Bernstein Applied Materials · AMAT

Bernstein Raises Applied Materials Price Target to $675

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$675
from $525 (+29%)
Upside
+73%
AMAT at $390 today
Bernstein and Applied Materials logos

What the analyst said

Bernstein SocGen Group analyst Stacy Rasgon raised the price target on Applied Materials (NASDAQ: AMAT) to $675 (from $525) while maintaining an Outperform rating.

Disclaimer
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.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

AMAT trades at $390. The 8 analysts who set a target in the last 3 months range from $563 to $850, with a median of $685. This $675 target is 1% below the median.

Since the note AMAT has moved −28% (from $539). 12-month window: day 82 of 365, closes on August 10, 2027.

Track record

This callOpen: AMAT has not reached $675 yet. This 12-month target is scored on August 10, 2027.

Firm track recordBernstein: 80% of its 20 targets at least a year old were reached within 12 months (#16 of 21 firms). Accuracy ranking →

Bernstein on Applied Materials

Bernstein price targets on Applied Materials

3 calls from January 12, 2026 to August 10, 2026. The target went from $325 to $675 (+108%). The rating stayed Buy.

Bernstein targetAMAT share price
  1. August 10, 2026 This noteTarget raised from $390 (+73%)Buy$675
  2. February 9, 2026Target raised from $325 (+20%)Buy$390
  3. January 12, 2026Earliest call shownBuy$325
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Other analysts on Applied Materials

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 UBSBuy Raised price target +3%, kept rating Sep 1 $695from $675
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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.