Applied Materials Inc [NASDAQ: AMAT] stock went on a downward path that fall over -1.26% on Wednesday, amounting to a one-week price increase of more than 0.12%.
Over the last 12 months, AMAT stock dropped by -2.66%. The one-year Applied Materials Inc stock forecast points to a potential upside of 14.48. The average equity rating for AMAT stock is currently 1.74, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $147.01 billion, with 818.00 million shares outstanding and 809.48 million shares in the current float. Compared to the average trading volume of 6.78M shares, AMAT stock reached a trading volume of 5006381 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Applied Materials Inc [AMAT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMAT shares is $211.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMAT stock is a recommendation set at 1.74. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for Applied Materials Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, Cleveland Research raised their target price to Neutral. The new note on the price target was released on December 17, 2024, representing the official price target for Applied Materials Inc stock. Previously, the target price had yet another drop from $179 to $164, while Morgan Stanley kept a Underweight rating on AMAT stock. On November 15, 2024, analysts decreased their price target for AMAT shares from 250 to 230.
The Average True Range (ATR) for Applied Materials Inc is set at 5.67, with the Price to Sales ratio for AMAT stock in the period of the last 12 months amounting to 5.41. The Price to Book ratio for the last quarter was 7.79, with the Price to Cash per share for the same quarter was set at 11.65. Price to Free Cash Flow for AMAT in the course of the last twelve months was 19.64 with Quick ratio for the last quarter at 1.87.
AMAT Stock Performance Analysis:
Applied Materials Inc [AMAT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.12. With this latest performance, AMAT shares gained by 5.87% in over the last four-week period, additionally sinking by -6.32% over the last 6 months – not to mention a drop of -2.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMAT stock in for the last two-week period is set at 51.64, with the RSI for the last a single of trading hit 50.44, and the three-weeks RSI is set at 51.63 for Applied Materials Inc [AMAT]. The present Moving Average for the last 50 days of trading for this stock 175.64, while it was recorded at 182.11 for the last single week of trading, and 197.15 for the last 200 days.
Insight into Applied Materials Inc Fundamentals:
Applied Materials Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.87 and a Current Ratio set at 2.51.
AMAT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMAT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Applied Materials Inc go to 8.22%.
Applied Materials Inc [AMAT] Institutonal Ownership Details
The top three institutional holders of AMAT stocks are: BLACKROCK INC. with ownership of 79.11 million shares, which is approximately 9.5314%. VANGUARD GROUP INC, holding 76.12 million shares of the stock with an approximate value of $$17.96 billion in AMAT stocks shares; and VANGUARD GROUP INC, currently with $$9.0 billion in AMAT stock with ownership which is approximately 4.5946%.
