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Applied Materials (AMAT)

(Delayed Data from NSDQ)

$220.89 USD

220.89
3,661,621

+2.94 (1.35%)

Updated May 24, 2024 04:00 PM ET

After-Market: $221.00 +0.11 (0.05%) 6:20 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 12% (219 out of 249)

Industry: Semiconductor Equipment - Wafer Fabrication

Better trading starts here.

Applied Materials (AMAT) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$220.18 $260.00 $140.00 1.02%

Price Target

Based on short-term price targets offered by 28 analysts, the average price target for Applied Materials comes to $220.18. The forecasts range from a low of $140.00 to a high of $260.00. The average price target represents an increase of 1.02% from the last closing price of $217.95.

Analyst Price Targets (28)

Last Close 217.95
Average 220.18 1.02% Upside Low 140.00 -35.77% Downside High 260.00 19.29% Upside

Broker Rating

Applied Materials currently has an average brokerage recommendation (ABR) of 1.81 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 32 brokerage firms. The current ABR compares to an ABR of 1.71 a month ago based on 31 recommendations.

Of the 32 recommendations deriving the current ABR, 19 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 59.38% and 6.25% of all recommendations. A month ago, Strong Buy made up 64.52%, while Buy represented 6.45%.

Broker Rating Breakdown

Broker Rating Visualization

Brokerage Recommendations

Today 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 19 19 20 17 17
Buy 2 2 2 2 2
Hold 10 10 8 9 9
Sell 0 0 0 0 0
Strong Sell 1 1 1 1 1
ABR 1.81 1.81 1.71 1.83 1.83

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Analyst Upgrades/Downgrades

Date Brokerage Firm Analyst Previous Current
5/17/2024 B. Riley Securities Craig A Ellis Strong Buy Strong Buy
5/17/2024 Mizuho SecuritiesUSA Vijay R Rakesh Strong Buy Strong Buy
5/17/2024 Needham & Company Charles Shi Moderate Buy Moderate Buy
5/17/2024 Raymond James Srini Pajjuri Moderate Buy Moderate Buy
5/16/2024 Susquehanna Financial Group Mehdi Hosseini Hold Hold
4/16/2024 Evercore Partners Mark Lipacis Not Available Strong Buy
4/8/2024 Cantor Fitzgerald & Co Christopher J Muse Hold Strong Buy
3/15/2024 New Street Research Pierre C Ferragu Hold Hold
3/15/2024 Exane BNP Paribas Jerome Ramel Hold Hold
3/11/2024 Not Identified Not Identified Hold Hold
1/2/2024 Daiwa America Louis Miscioscia Strong Buy Strong Buy
11/16/2023 Summit Insights Group Kinngai Chan Not Available Strong Buy
9/13/2023 William Blair Jonathan Dorsheimer Hold Hold
8/21/2023 Berenberg Bank Tammy Qiu Strong Buy Strong Buy
8/18/2023 Craig-Hallum Christian D Schwab Strong Buy Strong Buy
8/17/2023 KeyBanc Capital Markets Steve Barger Hold Hold

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Average Brokerage Rating

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

1.81
ABR (Last week) 1.81
# of Recs in ABR 32
Average Target Price $220.18
LT Growth Rate 9.20%
Industry Semiconductor Equipment - Wafer Fabrication
Industry Rank by ABR 219 of 252
Current Quarter EPS Est: 1.99