What the analyst said

Goldman Sachs analyst James Schneider raised the price target on Applied Materials (NASDAQ: AMAT) to $390.00 (from $310.00) 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 $390 target is 43% 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 February 25, 2026, 12 days after the note.

Firm track recordGoldman Sachs: 78% of its 37 targets at least a year old were reached within 12 months (#17 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 →

Goldman Sachs on Applied Materials

Goldman Sachs price targets on Applied Materials

2 calls from February 13, 2026 to May 15, 2026. The target went from $390 to $520 (+33%). The rating stayed Buy.

Goldman Sachs targetAMAT share price
  1. May 15, 2026Target raised from $390 (+33%)Buy$520
  2. February 13, 2026 This noteEarliest 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.