15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 26 firms covering Applied Materials Inc, 23 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $500.00 to $900.00, a moderate spread. The average target of $649.96 sits 36% above the current $477.20. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 22 to 23 over recent months. On the fundamentals, the Street sees revenue growth near 17% this year and 26% next, consensus EPS building from about $3.64 next quarter toward $16.90 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS26 ratings
Moderate Buy
Strong Buy00%
Buy2388%
Hold312%
Sell00%
Strong Sell00%
Based on 26 analysts giving stock ratings to Applied Materials Inc.
As of Jul, 23 of 26 firms rate AMAT a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
AMAT EPS & revenue forecast
EPS · NEXT QUARTER
$3.64
Range $3.28 – $3.91 · 28 analysts · +68% YoY
Next period, 28 analysts expect Applied Materials Inc to earn $3.64 a share (range $3.28 – $3.91), versus $2.17 a year earlier. Full-year consensus is $12.27, growing to $16.90 the year after.
REVENUE · NEXT QUARTER
$9.5B
Range $9.0B – $9.9B · 28 analysts · +38% YoY
Revenue is expected to reach $9.5B (range $9.0B – $9.9B), +38.0% year-over-year. Full-year consensus is $33.4B, rising to $42.9B 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 #91
Buy
$750.00+57.2% to target
Overall win rate
47%
+ Follow
#2
Charles Shi
Needham · Rank #126
Buy
$740.00+55.1% to target
Overall win rate
45%
+ Follow
#3
Craig Ellis
B. Riley Securities · Rank #137
Buy
$790.00+65.5% to target
Overall win rate
43%
+ Follow
#4
Christian Schwab
Craig-Hallum · Rank #247
Buy
$530.00+11.1% to target
Overall win rate
38%
+ Follow
#5
Vijay Rakesh
Mizuho
Buy
$650.00+36.2% to target
Coverage
—
+ Follow
AMAT stock forecast FAQ
What is AMAT's average 12-month price target?+
The 24 analysts with a live target average $649.96 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 Moderate Buy. Of the 26 analyst ratings, 23 are Buy or Strong Buy, 3 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 24 active targets is $649.96.
How many Wall Street analysts cover AMAT?+
26 analysts have an active rating on Applied Materials Inc, and 24 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 #91). 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 $3.64 per share (range $3.28 – $3.91) across 28 analysts. Full-year EPS is projected at $12.27, rising to $16.90 the following year.
How much revenue is Applied Materials Inc expected to report next quarter?+
Consensus revenue is $9.5B (range $9.0B – $9.9B). Full-year revenue is projected at $33.4B, growing to $42.9B next year.
Have analysts been upgrading or downgrading AMAT lately?+
As of Jul, 23 of 26 firms rate AMAT a Buy (3 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.
