Applied Materials (AMAT) Tops Q1 EPS by 3c, Offers Guidance

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Go back to Applied Materials (AMAT) Tops Q1 EPS by 3c, Offers Guidance

Applied Materials (AMAT) PT Raised to $172 at Needham & Company

February 17, 2022 7:10 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Applied Materials (NASDAQ: AMAT) to $172.00 (from $166.00) while maintaining a Buy rating following results.

The analyst commented, "AMAT reported F1Q22 results slightly above consensus, while providing mostly in-line guidance. Key Takeaways: 1)... More

Applied Materials (AMAT) Stock Gains 3% on Q1 Results, Q2 Guidance Below Street at the Midpoint

February 16, 2022 5:57 PM EST

Applied Materials (NASDAQ: AMAT) shares were trading around 3% higher after-hours following the companys reported Q1 results, with EPS coming in at $1.89, above the consensus estimate of $1.86.

Revenue grew 21% year-over-year to $6.27 billion, compared to the consensus estimate of $6.17 billion. According to Gary... More