Applied Materials (AMAT) PT Raised to $170 at Susquehanna

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Applied Materials (AMAT) PT Raised to $170 at Stifel as Management Sees the Growth as Secular not Cyclical

May 21, 2021 7:07 AM EDT

Stifel analyst Patrick Ho raised the price target on Applied Materials (NASDAQ: AMAT) to $170.00 (from $160.00) after reporting another quarterly strong beat and raise. On the call, management described the growth as secular not cyclical implying a long tail beyond cycles we have... More

Applied Materials (AMAT) PT Raised to $160 at JPMorgan

May 21, 2021 6:59 AM EDT

JPMorgan raised its price target on Applied Materials (NASDAQ: AMAT) to $160.00 (from $146.00) while maintaining a Overweight rating.... More

Applied Materials (AMAT) Beats on Rising Cost of Capacity - Credit Suisse

May 21, 2021 6:47 AM EDT

Credit Suisse analyst John Pitzer reiterated an Outperform rating and $175.00 price target on Applied Materials (NASDAQ: AMAT) after the company reported F2Q and guided F3Q well above expectations as rising cost of capacity without 450 mm continues to drive structural WFE growth.... More

Applied Materials (AMAT) PT Raised to $158 at Mizuho Securities

May 21, 2021 6:33 AM EDT

Mizuho Securities analyst Vijay Rakesh raised the price target on Applied Materials (NASDAQ: AMAT) to $158.00 (from $155.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) PT Raised to $139 at Morgan Stanley

May 21, 2021 2:32 AM EDT

Morgan Stanley analyst Joseph Moore raised the price target on Applied Materials (NASDAQ: AMAT) to $139.00 (from $137.00) while maintaining a Equalweight rating.... More

Applied Materials (AMAT) Tops Q2 EPS by 12c, Q3 Guidance Beats

May 20, 2021 4:02 PM EDT

(Updated - May 20, 2021 4:03 PM EDT)

Applied Materials (NASDAQ: AMAT) reported Q2 EPS of $1.63, $0.12 better than the analyst estimate of $1.51. Revenue for the quarter came in at $5.58 billion versus the consensus estimate of $5.41 billion.

GUIDANCE:

Applied Materials sees Q3 2021 EPS of... More