{"slug": "b-riley-raises-price-target-on-applied-materials", "title": "B. Riley Raises Price Target on Applied Materials", "summary": "B. Riley raised its price target on Applied Materials to $790 from $550 on June 26, maintaining a Buy rating, citing DRAM, advanced packaging, and a multi-year semiconductor equipment investment cycle tied to AI demand. The upgrade signals that AI capacity growth depends on upstream wafer-fab equipment and memory investment, not just GPU vendors.", "body_md": "# B. Riley Raises Price Target on Applied Materials\n\n**B. Riley** raised its **Applied Materials** price target to **$790** from **$550** on June 26 and kept a Buy rating, according to Insider Monkey and TipRanks/TheFly. The rationale centered on DRAM, advanced packaging, leading-edge foundry and logic exposure, and a multi-year semiconductor equipment investment cycle tied partly to AI demand. For ML infrastructure teams, this is not a product update, but it reinforces a market signal: AI capacity growth depends on upstream wafer-fab equipment, packaging intensity, and memory investment as much as on GPU vendors.\n\nThe useful AI angle is upstream capacity. Applied Materials does not sell training clusters to developers, but its tools sit in the semiconductor equipment layer that determines how much advanced logic, DRAM, and packaging capacity the AI supply chain can support.\n\n### What happened\n\nInsider Monkey reported that B. Riley raised its Applied Materials price target to $790 from $550 on June 26, 2026 and maintained a Buy rating. TipRanks/TheFly reported the same target change and said B. Riley cited Applied Materials' DRAM and Advanced Packaging Master Class as evidence of a larger-than-expected long-term opportunity.\n\n### Technical context\n\nAdvanced packaging and DRAM capacity are increasingly important to AI infrastructure because model training and inference systems depend on high-bandwidth memory, dense interconnects, and leading-edge foundry and logic process capability. A price-target increase is only a market view, but the supporting thesis points to the physical manufacturing constraints behind AI compute expansion.\n\n### For practitioners\n\nTeams planning AI infrastructure should watch semiconductor equipment and packaging signals as upstream indicators of future capacity and cost. When equipment demand, memory pricing, and advanced packaging constraints all rise together, cloud pricing and hardware lead times can shift even before end customers see shortages.\n\n## Key Points\n\n- 1B. Riley raised Applied Materials target to $790 from $550 while maintaining a Buy rating.\n- 2The rationale centered on DRAM, advanced packaging, leading-edge logic, and a multi-year equipment cycle thesis.\n- 3AI infrastructure teams should treat semiconductor equipment demand as an upstream capacity and cost signal.\n\n## Scoring Rationale\n\nThis is a solid AI-infrastructure market signal because it concerns equipment, memory, and advanced packaging capacity. It remains moderate impact because the trigger is an analyst target update rather than a new manufacturing milestone or reported earnings event.\n\n## Sources\n\nPublic references used for this report.\n\nPractice with real FinTech & Trading data\n\n90 SQL & Python problems · 15 industry datasets\n\n[Active Verified Users by Income TierEasy](/problems/sql/active-verified-users-by-income)\n\n[Technology Stocks with High BetaMedium](/problems/sql/technology-stocks-with-high-beta)\n\n[Portfolio Performance ScorecardHard](/problems/sql/portfolio-performance-scorecard)\n\n250 free problems · No credit card\n\n[See all FinTech & Trading problems](/problems/datasets/fintech)", "url": "https://wpnews.pro/news/b-riley-raises-price-target-on-applied-materials", "canonical_source": "https://letsdatascience.com/news/b-riley-raises-price-target-on-applied-materials-f1da026c", "published_at": "2026-07-04 14:10:54+00:00", "updated_at": "2026-07-04 16:53:29.664747+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips"], "entities": ["B. Riley", "Applied Materials", "Insider Monkey", "TipRanks", "TheFly"], "alternates": {"html": "https://wpnews.pro/news/b-riley-raises-price-target-on-applied-materials", "markdown": "https://wpnews.pro/news/b-riley-raises-price-target-on-applied-materials.md", "text": "https://wpnews.pro/news/b-riley-raises-price-target-on-applied-materials.txt", "jsonld": "https://wpnews.pro/news/b-riley-raises-price-target-on-applied-materials.jsonld"}}