What the analyst said

Stifel analyst Brian Chin raised the price target on Applied Materials (NASDAQ: AMAT) to $450.00 (from $340.00) while maintaining a Buy 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.

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Where the price stands

AMAT trades at $371. The 7 analysts who set a target in the last 3 months range from $538 to $850, with a median of $695. This $450 target is 35% below the median, the lowest on the Street.

Since the note AMAT has moved +13% (from $328). 12-month window: day 269 of 365, closes on February 13, 2027.

Track record

This call✓ Target reached on May 26, 2026, 3 months after the note.

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

Earnings reactionOne of 12 notes after Applied Materials’s Feb 12 results: 12 raised · 0 cut · 0 kept. See every call →

Stifel on Applied Materials

Stifel price targets on Applied Materials

5 calls from January 14, 2026 to July 10, 2026. The target went from $340 to $650 (+91%). The rating stayed Buy.

Stifel targetAMAT share price
  1. July 10, 2026Target raised from $530 (+23%)Buy$650
  2. May 15, 2026Target raised from $500 (+6%)Buy$530
  3. May 12, 2026Target raised from $450 (+11%)Buy$500
  4. February 13, 2026 This noteTarget raised from $340 (+32%)Buy$450
  5. January 14, 2026Earliest call shownBuy$340
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Other analysts on Applied Materials

Morgan StanleyHold Cut price target −4%, kept ratingCut target Nov 3 $538from $563−4% CantorBuy Kept rating and price targetReiterated Oct 20 $850maintained EvercoreBuy Kept rating and price targetReiterated Oct 13 $700maintained Morgan StanleyHold Raised price target +22%, kept ratingRaised target Sep 28 $563from $462+22% CitiBuy Kept rating and price targetReiterated Sep 8 $710maintained
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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.