Applied Materials Inc — AI technical analysis, September 2026
NYSE/NASDAQ · Semiconductors
AI Recommendation
BUY
Technical score 90/100
Last price: $421.17 · 52W range $171.58 – $739.67
Short answer
Should you buy AMAT right now? Stockgaide's AI rates AMAT as
BUY, with a technical score of
90/100 at a last price of $421.17.
The 50-day average is above the 200-day average, and RSI sits at 29.2.
Wall Street's consensus rating is 1.87/5.
Full AI analysis for AMAT
Strategic Conclusion
Recommendation: Buy
Why? The stock is trading just above its 200-day moving average with RSI at 29.2, an oversold condition that historically favors a rebound. Wall Street is overwhelmingly bullish (39 buy, 0 sell), and the technical score of 90/100 points to a buy despite short-term bearish MACD momentum. The pullback from the 52-week high has brought valuation down while the medium-term uptrend (SMA50 > SMA200) remains intact.
Ideal profile: Long-term investor with a 6–12 month horizon; short-term traders can also play the oversold bounce but must respect the stop-loss.
Price range: Entry zone $410–$425; stop-loss at $395 (below SMA200); initial target $480–$500, then $550.
Practical action: Buy at current levels or on a dip toward $410–$415. Add on a daily close above $450. Reduce or exit if price closes below $395.
1. Recent Price & Momentum
Current price $421.17 is 43% below the 52-week high of $739.67 and 145% above the 52-week low of $171.58.
The stock is in the lower half of its 52-week range, sitting just above the 200-day SMA ($412.77) — a critical support zone.
Short-term scenario: an oversold bounce toward $450–$480 is likely if $412–$415 holds; a break below $395 would open the door to $350–$360.
2. Valuation (P/E)
P/E TTM of 35.93 is a premium multiple, reflecting expected growth in semiconductor equipment and AI-driven demand.
The stock has de-rated significantly from its highs, but the multiple is still not cheap; future growth is partially priced in.
Dividend yield of 0.85% is minimal and not a primary reason to own the stock.
3. Technical Analysis
SMA50 ($513.28) is above SMA200 ($412.77), confirming a medium-term uptrend, but price is below SMA50 — a pullback within an uptrend.
RSI at 29.2 is oversold, suggesting selling pressure is exhausted and a rebound is possible.
MACD is negative and below its signal line, but the histogram is nearly flat (-0.02), indicating bearish momentum is fading.
Technical score: 90/100 → BUY, driven by the golden-cross structure, oversold RSI, and strong analyst support.
4. Analyst Consensus
Mean rating 1.87/5 with 39 buy, 6 hold, and 0 sell — a strongly bullish consensus.
This aligns with the technical score, though near-term price action is weak; analysts are likely looking at the longer-term growth story rather than the current momentum.
Technical signal details
Rule-based read from price and momentum indicators only — the score behind the AI's recommendation above. Technical score: 90/100 (BUY).
50-day moving average is above the 200-day — medium-term uptrend (golden-cross territory).
MACD is below its signal line — bearish momentum.
RSI at 29.16 — oversold, potential rebound zone.
Wall Street consensus rating of 1.87 — analysts lean Buy.
Stockgaide's AI currently rates AMAT as BUY, with a technical score of 90 out of 100 at a last price of $421.17. This is educational content, not investment advice.
Is AMAT in an uptrend?
AMAT's 50-day moving average (513.28) is above its 200-day moving average (412.77), which points to a medium-term uptrend.
What is AMAT's RSI today?
AMAT has a 14-day RSI of 29.2, which places it in oversold territory (above 70 is overbought, below 30 is oversold).
What do analysts say about AMAT?
Wall Street analysts covering AMAT have a consensus rating of 1.87 out of 5 (1 = Strong Buy), meaning they lean Buy — 39 Buy · 6 Hold · 0 Sell.
Where is AMAT trading in its 52-week range?
AMAT last traded at $421.17, against a 52-week range of $171.58 to $739.67 — about 44% of the way up that range.
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