Applied Materials (AMAT)
(Delayed Data from NSDQ)
$223.47 USD
+13.21 (6.28%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $223.33 -0.14 (-0.06%) 4:28 PM ET
2-Buy of 5 2
D Value D Growth B Momentum D VGM
Applied Materials (AMAT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$239.03 | $300.00 | $160.00 | 13.68% |
Price Target
Based on short-term price targets offered by 29 analysts, the average price target for Applied Materials comes to $239.03. The forecasts range from a low of $160.00 to a high of $300.00. The average price target represents an increase of 13.68% from the last closing price of $210.26.
Analyst Price Targets (29)
Broker Rating
Applied Materials currently has an average brokerage recommendation (ABR) of 1.75 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 32 brokerage firms. The current ABR compares to an ABR of 1.75 a month ago based on 32 recommendations.
Of the 32 recommendations deriving the current ABR, 19 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 59.38% and 6.25% of all recommendations. A month ago, Strong Buy made up 59.38%, while Buy represented 6.25%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 19 | 19 | 19 | 19 | 20 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 11 | 11 | 11 | 10 | 8 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 1 | 1 |
ABR | 1.75 | 1.75 | 1.75 | 1.81 | 1.71 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/16/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Strong Buy | Strong Buy |
6/20/2024 | New Street Research | Pierre C Ferragu | Hold | Hold |
6/6/2024 | Berenberg Bank | Tammy Qiu | Strong Buy | Strong Buy |
6/5/2024 | Not Identified | Not Identified | Strong Sell | Hold |
6/3/2024 | William Blair | Jonathan Dorsheimer | Hold | Hold |
6/3/2024 | KeyBanc Capital Markets | Steve Barger | Hold | Hold |
5/24/2024 | Daiwa America | Louis Miscioscia | Strong Buy | Strong Buy |
5/17/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Strong Buy | Strong Buy |
5/17/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
5/17/2024 | Needham & Company | Charles Shi | Moderate Buy | Moderate Buy |
5/17/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
5/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/17/2024 | Wells Fargo Securities | Joe M Quatrochi | Strong Buy | Strong Buy |
5/16/2024 | Susquehanna Financial Group | Mehdi Hosseini | Hold | Hold |
5/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/13/2024 | Craig-Hallum | Christian D Schwab | Strong Buy | Strong Buy |
5/12/2024 | Not Identified | Not Identified | Not Available | Hold |
4/16/2024 | Evercore Partners | Mark Lipacis | Not Available | Strong Buy |
4/8/2024 | UBS | Timothy Arcuri | Hold | Hold |
4/1/2024 | Cowen & Co. | Sreekrishnan Sankar | Strong Buy | Strong Buy |
3/15/2024 | Exane BNP Paribas | Jerome Ramel | Hold | Hold |
3/11/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/11/2024 | Not Identified | Not Identified | Hold | Hold |
2/16/2024 | Goldman Sachs | Toshiya Hari | Strong Buy | Strong Buy |
2/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/8/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
11/22/2023 | Atlantic Equities | Timm Schulze-Melander | Not Available | Strong Buy |
11/16/2023 | Summit Insights Group | Kinngai Chan | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.75 |
ABR (Last week) | 1.75 |
# of Recs in ABR | 32 |
Average Target Price | $239.03 |
LT Growth Rate | 9.60% |
Industry | Semiconductor Equipment - Wafer Fabrication |
Industry Rank by ABR | 200 of 252 |
Current Quarter EPS Est: | 2.01 |