Applied Materials Hits 52-Week High on Analyst Upgrade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10 Dec 25
Source: Fool
Applied Materials Inc saw a price increase of 3.04%, reaching a 52-week high amid positive market conditions.
TD Cowen raised its price target for Applied Materials from $260 to $315, maintaining a Buy rating due to strong growth potential in the DRAM and leading-edge Foundry sectors. Analysts project a 17% growth in non-China DRAM Wafer Fab Equipment for 2026, indicating robust demand driven by the AI boom.
The optimistic outlook from analysts reflects the company's strong market position and growth prospects, suggesting that Applied Materials is well-positioned to capitalize on the increasing demand in the semiconductor industry.
Analyst Views on AMAT
Wall Street analysts forecast AMAT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMAT is 288.05 USD with a low forecast of 190.00 USD and a high forecast of 425.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
18 Buy
4 Hold
0 Sell
Strong Buy
Current: 319.460
Low
190.00
Averages
288.05
High
425.00
Current: 319.460
Low
190.00
Averages
288.05
High
425.00
About AMAT
Applied Materials, Inc. is a materials engineering solution company. The Company provides equipment, services and software to the semiconductor, display, and related industries. It operates in three segments: Semiconductor Systems, Applied Global Services (AGS), and Display. The Semiconductor systems segment designs, develops, manufactures and sells a range of primarily 300 mm equipment used to fabricate semiconductor chips, also referred to as integrated circuits (ICs). The AGS segment provides services, spares and factory automation software to customer fabrication plants globally. The AGS segment also manufactures and sells 200mm and other equipment. The Display segment is comprised primarily of products for manufacturing liquid crystal displays (LCDs), organic light-emitting diodes (OLEDs), and other display technologies for televisions, monitors, laptops, personal computers (PCs), tablets, smartphones, and other consumer-oriented devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
