Applied Materials (AMAT) – Research Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Applied Materials (NASDAQ: AMAT):

• 6/17/2026 – Applied Materials had its price target raised by Citigroup Inc. from $550.00 to $710.00. They now have a “buy” rating on the stock.
• 6/11/2026 – Applied Materials had its price target raised by Barclays PLC from $500.00 to $590.00. They now have an “overweight” rating on the stock.
• 6/10/2026 – Applied Materials had its price target raised by UBS Group AG from $515.00 to $570.00. They now have a “buy” rating on the stock.
• 6/10/2026 – Applied Materials had its price target raised by Cantor Fitzgerald from $575.00 to $650.00. They now have an “overweight” rating on the stock.
• 6/10/2026 – Applied Materials was given a new $650.00 price target by Raymond James Financial, Inc..
• 5/28/2026 – Applied Materials was given a new $575.00 price target by Truist Financial Corporation.
• 5/28/2026 – Applied Materials had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $575.00 price target on the stock.
• 5/27/2026 – Applied Materials had its price target raised by Mizuho from $500.00 to $540.00. They now have an “outperform” rating on the stock.
• 5/23/2026 – Applied Materials was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/19/2026 – Applied Materials had its price target raised by Argus from $420.00 to $500.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Wolfe Research from $500.00 to $550.00. They now have an “outperform” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by B. Riley Financial, Inc. from $530.00 to $550.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Deutsche Bank Aktiengesellschaft from $450.00 to $550.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Royal Bank Of Canada from $500.00 to $520.00. They now have an “outperform” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by UBS Group AG from $480.00 to $515.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials was given a new $530.00 price target by Stifel Nicolaus.
• 5/15/2026 – Applied Materials had its price target raised by TD Cowen from $450.00 to $525.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Cantor Fitzgerald from $550.00 to $575.00. They now have an “overweight” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by The Goldman Sachs Group, Inc. from $390.00 to $520.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $525.00 price target on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Wells Fargo & Company from $435.00 to $520.00. They now have an “overweight” rating on the stock.
• 5/15/2026 – Applied Materials had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $502.00 price target on the stock, up from $454.00.
• 5/15/2026 – Applied Materials had its price target raised by Barclays PLC from $450.00 to $500.00. They now have an “overweight” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Jefferies Financial Group Inc. from $415.00 to $510.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Bank of America Corporation from $465.00 to $540.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by JPMorgan Chase & Co. from $400.00 to $515.00. They now have an “overweight” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Mizuho from $410.00 to $500.00. They now have an “outperform” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by KeyCorp from $450.00 to $550.00. They now have an “overweight” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Morgan Stanley from $454.00 to $502.00. They now have an “equal weight” rating on the stock.
• 5/15/2026 – Applied Materials had its price target raised by Needham & Company LLC from $440.00 to $530.00. They now have a “buy” rating on the stock.
• 5/12/2026 – Applied Materials had its price target raised by Royal Bank Of Canada to $500.00. They now have an “outperform” rating on the stock.
• 5/12/2026 – Applied Materials had its price target raised by Citigroup Inc. from $420.00 to $520.00. They now have a “buy” rating on the stock.
• 5/11/2026 – Applied Materials had its price target raised by Cantor Fitzgerald from $500.00 to $550.00. They now have an “overweight” rating on the stock.
• 5/8/2026 – Applied Materials is now covered by HSBC Holdings plc. They set a “buy” rating and a $517.00 price target on the stock.
• 5/5/2026 – Applied Materials had its price target raised by Morgan Stanley from $432.00 to $454.00. They now have an “overweight” rating on the stock.
• 5/4/2026 – Applied Materials is now covered by Seaport Research Partners. They set a “buy” rating and a $500.00 price target on the stock.
• 5/4/2026 – Applied Materials had its price target raised by UBS Group AG from $430.00 to $480.00. They now have a “buy” rating on the stock.
• 5/4/2026 – Applied Materials was upgraded by Seaport Research Partners to “strong-buy”.
• 4/27/2026 – Applied Materials was downgraded by Zacks Research from “strong-buy” to “hold”.
• 4/27/2026 – Applied Materials was upgraded by Erste Group Bank AG from “hold” to “buy”.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is currently 19.91%.

Insider Buying and Selling

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the transaction, the director owned 40,559 shares in the company, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total value of $42,587,906.25. Following the transaction, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at approximately $1,006,503,625. This trade represents a 4.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 189,767 shares of company stock worth $107,769,409 in the last three months. Company insiders own 0.30% of the company’s stock.

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.