In a report released today, Qingyuan Lin from Bernstein maintained a Buy rating on Applied Materials (AMAT – Research Report), with a price target of $210.00. The company’s shares closed last Friday at $169.46.
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According to TipRanks, Lin is ranked #4186 out of 9595 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Applied Materials with a $199.97 average price target.
Based on Applied Materials’ latest earnings release for the quarter ending April 27, the company reported a quarterly revenue of $7.1 billion and a net profit of $2.14 billion. In comparison, last year the company earned a revenue of $6.65 billion and had a net profit of $1.72 billion
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AMAT in relation to earlier this year. Most recently, in April 2025, Adam Sanders, the Corp. Controller & CAO of AMAT sold 450.00 shares for a total of $65,173.50.
Read More on AMAT:
- Cautious Hold Recommendation for Applied Materials Amid Mixed Market Signals and Valuation Concerns
- Applied Materials, CEA-Leti expand joint lab to drive innovation
- CrowdStrike and McDonald’s downgraded: Wall Street’s top analyst calls
- Morgan Stanley upgrades Applied Materials to Equal Weight on valuation
- Applied Materials upgraded to Equal Weight from Underweight at Morgan Stanley
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