Applied Materials Stock News and Forecast (AMAT) on Dec. 19, 2025: Analyst Targets Rise, AI Capex Outlook Strengthens, and China Remains the Swing Factor
Applied Materials shares closed at $253.50 on December 18, up 2.11%, but remain 8.19% below their December 10 high. Deutsche Bank raised its price target to $275 on December 19, following similar upward revisions from B. Riley, Mizuho, Jefferies, and Wells Fargo this week. Trading volume exceeded the recent average. Analyst actions reflect shifting sentiment amid AI-driven spending and export control uncertainty.