Applied Materials Inc

Applied Materials Inc Stock Forecast & Price Prediction

Live Applied Materials Inc Stock (AMAT) Price
$171.13

36

Ratings

  • Buy 24
  • Hold 11
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$171.13

P/E Ratio

19.94

Volume Traded Today

$6.6M

Dividend

$0.4

52 Week High/low

255.89/148.05

Applied Materials Inc Market Cap

$141.68B

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AMAT Summary

The Applied Materials Inc (AMAT) share price is expected to increase by 26.68% over the next year. This is based on calculating the average 12-month share price estimate provided by 36 stock analysts who have covered AMAT. Price targets range from $155 at the low end to $250 at the high end. The current analyst consensus for AMAT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

AMAT Analyst Ratings

AMAT is a stock in Technology which has been forecasted to be worth $216.7813 as an average. On the higher end, the forecast price is $250 USD by Craig Ellis from B. Riley Securities and on the lower end AMAT is forecasted to be $155 by Vijay Rakesh from Mizuho.

AMAT stock forecast by analyst

These are the latest 20 analyst ratings of AMAT.

Analyst/Firm

Rating

Price Target

Change

Date

Joseph Quatrochi
Wells Fargo

Overweight

$210

Maintains

Dec 6, 2024
Joseph Moore
Morgan Stanley

Underweight

$164

Downgrade

Dec 5, 2024
Stacy Rasgon
Bernstein

Outperform

$210

Maintains

Nov 29, 2024
C J Muse
Cantor Fitzgerald

Overweight

$250

Reiterates

Nov 15, 2024
Charles Shi
Needham

Buy

$225

Maintains

Nov 15, 2024
Joseph Moore
Morgan Stanley

Equal-Weight

$179

Maintains

Nov 15, 2024
Vivek Arya
B of A Securities

Buy

$210

Maintains

Nov 15, 2024
Mark Lipacis
Evercore ISI Group

Outperform

$250

Maintains

Nov 15, 2024
Joseph Quatrochi
Wells Fargo

Overweight

$220

Maintains

Nov 15, 2024
Sidney Ho
Deutsche Bank

Hold

$200

Maintains

Nov 15, 2024
Krish Sankar
TD Cowen

Buy

$230

Maintains

Nov 15, 2024
Brian Chin
Stifel

Buy

$250

Maintains

Nov 12, 2024
Mehdi Hosseini
Susquehanna

Neutral

$170

Maintains

Nov 11, 2024
Mehdi Hosseini
Susquehanna

Neutral

$190

Maintains

Oct 11, 2024
C J Muse
Cantor Fitzgerald

Overweight

$250

Reiterates

Oct 8, 2024
Joseph Quatrochi
Wells Fargo

Overweight

$235

Maintains

Oct 3, 2024
Vijay Rakesh
Mizuho

Outperform

$225

Maintains

Sep 20, 2024
Joseph Moore
Morgan Stanley

Equal-Weight

$185

Maintains

Sep 17, 2024
Atif Malik
Citigroup

Buy

$217

Maintains

Sep 16, 2024
Timothy Arcuri
UBS

Neutral

$210

Maintains

Sep 12, 2024

AMAT Company Information

What They Do: Provides manufacturing equipment and services for semiconductors.

Business Model: The company generates revenue through three main segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. It sells manufacturing equipment and related technologies for semiconductor fabrication, offers integrated services to optimize equipment performance, and provides products for display technology manufacturing.

Other Information: Applied Materials operates globally, with a presence in key markets such as the U.S., China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Established in 1967 and headquartered in Santa Clara, California, the company is a critical player in the semiconductor and display industries.
AMAT
Applied Materials Inc (AMAT)

When did it IPO

1984

Staff Count

35,200

Country

United States

Sector/Industry

Technology/Semiconductor Equipment & Materials

CEO

Mr. Gary E. Dickerson

Market Cap

$141.68B

Applied Materials Inc (AMAT) Financial Data

In 2023, AMAT generated $26.52B in revenue, which was a increase of 2.84% from the previous year. This can be seen as a signal that AMAT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$17.20B

Revenue From 2021

$23.06B

34.07 %
From Previous Year

Revenue From 2022

$25.79B

11.80 %
From Previous Year

Revenue From 2023

$26.52B

2.84 %
From Previous Year
  • Revenue TTM $26.85B
  • Operating Margin TTM 28.7%
  • Gross profit TTM $12.38B
  • Return on assets TTM 15.2%
  • Return on equity TTM 43.9%
  • Profit Margin 27.7%
  • Book Value Per Share 22.85%
  • Market capitalisation $141.68B
  • Revenue for 2021 $23.06B
  • Revenue for 2022 $25.79B
  • Revenue for 2023 $26.52B
  • EPS this year (TTM) $8.62

Applied Materials Inc (AMAT) Latest News

News Image

Sat, 07 Dec 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Palantir Technologies (PLTR) has seen a 313% increase in its stock price in 2024, significantly boosting its market value.

Why It Matters - Palantir's 313% stock price surge indicates strong investor confidence and potential growth, which may attract more investment and influence market trends in tech stocks.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Applied Materials, Inc. will participate in the Wells Fargo 8th Annual TMT Summit Conference on December 4, 2024, with CFO Brice Hill presenting.

Why It Matters - Applied Materials' participation in a prominent technology conference can signal investor interest, potential market insights, and strategic direction, impacting stock performance and industry perception.

News Image

Thu, 05 Dec 2024

Sentiment - NEGATIVE

Source - Schwab Network

Summary - Five Below (FIVE) reported strong earnings and announced a new CEO, boosting its stock, while American Eagle Outfitters (AEO) fell after missing revenue targets and lowering guidance.

Why It Matters - Five Below's strong earnings and new CEO signal growth potential, boosting investor confidence. In contrast, American Eagle's revenue miss and lowered guidance raise concerns about its performance.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Reuters

Summary - Applied Materials maintains its first-quarter outlook despite new U.S. restrictions on semiconductor exports to China.

Why It Matters - Applied Materials maintaining its outlook signals confidence in its business despite geopolitical tensions, which may reassure investors about stability and potential growth in the semiconductor sector.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Applied Materials, Inc. will participate in the UBS Global Technology Conference on December 3, 2024, at 12:55 PM ET, with CFO Brice Hill presenting.

Why It Matters - Applied Materials' participation in the UBS Global Technology Conference signals engagement with investors, potentially influencing stock sentiment and providing insights into future performance.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Applied Materials announced updated export regulations for semiconductor technology, as stated by the U.S. government on December 2, 2024.

Why It Matters - Updated export regulations for semiconductor technology could impact Applied Materials' operations, revenue, and competitive position, influencing investor sentiment and stock performance.

...

AMAT Frequently asked questions

The highest forecasted price for AMAT is $250 from Craig Ellis at B. Riley Securities.

The lowest forecasted price for AMAT is $155 from Vijay Rakesh from Mizuho

The AMAT analyst ratings consensus are 24 buy ratings, 11 hold ratings, and 1 sell ratings.