Analyst firms · Morgan Stanley · AMAT

Morgan Stanley AMAT price target and rating history

Applied Materials Inc. (AMAT) · Technology

Morgan Stanley rates Applied Materials Inc. (AMAT) Equal-Weight with a $502 price target, as of its latest action on May 18, 2026. It has published 6 rating actions on AMAT since August 2021, including 2 upgrades and 2 downgrades. Across 11 firms with a AMAT price target in the last 12 months, the median target is $450. Morgan Stanley's $502 is 12% above that.

Current rating

Equal-Weight

Price target

$502

Median target, all firms

$450

Actions on AMAT

6

Morgan Stanley price target on AMAT

Every Morgan Stanley rating on AMAT

• May 18, 2026
  DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $502
• Sep 22, 2025
  UpgradeMorgan Stanley upgrades to Overweight from Equal-Weight, price target $209
• Jun 6, 2025
  UpgradeMorgan Stanley upgrades to Equal-Weight from Underweight
• Dec 5, 2024
  DowngradeMorgan Stanley downgrades to Underweight from Equal-Weight, price target $179 to $164
• Dec 15, 2021
  ReiterateMorgan Stanley raises its price target to $160 from $150, keeps Equal-Weight
• Aug 20, 2021
  ReiterateMorgan Stanley raises its price target to $150 from $139, keeps Equal-Weight

How other firms rate AMAT

Each firm's latest rating and stated target in the last 12 months.

Questions about Morgan Stanley and AMAT

What is Morgan Stanley's price target for AMAT?

Morgan Stanley's latest stated price target for Applied Materials Inc. (AMAT) is $502, from its action on May 18, 2026.

What is Morgan Stanley's rating on AMAT?

Morgan Stanley rates AMAT Equal-Weight, a neutral rating, as of May 18, 2026.

When did Morgan Stanley last change its view on AMAT?

On May 18, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight, price target $502.

How does Morgan Stanley's AMAT target compare with other analysts?

Across 11 firms with a AMAT price target in the last 12 months, the median target is $450. Morgan Stanley's $502 is 12% above that.

More AMAT rating histories

• Erste Group4
• Susquehanna5
• Needham7
• Summit Insights3
• Mizuho4
• Deutsche Bank4
• Barclays5
• TD Cowen12
• BofA Securities4
• Rothschild & Co Redburn3
• Jefferies3
• New Street Research3
• Stifel3
• Wells Fargo3

All Morgan Stanley ratingsAMAT news and filingsEvery analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.