Applied Materials, Inc. (NASDAQ:AMAT) Receives $470.13 Consensus PT from Analysts

Posted by Francis Steltz on Jun 4th, 2026

Shares of Applied Materials, Inc. (NASDAQ:AMAT – Get Free Report) have been assigned an average rating of “Moderate Buy” from the thirty-five ratings firms that are covering the stock, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation and twenty-seven have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $470.1333.

AMAT has been the topic of several research analyst reports. Morgan Stanley reissued an “equal weight” rating and set a $502.00 target price (up from $454.00) on shares of Applied Materials in a research note on Friday, May 15th. UBS Group raised their target price on shares of Applied Materials from $480.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, May 15th. HSBC initiated coverage on shares of Applied Materials in a report on Friday, May 8th. They issued a “buy” rating and a $517.00 target price on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a report on Friday, March 27th. Finally, Needham & Company LLC boosted their target price on shares of Applied Materials from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Friday, May 15th.

Read Our Latest Research Report on AMAT

Applied Materials Stock Up 2.2%

Applied Materials stock opened at $500.77 on Friday. The stock has a market cap of $397.59 billion, a price-to-earnings ratio of 47.02, a PEG ratio of 1.37 and a beta of 1.67. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The company’s 50-day moving average price is $404.70 and its two-hundred day moving average price is $339.58. Applied Materials has a 52 week low of $154.46 and a 52 week high of $508.26.

Applied Materials (NASDAQ:AMAT – Get Free Report) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. Applied Materials’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts expect that Applied Materials will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, May 21st. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s payout ratio is presently 19.91%.

Insider Buying and Selling

In related news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the sale, the chief accounting officer directly owned 4,280 shares in the company, valued at $1,858,461.60. The trade was a 5.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Judy Bruner sold 1,128 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total transaction of $507,600.00. Following the completion of the sale, the director owned 26,544 shares in the company, valued at $11,944,800. The trade was a 4.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is owned by insiders.

Institutional Trading of Applied Materials

A number of hedge funds and other institutional investors have recently made changes to their positions in AMAT. First Trust Advisors LP lifted its stake in Applied Materials by 4.9% in the third quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock valued at $635,057,000 after acquiring an additional 145,050 shares during the last quarter. Canada Post Corp Registered Pension Plan lifted its stake in Applied Materials by 82.2% in the third quarter. Canada Post Corp Registered Pension Plan now owns 26,893 shares of the manufacturing equipment provider’s stock valued at $5,512,000 after acquiring an additional 12,132 shares during the last quarter. Elo Mutual Pension Insurance Co lifted its stake in Applied Materials by 21.8% in the third quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock valued at $19,801,000 after acquiring an additional 17,288 shares during the last quarter. Worth Asset Management LLC acquired a new stake in Applied Materials in the fourth quarter valued at approximately $1,531,000. Finally, World Investment Advisors lifted its stake in Applied Materials by 4.5% in the fourth quarter. World Investment Advisors now owns 82,296 shares of the manufacturing equipment provider’s stock valued at $21,149,000 after acquiring an additional 3,508 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

About Applied Materials

(Get Free Report)

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.