On February 13, 2026, RBC Capital maintained its Outperform rating on AMAT, Applied Materials, Inc., and raised the price target to $430. The AMAT analyst rating update signals RBC’s confidence in Applied Materials’ exposure to semiconductor process demand. RBC cited stronger near-term demand and favorable tool cycles as drivers for the higher target. At the time of the note the stock was reported down -2.35% ($-8.53) versus the prior close and the company holds a market cap of $281,699,683,724.
AMAT analyst rating: RBC Capital action and price target
RBC Capital on February 13, 2026 kept its Outperform stance and raised the price target from $385 to $430. The firm framed the raise around stronger demand for deposition and etch tools and material upgrades. Read RBC’s note summary at TheFly for the full writeup source.
AMAT analyst rating: What an Outperform maintenance means for investors
Maintaining an Outperform rating means RBC expects AMAT to beat peers and the market over the next 12 months. Investors should view this as a positive stance, not a guarantee; it reflects analyst conviction in revenue cycles, not immediate price action. Keep position sizing and risk controls aligned with your plan.
AMAT analyst rating: Price target impact and stock reaction
A higher $430 price target raises upside math versus prior levels and signals analyst confidence in earnings revisions. The market reaction on the note showed a -2.35% ($-8.53) intraday move, indicating short-term profit-taking or broader market weakness. Over time, upgrades to price targets can inform re-rating if earnings and orders match the thesis.
AMAT analyst rating: Historical analyst coverage context
Applied Materials draws regular coverage from major firms and has seen recent positive actions, including a buy upgrade reported by Summit Insights days earlier. That pattern shows multiple firms viewing AMAT favorably amid strong AI and chip investment cycles. For ongoing coverage snapshots see related analyst feeds on Investing.com source.
AMAT analyst rating: Implications and risks for portfolios
RBC’s maintained Outperform and higher price target support a bullish medium-term view for AMAT, useful for active and long-term investors. However, key risks include cadence misses in orders, cyclicality in capex, and macro slowdowns. Investors should weigh RBC’s view against other analyst actions and the company’s quarterly orders data.
Final Thoughts
RBC Capital’s February 13, 2026 decision to maintain an Outperform rating and lift the price target to $430 keeps the AMAT analyst rating narrative bullish. The move adds to recent positive coverage and strengthens the case that Applied Materials, Inc. can benefit from sustained semiconductor tool demand. Short-term price moves may still be volatile, as reflected by the reported -2.35% ($-8.53) intraday reaction, but the higher target raises upside potential versus prior analyst levels. Meyka AI rates AMAT with a grade of A. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors. Use this AMAT analyst rating update as part of a broader research process that includes orders, earnings, and balance sheet checks.
FAQs
What exactly did RBC Capital change for AMAT on February 13, 2026?
RBC Capital maintained an Outperform rating on AMAT and raised the price target from $385 to $430. The AMAT analyst rating note highlighted stronger tool demand and favorable near-term cycles as reasons for the change.
How should investors interpret the AMAT analyst rating maintenance?
A maintained Outperform means RBC expects AMAT to outperform peers over 12 months. The AMAT analyst rating is a bullish signal but not a guarantee; investors should confirm with orders and earnings data before adding exposure.
Does the new price target affect short-term trading for AMAT?
A higher $430 price target provides longer-term upside context, but the AMAT analyst rating change did not prevent short-term volatility. Traders should manage risk and watch next quarter’s orders and guidance.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
