Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display. The Semiconductor Systems segment develops, manufactures, and sells semiconductor capital equipment that is used to fabricate semiconductor chips or integrated circuits. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, and other equipment and factory automation software for semiconductor, display, and other products. The Display segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, smart phones, and other consumer-oriented devices and solar energy cells. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company was incorporated in 1967 and is headquartered in Santa Clara, California.
Tech Leadership | Explore Applied Materials' dominance in Gate-All-Around and Advanced Packaging technologies, driving significant revenue growth and market share gains |
Financial Strength | Discover how consistent earnings beats and improving gross margins position Applied Materials for sustained profitability and shareholder returns |
Market Dynamics | Delve into the complex interplay of China market normalization and global semiconductor industry trends shaping Applied Materials' strategic outlook |
Analyst Projections | Analyst price targets range from $155 to $260, with EPS estimates for 2024 between $8.38 and $8.82, reflecting optimistic yet varied market perspectives |
Metrics to compare | AMAT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipAMATPeersSector | |
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P/E Ratio | 20.6x | 26.4x | 11.8x | |
PEG Ratio | 3.37 | 0.38 | 0.01 | |
Price/Book | 7.8x | 2.8x | 2.4x | |
Price / LTM Sales | 5.4x | 2.6x | 2.2x | |
Upside (Analyst Target) | 13.0% | 36.5% | 21.5% | |
Fair Value Upside | Unlock | 4.1% | 2.2% | Unlock |