These Analysts Revise Their Forecasts On Applied Materials After Q4 Earnings

Benzinga
11/14

Applied Materials Inc (NASDAQ:AMAT) reported better-than-expected fourth-quarter financial results for fiscal 2025 Thursday after the bell.

Applied Materials reported fourth-quarter revenue of $6.8 billion, beating analyst estimates of $6.67 billion. The chip equipment manufacturer reported fourth-quarter adjusted earnings of $2.17 per share, beating analyst estimates of $2.10 per share, according to Benzinga Pro.

"Based on our conversations with our customers and partners, we are preparing Applied's operations and service organizations to be ready to support higher demand beginning in the second half of calendar 2026," said Brice Hill, senior vice president and CFO of Applied Materials.

Applied Materials expects fiscal first-quarter revenue of $6.85 billion, plus or minus $500 million, versus estimates of $6.76 billion. The company expects first-quarter adjusted earnings of $1.98 to $2.38 per share, versus estimates of $2.13 per share.

Applied Materials shares fell 7% to trade at $207.79 on Friday.

These analysts made changes to their price targets on Applied Materials following earnings announcement.

  • Mizuho analyst Vijay Rakesh maintained Applied Materials with a Neutral and lowered the price target from $215 to $205.
  • B. Riley Securities analyst Craig Ellis reiterated the stock with a Buy and raised the price target from $265 to $270.

Considering buying AMAT stock? Here’s what analysts think:

Read This Next:

  • Nvidia To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Friday

Photo via Shutterstock

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10