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Applied Materials (AMAT)

(Real Time Quote from BATS)

$187.22 USD

187.22
2,320,627

+0.74 (0.40%)

Updated Nov 6, 2024 01:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 31% (174 out of 251)

Industry: Semiconductor Equipment - Wafer Fabrication

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Applied Materials (AMAT) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$234.13 $280.00 $185.00 25.55%

Price Target

Based on short-term price targets offered by 28 analysts, the average price target for Applied Materials comes to $234.13. The forecasts range from a low of $185.00 to a high of $280.00. The average price target represents an increase of 25.55% from the last closing price of $186.48.

Analyst Price Targets (28)

Last Close 186.48
Average 234.13 25.55% Upside Low 185.00 -0.79% Downside High 280.00 50.15% Upside

Broker Rating

Applied Materials currently has an average brokerage recommendation (ABR) of 1.73 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 33 brokerage firms. The current ABR compares to an ABR of 1.73 a month ago based on 33 recommendations.

Of the 33 recommendations deriving the current ABR, 20 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 60.61% and 6.06% of all recommendations. A month ago, Strong Buy made up 60.61%, while Buy represented 6.06%.

Broker Rating Breakdown

Broker Rating Visualization

Brokerage Recommendations

Today 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 20 20 20 19 19
Buy 2 2 2 2 2
Hold 11 11 11 10 11
Sell 0 0 0 0 0
Strong Sell 0 0 0 0 0
ABR 1.73 1.73 1.73 1.71 1.75

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
10/15/2024 Not Identified Not Identified Strong Buy Strong Buy
10/11/2024 Susquehanna Financial Group Mehdi Hosseini Hold Hold
10/2/2024 Berenberg Bank Tammy Qiu Strong Buy Strong Buy
10/2/2024 Goldman Sachs Toshiya Hari Strong Buy Strong Buy
9/19/2024 Mizuho SecuritiesUSA Vijay R Rakesh Strong Buy Strong Buy
9/16/2024 Not Identified Not Identified Strong Buy Hold
8/29/2024 Daiwa America Louis Miscioscia Strong Buy Strong Buy
8/19/2024 Cowen & Co. Sreekrishnan Sankar Strong Buy Strong Buy
8/16/2024 Wells Fargo Securities Joe M Quatrochi Strong Buy Strong Buy
8/16/2024 B. Riley Securities Craig A Ellis Strong Buy Strong Buy
8/16/2024 Not Identified Not Identified Strong Buy Strong Buy
8/16/2024 Needham & Company Charles Shi Moderate Buy Moderate Buy
8/16/2024 Evercore Partners Mark Lipacis Strong Buy Strong Buy
8/16/2024 Raymond James Srini Pajjuri Moderate Buy Moderate Buy
8/16/2024 Not Identified Not Identified Strong Buy Strong Buy
8/15/2024 Not Identified Not Identified Hold Hold
8/15/2024 Summit Insights Group Kinngai Chan Strong Buy Strong Buy
8/5/2024 Not Identified Not Identified Strong Buy Strong Buy
8/5/2024 UBS Timothy Arcuri Hold Hold
7/22/2024 Atlantic Equities Timm Schulze-Melander Strong Buy Strong Buy
7/16/2024 Cantor Fitzgerald & Co Christopher J Muse Strong Buy Strong Buy
6/20/2024 New Street Research Pierre C Ferragu Hold Hold
6/5/2024 Not Identified Not Identified Strong Sell Hold
6/3/2024 KeyBanc Capital Markets Steve Barger Hold Hold
6/3/2024 William Blair Jonathan Dorsheimer Hold Hold
5/13/2024 Craig-Hallum Christian D Schwab Strong Buy Strong Buy
5/12/2024 Not Identified Not Identified Not Available Hold
2/20/2024 Argus Research Corp. James N Kelleher 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

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

 1.73
ABR (Last week) 1.73
# of Recs in ABR 33
Average Target Price $234.13
LT Growth Rate 8.60%
Industry Semiconductor Equipment - Wafer Fabrication
Industry Rank by ABR 174 of 252
Current Quarter EPS Est: 2.18

AMAT FAQs

Applied Materials, Inc. (AMAT) currently has an average brokerage recommendation (ABR) of 1.73 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 33 brokerage firms.

The average price target for Applied Materials, Inc. (AMAT) is $234.13. The current on short-term price targets is based on 11 reports.

The forecasts for Applied Materials, Inc. (AMAT) range from a low of $185 to a high of $280. The average price target represents a increase of $25.55 from the last closing price of $186.48.

The current UPSIDE for Applied Materials, Inc. (AMAT) is 25.55%

Based on short-term price targets offered by 28 analysts, the average price target for Applied Materials comes to $234.13. The forecasts range from a low of $185.00 to a high of $280.00. The average price target represents an increase of 25.55% from the last closing price of $186.48.