Key Insights:
- Applied Materials (AMAT, Financial) has seen an 18.5% decrease in share price over the last month.
- Analysts foresee a 10.1% rise in quarterly earnings per share, reaching $2.30.
- Future growth potential with EPS estimates projecting an 8.2% increase for the current fiscal year.
Analyzing Applied Materials' Recent Performance
Over the past month, shares of Applied Materials (AMAT) have experienced a significant decline, down 18.5%. This underperformance is stark in contrast to the broader semiconductor industry. However, despite this slip, analysts remain optimistic about the company's capacity for growth. Notably, projections for the upcoming quarter point to an earnings per share (EPS) increase of 10.1%, bringing it to $2.30. Additionally, EPS estimates for the current fiscal year suggest a healthy rise of 8.2%, signaling future growth potential for investors.
Wall Street Analysts' Forecasts and Evaluations
Broad consensus among 32 analysts has set the one-year average price target for Applied Materials Inc (AMAT, Financial) at $207.42. This projection ranges from a high estimate of $250.00 to a low estimate of $164.00. With the current stock price at $130.90, the average price target signifies a potential upside of 58.47%. For extensive estimation data, visit the Applied Materials Inc (AMAT) Forecast page.
The collective recommendation from 35 brokerage firms positions Applied Materials Inc (AMAT, Financial) with an "Outperform" status, aligning with an average brokerage recommendation of 2.0. On the rating scale, a score of 1 is indicative of a Strong Buy, while a 5 would denote a Sell.
Understanding GF Value Estimates
According to GuruFocus estimates, the GF Value for Applied Materials Inc (AMAT, Financial) in one year is pegged at $168.43, which suggests a potential upside of 28.68% from the current trading price of $130.895. The GF Value metric is GuruFocus' assessment of the stock's fair value, calculated using historical trading multiples, past business growth, and future performance estimates. Detailed analysis and data are accessible on the Applied Materials Inc (AMAT) Summary page.
