Applied Materials (NASDAQ:AMAT) Price Target Raised to $390.00

Posted by Tristan Rich on Jan 23rd, 2026

Applied Materials (NASDAQ:AMAT – Free Report) had its price objective lifted by Needham & Company LLC from $260.00 to $390.00 in a research report report published on Tuesday, Marketbeat Ratings reports. Needham & Company LLC currently has a buy rating on the manufacturing equipment provider’s stock.

A number of other brokerages also recently commented on AMAT. Bank of America boosted their target price on Applied Materials from $300.00 to $350.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. DZ Bank raised Applied Materials from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $325.00 price objective on shares of Applied Materials in a research report on Monday, January 12th. Citigroup boosted their target price on shares of Applied Materials from $205.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Finally, Royal Bank Of Canada started coverage on shares of Applied Materials in a report on Wednesday, January 14th. They set an “outperform” rating and a $385.00 price target on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $286.89.

Get Our Latest Stock Report on Applied Materials

Applied Materials Stock Down 2.0%

Shares of Applied Materials stock opened at $318.79 on Tuesday. Applied Materials has a 1 year low of $123.74 and a 1 year high of $333.03. The company has a market cap of $252.78 billion, a P/E ratio of 36.73, a P/E/G ratio of 3.37 and a beta of 1.67. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average price of $268.83 and a 200 day moving average price of $221.47.

Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The firm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, analysts expect that Applied Materials will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s dividend payout ratio (DPR) is currently 21.20%.

Insider Activity

In related news, SVP Teri A. Little sold 4,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of the sale, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. This represents a 4.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Adam Sanders sold 609 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the completion of the sale, the chief accounting officer directly owned 4,413 shares in the company, valued at $1,127,653.89. This trade represents a 12.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,609 shares of company stock valued at $2,044,898 in the last three months. 0.24% of the stock is owned by insiders.

Institutional Trading of Applied Materials

Hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC grew its position in Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after buying an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares in the last quarter. Silver Oak Securities Incorporated grew its stake in shares of Applied Materials by 17.3% in the 2nd quarter. Silver Oak Securities Incorporated now owns 1,766 shares of the manufacturing equipment provider’s stock valued at $323,000 after purchasing an additional 260 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Applied Materials by 46.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 11,134 shares of the manufacturing equipment provider’s stock worth $2,038,000 after buying an additional 3,539 shares during the period. Finally, U.S. Capital Wealth Advisors LLC grew its position in Applied Materials by 10.8% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 6,369 shares of the manufacturing equipment provider’s stock valued at $1,166,000 after acquiring an additional 621 shares during the period. 80.56% of the stock is owned by institutional investors.

More Applied Materials News

Here are the key news stories impacting Applied Materials this week:

Positive Sentiment: Bullish analyst target increases from major firms signal upside expectations — Needham raised its target to $390 and KeyBanc raised its target to $380, citing AMAT’s positioning for memory/AI-related capacity growth and vertical scaling potential. Needham Increases AMAT Target to $390 KeyBanc Raises AMAT Target to $380
Positive Sentiment: Display business rebound: Q4 display revenues rose ~68% driven by advanced systems, improved pricing and stronger OLED demand — a sign AMAT’s display segment may reaccelerate revenue and margins if demand for OLED and AR/VR tooling continues. Can AMAT Lead the Display Market With Advanced OLED and AR/VR Push?
Neutral Sentiment: Earnings date set — AMAT will report fiscal Q1 2026 results and host its earnings call on Feb. 12, 2026; that event is a near-term catalyst where management guidance and commentary on China exposure, memory demand and pricing will matter most. Applied Materials to Report Fiscal First Quarter 2026 Results on Feb. 12, 2026 Q1 2026 Earnings Call Details
Neutral Sentiment: Relative sector performance pieces highlight AMAT vs. peers (ASML, Lam) and frame expectations — useful context for investors assessing valuation and relative upside but not an immediate driver. Are Computer and Technology Stocks Lagging Applied Materials (AMAT) This Year?
Negative Sentiment: Revenue and China-market headwinds remain a drag — AMAT reported a ~3.5% revenue decline YoY in the last quarter and analysts point to China restrictions as a continuing risk to near-term top-line growth. That dynamic helps explain why some analysts still caution on downside despite upgrades. Which Semiconductor Equipment Stock Has More Upside in 2026?
Negative Sentiment: Negative/sell viewpoints and insider selling are being highlighted by some outlets — a Yahoo piece recommends selling AMAT in favor of alternatives, and recent insider sales are noted in market summaries, both of which can add near-term selling pressure. 1 Reason to Sell AMAT and 1 Stock to Buy Instead Quiver Quant: Insider Activity & Institutional Moves (AMAT)

Applied Materials Company Profile

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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.