How analysts reacted to Applied Materials’ results
Applied Materials reported on May 14, 2026 (quarter ended Apr 2026). In the next sessions, 18 Wall Street firms published notes: 18 raised their price target; none cut. The median target of the 18 firms with a before-and-after figure went from $452 to $523 (+16%). The shares rose 1% on May 14, the day of the report.
Every firm’s call 18
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 18% ($520.65 on Oct 7), against a median target of $523 from these firms. Applied Materials consensus today
| Before After Share price | ||||||
|---|---|---|---|---|---|---|
 Goldman Sachs | Buy | $390 | $520 | +33% | May 15 | |
 JP Morgan | Buy | $400 | $515 | +29% | May 15 | |
 Jefferies | Buy | $415 | $510 | +23% | May 15 | |
 KeyBanc | Buy | $450 | $550 | +22% | May 15 | |
 Mizuho | Buy | $410 | $500 | +22% | May 15 | |
 Needham | Buy | $440 | $530 | +20% | May 15 | |
 Wells Fargo | Buy | $435 | $520 | +20% | May 15 | |
 TD Cowen | Buy | $450 | $525 | +17% | May 15 | |
 Bank of America | Buy | $465 | $540 | +16% | May 15 | |
 Barclays | Buy | $450 | $500 | +11% | May 15 | |
 Morgan Stanley | Buy | $454 | $502 | +11% | May 15 | |
 Wolfe Research | Buy | $500 | $550 | +10% | May 15 | |
 UBS | Buy | $480 | $515 | +7% | May 15 | |
 Stifel | Buy | $500 | $530 | +6% | May 15 | |
 Citi | Buy | $520 | $550 | +6% | May 15 | |
 Cantor | Buy | $550 | $575 | +5% | May 15 | |
 RBC Capital | Buy | $500 | $520 | +4% | May 15 | |
 B Riley | Buy | $530 | $550 | +4% | May 15 |
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