What Wall St. Knows About Applied Materials Today.

Shares of Applied Materials have moved -1.9% today, and are now trading at a price of $235.41. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 15,389,140 compared to the stock's average volume of 4,935,822.

Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. Based in Santa Clara, United States the company has 34,800 full time employees and a market cap of $194,913,599,488. Applied Materials currently offers its equity investors a dividend that yields 0.6% per year.

The company is now trading -2.28% away from its average analyst target price of $240.91 per share. The 29 analysts following the stock have set target prices ranging from $198.0 to $300.0, and on average give Applied Materials a rating of buy.

Over the last 52 weeks, AMAT stock has risen 68.4%, which amounts to a 42.2% difference compared to the S&P 500. The stock's 52 week high is $249.42 whereas its 52 week low is $129.21 per share. Based on Applied Materials's average net margin growth of 6.2% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 26,517,000 6,856,000 26 4.0
2022 25,785,000 6,525,000 25 -3.85
2021 23,063,000 5,888,000 26 23.81
2020 17,202,000 3,619,000 21 10.53
2019 14,608,000 2,706,000 19 5.56
2018 17,253,000 3,038,000 18
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.