Applied Materials (AMAT)
(Delayed Data from NSDQ)
$196.06 USD
+2.82 (1.46%)
Updated Apr 24, 2024 04:00 PM ET
Pre-Market: $196.39 +0.33 (0.17%) 8:18 AM ET
2-Buy of 5 2
C Value B Growth A Momentum B VGM
Applied Materials (AMAT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$214.00 | $260.00 | $140.00 | 9.15% |
Price Target
Based on short-term price targets offered by 26 analysts, the average price target for Applied Materials comes to $214.00. The forecasts range from a low of $140.00 to a high of $260.00. The average price target represents an increase of 9.15% from the last closing price of $196.06.
Analyst Price Targets (26)
Broker Rating
Applied Materials currently has an average brokerage recommendation (ABR) of 1.71 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 31 brokerage firms. The current ABR compares to an ABR of 1.83 a month ago based on 29 recommendations.
Of the 31 recommendations deriving the current ABR, 20 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 64.52% and 6.45% of all recommendations. A month ago, Strong Buy made up 58.62%, while Buy represented 6.9%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 20 | 20 | 17 | 17 | 17 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 8 | 8 | 9 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.71 | 1.71 | 1.83 | 1.83 | 1.83 |
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 |
---|---|---|---|---|
4/16/2024 | Evercore Partners | Mark Lipacis | Not Available | Strong Buy |
4/8/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Hold | Strong Buy |
3/15/2024 | New Street Research | Pierre C Ferragu | Hold | Hold |
3/15/2024 | Exane BNP Paribas | Jerome Ramel | Hold | Hold |
3/11/2024 | Not Identified | Not Identified | Hold | Hold |
2/16/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Strong Buy | Strong Buy |
2/16/2024 | Susquehanna Financial Group | Mehdi Hosseini | Hold | Hold |
2/16/2024 | Needham & Company | Charles Shi | Moderate Buy | Moderate Buy |
2/12/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
1/19/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
11/16/2023 | Summit Insights Group | Kinngai Chan | Not Available | Strong Buy |
9/13/2023 | William Blair | Jonathan Dorsheimer | Hold | Hold |
8/21/2023 | Berenberg Bank | Tammy Qiu | Strong Buy | Strong Buy |
8/18/2023 | Craig-Hallum | Christian D Schwab | Strong Buy | Strong Buy |
8/17/2023 | KeyBanc Capital Markets | Steve Barger | Hold | Hold |
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 | 1.71 |
ABR (Last week) | 1.71 |
# of Recs in ABR | 31 |
Average Target Price | $214.00 |
LT Growth Rate | 8.30% |
Industry | Semiconductor Equipment - Wafer Fabrication |
Industry Rank by ABR | 49 of 252 |
Current Quarter EPS Est: | 1.96 |