Applied Materials (AMAT) has seen intriguing developments in recent times. Now available are December 2026 options for the company, and it has also been touted as the best dividend stock as of 2024. The company's Q2 2024 earnings call had noteworthy details that attracted investors' attention. The AMAT stock performed well and posted a beat-and-raise report despite minor dips in stock. The Q2 earnings exceeded expectations, making AMAT a noted growth target going forward. There is emphasis on not to overlook their international revenue trends, and there are comparisons between investing in Intel stock versus Applied Materials stock. Their earnings and revenues surpassed estimates, leading to a raised price target of $235.00, and then to $255.00. Despite strong Q2 results, the stock declined while the market improved. Subpoenas on China shipments were received, but the market still has bullish views on the company. Their forecast increases dividend by 25% amid positive financial outlook. The Q1 results equally exceeded expectations, and the projected growth for the next quarter is optimistic. There was an increase in the dividend to $0.40, indicating a positive financial direction for the company.
Applied Materials AMAT News Analytics from Fri, 17 Nov 2023 08:00:00 GMT to Thu, 23 May 2024 18:53:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
