Applied Materials Stock Fell 21% in 8 Straight Sessions. Here’s What Its 2030 Targets Mean for Shares

Key Stats for Applied Materials StockCurrent Price: $430. 01Target Price (Mid): ~$800Street Target: ~$632Potential Total Return: ~85%Annualized IRR: ~17% / yearWhat Happened?“We’re not going to give a specific WFE forecast today,” Applied Materials (AMAT) CEO Gary Dickerson told investors at the company’s SEMICON West breakfast on Oct.