Applied Materials Inc

Applied Materials Inc Stock Forecast & Price Prediction

Live Applied Materials Inc Stock (AMAT) Price
$192.03

21

Ratings

  • Buy 20
  • Hold 1
  • Sell 0
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

$192.03

P/E Ratio

21.60

Volume Traded Today

$4.8M

Dividend

$0.4

52 Week High/low

255.89/141.94

Applied Materials Inc Market Cap

$158.31B

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AMAT Summary

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 Analyst Ratings

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.

AMAT stock forecast by analyst

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

AMAT Company Information

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

Business Model: The company operates three main segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. It generates revenue by developing and selling manufacturing equipment for semiconductor fabrication, offering integrated services to enhance equipment performance, and supplying products for various display technologies.

Other Information: Applied Materials is a key player in the semiconductor and display industries, serving a global market that includes the U.S., China, and Europe. Founded in 1967 and based in Santa Clara, California, the company focuses on technological advancements in manufacturing processes, providing essential tools and services that support the production of advanced electronic devices.
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

$158.31B

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 $158.31B
  • Revenue for 2021 $23.06B
  • Revenue for 2022 $25.79B
  • Revenue for 2023 $26.52B
  • EPS this year (TTM) $8.89

Applied Materials Inc (AMAT) Latest News

News Image

Sat, 09 Nov 2024

Sentiment - NEGATIVE

Source - Invezz

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.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

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.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

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.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

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.

News Image

Fri, 08 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

News Image

Mon, 04 Nov 2024

Sentiment - NEGATIVE

Source - The Motley Fool

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.

...

AMAT Frequently asked questions

The highest forecasted price for AMAT is $280 from Joseph Quatrochi at Wells Fargo.

The lowest forecasted price for AMAT is $185 from Chris Caso from Wolfe Research

The AMAT analyst ratings consensus are 20 buy ratings, 1 hold ratings, and 0 sell ratings.