Applied Materials Slips to 54th in Trading Volume Ranking as Stock Drops

Generated by AI AgentAinvest Volume Radar
Wednesday, May 28, 2025 8:00 pm ET1min read

On May 28, 2025,

(AMAT) experienced a significant decline, with its trading volume reaching $10.84 billion, a 20.73% decrease from the previous day. This placed at the 54th position in terms of trading volume for the day. The stock price of AMAT fell by 0.15%.

Analysts from Bernstein maintained a "Buy" rating on Applied Materials, setting a price target of $210.00. This rating reflects a positive outlook on the company's future performance.

Applied Materials currently holds a consensus rating of "Moderate Buy" among analysts, with an average price target of $199.48. This rating indicates a generally optimistic view of the company's prospects.

Wells Fargo has also maintained its "Buy" rating on Applied Materials, keeping its price target steady. This consistent rating from a major financial institution further supports the positive sentiment surrounding the stock.

In its fiscal second quarter, Applied Materials reported earnings that exceeded expectations, but sales fell slightly short. This mixed performance may have contributed to the recent decline in the stock price.

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