Applied Materials, Inc. (AMAT)
| Market Cap | 127.35B |
| Revenue (ttm) | 26.52B |
| Net Income (ttm) | 6.86B |
| Shares Out | 836.53M |
| EPS (ttm) | 8.11 |
| PE Ratio | 18.78 |
| Forward PE | 19.60 |
| Dividend | $1.28 (0.84%) |
| Ex-Dividend Date | Nov 22, 2023 |
| Volume | 705,032 |
| Open | 150.24 |
| Previous Close | 148.06 |
| Day's Range | 150.03 - 152.78 |
| 52-Week Range | 93.68 - 157.76 |
| Beta | 1.59 |
| Analysts | Strong Buy |
| Price Target | 156.74 (+2.87%) |
| Earnings Date | Nov 16, 2023 |
About AMAT
Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. It 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/nitridation, ... [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 24 analysts, the average rating for AMAT stock is "Strong Buy." The 12-month stock price forecast is $156.74, which is an increase of 2.87% from the latest price.
News
APPLIED MATERIALS ALERT: Bragar Eagel & Squire, P.C. is Investigating Applied Materials, Inc. on Behalf of Applied Materials Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Applied Materials, Inc. (“Applied Materials”...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Applied Materials, Inc. - AMAT
NEW YORK , Nov. 20, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Applied Materials, Inc. ("Applied Materials" or the "Company") (NASDAQ: AMAT). Such investors a...
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Applied Materials, Inc. (AMAT) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Applied Materials...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Applied Materials, Inc. (AMAT)
NEW YORK--(BUSINESS WIRE)---- $AMAT #classactionlawsuit--The law firm of Kirby McInerney LLP is investigating potential claims against Applied Materials, Inc. (“Applied Materials” or the “Company”) (N...
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Applied Materials, Inc. (AMAT) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Applied Materials, Inc. (“Applied Materials” or the “Company”) (NASDAQ: AMAT) investors concernin...
Three-Stock Lunch: Gap, App. Materials & Zoom
Jerry Castelli, Castleark Management CIO, joins ‘Power Lunch' to discuss three stocks: Gap, App. Materials and Zoom.
The Law Offices of Frank R. Cruz Announces Investigation of Applied Materials, Inc. (AMAT) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Applied Materials, Inc. (“Applied Materials” or the “Company”) (NASDAQ: AMAT) on behalf of investors concer...
Midday Movers: Ross Stores and Copart Jump, Applied Materials and Alphabet Drop
U.S. equities were lower and little changed at midday but heading for a winning week, boosted by reports on slowing inflation, which could keep the Fed from raising interest rates further.
Applied Materials Shares Slide Following Reports of DOJ Investigation
Despite better-than-expected earnings, Applied Materials (AMAT) shares tumbled over 5% in early trading Friday following reports of a U.S. Department of Justice probe into potential export violations.
Applied Materials Stock Drops. It's Not About Earnings.
Just as Applied Materials was posting results, Reuters reported that it was under investigation for sending products to a Chinese company without the required licenses.
After Strong Earnings, Applied Materials Stock Drops on Investigation Report
The chip equipment maker beat Wall Street estimates, but its stock dropped on new report of Federal probe.
Applied Materials' stock is falling despite earnings, sales beats
Applied Materials Inc.'s AMAT, -0.36% stock dropped 6% in extended trading Thursday after the company reported quarterly results that topped analyst revenue and earnings estimates. Applied reported fi...
Applied Materials Announces Fourth Quarter and Fiscal Year 2023 Results
SANTA CLARA, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its fourth quarter and fiscal year ended Oct. 29, 2023.
Earnings Exchange: Gap, BJ's Wholesale & Applied Materials
Jeff Kilburg, KKM Financial founder and CEO, joins 'The Exchange' to discuss Gap, BJ's Wholesale, and Applied Materials.
Applied Materials to Participate in the Wells Fargo TMT Summit
SANTA CLARA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that Brice Hill, Senior Vice President and CFO, will participate in a fireside chat at the Wells Fargo TM...
Applied Materials Announces Q4 and Fiscal 2023 Earnings Webcast
SANTA CLARA, Calif., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its fourth quarter and fiscal 2023 financial results on Thursday, Nov. 16, 2023 at 4:30 p....
Up 35% This Year, How Will Applied Materials Stock Trend Following Q4 Results?
Applied Materials is expected to publish its Q4 FY'23 results on November 16, reporting on another quarter that is likely to see a slowdown in sales due to potentially
U.S. curbs export of more A.I. chips to China: The companies that could be impacted
CNBC's Kristina Partsinevelos joins 'Squawk on the Street' with the latest news.
Needham's double play in the semis
The "Halftime Report" Investment Committee debates Needham's buy call on Lam Research and Applied Materials.
Semiconductor companies are in denial about this sea-change with their biggest customers
The world is experiencing a multi-trillion-dollar shift in the semiconductor industry. The semiconductor revolution (which I have discussed for years) has enabled much of the technological progress we...
These 10 stocks have the most exposure to China's 'stalling' economy, BofA warns
China's "stalling" economy is putting some US companies at risk, according to Bank of America. High rates of youth unemployment and recent property defaults have put pressure on the Chinese economy.
Applied Materials Announces Cash Dividend
SANTA CLARA, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.32 per share payable on the com...
Applied Materials to Participate at Goldman Sachs Conference
SANTA CLARA, Calif., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that Gary Dickerson, President and CEO, will participate in a fireside chat at the Goldman Sachs Communac...
Up 50% This Year, Will Applied Materials Stock Continue To Outperform?
Applied Materials stock has gained by about 52% year-to-date and also remains up by roughly 7% over the past month, outperforming the broader Nasdaq-100 which remains