NASDAQ:AMAT
Applied Materials (AMAT)
Financials 
Technical Analysis 
Jul 5, 2026, 12:00 amThis summary was created by AI, based on 10 opinions in the last 12 months.
Applied Materials (AMAT) is currently experiencing significant momentum in the semiconductor capital equipment sector, driven by an ongoing chip shortage. The company has seen impressive growth, with a 179% increase this year alone, supported by its ability to produce essential manufacturing equipment for major clients like Intel, Samsung, and TSMC. However, some experts express caution, noting that despite this growth, AMAT's recent guidance has been disappointing, with expectations falling below analyst targets. While the long-term outlook remains positive due to the industry's growth potential, the consensus suggests careful management of investments, with some recommending taking profits after recent gains. The company has demonstrated strong capital management by reducing its share count and providing a decent yield, although volatility remains a concern in such a highly dynamic market.
Just reported, but shares dipped 2%. Reported guidance in-line. Maybe the market is worried over their sales in China, but nothing has changed overnight. It's case of shares being up nicely and are guiding conservatively. This is up 28% this year, so he's fine with it. Has $2 billion free cash flow last quarter reported and carries no net debt.
Jim Lebenthal
Supply to TSM. They "make the things that make the things". Demand for its products will increase with onshoring and increased complexity of technology. Yield is 0.7%.
(Analysts’ price target is $171.38)
Brendan Caldwell
It's down 5% today on news. Their earnings were fine, but were overshadowed by the Department of Justice inquiry about AM allegedly selling restricted products to China. He won't sell because of the DOJ inquiry, because AM's performance has been strong.
Joe TerranovaIt has free cash flow generation given revenues without heavy leverage exposure. A quality name.
Joe Terranova12-month price target of $156.60. International. Most recent earnings beat on top and bottom. Launching multi-billion dollar R&D platform, which is driving semiconductor innovation side. Yield is 0.93%.
(Analysts’ price target is $159.29)
Kim Bolton
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Still a decent runway ahead. 12-month price target of $258. Has built a moat around the wafer and fabrication side, over 50% market share. Buy it here around $198, another 1/3 in low $180s, and final 1/3 in low $170s.