Applied MaterialsAMAT
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
13% more repeat investments, than reductions
Existing positions increased: 875 | Existing positions reduced: 773
3.2% less ownership
Funds ownership: 78.95% [Q4 2024] → 75.75% (-3.2%) [Q1 2025]
4% less funds holding
Funds holding: 2,188 [Q4 2024] → 2,106 (-82) [Q1 2025]
12% less funds holding in top 10
Funds holding in top 10: 43 [Q4 2024] → 38 (-5) [Q1 2025]
16% less first-time investments, than exits
New positions opened: 167 | Existing positions closed: 199
18% less capital invested
Capital invested by funds: $108B [Q4 2024] → $89.3B (-$19.1B) [Q1 2025]
18% less call options, than puts
Call options by funds: $1.77B | Put options by funds: $2.16B
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Morgan Stanley Joseph Moore | 7%downside $158 | Equal-Weight Upgraded | 6 Jun 2025 |
Mizuho Vijay Rakesh | 14%upside $195 | Outperform Maintained | 16 May 2025 |
Raymond James Srini Pajjuri | 17%upside $200 | Outperform Reiterated | 16 May 2025 |
Citigroup Atif Malik | 11%upside $190 | Buy Maintained | 16 May 2025 |
Cantor Fitzgerald Matthew Prisco | 17%upside $200 | Overweight Reiterated | 16 May 2025 |
Financial journalist opinion
Based on 25 articles about AMAT published over the past 30 days









