According to the latest FactSet survey, 33 analysts have revised the target price for Applied Materials (AMAT-US), raising the median from $590 to $645, a 9.32% increase. The highest valuation stands at $900, while the lowest is $425.

Overall ratings: Among 39 analysts, 32 have issued optimistic outlooks, 6 remain neutral, and 1 is pessimistic.

Applied Materials closed at $588.66 today (10th). The stock has declined 9.32% over the past five days, while the S&P 500 rose 0.81%, indicating underperformance in the short term.

Source: FactSet. Data is for reference only and does not constitute investment advice.

FACT BOX

  • Source: PR Times
  • Category: Survey