# Applied Materials, Inc. – Consensus ‘buy’ rating and 13.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/applied-materials-inc.consensus-buy-rating-and-13.9-upside-potential/4121165652
- Published: 2024-07-22T14:15:43+01:00
- Author: Charlotte Edwards

**Applied Materials, Inc.** which can be found using ticker (AMAT) have now 29 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $300.00 and $198.00 suggesting an average Analsyt 
target price of $247.98. Given that the stocks previous close was at $217.65 and
the analysts are correct then there would likely be a percentage uptick in value
of 13.9%. Also worth taking note is the 50 day moving average now sits at $229.53
and the 200 moving average now moves to $188.25. The company has a market capitalization
of 174.09B. The stock price for Occidental Petroleum Corporation is $210.26 USD

 The potential market cap would be $198,349,831,539 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 24.17, revenue per share of $31.80
and a 15.67% return on assets.

Applied Materials, Inc. provides manufacturing equipment, services and software 
to the semiconductor, display, and related industries. The Company operates through
three segments: Semiconductor Systems, Applied Global Services, and Display and 
Adjacent Markets. Its Semiconductor Systems segment primarily consists of capital
equipment used to fabricate semiconductor chips. Its Applied Global Services segment
provides integrated solutions to optimize equipment and fab performance and productivity,
including spares, upgrades, services, certain remanufactured old equipment and factory
automation software for semiconductor, display and solar products. Its Display and
Adjacent Markets segment includes products for manufacturing liquid crystal and 
organic light-emitting diode (OLED) displays, and other display technologies for
televisions, monitors, laptops, personal computers, electronic tablets, smart phones,
and other consumer-oriented devices and equipment upgrades.

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