Wells Fargo Applied Materials · AMAT

Wells Fargo Raises Applied Materials Price Target to $350

Jan 15, 2026 Analyst: Joe Quatrochi 1 min read Reproduced verbatim
Rating
Buy
Price target
$350
from $290
Implied upside
+16%
vs $301.89 prior close
Wells Fargo and Applied Materials logos

Wells Fargo analyst Joe Quatrochi raised the price target on Applied Materials (NASDAQ: AMAT) to $350.00 (from $290.00) while maintaining an Overweight rating.

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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Tracking this call

Since this note+72% AMAT $301.89 → $520.65 (Oct 8) · target reached

This call at 6 months✓ Target reached on Feb 13, 2026, 29 days after the note.

Firm track recordWells Fargo reached 73% of its 41 scored targets within six months (#10 of 31 firms); on Applied Materials, 2 of 2. Accuracy ranking →

Wells Fargo on Applied Materials · target history
Jan 15, 2026 · $350 · Buy · this note Feb 13, 2026 · $435 · Buy May 15, 2026 · $520 · Buy Jun 22, 2026 · $715 · Buy Jun 26, 2026 · $740 · Buy
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More from Wells Fargo on Applied Materials

Jun 26, 2026 Buy Raised price target +3%, kept rating $740from $715 Jun 22, 2026 Buy Raised price target +38%, kept rating $715from $520

Other Applied Materials notes

Morgan StanleyHold Raised price target +22%, kept rating · Sep 28 $563from $462 CitiBuy Kept rating and price target · Sep 8 $710maintained UBSBuy Raised price target +3%, kept rating · Sep 1 $695from $675 MizuhoBuy Cut price target −9%, kept rating · Aug 25 $590from $650 Morgan StanleyHold Cut price target −1%, kept rating · Aug 17 $642from $646
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.