutsche Bank$170 → $175MaintainsHoldGet Alert
02/14/2025Buy Now-38.83%Needham$200 → $195MaintainsBuyGet Alert
02/14/2025Buy Now-40.4%Barclays$200 → $190MaintainsEqual-WeightGet Alert
02/11/2025Buy Now-26.28%Stifel$250 → $235MaintainsBuyGet Alert
01/22/2025Buy Now-48.24%Susquehanna$155 → $165MaintainsNeutralGet Alert
01/17/2025Buy Now-29.42%Keybanc$225 → $225UpgradeSector Weight → OverweightGet Alert
01/17/2025Buy Now-37.26%Barclays$225 → $200MaintainsEqual-WeightGet Alert
01/13/2025Buy Now-37.26%Needham$225 → $200MaintainsBuyGet Alert
01/13/2025Buy Now-37.26%Wells Fargo$210 → $200MaintainsOverweightGet Alert
01/10/2025Buy Now-34.12%Mizuho$220 → $210MaintainsOutperformGet Alert
01/10/2025Buy Now-36.63%Goldman Sachs$230 → $202MaintainsBuyGet Alert
12/17/2024Buy Now-39.14%Citigroup$217 → $194MaintainsBuyGet Alert
12/06/2024Buy Now-34.12%Wells Fargo$220 → $210MaintainsOverweightGet Alert
12/05/2024Buy Now-48.55%Morgan Stanley$179 → $164DowngradeEqual-Weight → UnderweightGet Alert
11/29/2024Buy Now-34.12%Bernstein$220 → $210MaintainsOutperformGet Alert
11/15/2024Buy Now-21.58%B. Riley Securities$280 → $250MaintainsBuyGet Alert
11/15/2024Buy Now-27.85%Wolfe Research$230 → $230MaintainsOutperformGet Alert
11/15/2024Buy Now-24.71%JP Morgan$250 → $240MaintainsOverweightGet Alert
11/15/2024Buy Now-27.85%TD Cowen$250 → $230MaintainsBuyGet Alert
11/15/2024Buy Now-21.58%Cantor Fitzgerald$250 → $250ReiteratesOverweight → OverweightGet Alert

FAQ

Q

What is the target price for Applied Materials (AMAT) stock?

A

The latest price target for Applied Materials (NASDAQ:AMAT) was reported by Needham on January 20, 2026. The analyst firm set a price target for $390.00 expecting AMAT to rise to within 12 months (a possible 22.26% upside). 85 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Applied Materials (AMAT)?

A

The latest analyst rating for Applied Materials (NASDAQ:AMAT) was provided by Needham, and Applied Materials maintained their buy rating.

Q

When was the last upgrade for Applied Materials (AMAT)?

A

The last upgrade for Applied Materials Inc happened on January 15, 2026 when Barclays raised their price target to $360. Barclays previously had an equal-weight for Applied Materials Inc.

Q

When was the last downgrade for Applied Materials (AMAT)?

A

The last downgrade for Applied Materials Inc happened on November 14, 2025 when Craig-Hallum changed their price target from $190 to $190 for Applied Materials Inc.

Q

When is the next analyst rating going to be posted or updated for Applied Materials (AMAT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Applied Materials, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Applied Materials was filed on January 20, 2026 so you should expect the next rating to be made available sometime around January 20, 2027.

Q

Is the Analyst Rating Applied Materials (AMAT) correct?

A

While ratings are subjective and will change, the latest Applied Materials (AMAT) rating was a maintained with a price target of $260.00 to $390.00. The current price Applied Materials (AMAT) is trading at is $319.00, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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