Applied Materials Emerges from Dark Period with RS Rating Upgrade

Applied Materials' stock has rebounded from a low of $123.74 in April to $193 in recent days, up 36% in over three months. The Relative Strength Rating has improved from 68 to 76, outperforming 76% of all stocks over the past 52 weeks. The company reported 14% earnings growth in its most recent report and has a 90 EPS Rating, 93 Composite Rating, and A SMR Rating. Its Accumulation/Distribution Rating is B-.

Applied Materials, Inc. (AMAT) has shown remarkable resilience in the face of market volatility, with its stock rebounding from a low of $123.74 in April to $193 in recent days. This represents a 36% increase over the past three months. The stock's performance is reflected in its Relative Strength (RS) Rating, which has improved from 68 to 76, outperforming 76% of all stocks over the past 52 weeks [2].

The company's recent earnings report highlighted a 14% growth in earnings per share (EPS) to $2.39, surpassing analyst expectations. This marks the third consecutive quarter of EPS growth, with the growth rate increasing from 9% to 12% and then 14% over the last three quarters. Revenue for the most recent quarter also rose by 7% to $7.1 billion [2].

In addition to its strong financial performance, Applied Materials has received positive analyst ratings. JPMorgan Chase & Co., Needham & Company LLC, Mizuho, Wells Fargo & Company, and Bank of America have all issued upgrades to the stock, with the consensus rating being a "Moderate Buy" and an average price target of $204.74 [1].

The company's stock has also shown signs of strong accumulation, with an Accumulation/Distribution Rating of B-. This indicates that institutional investors, including ETFs and insurance funds, are actively buying the stock [2].

Applied Materials operates in the semiconductor, display, and related industries, providing manufacturing equipment, services, and software. Its stock is currently trading at a price-to-earnings ratio of 23.98 and has a market capitalization of $158.17 billion. The company is expected to report its latest results on or around August 14.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-greater-midwest-financial-group-llc-boosts-holdings-in-applied-materials-inc-nasdaqamat-2025-07-11/
[2] https://www.investors.com/news/technology/ibd-rating-upgrades-applied-materials-shows-improved-price-strength/