Wall Street consensus, price target range, and equity research thesis
Wall Street currently rates AMAT buy with a 12-month price target of $671 (+32.4% upside). The sections below cover the bull case, key risks, and latest earnings context for Applied Materials, Inc..
Recent Analyst Actions
6 of 7 analysts raised targets. Recent price target changes and ratings for AMAT.
| Firm | Action | Rating | Price Target |
|---|---|---|---|
| Barclays | Raised | Overweight | $500$590 |
| UBS | Raised | Buy | $515$570 |
| Cantor Fitzgerald | Raised | Overweight | $575$650 |
| Cantor Fitzgerald | Maintained | Overweight | $575$575 |
| Mizuho | Raised | Outperform | $500$540 |
| Argus Research | Raised | Buy | $420$500 |
| Morgan Stanley | Initiated | Equal-Weight | $502 |
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Analyst Research Summary
A structured look at the bull case, the risks, and the most recent earnings execution for AMAT.
AMAT beat estimates last quarter. Below are the key reasons analysts remain constructive and the risks that could change that view.
What keeps the long thesis intact
Wall Street rates AMAT buy, giving the bull case institutional backing from 53 analysts.
What can break the setup quickly
Watch whether new negative commentary on AMAT points to these structural risks or is simply reacting to short-term price moves.
Last Quarter
Stock snapshot, live price chart, key ratios, and company profile.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying AMAT stock.
AMAT looks attractive at current levels — Wall Street's consensus rating is "Buy" with a $671 price target (+32.4% upside from $507.18). This is informational only — verify the data and consider your own risk tolerance before deciding.
Timing depends on your horizon, but the data signals are: consensus rating "Buy" with +32.4% upside to the $671 target. In the past 30 days, 6 of 7 covering analysts raised their price targets — a bullish signal.
AMAT's consensus 12-month price target is $671, set by 53 Wall Street analysts. The bull case high is $900 and the bear case low is $500. From the current price of $507.18, this implies +32.4% upside.
AMAT appears undervalued — the $671 consensus target is +32.4% above today's $507.18. It trades at a forward P/E of 41.3x. Targets range from $500 (bear) to $900 (bull), reflecting different assumptions about growth and margins.
AMAT reports next quarter. Earnings-week moves are volatile — historically, analyst targets revise upward after a beat and downward after a miss. The current consensus is "Buy" with a $671 target. Consider position sizing rather than going all-in pre-print.
Of 53 analysts covering Applied Materials, Inc. (AMAT): 1 Strong Buy, 40 Buy, 12 Hold, 0 Sell, 0 Strong Sell — a "Buy" consensus. The 12-month price target is $671 (range $500–$900). Bullish analysts outnumber bearish by more than 2-to-1.
No analyst currently rates AMAT a Sell, but the 12 Hold ratings reflect concerns about valuation, execution risk, or near-term catalysts. See the Bull vs. Risk cards above for the specific theses on Applied Materials, Inc..
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