Analysts Expect Applied Materials (AMAT) Stock to Rise 10%

 

Applied Materials, Inc. (AMAT) stock is down -11.54% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives AMAT stock a score of 50 out of a possible 100.

That score is mainly influenced by a short-term technical score of 44. AMAT’s score also includes a long-term technical score of 45. The fundamental score for AMAT is 60. In addition to the average rating from Wall Street analysts, AMAT stock has a mean target price of $48.50. This means analysts expect the stock to gain 10.38% over the next 12 months.

Click Here to get the full Stock Score Report on Applied Materials, Inc. (AMAT).

What’s Happening with AMAT Stock Today

Applied Materials, Inc. (AMAT) stock is down -0.31% while the S&P 500 has gained 0.11% as of 11:24 AM on Wednesday, May 1. AMAT is down -$0.13 from the previous closing price of $44.07 on volume of 3,152,119 shares. Over the past year the S&P 500 has risen 11.36% while AMAT is down -11.54%. AMAT earned $4.31 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.19.

Symbols: AMAT

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