APPLIED MATERIALS INC (AMAT) Forecast, Price Target & Analyst Ratings

NASDAQ:AMAT • US0382221051

Current stock price

330.52 USD
-6.65 (-1.97%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for APPLIED MATERIALS INC (AMAT).

Forecast Snapshot

Consensus Price Target

Price Target
$415.88
+ 25.83% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 14, 2026
Period
Q2 / 2026
EPS Estimate
$2.71
Revenue Estimate
7.846B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.40%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$415.88
Upside
+ 25.83%
From current price of $330.52 to mean target of $415.88, Based on 43 analyst forecasts
Low
$277.75
Median
$433.50
High
$493.50

Price Target Revisions

1 Month
0.44%
3 Months
56.15%

Price Target Summary

43 Wall Street analysts provided a forecast for the next 12 months for AMAT. The average price target is 415.88 USD. This implies a price increase of 25.83% is expected in the next year compared to the current price of 330.52.
The average price target has been revised upward by 56.15% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AMAT Current Analyst RatingAMAT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

AMAT Historical Analyst RatingsAMAT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
81.40%
AMAT was analyzed by 43 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about AMAT.
In the previous month the buy percentage consensus was at a similar level.
AMAT was analyzed by 43 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-25Morgan StanleyMaintains Overweight -> Overweight
2026-02-17BarclaysMaintains Overweight -> Overweight
2026-02-13TD CowenMaintains Buy -> Buy
2026-02-13MizuhoMaintains Outperform -> Outperform
2026-02-13NeedhamMaintains Buy -> Buy
2026-02-13KeybancMaintains Overweight -> Overweight
2026-02-13B. Riley SecuritiesReiterate Buy -> Buy
2026-02-13StifelMaintains Buy -> Buy
2026-02-13Wells FargoMaintains Overweight -> Overweight
2026-02-13Goldman SachsMaintains Buy -> Buy
2026-02-13CitigroupMaintains Buy -> Buy
2026-02-10RBC CapitalReiterate Outperform -> Outperform
2026-02-04CitigroupMaintains Buy -> Buy
2026-02-02Morgan StanleyMaintains Overweight -> Overweight
2026-01-28MizuhoUpgrade Neutral -> Outperform
2026-01-23Deutsche BankUpgrade Hold -> Buy
2026-01-20NeedhamMaintains Buy -> Buy
2026-01-16KeybancMaintains Overweight -> Overweight
2026-01-15RBC CapitalInitiate Outperform
2026-01-15BarclaysUpgrade Equal-Weight -> Overweight
2026-01-15Wells FargoMaintains Overweight -> Overweight
2026-01-14StifelMaintains Buy -> Buy
2026-01-13B of A SecuritiesMaintains Buy -> Buy
2026-01-12SusquehannaUpgrade Neutral -> Positive
2026-01-08Cantor FitzgeraldMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 14, 2026
Period
Q2 / 2026
EPS Estimate
$2.71
Revenue Estimate
7.846B
Revenue Q2Q
10.51%
EPS Q2Q
13.57%
Number of Analysts
29

Next Earnings Revisions

Revenue (1 Month)
0.42%
Revenue (3 Months)
10.41%
EPS (1 Month)
0.00%
EPS (3 Months)
18.15%

Next Earnings Summary

AMAT is expected to report earnings on 5/14/2026. The consensus EPS estimate for the next earnings is 2.71 USD and the consensus revenue estimate is 7.85B USD.
The next earnings revenue estimate has been revised upward by 10.41% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
AMAT revenue by date.AMAT revenue by date.
26.517B
2.84%		27.176B
2.49%		28.368B
4.39%		31.975B
12.72%		38.167B
19.37%		41.13B
7.76%		48.362B
17.58%		52.287B
8.12%
EBITDA
YoY % growth
AMAT ebitda by date.AMAT ebitda by date.
8.169B
-0.72%		8.259B
1.10%		8.905B
7.82%		10.211B
14.67%		12.948B
26.80%		14.751B
13.92%		17.981B
21.90%		19.681B
9.45%
EBIT
YoY % growth
AMAT ebit by date.AMAT ebit by date.
7.654B
-1.67%		7.867B
2.78%		8.47B
7.66%		9.908B
16.98%		12.636B
27.53%		13.299B
5.25%		10.877B
-18.21%		11.823B
8.70%
Operating Margin
AMAT operating margin by date.AMAT operating margin by date.
28.86%28.95%29.86%30.99%33.11%32.33%22.49%22.61%
EPS
YoY % growth
AMAT eps by date.AMAT eps by date.
8.05
4.41%		8.66
7.58%		9.42
8.78%		11.21
19.03%		14.26
27.19%		14.99
5.14%		19.22
28.16%		21.44
11.57%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		2.71
13.57%		2.90
16.99%		3.20
47.35%		3.39
42.34%		3.56
31.29%		3.73
28.61%		3.86
20.71%		3.84
13.46%		4.06
13.91%		4.15
11.25%		4.28
10.78%
Revenue
Q2Q % growth		7.846B
10.51%		8.253B
13.02%		8.821B
29.72%		9.207B
31.30%		9.538B
21.57%		9.86B
19.47%		10.103B
14.53%		10.122B
9.94%		10.658B
11.74%		10.809B
9.62%		10.997B
8.85%
EBITDA
Q2Q % growth		2.471B
3.95%		2.605B
2.00%		2.915B
25.21%		3.145B
41.48%		3.243B
31.24%		3.332B
27.91%		3.348B
14.85%		3.483B
10.75%		3.855B
18.87%		3.931B
17.98%		4.05B
20.97%
EBIT
Q2Q % growth		2.416B
11.39%		2.562B
14.73%		2.818B
48.86%		3.064B
46.18%		3.216B
33.11%		3.323B
29.70%		3.411B
21.04%		3.412B
11.36%		3.685B
14.58%		3.738B
12.49%		3.82B
11.99%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AMAT Yearly Revenue VS EstimatesAMAT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B 50B
AMAT Yearly EPS VS EstimatesAMAT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15 20

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
16.76%
EPS Next 5 Year
17.88%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
12.60%
Revenue Next 5 Year
12.66%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
19.39%
EBIT Next 5 Year
17.82%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

APPLIED MATERIALS INC / AMAT Forecast FAQ

Can you provide the average price target for APPLIED MATERIALS INC stock?

43 analysts have analysed AMAT and the average price target is 415.88 USD. This implies a price increase of 25.83% is expected in the next year compared to the current price of 330.52.

Can you provide the upcoming earnings date for APPLIED MATERIALS INC?

APPLIED MATERIALS INC (AMAT) will report earnings on 2026-05-14, after the market close.

What are the consensus estimates for APPLIED MATERIALS INC (AMAT) next earnings?

The consensus EPS estimate for the next earnings of APPLIED MATERIALS INC (AMAT) is 2.71 USD and the consensus revenue estimate is 7.85B USD.

How many analysts have analysed APPLIED MATERIALS INC (AMAT)?

The number of analysts covering APPLIED MATERIALS INC (AMAT) is 43.