Applied Materials, Inc. (AMAT)

NASDAQ: AMAT · IEX Real-Time Price · USD
203.38
+5.88 (2.98%)
At close: Apr 26, 2024, 4:00 PM
203.95
+0.57 (0.28%)
After-hours: Apr 26, 2024, 7:59 PM EDT
2.98%
Market Cap 168.99B
Revenue (ttm) 26.49B
Net Income (ttm) 7.16B
Shares Out 830.90M
EPS (ttm) 8.50
PE Ratio 23.93
Forward PE 24.90
Dividend $1.60 (0.79%)
Ex-Dividend Date May 22, 2024
Volume 3,920,040
Open 197.03
Previous Close 197.50
Day's Range 197.03 - 203.99
52-Week Range 111.12 - 214.91
Beta 1.58
Analysts Strong Buy
Price Target 201.35 (-1.0%)
Earnings Date May 16, 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 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 Statements

Analyst Forecast

According to 24 analysts, the average rating for AMAT stock is "Strong Buy." The 12-month stock price forecast is $201.35, which is a decrease of -1.00% from the latest price.

Price Target
$201.35
(-1.00% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

Other symbols: AAPLNVDAUBERXLFXLV
1 day ago - CNBC Television

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.

Other symbols: INTCMETASMCI
9 days ago - Barrons

Final Trades: Allstate, BHP Group, 2-Year T-Note, and Applied Materials

The Investment Committee gives you their top picks for the second half.

Other symbols: ALLBHP
16 days ago - CNBC Television

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 ...

18 days ago - Reuters

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

4 weeks ago - GlobeNewsWire

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 ...

4 weeks ago - Forbes

Semi stocks will continue to bifurcate in performance, says James Cakmak

James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.

4 weeks ago - CNBC Television

Applied Materials Raises Dividend by 25%

Applied Materials Inc. (AMAT) on Monday boosted its quarterly dividend by 25%, to 40 cents from 32 cents a share, but stock in the semiconductor equipment maker—which reached an all-time high price Th...

6 weeks ago - Investopedia

Applied Materials raises dividend: ‘$AMAT can continue to outperform'

Applied Materials Inc (NASDAQ: AMAT) is slightly down in premarket on Monday even though it just raised its quarterly dividend to 40 cents per share. Applies Materials lifts dividend up by 25% The new...

6 weeks ago - Invezz

Applied Materials Increases Cash Dividend by 25 Percent

SANTA CLARA, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a 25-percent increase in the quarterly cash dividend from $0.32...

6 weeks ago - GlobeNewsWire

6 Stocks to Buy—When the Market Finally Drops

The names all have ties to tech—and at least three are well known.

Other symbols: AMDAPHLRCXNVDAUBER
7 weeks ago - Barrons

Trade Tracker: Jim buys Applied Materials and Steve Weiss buys ASML

Jim Lebenthal and Steve Weiss join CNBC's 'Halftime Report' to explain why they made their latest buys in tech.

Other symbols: ASML
7 weeks ago - CNBC Television

Applied Materials receives subpoena from SEC on China shipments

Semiconductor equipment supplier Applied Materials received a subpoena from the U.S. Securities and Exchange Commission (SEC) in February, requesting information relating to certain China customer shi...

2 months ago - Reuters

Applied Materials Expands Patterning Solutions Portfolio for Angstrom Era Chipmaking

SAN JOSE, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Today at the SPIE Advanced Lithography + Patterning conference, Applied Materials, Inc. introduced a portfolio of products and solutions designed to...

2 months ago - GlobeNewsWire

Nvidia's AI Boom Spurs AMD, ARM, Super Micro, Palantir, and Many Other Stocks

CEO Jen-Hsun Huang said AI is “enabling a whole new industry.”

2 months ago - Barrons

Applied Materials to Participate in the Morgan Stanley Technology, Media & Telecom Conference

SANTA CLARA, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that Brice Hill, Senior Vice President and CFO, will participate in a fireside chat at the Morgan Stanley...

2 months ago - GlobeNewsWire

3-Stock Lunch: AMAT, SMCI & AMD

Gina Sanchez, Lido Advisors, joins 'Power Lunch' to discuss plays for three stocks: App. Materials, Supermicro and Advanced Micro.

Other symbols: AMDSMCI
2 months ago - CNBC Television

AMAT & COIN Soar After Earnings

Applied Materials (AMAT) soars after earnings and positive guidance. Jenny Horne discusses this as Fubon Securities upgrades Applied Materials to buy.

Other symbols: COIN
2 months ago - Schwab Network

Applied Materials Stock Is Surging. Why Wall Street Likes What It Sees.

The chip equipment maker's earnings report gave Wall Street cause to believe that the stock's strong rally can keep going.

2 months ago - Barrons

Applied Materials Stock Pops On Earnings Beat Amid Advanced Chip Demand—Indicator to Watch

Shares in Applied Materials (AMAT) rose sharply ahead of the opening bell Friday morning after the semiconductor equipment maker delivered better-than-expected quarterly results and provided a current...

2 months ago - Investopedia

Applied Materials gains on upbeat forecast as rising AI adoption drives chip tools demand

Applied Materials shares rose 13% in premarket trading on Friday after the semiconductor equipment supplier forecast a better-than-expected second quarter on strong demand from customers looking to ma...

2 months ago - Reuters

Applied Materials stock price jumps as earnings beat estimates

Applied Materials Inc. (NASDAQ: AMAT), the leading US manufacturer of chipmaking machinery, saw its share price surge in late trading following its optimistic revenue forecast for the current period. ...

2 months ago - Invezz

Applied Materials' stock climbs as company logs earnings beat, sees AI momentum

Applied Materials Inc. delivered upbeat results and guidance Thursday afternoon, and its stock was surging in the extended session.

2 months ago - Market Watch

Applied Materials Stock Jumps on Strong Earnings Beat

The chip equipment maker reported adjusted earnings of $2.13 a share for the January quarter.

2 months ago - Barrons

Applied Materials sees quarterly revenue above estimates on AI boom

Semiconductor equipment supplier Applied Materials forecast second-quarter revenue above Wall Street estimates on Thursday, on strong demand for AI chips and a recovery in the personal computer market...

2 months ago - Reuters