
Applied Materials (AMAT) Stock Forecast & Price Target
Applied Materials (AMAT) Analyst Ratings
Bulls say
Applied Materials is positioned for significant revenue growth and enhanced profitability as it continues to capitalize on its leadership in the semiconductor wafer fabrication equipment market. With a broad portfolio and key partnerships with major chipmakers like TSMC, Intel, and Samsung, the company is well-situated to benefit from increasing investments in advanced packaging and leading-edge technology. Additionally, the strength of Applied Global Services, which constitutes approximately 23% of sales and boasts the largest installed tool base in the industry, is expected to drive stability and recurring revenue growth, reinforcing the positive outlook for Applied Materials amidst an anticipated cyclical recovery.
Bears say
Applied Materials has experienced a 27% decline in share price since July 2024, indicating investor concerns about its financial performance amidst a challenging market environment. Revenue and earnings growth have been muted, with low-single digit increases observed in a year when the broader semiconductor equipment industry faced declines, further compounded by expected reductions in capital expenditures from Chinese suppliers. Significant risks to Applied Materials' outlook include ongoing supply chain challenges, a potential downturn in global semiconductor demand, and recent export controls affecting operations, culminating in a substantial $549 million reduction in the company's order backlog.
This aggregate rating is based on analysts' research of Applied Materials and is not a guaranteed prediction by Public.com or investment advice.
Applied Materials (AMAT) Analyst Forecast & Price Prediction
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