Applied Materials - AMAT Stock Forecast, Price & News

26 Wall Street equities research 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 equities research analysts is that investors should "buy" AMAT shares.
View AMAT analyst ratings or view top-rated stocks.

26 Wall Street analysts have issued 1-year price targets for Applied Materials' stock. Their AMAT share price forecasts range from $88.00 to $135.00. On average, they anticipate the company's stock price to reach $117.64 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts price targets for AMAT or view top-rated stocks among Wall Street analysts.

Applied Materials' stock was trading at $97.38 at the start of the year. Since then, AMAT shares have increased by 15.5% and is now trading at $112.49.
View the best growth stocks for 2023 here.

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 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 period last year, the company posted $1.94 earnings per share.
Read the conference call transcript.

Applied Materials declared a quarterly dividend on Monday, December 12th. Investors of record on Thursday, February 23rd will be given a dividend of $0.26 per share on Thursday, March 16th. This represents a $1.04 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date is Wednesday, February 22nd.
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 0.90%. 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.

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

Applied Materials issued an update on its first quarter 2023 earnings guidance on Saturday, December, 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 retail and institutional investors. Top institutional investors include Cottage Street Advisors LLC (0.10%), Bank Julius Baer & Co. Ltd Zurich (0.10%), Assenagon Asset Management S.A. (0.10%), Close Asset Management Ltd (0.09%), Strs Ohio (0.08%) and Fifth Third Bancorp (0.05%). 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.

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.

One share of AMAT stock can currently be purchased for approximately $112.49.

Applied Materials (NASDAQ:AMAT) has a market capitalization of $94.96 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 33,000 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.