Applied Materials - AMAT Stock Forecast, Price & News

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There are currently 8 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMAT shares.
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25 analysts have issued 1 year price targets for Applied Materials' shares. Their AMAT share price forecasts range from $95.00 to $205.00. On average, they expect the company's share price to reach $146.04 in the next year. This suggests a possible upside of 32.3% 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 stock has decreased by 29.9% and is now trading at $110.38.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
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Applied Materials will be holding an earnings conference call on Thursday, August 18th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Applied Materials, Inc. (NASDAQ:AMAT) issued its quarterly earnings data on Thursday, May, 19th. The manufacturing equipment provider reported $1.85 earnings per share for the quarter, missing analysts' consensus estimates of $1.89 by $0.04. The manufacturing equipment provider earned $6.25 billion during the quarter, compared to the consensus estimate of $6.35 billion. Applied Materials had a net margin of 27.20% and a trailing twelve-month return on equity of 57.17%. Applied Materials's quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.63 earnings per share.
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Applied Materials announced a quarterly dividend on Thursday, June 9th. Investors of record on Thursday, August 25th will be given a dividend of $0.26 per share on Thursday, September 15th. This represents a $1.04 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Wednesday, August 24th.
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 0.94%. 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 13.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMAT will have a dividend payout ratio of 12.46% 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 has approved a share buyback program on Friday, March 11th 2022, which allows the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 5.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

Applied Materials updated its third quarter 2022 earnings guidance on Thursday, June, 16th. The company provided earnings per share guidance of $1.59-$1.95 for the period, compared to the consensus EPS estimate of $2.04. The company issued revenue guidance of $5.85 billion-$6.65 billion, compared to the consensus revenue estimate of $6.73 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 FMR LLC (1.32%), Northern Trust Corp (1.20%), Deutsche Bank AG (0.75%), Pictet Asset Management SA (0.71%), Egerton Capital UK LLP (0.56%) and Massachusetts Financial Services Co. MA (0.54%). Insiders that own company stock include Alexander Karsner, Daniel Durn, Dennis D Powell, Gary E Dickerson, Gary E Dickerson, Ginetto Addiego, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest, Steve G Ghanayem, Teri A Little and Thomas J Iannotti.
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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 $110.38.

Applied Materials (NASDAQ:AMAT) has a market capitalization of $96.03 billion and generates $23.06 billion in revenue each year. The manufacturing equipment provider earns $5.89 billion in net income (profit) each year or $7.50 on an earnings per share basis.

The company employs 27,000 workers across the globe.

Applied Materials was founded in 1967.

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.