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Applied Materials shares were up 8.72% at $385.20 at the time of publication on Wednesday.
Applied Materials' new tools support Gate-All-Around transistors, enabling improved performance and efficiency.
KEY POINTS
- The next earnings report is expected on May 14, 2026, with higher EPS and revenue estimates year-over-year.
- Recent analyst upgrades include Morgan Stanley raising its price target to $432 and Barclays to $450.
- AMAT's premium P/E ratio of 36.3x indicates it is valued above its industry peers.
COMPANIES
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