Applied Materials’ (AMAT) Buy Rating Reaffirmed at B. Riley

Applied Materials (NASDAQ:AMAT)‘s stock had its “buy” rating restated by investment analysts at B. Riley in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $270.00 price target on the manufacturing equipment provider’s stock, up from their prior price target of $265.00. B. Riley’s price objective points to a potential upside of 22.66% from the stock’s previous close. B. Riley also issued estimates for Applied Materials’ Q1 2027 earnings at $2.34 EPS, Q2 2027 earnings at $2.42 EPS, Q3 2027 earnings at $2.55 EPS and Q4 2027 earnings at $2.68 EPS.

Several other equities research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, August 15th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $300.00 price objective on shares of Applied Materials in a research report on Friday. Mizuho lowered their price objective on Applied Materials from $215.00 to $205.00 and set a “neutral” rating for the company in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Applied Materials in a research note on Wednesday, October 8th. Finally, Daiwa Capital Markets reaffirmed a “neutral” rating and issued a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and an average price target of $219.48.

Applied Materials Price Performance

Shares of Applied Materials stock traded down $3.11 during trading on Friday, hitting $220.12. The stock had a trading volume of 2,304,705 shares, compared to its average volume of 7,581,138. Applied Materials has a 12 month low of $123.74 and a 12 month high of $242.50. The firm has a market cap of $175.35 billion, a price-to-earnings ratio of 26.04, a P/E/G ratio of 2.95 and a beta of 1.84. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The business’s 50-day moving average is $211.01 and its 200 day moving average is $186.28.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The firm had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.68 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, sell-side analysts anticipate that Applied Materials will post 9.38 earnings per share for the current year.

Institutional Investors Weigh In On Applied Materials

A number of large investors have recently made changes to their positions in AMAT. Sagespring Wealth Partners LLC boosted its stake in Applied Materials by 0.5% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider’s stock worth $1,707,000 after purchasing an additional 43 shares during the period. REAP Financial Group LLC lifted its holdings in Applied Materials by 7.0% during the 3rd quarter. REAP Financial Group LLC now owns 657 shares of the manufacturing equipment provider’s stock valued at $135,000 after buying an additional 43 shares in the last quarter. Sunflower Bank N.A. grew its stake in Applied Materials by 1.4% in the third quarter. Sunflower Bank N.A. now owns 3,287 shares of the manufacturing equipment provider’s stock worth $673,000 after purchasing an additional 46 shares in the last quarter. Outlook Wealth Advisors LLC lifted its holdings in Applied Materials by 4.0% during the third quarter. Outlook Wealth Advisors LLC now owns 1,233 shares of the manufacturing equipment provider’s stock worth $252,000 after buying an additional 47 shares during the period. Finally, Welch Group LLC lifted its position in Applied Materials by 3.0% during the third quarter. Welch Group LLC now owns 1,741 shares of the manufacturing equipment provider’s stock valued at $356,000 after acquiring an additional 50 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.