Professional
Added to YB: 2026-05-22
Pitch date: 2026-04-10
AMAT [neutral]
Applied Materials, Inc.
+7.42%
current return
Author Info
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Company Info
Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.
Market Cap
$338.8B
Pitch Price
$397.85
Price Target
450.00 (+5%)
Dividend
0.50%
EV/EBITDA
36.33
P/E
40.15
EV/Sales
11.61
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Alpha Wealth Funds Portfolio Holding: Applied Materials, Inc.
AMAT (holding update): Semiconductor equipment leader riding 'AI Giga-Cycle' to record highs. Q1 rev $7.01B driven by HBM demand; new atomic-scale tools for 2nm/GAA chips solve energy bottlenecks. Dividend +15% ($0.53/share), aggressive buybacks. Dominates wafer fab equipment amid AI/3D NAND/foundry capex ramp. Trades 40x P/E but analysts eye $450 PT as Arizona/Ohio fabs enter tool-in phase. Export controls to China a risk.
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