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

A number of firms have modified their ratings and price targets on shares of Applied Materials (NASDAQ: AMAT) recently:

• 8/18/2026 – Applied Materials was given a new $600.00 price target by Argus.
• 8/15/2026 – Applied Materials was upgraded by Wall Street Zen from “hold” to “buy”.
• 8/14/2026 – Applied Materials was given a new $675.00 price target by UBS Group AG. They now have a “buy” rating on the stock.
• 8/14/2026 – Applied Materials had its “overweight” rating reaffirmed by Cantor Fitzgerald.
• 8/14/2026 – Applied Materials had its “buy” rating reaffirmed by Seaport Research Partners. They now have a $575.00 price target on the stock.
• 8/14/2026 – Applied Materials had its price target raised by Craig Hallum from $530.00 to $585.00. They now have a “buy” rating on the stock.
• 8/14/2026 – Applied Materials had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $605.00 price target on the stock.
• 8/14/2026 – Applied Materials had its price target lowered by Morgan Stanley from $646.00 to $642.00. They now have an “equal weight” rating on the stock.
• 8/14/2026 – Applied Materials had its price target raised by Sanford C. Bernstein from $675.00 to $700.00. They now have an “outperform” rating on the stock.
• 8/14/2026 – Applied Materials had its price target lowered by Bank of America Corporation from $720.00 to $650.00. They now have a “buy” rating on the stock.
• 8/14/2026 – Applied Materials had its price target lowered by UBS Group AG from $705.00 to $675.00. They now have a “buy” rating on the stock.
• 8/14/2026 – Applied Materials had its price target lowered by UBS Group AG from $705.00 to $675.00. They now have a “buy” rating on the stock.
• 8/14/2026 – Applied Materials had its “buy” rating reaffirmed by TD Cowen. They now have a $700.00 price target on the stock.
• 8/14/2026 – Applied Materials had its price target raised by Royal Bank Of Canada from $520.00 to $600.00. They now have an “outperform” rating on the stock.
• 8/14/2026 – Applied Materials had its “buy” rating reaffirmed by B. Riley Financial, Inc.. They now have a $700.00 price target on the stock, down from $790.00.
• 8/14/2026 – Applied Materials had its price target raised by JPMorgan Chase & Co. from $515.00 to $660.00. They now have an “overweight” rating on the stock.
• 8/14/2026 – Applied Materials had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $740.00 price target on the stock.
• 8/11/2026 – Applied Materials is now covered by William Blair. They set a “market perform” rating on the stock.
• 8/5/2026 – Applied Materials was downgraded by Erste Group Bank AG from “buy” to “hold”.
• 8/3/2026 – Applied Materials had its “buy” rating reaffirmed by Citigroup Inc..
• 8/3/2026 – Applied Materials had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $645.00 price target on the stock.
• 8/1/2026 – Applied Materials was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/27/2026 – Applied Materials had its “buy” rating reaffirmed by HSBC Holdings plc. They now have a $683.00 price target on the stock.
• 7/15/2026 – Applied Materials had its price target raised by UBS Group AG from $570.00 to $705.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Applied Materials had its price target raised by Stifel Nicolaus from $530.00 to $650.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Applied Materials had its price target raised by Needham & Company LLC from $530.00 to $740.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Applied Materials had its price target raised by TD Cowen from $525.00 to $700.00. They now have a “buy” rating on the stock.
• 7/8/2026 – Applied Materials had its price target raised by Mizuho from $540.00 to $650.00. They now have an “outperform” rating on the stock.
• 7/6/2026 – Applied Materials had its price target raised by Morgan Stanley from $502.00 to $647.00. They now have an “equal weight” rating on the stock.
• 7/1/2026 – Applied Materials was upgraded by Zacks Research from “hold” to “strong-buy”.
• 6/30/2026 – Applied Materials had its price target raised by Susquehanna from $575.00 to $900.00. They now have a “positive” rating on the stock.
• 6/29/2026 – Applied Materials had its price target raised by Cantor Fitzgerald from $650.00 to $850.00. They now have an “overweight” rating on the stock.
• 6/29/2026 – Applied Materials was given a new $850.00 price target by HC Wainwright.
• 6/29/2026 – Applied Materials had its price target raised by KeyCorp from $550.00 to $750.00. They now have an “overweight” rating on the stock.
• 6/26/2026 – Applied Materials had its price target raised by B. Riley Financial, Inc. from $550.00 to $790.00. They now have a “buy” rating on the stock.
• 6/26/2026 – Applied Materials had its price target raised by Wells Fargo & Company from $715.00 to $740.00. They now have an “overweight” rating on the stock.
• 6/26/2026 – Applied Materials had its price target raised by Jefferies Financial Group Inc. from $510.00 to $770.00. They now have a “buy” rating on the stock.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is 18.28%.

Insiders Place Their Bets

In related news, Director Thomas J. Iannotti sold 9,250 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary E. Dickerson sold 71,727 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the sale, the chief executive officer directly owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. This trade represents a 4.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 277,820 shares of company stock valued at $169,538,434 in the last quarter. 0.30% of the stock is currently owned by company insiders.

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.