
Applied Materials (AMAT) Stock Forecast & Price Target
Applied Materials (AMAT) Analyst Ratings
Bulls say
Applied Materials is well-positioned to capitalize on significant wafer fabrication equipment (WFE) drivers in the upcoming years, specifically in leading-edge front-end technologies and high-bandwidth memory (HBM) capacity additions in DRAM, enhancing its market share potential. The projected growth in the WFE market, anticipated to reach approximately $150 billion to support $1 trillion in semiconductor revenues, underscores the robust demand landscape for the company's products. Furthermore, the company has set an ambitious stretch EPS goal of around $11.25 for CY26, indicating strong confidence in its financial performance trajectory.
Bears say
Applied Materials is projected to experience a significant revenue impact in the near term, with estimates suggesting it will come in at the lower end of its October quarter revenue guidance of $6.7 billion, reflecting a potential decline of approximately $110 million due to regulatory restrictions on exports. Additionally, the company's earnings per share (EPS) guidance has been adjusted downwards, with expectations of a $0.05 hit to EPS as a result of this revenue shortfall. Furthermore, while the Department of Commerce restrictions may only impact fiscal year 2026 revenues by 2%, the cumulative effect of these restrictions could hinder Applied Materials' long-term financial performance and competitiveness.
This aggregate rating is based on analysts' research of Applied Materials and is not a guaranteed prediction by Public.com or investment advice.
Applied Materials (AMAT) Analyst Forecast & Price Prediction
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