$486.76
0.36%
Nasdaq, Sep 28, 04:08 pm EDT. Closed.

Applied Materials Target price 2026 - Analyst rating & recommendation

Applied Materials Classifications & Recommendation

Buy
87%
Hold
13%

Applied Materials Price Target

Target Price $658.92
Price $486.76
Potential 35.37%
Number of Estimates 38
38 Analysts have issued a price target Applied Materials 2027 . The average Applied Materials target price is $658.92. This is 35.37% higher than the current stock price. The highest price target is $945.00 94.14% , the lowest is $311.08 36.09% .
A rating was issued by 45 analysts: 39 Analysts recommend Applied Materials to buy, 6 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Applied Materials stock has an average upside potential 2027 of 35.37% . Most analysts recommend the Applied Materials stock at Purchase.

Sales and Margin forecast 2026, 2027 to 2030

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Oct '25 2026
Estimates
Revenue Billion $ 28.37 35.01
4.39% 23.40%
EBITDA Margin 31.39% 34.70%
3.29% 10.54%
Net Margin 24.67% 29.61%
6.59% 20.03%

40 Analysts have issued a sales forecast Applied Materials 2026 . The average Applied Materials sales estimate is

$35.0b
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. This is
13.52% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$36.5b 18.30%
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, the lowest is
$33.1b 7.24%
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.

This results in the following potential growth metrics:

Revenue Estimates

2025 $28.4b 4.39%
2026
$35.0b 23.40%
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2027
$47.6b 35.88%
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2028
$57.1b 20.09%
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2029
$57.4b 0.55%
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2030
$63.3b 10.23%
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24 Analysts have issued an Applied Materials EBITDA forecast 2026. The average Applied Materials EBITDA estimate is

$12.1b
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. This is
20.11% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$14.3b 41.28%
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, the lowest is
$11.0b 9.07%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2025 $8.9b 7.82%
2026
$12.1b 36.42%
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2027
$17.8b 46.74%
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2028
$22.1b 23.80%
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2029
$24.9b 12.69%
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2030
$27.7b 11.53%
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EBITDA Margin

2025 31.39% 3.29%
2026
34.70% 10.54%
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2027
37.48% 8.01%
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2028
38.63% 3.07%
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2029
43.30% 12.09%
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2030
43.81% 1.18%
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41 Applied Materials Analysts have issued a net profit forecast 2026. The average Applied Materials net profit estimate is

$10.4b
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. This is
11.84% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$10.8b 16.71%
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, the lowest is
$9.9b 6.50%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2025 $7.0b 2.49%
2026
$10.4b 48.10%
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2027
$15.2b 46.20%
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2028
$19.3b 27.09%
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2029
$21.4b 10.89%
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2030
$24.4b 14.10%
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Net Margin

2025 24.67% 6.59%
2026
29.61% 20.03%
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2027
31.85% 7.57%
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2028
33.71% 5.84%
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2029
37.18% 10.29%
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2030
38.48% 3.50%
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Earnings per share, P/E ratio and EV/sales Estimates 2026, 2027 to 2030

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Select at least one metric to display the chart.


Oct '25 2026
Estimates
Earnings Per Share $ 8.66 13.06
0.58% 50.81%
P/E 37.27
EV/Sales 10.98

41 Analysts have issued a Applied Materials forecast for earnings per share. The average Applied Materials EPS is

$13.06
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. This is
12.68% higher
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than earnings per share in the financial year 2025. The highest EPS forecast is
$13.63 17.60%
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, the lowest is
$12.44 7.33%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2025 $8.66 0.58%
2026
$13.06 50.81%
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2027
$19.09 46.17%
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2028
$24.27 27.13%
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2029
$26.91 10.88%
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2030
$30.70 14.08%
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P/E ratio

Current 42.00 75.27%
2026
37.27 11.26%
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2027
25.49 31.61%
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2028
20.06 21.30%
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2029
18.09 9.82%
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2030
15.85 12.38%
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Based on analysts' sales estimates for 2026, the Applied Materials stock is valued at an EV/Sales of

10.98
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and an P/S ratio of
11.04
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 12.47 120.71%
2026
10.98 11.92%
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2027
8.08 26.41%
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2028
6.73 16.73%
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2029
6.69 0.55%
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2030
6.07 9.28%
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P/S ratio

Current 12.53 120.64%
2026
11.04 11.91%
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2027
8.12 26.41%
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2028
6.76 16.73%
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2029
6.73 0.55%
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2030
6.10 9.28%
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Current Applied Materials Upgrades & Downgrades

Analyst Rating Action Date
UBS
Buy
➜
Buy
Unchanged Sep 01 2026
Mizuho
Outperform
➜
Outperform
Unchanged Aug 25 2026
B of A Securities
Buy
➜
Buy
Unchanged Aug 14 2026
Bernstein
Outperform
➜
Outperform
Unchanged Aug 14 2026
Craig-Hallum
Buy
➜
Buy
Unchanged Aug 14 2026
B. Riley Securities
Buy
➜
Buy
Unchanged Aug 14 2026
JP Morgan
Overweight
➜
Overweight
Unchanged Aug 14 2026
Analyst Rating Date
Unchanged
UBS:
Buy
➜
Buy
Sep 01 2026
Unchanged
Mizuho:
Outperform
➜
Outperform
Aug 25 2026
Unchanged
B of A Securities:
Buy
➜
Buy
Aug 14 2026
Unchanged
Bernstein:
Outperform
➜
Outperform
Aug 14 2026
Unchanged
Craig-Hallum:
Buy
➜
Buy
Aug 14 2026
Unchanged
B. Riley Securities:
Buy
➜
Buy
Aug 14 2026
Unchanged
JP Morgan:
Overweight
➜
Overweight
Aug 14 2026

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