15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 27 firms covering Applied Materials Inc, 25 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $500.00 to $900.00, a moderate spread. The average target of $649.00 sits 39% above the current $468.29. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 23 to 25 over recent months. On the fundamentals, the Street sees revenue growth near 17% this year and 26% next, consensus EPS building from about $4.20 next quarter toward $18.45 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS27 ratings
Strong Buy
Strong Buy00%
Buy2593%
Hold27%
Sell00%
Strong Sell00%
Based on 27 analysts giving stock ratings to Applied Materials Inc.
As of Sep, 25 of 27 firms rate AMAT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
AMAT EPS & revenue forecast
EPS · NEXT QUARTER
$4.20
Range $3.71 – $4.77 · 24 analysts · +76% YoY
Next period, 24 analysts expect Applied Materials Inc to earn $4.20 a share (range $3.71 – $4.77), versus $2.38 a year earlier. Full-year consensus is $12.79, growing to $18.45 the year after.
REVENUE · NEXT QUARTER
$10.7B
Range $9.6B – $11.4B · 24 analysts · +38% YoY
Revenue is expected to reach $10.7B (range $9.6B – $11.4B), +38.0% year-over-year. Full-year consensus is $34.3B, rising to $46.1B next year.
Top analysts covering Applied Materials Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on AMAT.
#1
Steve Barger
Keybanc · Rank #88
Buy
$750.00+60.2% to target
Overall win rate
49%
+ Follow
#2
Charles Shi
Needham · Rank #97
Buy
$740.00+58.0% to target
Overall win rate
50%
+ Follow
#3
Craig Ellis
B. Riley Securities · Rank #154
Buy
$700.00+49.5% to target
Overall win rate
43%
+ Follow
#4
Christian Schwab
Craig-Hallum · Rank #269
Buy
$585.00+24.9% to target
Overall win rate
41%
+ Follow
#5
Vijay Rakesh
Mizuho
Buy
$590.00+26.0% to target
Coverage
—
+ Follow
AMAT stock forecast FAQ
What is AMAT's average 12-month price target?+
The 26 analysts with a live target average $649.00 for Applied Materials Inc over the next 12 months, ranging from a $900.00 high to a $500.00 low.
Is AMAT stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 27 analyst ratings, 25 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for AMAT?+
The Street-high target is $900.00 (Susquehanna), and the Street-low is $500.00 (Argus Research). The average of all 26 active targets is $649.00.
How many Wall Street analysts cover AMAT?+
27 analysts have an active rating on Applied Materials Inc, and 26 firms carry a live 12-month price target.
Who is the most accurate analyst covering AMAT?+
Among analysts who currently cover AMAT, Steve Barger of Keybanc has the strongest overall Quantellect track record (Rank #88). Their current call is Buy with a $750.00 target.
What is Applied Materials Inc's projected EPS for next quarter?+
The consensus estimate is $4.20 per share (range $3.71 – $4.77) across 24 analysts. Full-year EPS is projected at $12.79, rising to $18.45 the following year.
How much revenue is Applied Materials Inc expected to report next quarter?+
Consensus revenue is $10.7B (range $9.6B – $11.4B). Full-year revenue is projected at $34.3B, growing to $46.1B next year.
Have analysts been upgrading or downgrading AMAT lately?+
As of Sep, 25 of 27 firms rate AMAT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their AMAT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
