Applied Materials’ Target Price Implies a 44% Upside Potential
AMAT stock has generated returns of -16.0% since the start of this year. Of the 21 analysts tracking AMAT stock, 18 recommended a “buy,” and three recommended a “hold.” There were no “sell” recommendations on the stock. The average 12-month price target for Applied Materials is $62.09, which indicates that the stock is trading at a discount of 44.0% to analysts’ estimates.