Applied Materials, Inc. (AMAT)
| Market Cap | 173.82B |
| Revenue (ttm) | 26.49B |
| Net Income (ttm) | 7.16B |
| Shares Out | 830.90M |
| EPS (ttm) | 8.50 |
| PE Ratio | 24.36 |
| Forward PE | 25.37 |
| Dividend | $1.60 (0.77%) |
| Ex-Dividend Date | May 22, 2024 |
| Volume | 824,086 |
| Open | 205.84 |
| Previous Close | 206.63 |
| Day's Range | 204.71 - 209.39 |
| 52-Week Range | 120.18 - 214.91 |
| Beta | 1.58 |
| Analysts | Buy |
| Price Target | 201.71 (-3.56%) |
| 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]
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 "Buy." The 12-month stock price forecast is $201.71, which is a decrease of -3.56% from the latest price.
News
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 $4 billion research and development facility in Silicon Valley due to a lack ...
Applied Materials Earns Intel's 2024 EPIC Distinguished Supplier Award
Applied is one of only 27 Distinguished Award recipients across Intel's global supply chain Applied is one of only 27 Distinguished Award recipients across Intel's global supply chain
Rallying 30% YTD, What's Spurring The Rally In Applied Materials' Stock?
Applied Materials AMAT stock has had a solid year thus far, rising by over 30% year-to-date and outperforming the broader Nasdaq-100 which gained about 11% over the same period. While the company had ...
Semi stocks will continue to bifurcate in performance, says James Cakmak
James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.
Applied Materials Raises Dividend by 25%
Applied Materials Inc. (AMAT) on Monday boosted its quarterly dividend by 25%, to 40 cents from 32 cents a share, but stock in the semiconductor equipment maker—which reached an all-time high price Th...
Applied Materials raises dividend: ‘$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...
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...
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.
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...
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...
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...
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.
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.
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.
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...
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...