Applied Materials, Inc. (AMAT)

NASDAQ: AMAT · Real-Time Price · USD
170.49
+1.18 (0.70%)
At close: Nov 20, 2024, 4:00 PM
169.62
-0.87 (-0.51%)
After-hours: Nov 20, 2024, 7:32 PM EST
0.70%
Market Cap 140.55B
Revenue (ttm) 27.18B
Net Income (ttm) 7.18B
Shares Out 824.40M
EPS (ttm) 8.61
PE Ratio 19.80
Forward PE 17.86
Dividend $1.60 (0.94%)
Ex-Dividend Date Nov 21, 2024
Volume 5,744,291
Open 169.31
Previous Close 169.31
Day's Range 167.06 - 170.53
52-Week Range 144.57 - 255.89
Beta 1.55
Analysts Buy
Price Target 218.68 (+28.27%)
Earnings Date Nov 14, 2024

About AMAT

Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitr... [Read more]

Sector Technology
Founded 1967
Employees 34,000
Stock Exchange NASDAQ
Ticker Symbol AMAT
Full Company Profile

Financial Performance

In 2024, Applied Materials's revenue was $27.18 billion, an increase of 2.49% compared to the previous year's $26.52 billion. Earnings were $7.18 billion, an increase of 4.68%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for AMAT stock is "Buy." The 12-month stock price forecast is $218.68, which is an increase of 28.27% from the latest price.

Price Target
$218.68
(28.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Applied Materials' Blueprint For Margin Expansion And Long-Term Growth

Applied Materials' revenue grew 5% YoY to $7.05 billion, driven by Semiconductor Systems and Services, with improved gross margins due to better inventory management and value-based pricing. The compa...

4 hours ago - Seeking Alpha

Applied Materials Announces New Collaboration Model for Advanced Packaging at Summit on Energy-Efficient Computing

SANTA CLARA, Calif. and SINGAPORE, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced plans to expand its global EPIC* innovation platform with a new collaboration model specifi...

2 days ago - GlobeNewsWire

Applied Materials to Participate in Upcoming Investor Conferences

SANTA CLARA, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that Brice Hill, Senior Vice President and CFO, will participate in fireside chats at the following inves...

2 days ago - GlobeNewsWire

Applied Materials: Q4, Growing Advanced Packaging Business

I reiterate a 'Buy' rating on Applied Materials with a one-year target price of $225 per share, driven by strong growth in AI and energy-efficient computing markets. Applied Materials reported 4.8% re...

4 days ago - Seeking Alpha

Will Trump's tariffs cause price hikes in electronics? Here's how his plans could lead to trouble in the semiconductor industry

The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.

Other symbols: INTCMUNVDASMHSOXX
4 days ago - Market Watch

Consider Selling Applied Materials As It Disappoints Again

Applied Materials, Inc.'s stock is in a free-fall due to underwhelming earnings and guidance, breaking critical support levels and showing bearish technical indicators. Q4 earnings were slightly above...

5 days ago - Seeking Alpha

Applied Materials dominate their space and nothing has structurally changed, says Mizuho's Rakesh

Vijay Rakesh, Mizuho managing director, joins 'The Exchange' to discuss why Applied Materials moved lower in Friday's session, if there's reason to be concerned about the performance of semiconductors...

5 days ago - CNBC Television

Applied Materials Reports Solid Q4 Beat, Analysts Express Concern Around High Exposure To China Spending Decline

Applied Materials, Inc. AMAT shares tanked in morning trading on Friday, even after the company reported upbeat fiscal fourth-quarter earnings.

5 days ago - Benzinga

These Analysts Slash Their Forecasts On Applied Materials Following Q4 Earnings

Applied Materials, Inc. AMAT reported better-than-expected fourth-quarter results after Thursday's closing bell.

5 days ago - Benzinga

Applied Materials Reports Q1 Results, Joins Oklo, AST SpaceMobile And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling more than 200 points on Friday.

Other symbols: ASTSOKLO
5 days ago - Benzinga

Applied Materials, Inc. (AMAT) Q4 2024 Earnings Call Transcript

Applied Materials, Inc. (NASDAQ:AMAT) Q4 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Liz Morali - Vice President, Investor Relations Gary Dickerson - President & C...

6 days ago - Seeking Alpha

Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall

Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display re...

6 days ago - WSJ

Everything is pointing green for Applied Materials, says Morningstar's William Kerwin

William Kerwin, Morningstar analyst, joins 'Closing Bell: Overtime' to discuss Applied Materials earnings and outlook.

6 days ago - CNBC Television

Applied Materials Stock Slides as Earnings Miss Expectations, China Sales Decline

Applied Materials (AMAT) reported fiscal fourth-quarter earnings that missed analysts' expectations, sending shares lower after the bell Thursday despite a revenue beat.

6 days ago - Investopedia

Applied Materials forecasts quarterly revenue below estimates on weak demand

Applied Materials forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down ne...

6 days ago - Reuters

Applied Materials Announces Fourth Quarter and Fiscal Year 2024 Results

SANTA CLARA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its fourth quarter and fiscal year ended Oct. 27, 2024.

6 days ago - GlobeNewsWire

Applied Materials: Bearish Chart Signals Ahead Of Q4 Earnings – 9% Upside In Sight?

Wall Street expects Applied Materials Inc AMAT to report $2.19 in earnings per share and $6.95 billion in revenues when the company posts fourth-quarter earnings after market hours.

6 days ago - Benzinga

"It's About Time" for DIS Turnaround, AMAT "Here to Stay"

Following Walt Disney's (DIS) rally off an earnings beat, Adam Lampe says the legacy media company can turn "a bad 10 years" around. Looking ahead to earnings for Applied Materials (AMAT), Adam explai...

Other symbols: DIS
6 days ago - Schwab Network

Applied Materials Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Applied Materials, Inc. AMAT will release earnings results for its fourth quarter, after the closing bell on Thursday, Nov. 14.

6 days ago - Benzinga

The Earnings Setup: Cisco Systems, Applied Materials and Disney

The Investment Committee discuss the setup on some stocks reporting earnings this week.

Other symbols: CSCODIS
7 days ago - CNBC Television

What Wall Street Analysts Think of Applied Materials' Stock Ahead of Earnings

Applied Materials (AMAT) is slated to report fiscal fourth-quarter earnings after the market closes on Thursday, with analysts leaning bullish ahead of the results.

8 days ago - Investopedia

Applied Materials Q4 Preview: Can Regulatory Headwinds Trump AI Catalysts?

Applied Materials, Inc. is poised for growth amid strong semiconductor demand, despite geopolitical risks and regulatory headwinds, warranting a cautious Buy rating. The company benefits from increase...

9 days ago - Seeking Alpha

Applied Materials stock: AMAT prepares for a massive dive

Applied Materials stock price has remained in a deep bear market as it dropped by almost 25% from its highest level this year. AMAT has also formed two extremely bearish patterns, pointing to a potent...

11 days ago - Invezz

3 Wide Moat Stocks for Your Watchlist

#Morningstar  #WideMoatStocks #StockInvesting The stocks of these high-quality companies look fairly valued today but watch out for a chance to buy them on weakness. 00:00 Introduction 00:26 ServiceNo...

Other symbols: NOWSCHW
15 days ago - Morningstar

Applied Materials Announces Q4 and Fiscal 2024 Earnings Webcast

SANTA CLARA, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its fourth quarter and fiscal 2024 financial results on Thursday, Nov. 14, 2024, at 4:30 p...

19 days ago - GlobeNewsWire