---
title: "New Buy Rating for Applied Materials (AMAT), the Technology Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286552336.md"
description: "Charles Shi from Needham has maintained a Buy rating on Applied Materials (AMAT) with a price target of $530.00. The analyst consensus for Applied Materials is Strong Buy, with a price target consensus of $508.95. Shi has an average return of 38.9% and a 61.36% success rate on his stock recommendations."
datetime: "2026-05-15T10:58:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286552336.md)
  - [en](https://longbridge.com/en/news/286552336.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286552336.md)
---

# New Buy Rating for Applied Materials (AMAT), the Technology Giant

In a report released today, Charles Shi from Needham maintained a Buy rating on Applied Materials, with a price target of $530.00.

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Shi covers the Technology sector, focusing on stocks such as Onto Innovation, Cadence Design, and Silvaco Group, Inc.. According to TipRanks, Shi has an average return of 38.9% and a 61.36% success rate on recommended stocks.

Applied Materials has an analyst consensus of Strong Buy, with a price target consensus of $508.95.

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## Related News & Research

- [Applied Materials (AMAT) Receives a Rating Update from a Top Analyst](https://longbridge.com/en/news/287703053.md)
- [Bleakley Financial Group LLC Acquires 5,415 Shares of Applied Materials, Inc. $AMAT](https://longbridge.com/en/news/287602179.md)
- [Applied Materials, Inc. $AMAT Holdings Raised by Global Retirement Partners LLC](https://longbridge.com/en/news/287331069.md)
- [Applied Materials Stock Just Got a New Street-High Price Target: AMAT’s Role in AI Is Almost ‘Irreplaceable’](https://longbridge.com/en/news/285729679.md)
- [Applied Materials Broadens Advanced Packaging Portfolio with Acquisition of NEXX | AMAT Stock News](https://longbridge.com/en/news/285008493.md)