Applied Materials Announces Fourth Quarter and Fiscal Year 2021 Results

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Applied Materials (AMAT) PT Raised to $190 at Cowen

November 19, 2021 7:52 AM EST

Cowen analyst Krish Sankar raised the price target on Applied Materials (NASDAQ: AMAT) to $190.00 (from $175.00) while maintaining an Outperform rating.

The analyst commented, "Surprisingly soft results and guide below consensus. Nevertheless the demand is not perishable and should help the relative growth... More

Applied Materials (AMAT) PT Raised to $166 at Needham & Company

November 19, 2021 7:15 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Applied Materials (NASDAQ: AMAT) to $166.00 (from $153.00) while maintaining a Buy rating.

The analyst commented, "AMAT's F4Q21 earnings results came in below consensus on both the top and bottom line. Supply... More

Applied Materials (AMAT) Stock Dropped 4% on Q4 Miss, Weaker Guidance

November 18, 2021 6:00 PM EST

Applied Materials (NASDAQ: AMAT) shares dropped more than 4% after-hours, following the companys reported Q4 results, with EPS coming in at $1.94, slightly missing the consensus estimate of $1.95. Quarterly revenue grew 31% to $6.12 billion, missing the consensus estimate of $6.34 billion, due to supply chain... More