108 stories mentioning Applied MaterialsUpdated 17d ago
Every FINWIRES story that references Applied Materials, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Applied Materials (AMAT) has an average rating of Buy and mean price target of $526.49, according to analysts polled by FactSet.Price: $515.00, Change: $+15.79, Percent Change: +3.16%
Applied Materials Keeps Quarterly Dividend at $0.53 a Share; Payable Sept. 10 to Shareholders of Record on Aug. 20
Brice Hill, Senior Vice President, CFO, on June 03, 2026, sold 2,500 shares in Applied Materials (AMAT) for $1,247,154. Following the Form 4 filing with the SEC, Hill has control over a total of 136,113 common shares of the company, with 136,113 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/6951/000162828026041310/xslF345X05/wk-form4_1780693363.xml
Prabu G. Raja, President, Semiconductor Products Group, on June 04, 2026, sold 50,000 shares in Applied Materials (AMAT) for $25,264,197. Following the Form 4 filing with the SEC, Raja has control over a total of 457,305 common shares of the company, with 100,663 shares held directly and 356,642 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/6951/000162828026041314/xslF345X05/wk-form4_1780693451.xml
Judy Bruner, Director, on May 26, 2026, sold 1,128 shares in Applied Materials (AMAT) for $507,600. Following the Form 4 filing with the SEC, Bruner has control over a total of 27,285 common shares of the company, with 741 shares held directly and 26,544 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/6951/000162828026038923/xslF345X05/wk-form4_1780004871.xml
Applied Materials (AMAT) shares were down 6.1% in afternoon trading on Monday after Morgan Stanley downgraded the company's stock to equal-weight from overweight.Trading volume stood at more than 4.7 million shares against a daily average of around 6.8 million.Price: $409.98, Change: $-26.64, Percent Change: -6.10%
Applied Materials (AMAT) has an average rating of buy and mean price target of $514.34, according to analysts polled by FactSet.Price: $419.91, Change: $-16.71, Percent Change: -3.83%
Applied Materials (AMAT) has an average rating of buy and mean price target of $514.34, according to analysts polled by FactSet.
Applied Materials (AMAT) has "unprecedented" visibility into 2027 and 2028 as customers provide rolling eight-quarter forecasts and margins show structural improvement, BofA Securities said in a note Thursday.Full-year 2026 systems sales are now expected to grow 30% year over year, up from a prior forecast of 20%, driven by advanced logic chips, DRAM memory and advanced packaging demand, the brokerage said.The company's margin/free cash flow profile is improving, with semiconductor systems gross margins approaching 55% and operating margins trending toward levels seen at peers, according to the note.The brokerage also highlighted strong growth prospects for advanced packaging and services businesses, while warning that mature-node exposure and higher operating expense intensity could weigh on growth.The brokerage raised its 2026 and 2027 earnings per share estimates by 14% and 18%, respectively, and increased its price target to $540 from $465, while reiterating a buy rating.Price: $436.59, Change: $-3.97, Percent Change: -0.90%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our price target by $72 to $533, 32x our FY 27 (Oct.) EPS view, near peers and above AMAT's three-year average (~20x) as AI tailwinds structurally improve demand growth and visibility. We raise our FY 26 EPS view by $0.96 to $12.10, lift FY 27 by $2.25 to $16.65, and initiate FY 28 at $21.95. Q2 earnings brought a significantly improved outlook, with AMAT now expecting 30%+ Semi Segment revenue growth in CY 26 (a confident step-up from last quarter's projection of 20%+ for the year) along with a normalized mid-teens growth rate for AGS (up from a low-teens view), all supported by incremental demand improvement in Q2 from already impressive levels. Customers are reportedly adding new cleanroom space at a faster-than-expected pace (and widely providing 8-quarter demand forecasts), while AMAT's supply chain is not expected to be a constraint this year, which is not the case for all WFE peers. China sales (27% of total, -300 bps Q/Q) look to have stabilized, providing less of a headwind to overall growth.
All three major US stock indexes were down while US Treasury yields were up in late-morning trading Friday, as investors consider developments from President Donald Trump's summit with Chinese President Xi Jinping.In company news, major semiconductor shares were down after the US-China summit failed to produce any major semiconductor agreements, Yahoo Finance reported. President Trump said China has not approved purchases of Nvidia's (NVDA) H200 AI microchips yet because "they want to develop their own," Bloomberg reported Friday. Nvidia shares were over 3% lower, and Advanced Micro Devices (AMD), Intel (INTC) and ASML (ASML) shares were down 3.3%, 6.3% and 4.6%, respectively.Bill Ackman said Friday on X that his hedge fund, Pershing Square, has made a significant investment in Microsoft (MSFT). Microsoft shares were up 3.5%.Applied Materials (AMAT) reported fiscal Q2 adjusted earnings late Thursday of $2.86 per diluted share, up from $2.39 a year ago, and above the FactSet consensus estimate of $2.68. Revenue was $7.91 billion, up from $7.10 billion a year ago, and above the FactSet consensus of $7.68 billion. For fiscal Q3, the company said it expects adjusted EPS of $3.16 to $3.56 on revenue of $8.45 billion to $9.45 billion. Analysts expect $2.89 and $8.14 billion, respectively. The firm expects its semiconductor equipment business to grow more than 30% in 2026, up from its previous guidance of over 20%, according to the transcript of the company's earnings call. Applied Materials shares were little changed.Shares of Cerebras Systems (CBRS) were down 4% Friday after rising over 98% in the previous day following its Nasdaq debut.Blackstone (BX) and CD&R are in the preliminary stages of exploring offers to acquire Magnum Ice Cream (MICC), Reuters reported Friday, citing sources familiar with the matter. Blackstone shares were down 3.0%, while Magnum was up 9%.Price: $227.99, Change: $-7.75, Percent Change: -3.29%
Applied Materials (AMAT) appears well-positioned given its leading position in DRAM and advanced logic, as well as exposure to new technologies such as gate-all-around, backside power delivery and 4F2, RBC Capital Markets said.Fiscal Q3 guidance for revenue and earnings per share of $8.95 billion and $3.36 at the midpoint was well ahead of consensus and RBC estimates, with visibility extending to eight quarters and commentary pointing to 2027 being another strong growth year, according to the note Thursday.RBC lifted its fiscal 2026 EPS estimate to $12.15 from $10.99 and its fiscal 2027 estimate to $15.77 from $13.58.Applied Materials has a strong position in advanced logic and advanced packaging and also benefits from generative AI demand. The transition to GAA has been a core driver, and RBC expects Taiwan Semiconductor's (TSM) adoption of backside power to be a tailwind in the second half of 2026.Management also lifted its longer-term Services growth forecast to mid-teens from low-teens due to the growing installed base and customer adoption of AI-enabled optimization solutions, the brokerage said.RBC maintained an outperform rating on Applied Materials and raised the price target to $520 from $500.Price: $433.00, Change: $-7.56, Percent Change: -1.72%
(Updated to include BofA's commentary)BofA Securities raised its price target on Applied Materials (AMAT) to $540 from $465 following its fiscal Q2 results.The brokerage highlighted the solid beat, with the demand broadening across the company's most strategic markets, and management's unprecedented visibility into 2027/28, with customers providing rolling eight-quarter forecasts.It also mentioned the company's improving margin/FCF profile, with Semi Systems gross margin already approaching 55% and overall gross margin crossing 50%.Applied Materials has an average rating of Buy and mean price target of $512.07, according to analysts polled by FactSet.Price: $434.21, Change: $-6.35, Percent Change: -1.44%
Applied Materials (AMAT) is expected to outperform the wafer fab equipment industry by more than 10 percentage points as it benefits from leading-edge logic strength and unprecedented DRAM demand, Morgan Stanley said Friday in a note.The company noted that the 2027 WFE spending mix should continue to work in its favor, as leading-edge foundry/logic, DRAM, and advanced packaging are expected to account for over 80% of WFE spending growth, according to the firm. However, Morgan Stanley said it remains cautious on the company's position and models its 2027 systems shipments in-line with WFE growth at 28% versus 27%.Despite management's conviction in its Process Control business, the brokerage is "not yet ready to give the company the benefit of the doubt and will be looking to be proven wrong," according to the note.The brokerage raised its 2026 EPS and revenue forecast to $13.74 and $36.4 billion from $12.63 and $34.7 billion, respectively. It also lifted 2027 estimates to $17.94 and $45.3 billion from $16.21 and $42.4 billion previously.Morgan Stanley kept an overweight rating on Applied Materials and raised the price target to $502 from $455.Price: $433.45, Change: $-7.11, Percent Change: -1.61%
Applied Materials (AMAT) expects its semiconductor equipment business to grow more than 30% in 2026, up from its previous guidance of more than 20%, according to a Thursday transcript of the company's fiscal Q2 earnings call."As customers find new ways to reallocate or create space, we are seeing incremental requests for equipment deliveries in 2026," Chief Executive Officer Gary Dickerson said.Dickerson said that Applied Materials' largest customers are providing rolling eight-quarter forecasts, allowing the company to prepare the required manufacturing capacity."With this improved visibility, we see continued growth across this extended planning horizon, into 2027 and beyond, and we are investing to support our customers' expansion plans," he added.Price: $431.55, Change: $-9.01, Percent Change: -2.05%
Applied Materials (AMAT) has an average rating of Buy and mean price target of $512.07, according to analysts polled by FactSet.Price: $430.32, Change: $-10.25, Percent Change: -2.33%
Applied Materials (AMAT) has an average rating of buy and mean price target of $504.16, according to analysts polled by FactSet.Price: $429.54, Change: $-11.02, Percent Change: -2.50%
US equity futures were falling pre-bell Friday as traders noted that the summit between President Donald Trump and Chinese President Xi Jinping ended with no significant policy developments.Dow Jones Industrial Average futures were 0.9% lower, S&P 500 futures were down 1.2%, and Nasdaq futures were 1.7% lower.The two world leaders agreed that the Strait of Hormuz should remain open, according to a US readout from a White House official. Trump said that China agreed to 200 planes from Boeing (BA), with the promise to buy 750 "if they do a good job with the 200." Details of the agreement were not immediately available, including when and which type of jets would be delivered, but the initial figure was smaller than 500-plane package expected by investors.Traders also digested the latest round of earnings, with Applied Materials (AMAT) posting higher fiscal Q2 earnings and revenue late Thursday.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 2.5% at $108.34 per barrel and US West Texas Intermediate crude 3.2% higher at $104.43 per barrel.The New York Federal Reserve's Empire State manufacturing index rose to 19.6 in May from 11.0 in April, compared with expectations of a decrease to a reading of 7.2 in a survey compiled by Bloomberg.The April industrial production report, due at 9:15 am ET, is forecast to show a 0.3% increase following a 0.5% decline in the prior month.In other world markets, Japan's Nikkei closed 2% lower, Hong Kong's Hang Seng ended 1.6% lower, and China's Shanghai Composite finished 1% lower. Meanwhile, the UK's FTSE 100 was down 2%, and Germany's DAX index was 2% lower in Europe's early afternoon session.In equities, Nvidia (NVDA), Micron Technology (MU), and Taiwan Semiconductor Manufacturing (TSM) were part of broader technology stock sell-offs as traders took profits after the group saw sharp gains of late. Nvidia shares were 3% lower, Micron stock was down 4.2%, and Taiwan Semiconductor shares fell 3%.On the winning side, Toyota Motor (TM) shares were up 1.7% after the company sought approval to build a new vehicle assembly line at its manufacturing plant in Texas as part of a $2 billion expansion, according to a Reuters report citing a filing. Figma (FIG) stock was up 7.2% after the company posted higher Q1 adjusted earnings and revenue that beat analysts' estimates. Magnum Ice Cream (MICC) shares rose over 11% after Reuters reported that Blackstone (BX) and Clayton, Dubilier & Rice are in the early stages of considering bids to acquire the company.
US equity futures were lower pre-bell Friday as traders noted that the summit between President Donald Trump and Chinese President Xi Jinping ended with no significant policy developments.Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures were down 1%, and Nasdaq futures were 1.4% lower.The two world leaders agreed that the Strait of Hormuz should remain open, according to a US readout from a White House official. Trump said that China agreed to 200 planes from Boeing (BA), with the promise to buy 750 "if they do a good job with the 200." Details of the agreement were not immediately available, including when and which type of jets would be delivered, but the initial figure was smaller than 500-plane package expected by investors.Traders also digested the latest round of earnings, with Applied Materials (AMAT) posting higher fiscal Q2 earnings and revenue late Thursday.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 2.4% at $108.28 per barrel and US West Texas Intermediate crude 3% higher at $104.18 per barrel.The May Empire State manufacturing index, scheduled for release at 8:30 am ET, is seen coming in at 7.2 versus 11 previously, according to estimates compiled by Bloomberg.The April industrial production report, due at 9:15 am ET, is forecast to show a 0.3% increase following a 0.5% decline in the prior month.
The benchmark US stock measures were tracking in the red before the open Friday as traders evaluate the outcomes of President Donald Trump's high-stakes meeting with his Chinese counterpart, Xi Jinping.The S&P 500 declined 1.2%, the Dow Jones Industrial Average decreased 0.8% and the Nasdaq dropped 1.7% in premarket activity. The indexes finished the previous trading session up, with the S&P 500 and Nasdaq logging record closing highs for the second straight day.Trump reportedly concluded his two-day visit to Beijing on Friday after holding policy discussions with Xi on trade, tariffs and technology, among other matters. In a pre-recorded interview with Fox News, Trump said China has agreed to purchase oil from the US, CNBC reported."They've agreed they want to buy oil from the US," Trump reportedly said. "They're going to go to Texas, we're going to start sending Chinese ships to Texas and to Louisiana and to Alaska."China hasn't confirmed the energy purchases, according to the CNBC report.West Texas Intermediate crude oil climbed 3.4% to $104.56 a barrel before the opening bell, while Brent was up 2.7% to $108.61.Trump said he and Xi agreed during their meeting that Iran shouldn't have a nuclear weapon and that the crucial Strait of Hormuz should reopen, Bloomberg News reported. The Trump administration has reportedly signaled its interest in getting China's help to push Iran into talks to end the conflict in the Middle East, but Beijing remains cautious."The market could be pinning too much hope on the US-China talks yielding some positive results on Iran," ING Bank said in a note on Thursday. "Some hope that China could exert pressure on Iran to reach a deal with the US, to end the war and lead to a resumption of energy flows through the Strait of Hormuz."Treasury yields were trending higher in premarket action, with the two-year rate increasing 6.2 basis points to 4.05% and the 10-year rate adding 8.1 basis points to 4.54%.Friday's economic calendar has the Empire State manufacturing index for May at 8:30 am ET, followed by the industrial production report for April at 9:15 am. The weekly Baker Hughes oil-and-gas rig count is out at 1 pm.US retail sales in April rose for the third straight month, with analysts saying the increase largely reflected higher prices as the war in Iran kept fuel costs elevated.Inflation has become the "most pressing risk" to the US economy, Kansas City Fed President Jeff Schmid said Thursday."While inflation has moderated significantly from its peak, in my discussions with business leaders across the Tenth District, it is clear that it is still too high," Schmid said in prepared remarks for a conference.Applied Materials (AMAT) shares fell 3.2% pre-bell, even though the semiconductor equipment maker reported better-than-expected fiscal second-quarter results.Gold slipped 2.8% to $4,556 per troy ounce, while bitcoin moved down 0.9% to $80,741.
Showing 61-80 of 108
