Applied Materials (AMAT) – Analysts’ Recent Ratings Updates

Applied Materials (NASDAQ: AMAT) has recently received a number of price target changes and ratings updates:

• 7/6/2026 – Applied Materials had its price target raised by Morgan Stanley from $502.00 to $647.00. They now have an “equal weight” rating on the stock.
• 7/1/2026 – Applied Materials was upgraded by Zacks Research from “hold” to “strong-buy”.
• 6/30/2026 – Applied Materials had its price target raised by Susquehanna from $575.00 to $900.00. They now have a “positive” rating on the stock.
• 6/29/2026 – Applied Materials had its price target raised by Cantor Fitzgerald from $650.00 to $850.00. They now have an “overweight” rating on the stock.
• 6/29/2026 – Applied Materials was given a new $850.00 price target by HC Wainwright.
• 6/29/2026 – Applied Materials had its price target raised by KeyCorp from $550.00 to $750.00. They now have an “overweight” rating on the stock.
• 6/26/2026 – Applied Materials had its price target raised by B. Riley Financial, Inc. from $550.00 to $790.00. They now have a “buy” rating on the stock.
• 6/26/2026 – Applied Materials had its price target raised by Wells Fargo & Company from $715.00 to $740.00. They now have an “overweight” rating on the stock.
• 6/26/2026 – Applied Materials had its price target raised by Jefferies Financial Group Inc. from $510.00 to $770.00. They now have a “buy” rating on the stock.
• 6/24/2026 – Applied Materials had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 6/23/2026 – Applied Materials had its price target raised by Bank of America Corporation from $540.00 to $720.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Applied Materials had its price target raised by Wells Fargo & Company from $520.00 to $715.00. They now have an “overweight” rating on the stock.
• 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.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is 19.91%.

Insider Activity at Applied Materials

In related news, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the transaction, the senior vice president owned 134,631 shares in the company, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Prabu G. Raja sold 10,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total transaction of $6,335,300.00. Following the sale, the insider directly owned 346,642 shares of the company’s stock, valued at approximately $219,608,106.26. This trade represents a 2.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 278,088 shares of company stock valued at $169,654,805 over the last quarter. 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.