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NASDAQ:AMAT

Applied Materials - AMAT Stock Forecast, Price & News

$119.98
-4.28 (-3.44%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$119.61
$123.67
50-Day Range
$94.23
$124.26
52-Week Range
$71.12
$145.16
Volume
6.15 million shs
Average Volume
6.30 million shs
Market Capitalization
$101.15 billion
P/E Ratio
16.13
Dividend Yield
0.87%
Price Target
$117.64

Applied Materials MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
2.0% Downside
$117.64 Price Target
Short Interest
Healthy
1.22% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.18
Upright™ Environmental Score
News Sentiment
0.60mentions of Applied Materials in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$40,641 Sold Last Quarter
Proj. Earnings Growth
-1.64%
From $6.72 to $6.61 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.58 out of 5 stars

Computer And Technology Sector

98th out of 610 stocks

Semiconductors & Related Devices Industry

15th out of 89 stocks

AMAT stock logo

About Applied Materials (NASDAQ:AMAT) Stock

Applied Materials, Inc. provides manufacturing equipment, services and software to the semiconductor, display and related industries. It operates through the following segments: Semiconductor Systems, Applied Global Services, and Display & Adjacent Markets. The Semiconductor Systems segment includes semiconductor capital equipment for etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The Applied Global Services segment provides solutions to optimize equipment, performance, and productivity. The Display & Adjacent Markets segment offers products for manufacturing liquid crystal displays, organic light-emitting diodes, equipment upgrades, and other display technologies for TVs, monitors, laptops, personal computers, smart phones, and other consumer-oriented devices. The company was founded on November 10, 1967 and is headquartered in Santa Clara, CA.

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AMAT Stock News Headlines

Can Chip Gear Maker Lam Continue Its Rally As Earnings Slow? (AMAT)
Could a nascent rally in chip gear maker Lam Research be the real deal, or is it a head fake for tech investors eager to see a long-awaited turnaround?
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Applied Materials Announces Q1 FY2023 Earnings Webcast
Here's Why Applied Materials Stock Is Moving
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Applied Materials (NASDAQ:AMAT) Upgraded at StockNews.com
Where Applied Mat Stands With Analysts
Mizuho Securities Reaffirms Their Buy Rating on Applied Materials (AMAT)
Why Applied Materials Fell 9.4% on Thursday
See More Headlines
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AMAT Company Calendar

Last Earnings
11/17/2022
Ex-Dividend for 12/15 Dividend
11/23/2022
Dividend Payable
12/15/2022
Today
2/03/2023
Next Earnings (Confirmed)
2/16/2023
Ex-Dividend for 3/16 Dividend
2/22/2023
Dividend Payable
3/16/2023
Fiscal Year End
10/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:AMAT
CUSIP
03822210
CIK
6951
Employees
33,000
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$117.64
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$88.00
Forecasted Upside/Downside
-2.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
26 Analysts

Profitability

Net Income
$6.53 billion
Pretax Margin
29.47%

Debt

Sales & Book Value

Annual Sales
$25.79 billion
Cash Flow
$8.44 per share
Book Value
$14.17 per share

Miscellaneous

Free Float
840,970,000
Market Cap
$101.15 billion
Optionable
Optionable
Beta
1.59

Social Links


Key Executives

  • Gary E. DickersonGary E. Dickerson
    President, Chief Executive Officer & Director
  • Brice A. HillBrice A. Hill
    Chief Financial Officer & Senior Vice President
  • Jay O. Kerley
    Chief Information Officer & Senior Vice President
  • Omkaram NalamasuOmkaram Nalamasu
    Chief Technology Officer & Senior Vice President
  • Susan J. Schmitt Winchester
    Chief Human Resources Officer & Senior VP













AMAT Stock - Frequently Asked Questions

Should I buy or sell Applied Materials stock right now?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMAT shares.
View AMAT analyst ratings
or view top-rated stocks.

What is Applied Materials' stock price forecast for 2023?

26 brokerages have issued 12 month price objectives for Applied Materials' shares. Their AMAT share price forecasts range from $88.00 to $135.00. On average, they predict the company's share price to reach $117.64 in the next year. This suggests that the stock has a possible downside of 2.0%.
View analysts price targets for AMAT
or view top-rated stocks among Wall Street analysts.

How have AMAT shares performed in 2023?

Applied Materials' stock was trading at $97.38 at the start of the year. Since then, AMAT shares have increased by 23.3% and is now trading at $120.05.
View the best growth stocks for 2023 here
.

When is Applied Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our AMAT earnings forecast
.

How can I listen to Applied Materials' earnings call?

Applied Materials will be holding an earnings conference call on Thursday, February 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Applied Materials' earnings last quarter?

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings results on Thursday, November, 17th. The manufacturing equipment provider reported $2.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.72 by $0.31. The manufacturing equipment provider earned $6.75 billion during the quarter, compared to the consensus estimate of $6.44 billion. Applied Materials had a trailing twelve-month return on equity of 56.62% and a net margin of 25.31%. The business's revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.94 earnings per share.
Read the conference call transcript
.

How often does Applied Materials pay dividends? What is the dividend yield for Applied Materials?

Applied Materials declared a quarterly dividend on Monday, December 12th. Shareholders of record on Thursday, February 23rd will be paid a dividend of $0.26 per share on Thursday, March 16th. This represents a $1.04 annualized dividend and a yield of 0.87%. The ex-dividend date is Wednesday, February 22nd.
Read our dividend analysis for AMAT
.

Is Applied Materials a good dividend stock?

Applied Materials (NASDAQ:AMAT) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.87%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 13.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMAT will have a dividend payout ratio of 15.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMAT.

How will Applied Materials' stock buyback program work?

Applied Materials announced that its board has approved a stock buyback plan on Friday, March 11th 2022, which permits the company to repurchase $6,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

What guidance has Applied Materials issued on next quarter's earnings?

Applied Materials issued an update on its first quarter 2023 earnings guidance on Saturday, December, 17th. The company provided EPS guidance of $1.75-$2.11 for the period, compared to the consensus EPS estimate of $1.83. The company issued revenue guidance of $6.30 billion-$7.10 billion, compared to the consensus revenue estimate of $6.45 billion.

What is Gary Dickerson's approval rating as Applied Materials' CEO?

1,064 employees have rated Applied Materials Chief Executive Officer Gary Dickerson on Glassdoor.com. Gary Dickerson has an approval rating of 93% among the company's employees. This puts Gary Dickerson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 84.0% of employees surveyed would recommend working at Applied Materials to a friend.

What other stocks do shareholders of Applied Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Applied Materials investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intel (INTC), Cisco Systems (CSCO), Lam Research (LRCX), QUALCOMM (QCOM), Walt Disney (DIS) and Netflix (NFLX).

What is Applied Materials' stock symbol?

Applied Materials trades on the NASDAQ under the ticker symbol "AMAT."

Who are Applied Materials' major shareholders?

Applied Materials' stock is owned by many different retail and institutional investors. Top institutional shareholders include Parnassus Investments LLC (0.86%), Fisher Asset Management LLC (0.47%), Sumitomo Mitsui Trust Holdings Inc. (0.46%), New York State Common Retirement Fund (0.28%), Bank of Montreal Can (0.16%) and DekaBank Deutsche Girozentrale (0.15%). Insiders that own company stock include Alexander Karsner, Daniel Durn, Gary E Dickerson, Gary E Dickerson, Ginetto Addiego, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest, Teri A Little, Thomas J Iannotti, Timothy M Deane and Xun Chen.
View institutional ownership trends
.

How do I buy shares of Applied Materials?

Shares of AMAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Applied Materials' stock price today?

One share of AMAT stock can currently be purchased for approximately $120.05.

How much money does Applied Materials make?

Applied Materials (NASDAQ:AMAT) has a market capitalization of $101.21 billion and generates $25.79 billion in revenue each year. The manufacturing equipment provider earns $6.53 billion in net income (profit) each year or $7.44 on an earnings per share basis.

How many employees does Applied Materials have?

The company employs 33,000 workers across the globe.

Does Applied Materials have any subsidiaries?
The following companies are subsidiares of Applied Materials: AKT America LLC, AKT Godo Kaisha, ATMI - Treatment Systems business, Advent Solar, Applied Films Corporation, Applied Materials (China) Holdings Ltd., Applied Materials (China) Inc., Applied Materials (Holdings), Applied Materials (Shanghai) Co. Ltd., Applied Materials (Xi'an) Ltd., Applied Materials Asia-Pacific LLC, Applied Materials Belgium N.V., Applied Materials Canada Inc., Applied Materials China Limited, Applied Materials Deutschland Holding GmbH, Applied Materials Display Equipment (Shanghai) Co. Ltd., Applied Materials Europe B.V., Applied Materials France, Applied Materials GmbH, Applied Materials GmbH & Co. KG, Applied Materials Holdings S.à r.l., Applied Materials Hong Kong Limited, Applied Materials India Private Limited, Applied Materials Ireland Limited, Applied Materials Israel Ltd., Applied Materials Italia S.r.l., Applied Materials Japan Inc., Applied Materials Korea Ltd., Applied Materials Luxembourg 2 S.à r.l., Applied Materials Netherlands B.V., Applied Materials Philippines LLC, Applied Materials Singapore Technology Pte. Ltd., Applied Materials South East Asia Pte. Ltd., Applied Materials Switzerland S.à r.l. in liquidation, Applied Materials Taiwan Ltd., Applied Materials U.S. Holdings LLC, Applied Materials UK Limited, Applied Materials Verwaltung GmbH, Applied Materials WEB Coating GmbH, Applied Ventures ITIC Innovation Fund GP LLC, Applied Ventures Innovation Fund I L.P., Applied Ventures Investment Management GP I LLC, Applied Ventures LLC, Baccini, Baccini Kesheng Italia S.r. l., Baccini Kesheng Pte. Ltd., Boxer Cross, Brooks Software, Consilium Inc., DMO Systems Limited, Electron Vision Corp., Etec Systems, Global Knowledge Services, HCT Shaping Systems, Hitachi Kokusai Electric, ICT Integrated Circuit Testing GmbH, Kunshan Tango Semiconductor Equipment Co. Ltd., Lin-gang Special Area Applied Materials (Shanghai) Co. Ltd., MDLSoft LLC, MDLab S.r. l. in liquidation, Mecatronix GmbH, Metron Technology Ltd, NP Komplete Technologies B.V., Obsidian Inc., Opal Inc., Oramir, Orbot Instruments, Perceptive Engineering, Perceptive Engineering Limited, Perceptive Engineering Pte. Ltd., Sage Design Automation LLC, Sage Design Automation Ltd., Semitool Inc., Sigmameltec Ltd., Tango Systems LLC, Think Silicon, Think Silicon Research and Technology Single Member S.A. (Think Silicon S.A.), Torrex Equipment, Varian Semiconductor Equipment Associates Inc., and Veranome Biosystems LLC.
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How can I contact Applied Materials?

Applied Materials' mailing address is 3050 Bowers Avenue P.O. Box 58039, Santa Clara CA, 95052. The official website for the company is www.appliedmaterials.com. The manufacturing equipment provider can be reached via phone at (408) 727-5555, via email at investor_relations@amat.com, or via fax at 408-748-9943.

This page (NASDAQ:AMAT) was last updated on 2/3/2023 by MarketBeat.com Staff