Applied Materials (AMAT) closed at $183.24 in the latest trading session, marking a -0.73% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.02%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%.Coming into today, shares of the maker of chipmaking equipment had lost 0.83% in the past month. In that same time, the Computer and Technology sector gained 4.44%, while the S&P 500 gained 3.77%.Investors will be eagerly watching for the perfo ...

Applied Materials, Inc. (AMAT) is currently trading at an attractive price-to-earnings (P/E) multiple of 19.29X, which is lower than both the Zacks Semiconductor Equipment - Wafer Fabrication industry average of 21.22X and the S&P 500 average of 22.2X. This discounted valuation has caught the attention of investors, raising the question: Is now the right time to buy or hold the stock? Image Source: Zacks Investment Research Applied Materials' Technological Leadership Applied Materials has had a decent year- ...

GERMANY - 2024/04/03: In this photo illustration, an Applied Materials, Inc logo seen displayed on a ... [+] tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Could Applied Materials stock reach $350 in the next few years? We think there is a real possibility. Consider this, less than two years ago, at the end of October 2022, Applied Materials stock was trading at around $80 levels. Since then, the stock has grown to a little ov ...

In this article, we will take a look into Applied Materials Inc's (AMAT, Financial) DCF analysis, a reliable and data-driven approach to estimating its intrinsic value. Instead of using future free cash flow as in the traditional DCF model, the GuruFocus DCF calculator uses EPS without NRI as the default for the DCF model based on research that shows that historically stock prices have been more correlated with earnings than free cash flow. As of 2024-10-09, Applied Materials Inc's intrinsic value as calcul ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Applied Materials (AMAT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Applied Materials currently has an average brokerage r ...

Industry Overview - The wafer fab equipment (WFE) industry is expected to experience solid growth driven by strong semiconductor demand and existing capacity levels [1][7] - Key drivers include the adoption of AI, IoT, EVs, and renewable energy, supported by government regulations and funding globally [1][4] - The industry is characterized by long sales cycles and contracts, providing relative stability amid economic uncertainty [12][14] Demand and Capacity - Semiconductor demand is anticipated to remain robust, particularly due to AI-driven workloads, which will increase demand for servers and semiconductors [2][7] - The equipment industry is projected to grow by 3.4% in 2023, with sales expected to strengthen by 17% in 2024 [2][3] - China, Taiwan, and Korea are expected to be the top destinations for WFE through 2025, with China projected to spend a record $35 billion in 2024 [3][8] Technology Transitions - Significant technology transitions, such as the shift to larger wafer sizes and advanced memory technologies like HBM, are driving equipment purchases [5][6] - HBM is expected to improve energy efficiency by 30% and is projected to grow from 8.4% of DRAM revenue in 2023 to 20.1% by the end of 2024 [5][6] - The integration of memory with compute is expected to stabilize demand over the next decade [7] Geopolitical Factors - Export regulations and geopolitical tensions, particularly between the U.S. and China, pose challenges for the industry [8][9] - Despite these challenges, the demand for semiconductor equipment is expected to remain strong due to strategic investments in capacity by various countries [8][9] Company Performance - Applied Materials (AMAT) is well-positioned due to its deep customer relationships and broad product offerings, with expectations of significant growth in its HBM business [15][16][18] - ASML Holding N.V. (ASML) anticipates continued momentum driven by AI and energy transition, with a strong order book supporting growth [19][20][21] - Lam Research Corp. (LRCX) is diversifying its focus and expects substantial increases in WFE spending, particularly in advanced compute and memory segments [22][23][24] Financial Outlook - The Zacks Semiconductor Equipment - Wafer Fabrication Industry has a strong growth outlook, with a Zacks Industry Rank of 16, placing it in the top 6% of classified industries [10][11] - The industry's aggregate earnings estimate for 2024 shows a steady increase of 4.6% over the past year, with a projected 14.8% increase for 2025 [11] - Stocks in this industry have collectively gained 41.2% over the past year, outperforming the broader market indices [12]

GERMANY - 2024/04/03: In this photo illustration, an Applied Materials, Inc logo seen displayed on a ... [+] tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesApplied Materials stock gained almost 10% over the past month and remains up by about 30% year-to-date. In comparison, Applied’s semiconductor industry peer Texas Instruments stock has gained about 22% this year. Here’s a closer look at some trends driving Applied Materials’ ...

Shares of Applied Materials Inc (AMAT, Financial) surged 3.44% in mid-day trading on Oct 2. The stock reached an intraday high of $204.50, before settling at $203.98, up from its previous close of $197.19. This places AMAT 20.29% below its 52-week high of $255.89 and 57.86% above its 52-week low of $129.21. Trading volume was 1,714,965 shares, 24.6% of the average daily volume of 6,964,893.Wall Street Analysts ForecastBased on the one-year price targets offered by 29 analysts, the average target price for A ...

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Applied Materials’ (AMAT) shares have rallied 46.9% in the past year, outperforming the Zacks Semiconductor Equipment-Wafer Fabrication industry’s return of 42.9%, the broader technology sector’s rise of 40.3% and the S&P 500 index’s growth of 33.7%.The company is gaining from tectonics shifts in technology, including Artificial Intelligence (AI), Generative AI, the Internet of Things (IoT), autonomous and electric vehicles, and clean energy, which have been shaping the growth trajectory of the semiconducto ...