Applied Materials (NASDAQ:AMAT) Updates Q1 2025 Earnings Guidance

Applied Materials (NASDAQ:AMAT) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 2.110-2.470 for the period, compared to the consensus earnings per share estimate of 2.270. The company issued revenue guidance of $6.8 billion-$7.6 billion, compared to the consensus revenue estimate of $7.2 billion. Applied Materials also updated its Q1 guidance to $2.11-2.47 EPS.

Analyst Upgrades and Downgrades

AMAT has been the topic of several recent analyst reports. TD Cowen cut their target price on shares of Applied Materials from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday. Needham & Company LLC reduced their price objective on Applied Materials from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday. Evercore ISI decreased their price objective on Applied Materials from $260.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft dropped their target price on Applied Materials from $220.00 to $200.00 and set a “hold” rating on the stock in a report on Friday. Finally, Citigroup decreased their price target on shares of Applied Materials from $240.00 to $217.00 and set a “buy” rating for the company in a report on Monday, September 16th. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $219.81.

Applied Materials Stock Down 9.2 %

Shares of AMAT opened at $168.88 on Friday. The stock has a market capitalization of $139.22 billion, a PE ratio of 18.98, a P/E/G ratio of 2.24 and a beta of 1.56. The firm’s 50 day moving average is $190.88 and its 200-day moving average is $206.73. Applied Materials has a 12 month low of $141.94 and a 12 month high of $255.89. The company has a current ratio of 2.86, a quick ratio of 2.09 and a debt-to-equity ratio of 0.33.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, August 15th. The manufacturing equipment provider reported $2.12 EPS for the quarter, topping the consensus estimate of $2.02 by $0.10. The firm had revenue of $6.78 billion during the quarter, compared to the consensus estimate of $6.68 billion. Applied Materials had a return on equity of 39.99% and a net margin of 27.74%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.90 earnings per share. Equities research analysts forecast that Applied Materials will post 8.51 EPS for the current year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.60 annualized dividend and a yield of 0.95%. Applied Materials’s payout ratio is 17.98%.

About Applied Materials

Applied Materials, Inc engages in the provision of 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. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.