Applied Materials stock gains as UBS lifts its target
Published on 09/10/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Applied Materials stock (ISIN US0382221051) closed at USD 468.85 on September 9, 2026, after a 0.83 percent decline, while UBS lifted its price target to USD 695 from USD 675 and kept a Buy rating on September 1, 2026. The move leaves the shares about 35.0 percent below the 52-week high of USD 739.67.
UBS keeps a bullish call
According to MarketScreener, UBS raised its Applied Materials target to USD 695 from USD 675 on September 1, 2026, and maintained a Buy rating. That is a USD 20 increase, or 3.0 percent, and it keeps the target about 48.2 percent above the September 9 close.
MarketBeat showed a consensus price target of USD 658.45 and a Moderate Buy rating on September 10, 2026. The same page listed a market value of USD 372.08 billion and a price-to-earnings ratio of 40.42.
August numbers stay central
Applied Materials reported fiscal third-quarter revenue of USD 9.115 billion on August 13, 2026, up 25 percent from a year earlier, and non-GAAP EPS of USD 3.50, up 41 percent, according to FinanceFeeds. The same source said management guided fiscal fourth-quarter revenue to about USD 10.25 billion, plus or minus USD 500 million, and non-GAAP EPS to USD 4.02, plus or minus USD 0.20.
On that basis, the midpoint of the revenue guide implies about USD 10.25 billion versus USD 9.115 billion in the prior quarter, a sequential increase of roughly 12.4 percent. For investors, the next debate is whether the current valuation can keep up with that earnings path.
Stock stays above the year start
Applied Materials stock traded at USD 468.85 on September 9, 2026, with volume of 3,939,191 shares, and the 52-week range stood at USD 161.75 to USD 739.67. The market cap shown in the same market snapshot was USD 372.08 billion.
Applied Materials stock snapshot
- Company: Applied Materials, Inc.
- ISIN: US0382221051
- Ticker: AMAT
- Trading venue: Nasdaq
- Price (as of September 9, 2026): USD 468.85
- Market capitalization: USD 372.08 billion (as of September 10, 2026)
- Sector / Industry: Information Technology / Semiconductors & Semiconductor Equipment
- Index membership: S&P 500
