AMAT Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

6.88B

-4%

2.205

-7.35%

6.98B

-1.74%

2.249

-5.89%

7.19B

-1.58%

2.368

-4.52%

Estimates Revision

The market is revising Downward the revenue expectations for Applied Materials, Inc. (AMAT) for FY2026, with the revenue forecasts being adjusted by -0.77% over the past three months. During the same period, the stock price has changed by 49.15%.

Revenue Estimates for FY2026

Revise Downward

-0.77%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-0.67%

In Past 3 Month

Stock Price

Go Up

+49.15%

In Past 3 Month

21 Analyst Rating

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 249.83 USD with a low forecast of 185.00 USD and a high forecast of 300.00 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.

15 Buy

6 Hold

0 Sell

Moderate Buy

Current: 258.840

Low

185.00

Averages

249.83

High

300.00

Current: 258.840

Low

185.00

Averages

249.83

High

300.00

Wells Fargo

NULL -> Overweight

upgrade

$255 -> $290

2025-12-15

New

Reason

Wells Fargo

Price Target

$255 -> $290

2025-12-15

New

upgrade

NULL -> Overweight

Reason

Wells Fargo raised the firm's price target on Applied Materials to $290 from $255 and keeps an Overweight rating on the shares. The firm notes post close on December 12, Applied Materials published its 2025 10-K. Continuing to trade at a discount to peers, Wells remains positive on Applied Materials' position for 2026 WFE outperformance.

Jefferies

Buy

maintain

$260 -> $360

2025-12-15

New

Reason

Jefferies

Price Target

$260 -> $360

2025-12-15

New

maintain

Buy

Reason

Jefferies raised the firm's price target on Applied Materials to $360 from $260 and keeps a Buy rating on the shares. The firm says artificial intelligence should lift semiconductor capital, driving demand across leading edge, DRAM, and packaging.

TD Cowen

Krish Sankar

maintain

$260 -> $315

2025-12-04

Reason

TD Cowen

Krish Sankar

Price Target

$260 -> $315

2025-12-04

maintain

Reason

TD Cowen analyst Krish Sankar raised the firm's price target on Applied Materials to $315 from $260 and keeps a Buy rating on the shares. The firm believs the company is at a crossroads of two upscyles; both DRAM and leading-edge Foundry.

Morgan Stanley

maintain

$252 -> $273

2025-12-02

Reason

Morgan Stanley

Price Target

$252 -> $273

2025-12-02

maintain

Reason

Morgan Stanley raised the firm's price target on Applied Materials (AMAT) to $273 from $252 and keeps an Overweight rating on the shares. The firm leaves its 2026 wafer fab equipment forecast largely unchanged at $129B, representing 11% year-over-year growth, and raised its 2027 WFE forecast to $145B, up 13% year-over-year, telling investors it sees "two very strong years of growth," driven by DRAM and TSMC (TSM).

KeyBanc

Overweight

maintain

$240 -> $285

2025-12-02

Reason

KeyBanc

Price Target

$240 -> $285

2025-12-02

maintain

Overweight

Reason

KeyBanc raised the firm's price target on Applied Materials to $285 from $240 and keeps an Overweight rating on the shares. Following internal review and analysis, the firm is adjusting Applied Materials' estimates. KeyBanc continues to believe Applied Materials shows superior relative valuation vs. peers, which it thinks have higher embedded expectations. The firm continues to believe in a multi-year demand tailwind driven by power/performance hungry AI uses and devices, driving the leading-edge tech, and benefiting Applied Materials and equipment makers levered to those markets.

UBS

Neutral -> Buy

upgrade

$250 -> $285

2025-11-25

Reason

UBS

Price Target

$250 -> $285

2025-11-25

upgrade

Neutral -> Buy

Reason

UBS upgraded Applied Materials to Buy from Neutral with a price target of $285, up from $250. The firm cites its "significantly more bullish" outlook for wafer fab equipment spending in 2026 and 2027 for the upgrade. UBS's revised forecast calls for 2026 WFE spending to increase more than 20% year-over-year to $136.5B, driven primarily by memory, the analyst tells investors in a research note. Applied Materials "stands out as the largest beneficiary of this DRAM spending surge," contends the firm. It expects the company's 2027 earnings per share to be $13.00 compared to the Street at $11.56, which it says "supports a substantially higher share price."

Valuation Metrics

The current forward P/E ratio for Applied Materials Inc (AMAT.O) is 27.55, compared to its 5-year average forward P/E of 18.53. For a more detailed relative valuation and DCF analysis to assess Applied Materials Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

18.53

Current PE

27.55

Overvalued PE

22.25

Undervalued PE

14.81

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

15.19

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

18.22

Undervalued EV/EBITDA

12.17

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

4.76

Current PS

0.00

Overvalued PS

5.73

Undervalued PS

3.80

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

AMAT News & Events

Events Timeline

No data

News

7.5

16:11 PMNewsfilter

SEMI Forecasts 9% Increase in Chip Equipment Sales to $126 Billion by 2026

6.5

15:04 PMMarketWatch

J.P. Morgan Includes Broadcom and Other Chip Stocks in Its Top Picks List

3.5

12-15NASDAQ.COM

Key Players in Quantum Computing Set to Succeed by 2026: AMD, ORCL, and Others

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Frequently Asked Questions

What is Applied Materials Inc (AMAT) stock price today?

The current price of AMAT is 258.84 USD — it has decreased -0.93 % in the last trading day.

What is Applied Materials Inc (AMAT)'s business?

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.

What is the price predicton of AMAT Stock?

What is Applied Materials Inc (AMAT)'s revenue for the last quarter?

Applied Materials Inc revenue for the last quarter amounts to 6.80B USD, decreased -3.48 % YoY.

What is Applied Materials Inc (AMAT)'s earnings per share (EPS) for the last quarter?

Applied Materials Inc. EPS for the last quarter amounts to 2.37 USD, increased 13.94 % YoY.

What changes have occurred in the market's expectations for Applied Materials Inc (AMAT)'s fundamentals?

How many employees does Applied Materials Inc (AMAT). have?

Applied Materials Inc (AMAT) has 36500 emplpoyees as of December 16 2025.

What is Applied Materials Inc (AMAT) market cap?

Today AMAT has the market capitalization of 207.17B USD.