Applied Materials, Inc. (AMAT)
| Market Cap | 199.43B |
| Revenue (ttm) | 26.50B |
| Net Income (ttm) | 7.31B |
| Shares Out | 827.98M |
| EPS (ttm) | 8.70 |
| PE Ratio | 27.69 |
| Forward PE | 28.11 |
| Dividend | $1.60 (0.66%) |
| Ex-Dividend Date | Aug 22, 2024 |
| Volume | 3,097,944 |
| Open | 235.15 |
| Previous Close | 237.41 |
| Day's Range | 235.02 - 241.00 |
| 52-Week Range | 129.21 - 249.42 |
| Beta | 1.56 |
| Analysts | Strong Buy |
| Price Target | 221.24 (-8.15%) |
| Earnings Date | Aug 15, 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]
Financial Performance
In 2023, AMAT's revenue was $26.52 billion, an increase of 2.84% compared to the previous year's $25.79 billion. Earnings were $6.86 billion, an increase of 5.07%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for AMAT stock is "Strong Buy." The 12-month stock price forecast is $221.24, which is a decrease of -8.15% from the latest price.
News
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
This has been a very good year for the stock market as a whole, although the performance of broad U.S. indexes also underscores how important the weighting of an index can be.
Applied Materials Reports Progress on Net Zero 2040 Playbook
• Company's latest Sustainability Report outlines efforts to reduce the semiconductor industry's carbon emissions
Applied Materials Announces Cash Dividend
SANTA CLARA, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the comp...
Applied Materials Stock Surges 30% This Year As Semiconductor Market Looks Up. Is The Stock Attractive?
Applied Materials stock has had a solid year thus far, rising by over 31% year-to-date. In comparison, Applied's semiconductor industry peer Texas Instruments stock has gained about 14% over the same ...
3-Stock Lunch: CRM, AMAT & ISRG
Jerry Castellini, Castleark Management president, joins 'Power Lunch' to discuss plays for three stocks including: Salesforce, App. Materials and Intuitive Surgical.
Applied Materials says received subpoena from US commerce department
Applied Materials received a subpoena from the U.S. Commerce department's Bureau of Industry and Security in May, it disclosed in a filing on Thursday.
Applied Materials Forecast Fails to Impress After Rally
Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & P...
Microsoft, Meta Platforms, Applied Materials, and Other Tech Stocks in Focus Today
Microsoft and Meta face regulatory questions over their artificial-intelligence features, while the market reacts to Applied Materials' earnings.
Applied Materials to Participate in Upcoming Investor Conferences
SANTA CLARA, Calif., May 17, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that Gary Dickerson, President and CEO, and Brice Hill, Senior Vice President and CFO, will participate in...
What Applied Materials' Q2 earnings mean for chip industry
Applied Materials (AMAT) posted second quarter earnings per share of $2.09, coming in $0.10 above estimates, as well as revenue of $6.65 billion, topping the estimated $6.52 billion. Yahoo Finance Hos...
AMAT & TTWO: Earnings Just Released
Applied Materials' (AMAT) 2Q adjusted EPS came in at $2.09 versus an estimated $1.97 and revenue came in at $6.65B versus an estimated $6.51B. Take-Two's (TTWO) 4Q adjusted EPS came in at $1.21 versus...
Applied Materials' stock dips despite upbeat earnings
Despite better-than-expected results for its latest quarter, Applied Materials Inc. shares were moving lower in Thursday's extended session.
Applied Materials beats Q2 estimates but guidance disappoints
Applied Materials Inc (NASDAQ: AMAT) is slipping in extended trading even though it reported market-beating financial results for its second quarter. This is a developing story.
Applied Materials forecasts third-quarter revenue above estimates
Semiconductor equipment maker Applied Materials forecast third-quarter revenue above Wall Street estimates on Thursday, indicating robust demand fueled by an artificial intelligence boom.
Applied Materials Announces Second Quarter 2024 Results
SANTA CLARA, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended Apr. 28, 2024.
Semiconductor Stocks: Buy The Dip?
Semiconductor stocks have seen mixed performance today after Jefferies assumed coverages. Renita Young says that Nvidia (NVDA) has been trading within a tight range.
Stocks This Week: Buy Applied Materials And Walmart
The coming week is OPEX (options expiration week) in May. This has been one of the less bullish such weeks among the 12 months in any year since 1985.
Final Trades: Taiwan Semi, Applied Materials, IDU and GDX
The Investment Committee gives you their top stocks to watch for the second half.
Applied Materials Announces Q2 FY2024 Earnings Webcast and CY2023 WFE Market Summary
SANTA CLARA, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its second quarter of fiscal 2024 financial results on Thursday, May 16, 2024 at 4:30 p.m...
The Investment Committee's Pullback Playbook: Nvidia, Applied Materials, Apple, Uber, XLF and XLV
The Investment Committee share their pullback playbook for today's down market.
Intel, Super Micro Computer, Meta, Applied Materials, and Other Tech Stocks in Focus Today.
Shares are moving tentatively higher as the sector struggles to turn around a bad week.
Final Trades: Allstate, BHP Group, 2-Year T-Note, and Applied Materials
The Investment Committee gives you their top picks for the second half.
Applied Materials may postpone or cancel $4 bln California R&D facility, SF Chronicle reports
Applied Materials , the largest maker of semiconductor equipment in the U.S., may postpone or abandon its plans to build a $4 billion research and development facility in Silicon Valley due to a lack ...
Applied Materials Earns Intel's 2024 EPIC Distinguished Supplier Award
Applied is one of only 27 Distinguished Award recipients across Intel's global supply chain Applied is one of only 27 Distinguished Award recipients across Intel's global supply chain
Rallying 30% YTD, What's Spurring The Rally In Applied Materials' Stock?
Applied Materials AMAT stock has had a solid year thus far, rising by over 30% year-to-date and outperforming the broader Nasdaq-100 which gained about 11% over the same period. While the company had ...