Applied Materials (AMAT) – Research Analysts’ Weekly Ratings Changes

A number of research firms have changed their ratings and price targets for Applied Materials (NASDAQ: AMAT):

• 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.
• 5/8/2026 – Applied Materials is now covered by HSBC Holdings plc. They set a “buy” rating and a $517.00 price target on the stock.
• 5/5/2026 – Applied Materials had its price target raised by Morgan Stanley from $432.00 to $454.00. They now have an “overweight” rating on the stock.
• 5/4/2026 – Applied Materials is now covered by Seaport Research Partners. They set a “buy” rating and a $500.00 price target on the stock.
• 5/4/2026 – Applied Materials had its price target raised by UBS Group AG from $430.00 to $480.00. They now have a “buy” rating on the stock.
• 5/4/2026 – Applied Materials was upgraded by Seaport Research Partners to “strong-buy”.
• 4/27/2026 – Applied Materials was downgraded by Zacks Research from “strong-buy” to “hold”.
• 4/27/2026 – Applied Materials was upgraded by Erste Group Bank AG from “hold” to “buy”.
• 4/13/2026 – Applied Materials had its price target raised by B. Riley Financial, Inc. from $450.00 to $485.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Applied Materials had its price target raised by Susquehanna from $435.00 to $500.00. They now have a “positive” rating on the stock.

Applied Materials Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s payout ratio is presently 19.91%.

Insider Activity at Applied Materials

In other Applied Materials news, Director Judy Bruner sold 1,128 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the transaction, the director directly owned 26,544 shares in the company, valued at $11,944,800. This represents a 4.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Adam Sanders sold 268 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total transaction of $116,370.96. Following the sale, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. This trade represents a 5.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate 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.