Wells Fargo Applied Materials · AMAT

Wells Fargo Raises Applied Materials Price Target to $435

Feb 13, 2026 Analyst: Joe Quatrochi 1 min read Reproduced verbatim
Rating
Buy
Price target
$435
from $350
Implied upside
+32%
vs $328.39 prior close
Wells Fargo and Applied Materials logos

Wells Fargo analyst Joe Quatrochi raised the price target on Applied Materials (NASDAQ: AMAT) to $435.00 (from $350.00) while maintaining an Overweight rating.

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Tracking this call

Since this note+55% AMAT $328.39 → $509.57 (Oct 9) · target reached

This call✓ Target reached on May 8, 2026, 3 months after the note.

Firm track recordWells Fargo: 46% of its 13 targets at least a year old were reached within 12 months (#19 of 20 firms). Accuracy ranking →

Earnings reactionOne of 12 notes after Applied Materials’s Feb 12 results: 12 of 12 raised targets. See every call →
Wells Fargo on Applied Materials · target history
Jan 15, 2026 · $350 · Buy Feb 13, 2026 · $435 · Buy · this note 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.