Applied Materials (NASDAQ:AMAT) has seen varied analyst opinions over the past three months, with a recent shift towards more bullish sentiments. The average 12-month price target has risen to $211.41, indicating a 20.93% increase from the previous target. Analysts have adjusted their ratings and price targets, reflecting optimism about the company's market position as the largest semiconductor wafer fabrication equipment manufacturer. Despite a slight revenue decline of -0.47% in the last quarter, Applied Materials boasts a strong financial performance with exceptional net margin, ROE, and ROA, outperforming industry averages.