# Applied Materials, Inc.  Share Price Target ‘$221.93’, now -8.8% Downside Potential

- Link: https://www.directorstalkinterviews.com/applied-materials-inc.share-price-target-221.93-now-8.8-downside-potential/4121164226
- Published: 2024-07-08T12:38:56+01:00
- Author: Charlotte Edwards

**Applied Materials, Inc.** which can be found using ticker (AMAT) now have 29 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $276.36 and $182.40 suggesting an average analyst 
share price target price of $221.93. (at the time of writing). Given that the stocks
previous close was at $243.31 this would indicate that there is a downside of -8.8%.
It’s also worth noting that there is a 50 day moving average of $220.48 and the 
200 day MA is $180.82. The market cap for the company is 200.86B. The stock price
for Apple Inc. is $242.59 USD

 The potential market cap would be $183,208,730,612 based on the market consensus.

The company has a dividend yield of 3.08%. Other points of data to note are a P/
E ratio of 27.85, 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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