Applied Materials Inc. closed 28.23% below its 52-week high of $255.89, which the company achieved on July 10th.

In its upcoming report, Applied Materials (AMAT) is predicted by Wall Street analysts to post quarterly earnings of $2.28 per share, reflecting an increase of 7% compared to the same period last year.

Cantor Fitzgerald reiterated its Overweight rating on Applied Materials (NASDAQ:AMAT) with a steady price target of $220.00, above the current analyst consensus high target of $250. The firm ...

Delving into the details, we found 56% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $311,540, and 10 were calls, valued ...