Applied Materials (AMAT)

• Market cap: $151B
• 1 day: 6.39%
• 5 days: 12.86%
• 1 month: 15.89%
• 3 months: 9.64%
• 6 months: 23.45%
• Year to date: 15.65%
• 1 year: 1.81%
• 5 years: 237.51%
• 10 years: 1,089.64%
• Sector: Technology
• Industry: Semiconductor Equipment & Materials

About: Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.

Employees: 35,700

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

147% more first-time investments, than exits

New positions opened: 324 | Existing positions closed: 131

68% more funds holding in top 10

Funds holding in top 10: 38 [Q1] → 64 (+26) [Q2]

27% more capital invested

Capital invested by funds: $90.1B [Q1] → $114B (+$24.1B) [Q2]

20% more repeat investments, than reductions

Existing positions increased: 918 | Existing positions reduced: 764

7% more funds holding

Funds holding: 2,127 [Q1] → 2,278 (+151) [Q2]

1.3% more ownership

Funds ownership: 76.47% [Q1] → 77.78% (+1.3%) [Q2]

9% less call options, than puts

Call options by funds: $2.51B | Put options by funds: $2.74B

Research analyst outlook

17 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $170
• Avg. target: $193
• High target: $225

17 analyst ratings

• positive: 9 53%
• neutral: 8 47%
• negative: 0 0%

Mizuho Vijay Rakesh	$175	Neutral Downgraded	12 Sep 2025
Daiwa Capital Louis Miscioscia	$170	Neutral Downgraded	20 Aug 2025
Deutsche Bank Sidney Ho	$170	Hold Maintained	15 Aug 2025
Citigroup Atif Malik	$205	Buy Maintained	15 Aug 2025
UBS Timothy Arcuri	$180	Neutral Maintained	15 Aug 2025