Should I buy Applied Materials (AMAT) stock or is it too late?

Applied Materials · Information Technology · price $482
Logo Applied MaterialsSee the full Applied Materials (AMAT) profile
⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: Craig-Hallum73% of its targets hit on this sector (86 calls tested). It aims for $585 (+21 %), call made on August 15, 2026, maturing on August 15, 2027 (13 d ago).

The 19 reliable analysts $700+45 %
The 7 other firms $517+7.2 %
How to read it: the 19 reliable firms are not filtered by optimism — 19 aim above the price, 0 below, hence their $700 median. “The 7 others” are the firms that don't pass our reliability filter on this sector.

Firm-by-firm track record on Applied Materials

Here the hit rate is measured <b>on this stock specifically</b> (matured targets replayed against real prices, minimum 5 calls tested) — the green block above measures reliability <b>across the whole sector</b>, which is the criterion behind JPI selections. “Aims for” = the firm's most recent target on this stock; “—” means it hasn't published one recently.
Firm% rightGain vs sectorCallsAims for
Evercore ISI Group86 %+101.7 %7$515 +7%
Cantor Fitzgerald60 %+71.3 %10$850 +76%
Mizuho84 %+69.5 %25$590 +22%
Wells Fargo78 %+52.9 %32$740 +53%
Citigroup81 %+49.9 %36$710 +47%
Goldman Sachs80 %+49.1 %20$520 +8%
Stifel74 %+45.1 %27$650 +35%
Keybanc80 %+43.4 %15$750 +55%
In short — Should you invest in Applied Materials? Is it too late, still worth it? Analysts are overwhelmingly positive (96% buy, median target $650, i.e. +35%), and the most reliable on AMAT targets even higher. But the valuation is stretched (P/E ~41), the stock is volatile, it pays virtually no dividend. We give you both sides, with the numbers — not advice.

✅ Reasons to believe

  • 96% of analysts rate it a buy (Buy consensus, 26 ratings) — a sign of market conviction.
  • Median price target $650, i.e. +35% from the current price ($482).
  • The most reliable firm on AMAT, Wolfe Research (100% hit rate, 2 scored calls), targets $550 (call made on May 15, 2026, maturing on May 15, 2027) (+14%) in its most recent call.
  • 18 analysts rated reliable (≥55% hit rate, beat their sector) are bullish on the stock.

⚠️ Reasons to hesitate

  • The consensus is not unanimous: of 26 ratings, 1 is neutral.
  • High valuation (P/E ~41): strong growth is already "priced in", leaving little room for error.
  • A 12-month target is not a guaranteed path: the price can fall in the meantime.
  • Volatile stock: sharp swings — including steep drops — are part of its profile.
  • Negligible dividend (0.3% yield): your return depends mostly on price appreciation.

The analyst consensus on AMAT

Median target $650 (+35%) · 26 ratings · Buy consensus

Strong Buy00%
Buy2596%
Hold14%
Sell00%
Strong Sell00%

⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.

Frequently asked questions

Should you invest in Applied Materials now?

We won't decide for you. The facts: 96% of analysts rate it a buy, median target $650 (+35%), and Wolfe Research (most reliable on AMAT, 100%) targets $550. Weigh that against valuation (P/E ~41) and volatility. This is not personalized advice.

Is it too late to invest in Applied Materials?

Not according to analysts: the median target ($650) is still +35% above the current price ($482) (most reliable on AMAT: Wolfe Research, 100%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.

Is Applied Materials still worth investing in?

It depends on the gap between the price ($482) and its estimated value: analysts target $650 on median (+35%), with 96% buys (most reliable on AMAT: Wolfe Research, 100%). Cross-check with their real reliability on AMAT and the cautions above. Information, not advice.

What's the main risk in buying AMAT?

The consensus is not unanimous: of 26 ratings, 1 is neutral.

→ Go deeper: the full Applied Materials profile (consensus, analyst reliability, price target, performance).

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)