Citi Applied Materials · AMAT

Citi Raises Applied Materials Price Target to $710

Jun 17, 2026 Analyst: Atif Malik 1 min read Reproduced verbatim
Rating
Buy
Price target
$710
from $550
Implied upside
+25%
vs $568.23 prior close
Citi and Applied Materials logos

Citi analyst Atif Malik raised the price target on Applied Materials (NASDAQ: AMAT) to $710.00 (from $550.00) 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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Tracking this call

Since this note−8% AMAT $568.23 → $520.65 (Oct 8) · moving away from the target

This callScored on Dec 17, 2026, six months after the note: did AMAT reach $710?

Firm track recordCiti reached 72% of its 29 scored targets within six months (#13 of 31 firms). Accuracy ranking →

Citi on Applied Materials · target history
Feb 4, 2026 · $400 · Buy May 12, 2026 · $520 · Buy May 15, 2026 · $550 · Buy Jun 17, 2026 · $710 · Buy · this note Sep 8, 2026 · $710 · Buy
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More from Citi on Applied Materials

Sep 8, 2026 Buy Kept rating and price target $710maintained

Other Applied Materials notes

Morgan StanleyHold Raised price target +22%, kept rating · Sep 28 $563from $462 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 MizuhoBuy Kept rating and price target · Aug 14 $650maintained
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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.