Applied Materials Inc (AMAT) Stock Forecast
US · Technology
Current price
$668.00
Market cap
$530.36B
Mean price target
$532.34
Implied upside
-20.3%
Key takeaways
- Analysts rate Applied Materials Inc a “Strong Buy”, with a mean price target of $532.34 — about 20.3% downside from the current $668.00, based on 35 analysts.
- AMAT is trading near its 52-week high, at 100% of the $154.47–$669.22 band.
- On valuation, AMAT trades at a premium P/E of 174.8 and an EV/EBITDA of 143.2.
- Profitability looks respectable: return on equity is 11.7%, with a free-cash-flow margin of 2.6%.
- Its balance sheet looks solid, with a current ratio of 2.51. Net debt/EBITDA stands at 0.3x.
Analyst consensus
| Consensus rating | Strong Buy |
|---|---|
| Number of analysts | 35 |
| Mean target | $532.34 |
| High target | $720.00 |
| Low target | $358.00 |
| Rating split (SB / B / H / S / SS) | 5 / 23 / 9 / 0 / 0 |
Price & trading
| Current price | $668.00 |
|---|---|
| Previous close | $588.97 |
| 52-week high | $669.22 |
| 52-week low | $154.47 |
| 50-day average | $458.11 |
| Beta | 1.67 |
Valuation
| P/E ratio | 174.82 |
|---|---|
| P/B ratio | 20.49 |
| EV / EBITDA | 143.17 |
| Dividend yield | 0.0% |
| Revenue per share | $9.96 |
| Book value per share | $30.11 |
Profitability
| Return on equity (ROE) | 11.7% |
|---|---|
| Return on assets (ROA) | 7.0% |
| Return on invested capital (ROIC) | 11.5% |
| Free-cash-flow margin | 2.6% |
| FCF yield | 0.0% |
Financial health
| Current ratio | 2.51 |
|---|---|
| Quick ratio | 1.80 |
| Debt / equity | 0.69 |
| Net debt / EBITDA | 0.28 |
| Interest coverage | 47.74 |
| Altman Z-score | 20.88 |
See the full AMAT breakdown on Luminoso
Valuation, profitability, efficiency, leverage & earnings-quality metrics — updated daily.
Start free — 2 months on usFrequently asked questions
- What is the current Applied Materials Inc (AMAT) share price?
- Applied Materials Inc last traded at $668.00 with a market capitalisation of about $530.4B.
- What is the analyst price target for AMAT?
- The mean analyst price target for Applied Materials Inc is $532.34, roughly 20.3% below the latest price. The current consensus rating is “Strong Buy”.
- Is AMAT expensive on a P/E basis?
- Applied Materials Inc currently trades on a price-to-earnings ratio of 174.8, with a price-to-book of 20.5.
- Where can I see Applied Materials Inc's full financial metrics?
- Luminoso tracks AMAT's valuation, profitability, efficiency, leverage and earnings-quality metrics alongside analyst data — updated daily. Create a free account to explore the full breakdown.
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Last updated 25 Jun 2026.
Data is provided for informational purposes only and is not investment advice. Figures are cached and refreshed daily; they may differ from real-time quotes.