Applied Materials, Inc.’s Stock Price Drops to $172.03, Down by 5.04% – A Crucial Market Update

Applied Materials, Inc. (AMAT)

172.03 USD -9.13 (-5.04%) Volume: 8.59M

Applied Materials, Inc.’s stock price stands at 172.03 USD, experiencing a dip of -5.04% in the latest trading session with a trading volume of 8.59M. Despite the recent decline, AMAT’s shares have shown resilience with a year-to-date percentage increase of +6.15%, demonstrating its potential as a solid choice for investors looking for steady growth in the tech sector.

Latest developments on Applied Materials, Inc.

Applied Materials, Inc. (AMAT) has been in the spotlight recently as shareholders anticipate a repeat of the company’s recent growth in returns. Despite the latest US crackdown on China chip exports, the company’s outlook remains unchanged. This news comes after top analysts have made calls on American Eagle, Applied Materials, and HPE. However, Applied Materials stock experienced a slide following a downgrade from Morgan Stanley, who sees 2025 as a ‘transition’ year for the company. Despite this, Quantinno Capital Management LP has shown confidence in Applied Materials with a $15.22 million stake. U.S. restrictions have failed to dent the company’s outlook, as evidenced by Hilltop Holdings Inc. and Morse Asset Management Inc. maintaining stakes in the company. Overall, Applied Materials continues to hold steady amidst market fluctuations.

Applied Materials, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research and Nicolas Baratte, have been covering Applied Materials Inc. closely. Baptista Research highlighted the company’s record revenue and earnings in its recent financial results, showcasing a strong investment thesis. They emphasized the company’s strategic execution and global team’s efforts driving its growth. On the other hand, Nicolas Baratte pointed out that Applied Materials is reasonably valued with modest expectations, making it more attractive than its competitor ASML. Baratte mentioned the company’s focus on advanced logic, packaging, and energy-efficient computing driving materials innovation. Despite potential risks like a slowdown in China’s capex, analysts see upside potential for Applied Materials.

A look at Applied Materials, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Applied Materials has a positive long-term outlook. The company scores well in Growth and Resilience, indicating strong potential for expansion and the ability to withstand market challenges. This suggests that Applied Materials is well-positioned to capitalize on opportunities for growth in the semiconductor industry.

Although Applied Materials scores lower in Value and Momentum, the company’s overall outlook remains favorable. With a solid score in Dividend, investors can expect a steady income stream from the company. Applied Materials‘ focus on developing, manufacturing, and servicing semiconductor wafer fabrication equipment positions it as a key player in the global semiconductor industry, catering to a diverse range of electronic device manufacturers.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma