How analysts reacted to Applied Materials’ results
Applied Materials reported on February 12, 2026 (quarter ended Jan 2026). In the next sessions, 12 Wall Street firms published notes: 12 raised their price target; none cut. The median target of the 12 firms with a before-and-after figure went from $367 to $445 (+21%). The shares rose 8% on Feb 13, the first session after the report.
Every firm’s call 12
The first note from each firm in the session that reacted to the results and the next two, with its previous target. Since then the shares have gained 47% ($520.65 on Oct 7), against a median target of $445 from these firms. Applied Materials consensus today
| Before After Share price | ||||||
|---|---|---|---|---|---|---|
 TD Cowen | Buy | $315 | $450 | +43% | Feb 13 | |
 Stifel | Buy | $340 | $450 | +32% | Feb 13 | |
 Goldman Sachs | Buy | $310 | $390 | +26% | Feb 13 | |
 Barclays | Buy | $360 | $450 | +25% | Feb 17 | |
 Wells Fargo | Buy | $350 | $435 | +24% | Feb 13 | |
 KeyBanc | Buy | $380 | $450 | +18% | Feb 13 | |
 Morgan Stanley | Buy | $364 | $420 | +15% | Feb 13 | |
 Deutsche Bank | Buy | $390 | $450 | +15% | Feb 13 | |
 Needham | Buy | $390 | $440 | +13% | Feb 13 | |
 Wolfe Research | Buy | $400 | $450 | +13% | Feb 13 | |
 RBC Capital | Buy | $385 | $430 | +12% | Feb 13 | |
 Mizuho | Buy | $370 | $410 | +11% | Feb 13 |
Earlier Applied Materials reports
Latest earnings reactions
MicronSep 3020 of 24 kept targetsMedian target +1%Shares +3%
OracleSep 106 of 12 kept targetsMedian target +1%Shares −5%
BroadcomSep 27 of 18 raised targetsMedian target +3%Shares −3%
NIOSep 14 of 4 cut targetsMedian target −29%Shares −5%
MarvellAug 275 of 11 raised targetsMedian target 0%Shares −10%
Li AutoAug 266 of 7 cut targetsMedian target −10%Shares −1%How this works: the earnings date and EPS figures come from Nasdaq. The calls are the notes in our database from the session that reacted to the results and the next two, one per firm (its first); for reports after the close, notes dated the report day are treated as previews and left out. “Before” is the previous target quoted in the note or, if missing, the firm’s last target in our database. The median target uses firms with both figures. The share move compares the close before the reaction session with the close of the session that moved most (the report day or the next one). Which firms’ targets come true