Applied Materials (AMAT) PT Lowered to $140 at Cowen

Applied Materials (AMAT) PT Lowered to $150 at Citi

Citi analyst Atif Malik lowered the price target on Applied Materials (NASDAQ: AMAT) to $150.00 (from $160.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) PT Raised to $115 at Deutsche Bank

Deutsche Bank analyst Sidney Ho raised the price target on Applied Materials (NASDAQ: AMAT) to $115.00 (from $110.00) while maintaining a Buy rating.... More

Applied Materials Tops Estimates, Analysts See It Well Positioned for Long Term

Applied Materials (NASDAQ: AMAT) reported FQ3 results that came in higher than what the market was expecting.

The Adjusted EPS came in at $1.94 on revenue of $6.52 billion to beat the consensus of $1.79 on sales of $6.26 billion. The adjusted gross margin was reported at 46.2%, marginally ahead of the 46.1% estimate.

As far as the current quarter is... More

Applied Materials (AMAT) PT Raised to $125 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the price target on Applied Materials (NASDAQ: AMAT) to $125.00 (from $120.00) while maintaining a Overweight rating.... More

Applied Materials (AMAT) PT Lowered to $150 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on Applied Materials (NASDAQ: AMAT) to $150.00 (from $160.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) PT Lowered to $184 at Stifel

Stifel analyst Patrick Ho lowered the price target on Applied Materials (NASDAQ: AMAT) to $184.00 (from $197.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) PT Lowered to $155 at DA Davidson

DA Davidson analyst Thomas Diffely lowered the price target on Applied Materials (NASDAQ: AMAT) to $155.00 (from $170.00) while maintaining a Buy rating.... More

Applied Materials (AMAT) PT Raised to $109 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on Applied Materials (NASDAQ: AMAT) to $109.00 (from $95.00) while maintaining a Buy rating.... More

After-Hours Movers: BBBY Sinks as Cohen Confirms Stake Sale, Bill.com Jumps on EPS

After-Hours Stock Movers:

Bed Bath & Beyond (NASDAQ: BBBY) 42% LOWER; Ryan Cohen confirmed he liquidated his entire 9.5 million share stake.

Bill.com (NYSE: BILL) 20% HIGHER; reported Q4 EPS of ($0.03), $0.11 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $200.2... More

Applied Materials Shares Up 3% Following Q3 Beat, Provides Outlook

Applied Materials (NASDAQ: AMAT) shares rose around 3% after-hours following the companys reported Q3 results, with EPS of $1.94 coming in better than the consensus estimate of $1.78. Revenue grew 5% year-over-year to $6.52 billion, compared to the consensus estimate of $6.27 billion.

Applied Materials delivered record quarterly revenue, yet... More

Applied Materials predicts upbeat revenue as chipmakers ramp up capacity

By Tiyashi Datta

(Reuters) -Semiconductor equipment maker Applied Materials Inc on Thursday eased fears of a slowdown with a strong revenue forecast for the fourth quarter, though sticky supply chain snarls pinched its margins.

Chipmakers Intel and Micron Technology Inc have recently warned of an inventory build-up and declining spending on electronics, sparking worries that the industry's years-long growth run was at an end.

Chief Executive Gary Dickerson allayed the concerns, saying Applied... More

Applied Materials (AMAT) Tops Q3 EPS by 16c, Guidance Beats

Applied Materials (NASDAQ: AMAT) reported Q3 EPS of $1.94, $0.16 better than the analyst estimate of $1.78. Revenue for the quarter came in at $6.52 billion versus the consensus estimate of $6.27 billion.

GUIDANCE:

Applied Materials sees Q4 2022 EPS of $1.82-$2.18, versus the consensus of $1.94.... More