What the analyst said

Deutsche Bank analyst Melissa Weathers raised the price target on Applied Materials (NASDAQ: AMAT) to $450.00 (from $390.00) while maintaining a Buy rating.

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Where the price stands

AMAT trades at $333. The 8 analysts who set a target in the last 3 months range from $538 to $850, with a median of $685. This $450 target is 34% below the median, the lowest on the Street.

Since the note AMAT has moved +1% (from $328). 12-month window: day 267 of 365, closes on February 13, 2027.

Track record

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

Firm track recordDeutsche Bank: 80% of its 25 targets at least a year old were reached within 12 months (#13 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 →

Deutsche Bank on Applied Materials

Deutsche Bank price targets on Applied Materials

2 calls from January 23, 2026 to February 13, 2026. The target went from $390 to $450 (+15%). The rating stayed Buy.

Deutsche Bank targetAMAT share price
  1. February 13, 2026 This noteTarget raised from $390 (+15%)Buy$450
  2. January 23, 2026Earliest call shownBuy$390
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Other analysts on Applied Materials

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