Applied Materials: UBS Downgrades to Neutral with $180 PT

Applied Materials: UBS Downgrades to Neutral with $180 PT

Applied Materials (NASDAQ:AMAT) faced a recent downgrade from UBS Group, which reduced its rating to "Neutral" and set a new price target of $180. This move follows the company's fiscal Q4 outlook, which was deemed "surprisingly weak" by the brokerage [2].

The downgrade comes amidst a broader trend of analyst sentiment towards the semiconductor equipment sector. UBS Group's move aligns with a broader shift in analyst ratings, with several other firms adjusting their views on Applied Materials. Notably, BofA also recently downgraded Applied Materials to "Neutral" with a price target of $180, citing the "surprisingly weak" Q4 outlook [2].

Despite the downgrade, Applied Materials continues to operate in a critical sector of the technology industry. The company's ability to adapt to evolving market conditions and maintain its position as a leading provider of semiconductor manufacturing equipment will be crucial for its future performance. Investors should closely monitor the company's financial performance and any new developments that could impact its stock price.

References:
[1] https://www.marketbeat.com/instant-alerts/expedia-group-nasdaqexpe-stock-price-expected-to-rise-ubs-group-analyst-says-2025-08-08/
[2] https://finance.yahoo.com/news/target-downgraded-salesforce-upgraded-wall-133248351.html