What the analyst said

B.Riley analyst Craig Ellis raised the price target on Applied Materials (NASDAQ: AMAT) to $500 (from $475) while maintaining a Buy 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.

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Where the price stands

AMAT trades at $360. The 15 analysts who set a target in the last 3 months range from $470 to $850, with a median of $520. This $500 target is 4% below the median.

12-month window: day 0 of 365, closes on November 13, 2027.

Track record

This callOpen: a 12-month target, scored on November 13, 2027, a year after the note.

Firm track recordToo early to score B Riley: price targets are 12-month calls and fewer than 5 of its targets are a year old. 4 of its 16 open targets have already been reached. How we score

B Riley on Applied Materials

B Riley price targets on Applied Materials

3 calls from May 15, 2026 to November 13, 2026. The target went from $550 to $500 (−9%). The rating stayed Buy.

B Riley targetAMAT share price
  1. November 13, 2026 This noteTarget cut from $790 (−37%)Buy$500
  2. June 26, 2026Target raised from $550 (+44%)Buy$790
  3. May 15, 2026Earliest call shownBuy$550
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Other analysts on Applied Materials

Morgan StanleyHold Cut price target −6%, kept ratingCut target Nov 13 $507from $538−6% JP MorganBuy Cut price target −24%, kept ratingCut target Nov 13 $500from $660−24% StifelBuy Cut price target −8%, kept ratingCut target Nov 13 $600from $650−8% NeedhamBuy Cut price target −19%, kept ratingCut target Nov 13 $470from $580−19% Wells FargoBuy Cut price target −18%, kept ratingCut target Nov 13 $500from $610−18%
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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.