Morgan Stanley resets Applied Materials stock price forecast
View original at finance.yahoo.comMorgan Stanley resets Applied Materials stock price forecast Applied Materials has become one of Wall Street’s clearest ways to play the AI infrastructure buildout without buying the chip designers that dominate the headlines…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
The stock narrative has shifted from whether Applied Materials can outperform 2026 wafer fab equipment growth to how much it can outperform.
60% confidenceApplied Materials delivered another strong beat-and-raise, with upside across several parts of the business.
60% confidenceMorgan Stanley raised its full-year systems growth forecast for Applied Materials from 28.6% to 34.2%, and models the company outgrowing 2026 wafer fab equipment growth by more than 10 percentage points.
60% confidenceApplied Materials now expects its semiconductor equipment business to grow more than 30% in calendar 2026, supported by rapid global AI infrastructure buildout and the company's positions in leading-edge logic, DRAM, and advanced packaging.
60% confidenceApplied Materials is one of Wall Street's clearest ways to play the AI infrastructure buildout without buying chip designers.
60% confidenceThe rapid global build-out of AI computing infrastructure, combined with Applied Materials' positions in leading-edge logic, DRAM, and advanced packaging, supports sustained revenue and profit growth.
60% confidenceApplied Materials price target raised to $502; Overweight rating reiterated; stock maintained as Top Pick in semiconductor capital equipment.
60% confidence
Data points we hold from this source
| Applied Materials, Inc. · stock price | 440.56 USD |
| Applied Materials, Inc. · margin | 50.0 percent |