Applied Materials Trading Volume Drops 23.95% Ranking 62nd in Market Activity

On June 17, 2025, Applied Materials (AMAT) experienced a significant decline, with its trading volume dropping by 23.95% to 8.99 billion, ranking 62nd in the day's market activity. The stock price fell by 1.38%.

On June 5, Morgan Stanley analysts upgraded Applied Materials, Inc. (NASDAQ:AMAT) to “Equal Weight” from “Underweight” and set a new price target of $158. This upgrade reflects a more optimistic outlook on the company's valuation and potential for growth.

Applied Materials has an average rating of overweight and a mean price target of $198.52, according to analysts polled by FactSet. This indicates a generally positive sentiment among analysts regarding the company's future performance.

Applied Materials and CEA-Leti have expanded their joint lab to drive innovation in specialty chips. This collaboration is expected to enhance the company's technological capabilities and market position in the semiconductor industry.