Applied Materials (AMAT) Misses Q4 EPS by 1c, Q1 Guidance Misses

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

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

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) Shares Fall on a Miss Across the Board Driven by Supply Shortages, Analysts Say to Buy the Dip

Shares of Applied Materials (NASDAQ: AMAT) are down over 5.5% in pre-open Friday after the company reported disappointing FQ4 results.

Applied Materials reported Q4 EPS of $1.94, slightly lower than the analyst estimate of $1.95. Revenue for the quarter came in at $6.12 billion to again miss on the consensus estimate of $6.34 billion.

Demand for semiconductors and equipment continues to grow as the pandemic accelerates digital transformation of the economy, and currently, our supply chain cannot keep up, said Gary Dickerson, President and CEO.... More

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

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