Applied Materials Stock Forecast, Price Target & Analyst Ratings
Median price target
The median of the latest 12-month price targets from 8 Wall Street analysts on Applied Materials (AMAT), as of November 2026, against the last close of $390.09.
How we calculate these numbers
Median of each firm’s most recent 12-month price target published in the last 3 months (8 firms). Last close $390.09 on Oct 30, 2026. Each target comes from an analyst note listed on this page. Report an error
- Range
- $563 Morgan Stanley → $850 Cantor
- Average
- $679 of the same 8 targets
- Ratings · last 3 months
- 7 of 10 analysts rate it Buy · 3 Hold
All Applied Materials notes 89
Every research note on Applied Materials, newest first. Open one to read the analyst’s own words.
MizuhoBuyCut price target −9%, kept rating Aug 25$590from $650
Morgan StanleyHoldCut price target −1%, kept rating Aug 17$642from $646MizuhoBuyKept rating and price target Aug 14$650maintained
Bank of AmericaBuyCut price target −10%, kept rating Aug 14$650from $720
UBSBuyCut price target −4%, kept rating Aug 14$675from $705
William BlairHoldRating only, no price target Aug 11No target
BernsteinBuyRaised price target +29%, kept rating Aug 10$675from $525
Erste GroupHoldDowngraded Aug 5No targetUBSBuyRaised price target +24%, kept rating Jul 15$705from $570
StifelBuyRaised price target +23%, kept rating Jul 10$650from $530MizuhoBuyRaised price target +20%, kept rating Jul 9$650from $540
TD CowenBuyRaised price target +33%, kept rating Jul 9$700from $525Morgan StanleyHoldRaised price target +29%, kept rating Jul 6$647from $502
SusquehannaBuyRaised price target +57%, kept rating Jun 30$900from $575
CantorBuyRaised price target +31%, kept rating Jun 29$850from $650
KeyBancBuyRaised price target +36%, kept rating Jun 29$750from $550
EvercoreBuyRaised price target +36%, kept rating Jun 26$700from $515
B RileyBuyRaised price target +44%, kept rating Jun 26$790from $550
Wells FargoBuyRaised price target +3%, kept rating Jun 26$740from $715Bank of AmericaBuyRaised price target +33%, kept rating Jun 23$720from $540Applied Materials share price and 12-month targets
The candles show the share price. The dotted lines run from today’s price to the highest, median and lowest 12-month analyst targets.
How the target has moved
Median targetShare priceSince the end of January 2026, the median 12-month price target on Applied Materials has risen 83%, from $375 to $685, while the share price has gained 21%. Buy ratings went from 100% to 70% of the firms covering the stock.
Month-by-month data and method
| Date | Median target | Firms | Buy | Share price |
|---|---|---|---|---|
| Today | $685 | 8 | 70% | $390.09 |
| Oct 31, 2026 | $685 | 8 | 70% | $390.09 |
| Sep 30, 2026 | $663 | 8 | 70% | $511.38 |
| Aug 31, 2026 | $700 | 15 | 82% | $458.39 |
| Jul 31, 2026 | $650 | 22 | 95% | $507.67 |
| Jun 30, 2026 | $545 | 22 | 95% | $723.00 |
| May 31, 2026 | $520 | 21 | 95% | $450.06 |
| Apr 30, 2026 | $440 | 17 | 100% | $394.49 |
| Mar 31, 2026 | $432 | 17 | 100% | $341.79 |
| Feb 28, 2026 | $432 | 17 | 100% | $372.30 |
| Jan 31, 2026 | $375 | 10 | 100% | $322.32 |
Each point is the median of every firm’s most recent 12-month target published in the three months before that date, the same rule as the headline median. Month-end points, plus today. Months when fewer than 7 firms had a recent target are not plotted. Prices and targets are split-adjusted.
Earnings reactions
How Wall Street moved its price targets right after each of Applied Materials’s last 3 reports. Latest: Aug 13 · All companies
Applied Materials stock forecast: questions
What is the price target for Applied Materials stock?
As of November 2026, the median 12-month price target on Applied Materials (AMAT) is $685, based on the latest target from each of 8 Wall Street analysts in the last 3 months. That is 76% above the latest price of $390.09.
What is the Applied Materials stock forecast for 2027?
Wall Street’s 12-month price targets on Applied Materials (AMAT) look ahead to August to October 2027. The median of the 8 latest targets is $685, 76% above the latest price, and they range from $563 to $850. A price target is an analyst’s estimate, not a promise.
Can Applied Materials stock reach $850?
Cantor has the highest 12-month price target on Applied Materials, $850, 118% above the latest price of $390.09. At least half of the 8 analysts have a target at or below the median of $685.
What are the highest and lowest Applied Materials price targets?
The highest 12-month target is $850 from Cantor and the lowest is $563 from Morgan Stanley.
Is Applied Materials a Buy, Hold or Sell?
Over the last 3 months, 10 Wall Street analysts rate Applied Materials: 7 Buy, 3 Hold and 0 Sell.
Why the median and not the average?
The median is the middle target, so one very high or very low call does not move it. The average of the same 8 targets is $679.