Applied Materials (NASDAQ:AMAT) Stock Price Target Lowered at TD Cowen

Applied Materials (NASDAQ:AMAT) had its price target dropped by investment analysts at TD Cowen from $700.00 to $500.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the manufacturing equipment provider’s stock. TD Cowen‘s target price would suggest a potential upside of 37.17% from the company’s previous close.

AMAT has been the subject of a number of other research reports. HSBC decreased their target price on Applied Materials from $683.00 to $641.00 and set a “buy” rating for the company in a report on Friday, August 14th. Erste Group Bank lowered Applied Materials from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Bank of America reduced their price objective on shares of Applied Materials from $650.00 to $520.00 and set a “buy” rating on the stock in a research note on Friday. Morgan Stanley lowered their price target on Applied Materials from $563.00 to $538.00 and set an “equal weight” rating for the company in a report on Tuesday, November 3rd. Finally, Jefferies Financial Group lowered their price objective on shares of Applied Materials from $770.00 to $580.00 and set a “buy” rating for the company in a research report on Friday. Twenty-nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $604.09.

Applied Materials Trading Down 4.3%

Shares of Applied Materials stock opened at $364.50 on Friday. The firm has a market cap of $289.27 billion, a PE ratio of 31.98, a P/E/G ratio of 0.77 and a beta of 1.67. The business’s fifty day moving average is $439.22 and its two-hundred day moving average is $445.83. Applied Materials has a fifty-two week low of $203.40 and a fifty-two week high of $739.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, November 12th. The manufacturing equipment provider reported $4.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.06 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm had revenue of $10.41 billion for the quarter, compared to analyst estimates of $10.30 billion. During the same period last year, the company earned $2.17 EPS. Applied Materials has set its Q1 2027 guidance at 4.150-4.550 EPS. Analysts anticipate that Applied Materials will post 12.79 earnings per share for the current year.

Insider Transactions at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the sale, the chief accounting officer owned 3,181 shares of the company’s stock, valued at $1,732,245.36. The trade was a 18.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Judy Bruner sold 1,000 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total value of $465,000.00. Following the transaction, the director owned 25,544 shares of the company’s stock, valued at $11,877,960. This trade represents a 3.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 9,225 shares of company stock worth $4,454,181. Company insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AMAT. Harborfront Financial Group LLC acquired a new stake in Applied Materials in the second quarter worth about $27,000. Orion Capital Management LLC acquired a new position in shares of Applied Materials during the second quarter valued at approximately $33,000. Highland Investment Advisors LLC bought a new stake in Applied Materials during the second quarter worth approximately $33,000. BOK Financial Private Wealth Inc. acquired a new stake in Applied Materials in the second quarter worth approximately $41,000. Finally, Curry Webb Wealth Management LLC bought a new position in Applied Materials during the 3rd quarter valued at $30,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Latest Applied Materials News

Investors following AMAT have been watching these news items:

• Positive Sentiment: Management said chip demand remains well above supply, with customers seeking earlier equipment deliveries. Strong AI, memory and advanced-packaging demand supports the growth outlook, though component and clean-room capacity limit how quickly Applied can ship. Applied Materials Says Chip Demand Remains Much Higher Than Supply
• Neutral Sentiment: Applied expects shipments to China to account for less than a quarter of its business in 2027. That would reduce reliance on a market exposed to export restrictions, but China remains a concern for investors. Applied Materials stock information
• Negative Sentiment: Several analysts cut price targets, including Bank of America ($650 to $520) and Needham ($580 to $470), although both maintained Buy ratings. Summit Insights also downgraded AMAT from Buy to Hold. These moves may signal reduced expectations and add pressure after the earnings announcement. Bank of America analyst rating

About Applied Materials

Applied Materials, Inc. develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products. The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.