Did Mizuho change its rating on the stock?

No, Mizuho maintained its Buy rating.

How much did AMAT stock gain in the past month?

The stock gained over 18% in the past month.

Why did the analyst raise the price target?

Due to strong demand for semiconductor equipment and expected EPS growth of over 36%.

Mizuho Raises Applied Materials (AMAT) Price Target to $250

Mizuho analyst raised the price target for Applied Materials (AMAT) from $220 to $250, maintaining a Buy rating, as the stock gained 18% in the past month on strong demand commentary.

July 15, 2026

2 min read

Source: Insider Monkey

Key Numbers

price target previous

$220

price target new

$250

stock gain past month

18%

eps growth projected

36%

Mizuho analyst raised the price target for Applied Materials, Inc. (NASDAQ:AMAT) from $220 to $250, maintaining a Buy rating, according to a report by Insider Monkey on July 15, 2026.

Rating Change

Previous Price Target: $220
New Price Target: $250
Rating: Buy (unchanged)

Analyst Rationale

The analyst expects strong demand for semiconductor equipment, particularly in AI and high-performance computing, to drive EPS growth of over 36% in the next year. Positive management commentary on demand also supports the outlook.

Context

AMAT stock has risen over 18% in the past month, outperforming sector indices. The stock is also listed among "Best Stocks to Buy Now for High Returns" by Insider Monkey. Other analysts have mixed views but most are bullish.

Conclusion

The price target increase reflects analyst confidence in the company's future performance, but investors should consider risks related to industry cycles and current valuation.

Frequently Asked Questions

Mizuho raised its price target for AMAT to $250 from $220.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.