The Applied Materials Inc (AMAT) share price is expected to increase by 20.44% over the next year. This is based on calculating the average 12-month share price estimate provided by 21 stock analysts who have covered AMAT. Price targets range from $185 at the low end to $280 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 is a stock in Technology which has been forecasted to be worth $231.28 as an average. On the higher end, the forecast price is $280 USD by Joseph Quatrochi from Wells Fargo and on the lower end AMAT is forecasted to be $185 by Chris Caso from Wolfe Research.
These are the latest 20 analyst ratings of AMAT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
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 |
Harlan Sur JP Morgan | Overweight | $250 | Maintains | Aug 16, 2024 |
C J Muse Cantor Fitzgerald | Overweight | $250 | Reiterates | Aug 16, 2024 |
Brian Chin Stifel | Buy | $270 | Maintains | Aug 16, 2024 |
Craig Ellis B. Riley Securities | Buy | $280 | Maintains | Aug 16, 2024 |
Sidney Ho Deutsche Bank | Hold | $230 | Maintains | Aug 16, 2024 |
Joseph Moore Morgan Stanley | Equal-Weight | $224 | Maintains | Aug 16, 2024 |
Charles Shi Needham | Buy | $260 | Reiterates | Aug 16, 2024 |
Atif Malik Citigroup | Buy | $240 | Maintains | Aug 5, 2024 |
C J Muse Cantor Fitzgerald | Overweight | $290 | Maintains | Jul 16, 2024 |
Needham | Buy | Maintains | Jul 15, 2024 | |
Brian Chin Stifel | Buy | $275 | Maintains | Jul 15, 2024 |
Craig Ellis B. Riley Securities | Buy | $300 | Maintains | Jun 20, 2024 |
Joseph Quatrochi Wells Fargo | Overweight | $280 | Maintains | Jun 17, 2024 |
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
$158.31B
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Applied Materials (AMAT) stock is down nearly 25% from its peak this year, forming two bearish patterns that suggest a potential decline following next week's earnings report.
Why It Matters - Applied Materials' significant stock drop and bearish patterns signal potential volatility, prompting investors to reassess risk before upcoming earnings, which could further impact stock performance.
Summary - Levi & Korsinsky is investigating Applied Materials (NASDAQ:AMAT) for potential federal securities law violations following Hedgeye's report questioning the company's growth and financial performance compared to peers.
Why It Matters - The investigation into Applied Materials for potential securities law violations and negative assessments from Hedgeye raise concerns about the company's financial health, impacting investor confidence and stock performance.
Summary - Pomerantz LLP is investigating claims for investors of Applied Materials, Inc. (NASDAQ: AMAT). Interested parties can contact Danielle Peyton for more information.
Why It Matters - The investigation into Applied Materials may indicate potential legal issues or financial irregularities, which could affect stock performance and investor sentiment.
Summary - Levi & Korsinsky is investigating Applied Materials, Inc. (NASDAQ: AMAT) for potential federal securities law violations after Hedgeye raised concerns about the company's growth and financial performance.
Why It Matters - The investigation into Applied Materials for potential securities law violations and negative evaluations from Hedgeye could signal financial instability, affecting stock prices and investor confidence.
Summary - Applied Materials (AMAT) closed at $192.03, down 1.06% from the previous day's close.
Why It Matters - A decline in Applied Materials' stock price may indicate investor concern or market volatility, potentially affecting sentiment and future investment decisions.
Summary - The company experienced a downturn due to a reduction in bookings at a peer within its sector.
Why It Matters - A bookings slowdown in the sector signals potential weakness, raising concerns about revenue growth and market stability, which can negatively impact stock performance.