In a recent development, Cantor Fitzgerald has updated its price target for Applied Materials (AMAT, Financial). The investment firm has raised its target price from $200.00 to $220.00, reflecting a 10% increase, as of June 24, 2025. This adjustment is significant for investors and followers of the semiconductor industry.
The analyst behind this revision, Matthew Prisco, has maintained an "Overweight" rating on the stock, consistent with the previous rating. The "Overweight" rating suggests that the analyst expects the stock to outperform its peers in the industry.
This update comes amidst a backdrop of evolving market conditions and technological advancements influencing the semiconductor sector. Investors and market participants may view this adjustment as an indication of strong confidence in AMAT's future performance.
Applied Materials (AMAT, Financial), listed on the NASDAQ, continues to be a focal point for investors looking to capitalize on the dynamic semiconductor market. The revised price target and maintained rating underline the stock's potential in the current economic climate.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 30 analysts, the average target price for Applied Materials Inc (AMAT, Financial) is $197.34 with a high estimate of $250.00 and a low estimate of $152.00. The average target implies an upside of 14.76% from the current price of $171.96. More detailed estimate data can be found on the Applied Materials Inc (AMAT) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, Applied Materials Inc's (AMAT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Applied Materials Inc (AMAT, Financial) in one year is $173.06, suggesting a upside of 0.64% from the current price of $171.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Applied Materials Inc (AMAT) Summary page.
