Applied Materials - AMAT Stock Forecast, Price & News

27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There are currently 8 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMAT shares.
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27 equities research analysts have issued 12-month price objectives for Applied Materials' shares. Their AMAT share price forecasts range from $80.00 to $197.00. On average, they predict the company's share price to reach $121.52 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
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Applied Materials' stock was trading at $157.36 on January 1st, 2022. Since then, AMAT shares have decreased by 32.0% and is now trading at $107.01.
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Applied Materials saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 17,070,000 shares, an increase of 15.7% from the October 31st total of 14,760,000 shares. Based on an average trading volume of 8,590,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.0% of the shares of the stock are sold short.
View Applied Materials' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our AMAT earnings forecast.

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings results on Thursday, November, 17th. The manufacturing equipment provider reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.30. The manufacturing equipment provider had revenue of $6.75 billion for the quarter, compared to analysts' expectations of $6.44 billion. Applied Materials had a net margin of 25.31% and a trailing twelve-month return on equity of 56.62%. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.94 EPS.
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Applied Materials declared a quarterly dividend on Thursday, September 8th. Shareholders of record on Friday, November 25th will be given a dividend of $0.26 per share on Thursday, December 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Wednesday, November 23rd.
Read our dividend analysis for AMAT.

Applied Materials (NASDAQ:AMAT) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.95%. 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 15.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMAT.

Applied Materials declared that its Board of Directors has authorized a stock repurchase program on Friday, March 11th 2022, which authorizes the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 5.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

Applied Materials issued an update on its first quarter 2023 earnings guidance on Thursday, November, 17th. The company provided earnings per share guidance of $1.75-$2.11 for the period, compared to the consensus earnings per share 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.

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.

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).

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

Applied Materials' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.48%), BlackRock Inc. (8.07%), State Street Corp (4.46%), Bank of New York Mellon Corp (1.42%), Nuveen Asset Management LLC (1.08%) and Price T Rowe Associates Inc. MD (0.93%). 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 and Timothy M Deane.
View institutional ownership trends.

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.
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One share of AMAT stock can currently be purchased for approximately $107.01.

Applied Materials (NASDAQ:AMAT) has a market capitalization of $92.06 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.

The company employs 27,000 workers across the globe.

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.