JP Morgan Maintains Overweight on Applied Materials, Lowers Price Target to $500
JP Morgan analyst Harlan Sur maintains Applied Materials (NASDAQ:AMAT) with a Overweight and lowers the price target from $660 to $500.
Last updated: 2026-11-14 10:54:40. Prices reflect the latest closing data and will resume updating on the next trading day. Stock price data is sourced from Massive.
Applied Materials Inc. (AMAT) operates in the SEMICONDUCTORS & RELATED DEVICES sector and is listed on NASDAQ. The stock is currently priced at $370.39, with a market capitalization of $302.32B and a P/E ratio of 32.62. Over the past 52 weeks, its price has ranged from $203.40 to $739.67. This page covers its latest market performance, valuation, price trends and company information.
$302.32B | |
$376.01 | |
$385.25 | |
$352.40 | |
$380.95 | |
8.34M | |
7.15M | |
32.62 | |
$739.67 | |
$203.40 | |
0.50% | |
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Applied Materials Inc. (AMAT) last closed at $370.39 as of 2026-11-14 01:00:00, down 2.78% ($10.58) from the previous close of $380.95.
During the latest regular trading session, AMAT traded between $352.40 and $385.25, with a volume of 8.34M shares. The closing price was near the middle and near the lower end of its 52-week range.
AMAT is down 0.07% as of the last close.
Over the past seven days, Applied Materials Inc. (AMAT) moved from $319.25 to $370.39, representing a gain of 16.02% ($51.14).
The stock traded between $316.95 and $404.71 during the period. The latest price is near the middle of the 7-day range, indicating strong upward.
The average daily volume was 10.34 million shares, up versus the previous seven-day period, indicating higher trading activity.
Position in Range: 31.1%
AMAT is currently trading at $370.39, placing it 31.1% of the way from its 52-week low of $203.40 to its 52-week high of $739.67. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
| Industry | SEMICONDUCTORS & RELATED DEVICES |
| Employees | 36,500 |
| CEO | Gary E. Dickerson |
| Founded | 1967 |
| Exchange | NASDAQ |
| Company Website |
View the latest dividend and stock split events for Applied Materials Inc.
Dividend | |
|---|---|
| Ex-Dividend Date | Nov 19, 2026 |
| Payment Date | Dec 10, 2026 |
| Dividend Per Share | $0.53 |
Latest news related to Applied Materials Inc. and AMAT stock.
JP Morgan analyst Harlan Sur maintains Applied Materials (NASDAQ:AMAT) with a Overweight and lowers the price target from $660 to $500.
Applied Materials reported record fiscal 2026 revenue of $34.4 billion, growing 21% year-over-year, driven by AI infrastructure demand. The company plans to double systems output by 2028 and has achieved 14 consecutive quarters of gross margin expansion, positioning it to outgrow the broader wafer fab equipment market.
Applied Materials shares fell after earnings; analysts kept Buy/Overweight ratings but cut targets amid sector multiple compression.
Mizuho analyst Vijay Rakesh maintains Applied Materials (NASDAQ:AMAT) with a Outperform and lowers the price target from $590 to $510.
Lam Research (LRCX) stock dropped alongside peers AMAT and KLAC following NVIDIA CEO Jensen Huang's departure.
Eligible investors can buy real shares of Applied Materials Inc. (AMAT) through MEXC RealStocks. Follow these three steps to open a RealStocks account, transfer USDT, and place a US stock order.
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Estimate the value between AMAT shares and USD.
AMAT Shares to USD
1.00 AMAT shares = 370.391 USD
Calculations are estimates based on the latest available price and are for reference only.