Applied Materials Announces First Quarter 2021 Results

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Applied Materials (AMAT) PT Raised to $130 at Mizuho Securities

February 19, 2021 5:59 AM EST

Mizuho Securities analyst Vijay Rakesh raised the price target on Applied Materials (NASDAQ: AMAT) to $130.00 (from $96.00) while maintaining a Buy rating.

The analyst comments "AMAT reported a solid JanQ, with Rev/EPS of $5.2B/$1.39, above consensus of $5.0B/$1.28, and guided to a strong AprQ... More

Applied Materials (AMAT) Tops Q1 EPS by 11c, Q2 Guidance Beats

February 18, 2021 4:03 PM EST

Applied Materials (NASDAQ: AMAT) reported Q1 EPS of $1.39, $0.11 better than the analyst estimate of $1.28. Revenue for the quarter came in at $5.16 billion versus the consensus estimate of $4.97 billion.

GUIDANCE:

Applied Materials sees Q2 2021 EPS of $1.44-$1.56, versus the consensus of $1.28.... More