Many financial analysts, including Needham, Bernstein, and Citi, have boosted their target for Applied Materials (AMAT) stock, citing increasing demand for semiconductor equipment.
AMAT recently broke above the 20-day moving average and its trading volume surged by 35.27% despite a dip in the stock market.
Indeed, AMAT has been attracting investor attention, with some financial experts such as Jim Cramer stating that AMAT is set to experience a renaissance.
Many are optimistic about AMAT's upcoming fiscal Q3 2025 results, with the company scheduling its earnings conference call for August 14, 2025.
AMAT's R&D investment levels continue to climb, a development which many are watching closely to see if it will deliver impactful results.
Despite China sales shrink and trade war, AMAT saw 14% growth over a month and bullish outlook fuelled by Micronβs big Q3 is expected.
There are also predictions that AMAT will see significant DRAM revenue growth in 2025.
Applied Materials AMAT News Analytics from Thu, 13 Feb 2025 08:00:00 GMT to Sat, 26 Jul 2025 04:38:53 GMT -
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