Applied Materials Trading Volume Surges 123.91% to $1.615 Billion Ranking 68th in Daily Turnover

On April 3, 2025, Applied Materials (AMAT) saw a significant surge in trading volume, with a turnover of $1.615 billion, marking a 123.91% increase from the previous day. This substantial rise placed AMAT at the 68th position in terms of trading volume for the day. However, the stock price experienced a decline of 8.28%.

Applied Materials is scheduled to release its next earnings report on May 15, 2025. The company's recent earnings report showed a positive earnings surprise of 4.39%.

Applied Materials' price-to-earnings (P/E) ratio stands at 19.31 as of April 2, 2025, reflecting a 12.93% decrease from its 12-month average of 22.18. This indicates a more favorable valuation compared to its historical average.

Jefferies Financial Group recently upgraded Applied Materials from a "hold" rating to a "buy" rating, setting a target price of $195.00 for the stock. This upgrade suggests a positive outlook for the company's future performance.