Analysts Upgrade ConocoPhillips Price Target to $132
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
0mins
Source: Benzinga
- Price Target Increase: Wells Fargo raised ConocoPhillips' price target from $100 to $132, with analyst Sam Margolin upgrading the stock from Equal-Weight to Overweight, which is expected to drive stock price appreciation and enhance market confidence.
- Significant Boost: Susquehanna increased Applied Materials' price target from $180 to $400, with analyst Mehdi Hosseini upgrading the rating from Neutral to Positive, reflecting optimism about strong demand in the semiconductor industry.
- Rating Adjustment: UBS raised Vista Energy's price target from $50 to $65, with analyst Tasso Vasconcellos upgrading the rating from Neutral to Buy, indicating confidence in the company's future growth potential.
- Price Target Downgrade: Citigroup cut Seadrill's price target from $35 to $32, with analyst Scott Gruber downgrading the rating from Neutral to Sell, signaling concerns about the company's outlook that may lead to decreased investor confidence.
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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: 332.710
Low
190.00
Averages
288.05
High
425.00
Current: 332.710
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.
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Mizuho Upgrades Applied Materials to Outperform Amid Rising CapEx
- Rating Upgrade: Mizuho Securities upgraded Applied Materials (AMAT) from Neutral to Outperform, anticipating significant benefits from rising capital expenditures in the U.S., Taiwan, and Japan, reflecting optimistic market expectations for semiconductor equipment demand.
- Price Target Increase: Mizuho raised AMAT's price target from $275 to $370, demonstrating confidence in the company's future growth potential, with projected equipment spending growth of 13% in 2026 and 12% in 2027.
- Strong Market Demand: Global wafer fabrication equipment spending is expected to reach $134 billion in 2026 and $150 billion in 2027, primarily driven by Taiwan Semiconductor Manufacturing and Intel, further solidifying AMAT's leadership position in the industry.
- Reduced Impact from China: Analysts noted that while China still accounts for 30% of AMAT's revenue, the accelerating growth of non-China revenues is expected to reduce China's share of the global wafer fabrication equipment market to 23-25% in 2026-2027, alleviating negative impacts on AMAT.
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