Applied Materials Stock Surges 4.65% With 24.81 Billion Shares Traded Ranking 43rd in Market Activity

On April 7, 2025, Applied Materials (AMAT) saw a significant increase of 4.65% in its stock price, with a trading volume of 24.81 billion, ranking 43rd in the day's market activity.

Applied Materials, Inc. (AMAT) has recently experienced a notable decline, hitting a 52-week low of $123.75. This marks a substantial drop from its 52-week high of $255.89, reflecting the market's current volatility and investor sentiment towards the company.

Investors are closely monitoring Applied Materials' earnings outlook. For the current quarter, the company is expected to report earnings of $2.30 per share, representing a 10.1% increase from the same period last year. This positive earnings outlook may provide some support for the stock, despite recent price declines.

Analysts have also adjusted their price targets for Applied Materials. Needham & Company LLC recently lowered its price target from $200.00 to $195.00 while maintaining a "buy" rating. This adjustment suggests that while the stock may face near-term challenges, analysts still see long-term potential in the company.