Applied Materials - AMAT Stock Forecast, Price & News

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There are currently 7 hold ratings and 17 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.

24 brokerages have issued 12-month target prices for Applied Materials' stock. Their AMAT share price forecasts range from $85.00 to $205.00. On average, they predict the company's share price to reach $141.48 in the next year. This suggests a possible upside of 60.2% 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 $157.36 on January 1st, 2022. Since then, AMAT shares have decreased by 43.9% and is now trading at $88.33.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
View our AMAT earnings forecast.

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings data on Thursday, August, 18th. The manufacturing equipment provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.16. The manufacturing equipment provider earned $6.52 billion during the quarter, compared to the consensus estimate of $6.27 billion. Applied Materials had a net margin of 26.42% and a trailing twelve-month return on equity of 56.68%. The company's quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.90 EPS.
Read the conference call transcript.

Applied Materials declared a quarterly dividend on Thursday, September 8th. Stockholders 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 annualized dividend and a yield of 1.18%. The ex-dividend date 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 1.21%. 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 13.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMAT will have a dividend payout ratio of 13.25% 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 share buyback program on Friday, March 11th 2022, which allows the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 5.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

Applied Materials issued an update on its fourth quarter 2022 earnings guidance on Thursday, September, 15th. The company provided EPS guidance of $1.82-$2.18 for the period, compared to the consensus estimate of $1.94. The company issued revenue guidance of $6.25 billion-$7.05 billion, compared to the consensus revenue estimate of $6.57 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 many different institutional and retail investors. Top institutional shareholders include Red Spruce Capital LLC (0.00%), First Hawaiian Bank (0.00%), Symmetry Partners LLC (0.00%), Csenge Advisory Group (0.00%), Burns J W & Co. Inc. NY (0.00%) and Moody National Bank Trust Division (0.00%). 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.
Compare Top Brokerages Here.

One share of AMAT stock can currently be purchased for approximately $88.33.

Applied Materials (NASDAQ:AMAT) has a market capitalization of $75.99 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 $7.48 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.