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NASDAQ:AMAT
This summary was created by AI, based on 10 opinions in the last 12 months.
Applied Materials (AMAT) has shown significant growth, with an increase of 179% this year fueled by a shortage of semiconductors and a strong demand for its manufacturing equipment. While some experts suggest taking profits due to rapid price increases, others highlight the company’s long-term potential and share buyback strategy, having reduced its share count by 31% since 2015. Comparatively, its competitors like Lam Research and KLA Corporation are performing better, raising concerns about AMAT's execution, particularly as it had a decent quarter but issued poor guidance. Some analysts recommend buying the stock on dips, giving a short-term price target and emphasizing its importance in the AI boom, despite AMAT's recent volatility and struggles in consistent performance.
Mainly hardware. Competitors are LRCX and KLAC. Manufactures and sells the presses that INTC, Samsung, and TSM will buy to make chips. Also has a software side. Runway of only $270 for 12-month price target. Buy here around $239, add ~$225, and again ~$205. Yield is 0.77%.
(Analysts’ price target is $223.51)Applied Materials is a American stock, trading under the symbol AMAT (previously AMAT-Q on Stockchase) on the NASDAQ (AMAT). It is usually referred to as NASDAQ:AMAT or AMAT
In the last year, 9 stock analysts issued a Buy, Sell, or Hold rating on AMAT (previously AMAT-Q on Stockchase). 5 analysts recommended to BUY and 4 analysts recommended to SELL the stock. The latest stock analyst rating is PAST TOP PICK. Read the latest stock experts' ratings for Applied Materials.
Applied Materials was recommended as a Top Pick by Kim Bolton on 2024-09-25. Read the latest stock experts ratings for Applied Materials.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Applied Materials.
Applied Materials is followed by 153 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-15, Applied Materials (AMAT) stock closed at a price of $592.03.
There's a shortage of semis, therefore a shortage of semi manufacturing materials that AMAT makes.