Applied Materials Inc. ($AMAT) Stock Forecast: Down 6.6% Today

What is Applied Materials Inc.?

Applied Materials, Inc. (AMAT) is a leading semiconductor equipment company that provides manufacturing solutions for the semiconductor, flat panel display, and solar industries. Today, the stock experienced a strong bearish movement in the market.

Why is Applied Materials Inc. going down?

AMAT stock is down 6.6% on Jun 23, 2026 19:01

• The bearish movement in AMAT stock can be attributed to concerns about cooling AI demand sparked by developments in South Korea's SK Hynix slowing its high-bandwidth memory (HBM) expansion.
• Analysts suggest that the sell-off may have been driven by Hynix's decision to reallocate capacity to conventional DRAM for better margins, rather than a sign of decreased overall demand for AI chips.
• Profit-taking following a significant market run-up and changing interest rate expectations are also seen as possible contributors to the stock's downturn.
• Despite the negative movement, some analysts see this as a potential buying opportunity, believing that the market may have overreacted to the news, particularly impacting memory-related stocks like AMAT.

AMAT Price Chart

AMAT Technical Analysis

AMAT News

Applied Materials, Teradyne, and Entegris Stocks Trade Down, What You Need To Know

Shares of Applied Materials, Teradyne, and Entegris fell in the afternoon session following a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion. While this initially triggered fears of a cooling AI market, analysts suggest the move is a margin-driven decision to reallocate capacity to conventional DRAM, where shortages have led to higher operating margins. The drop is also attributed to profit-taking after a significant market run-up and a hawkish shift in interest rate expectations.

https://www.theglobeandmail.com/investing/markets/stocks/TER/pressreleases/2608792/applied-materials-teradyne-and-entegris-stocks-trade-down-what-you-need-to-know/

Applied Materials, Inc. Stock 12‑Month Price Target Raised to $549.34, Implies 14% Downside

Analysts have raised the average 12-month price target for Applied Materials, Inc. (AMAT) stock to $549.34, up from $543.72, with a range of $425 to $720. Despite the target increase, this new figure implies a potential 14% downside based on the June 22 closing price. The consensus rating from 39 analysts remains a "Buy," with 32 recommending Buy, 6 Hold, and 1 Sell.

https://www.tradingview.com/news/tradingview:3b452780b572a:0-applied-materials-inc-stock-12-month-price-target-raised-to-549-34-implies-14-downside/

Applied Materials, Teradyne, and Entegris Stocks Trade Down, What You Need To Know

Shares of Applied Materials, Teradyne, and Entegris along with other semiconductor stocks fell following a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion. While this news caused an initial sell-off due to fears of cooling AI demand, analysts suggest it's more about Hynix reallocating capacity to conventional DRAM for better margins, rather than an overall demand drop. The event also spurred profit-taking after a significant market run-up and coincided with a hawkish shift in interest rate expectations.

https://www.tradingview.com/news/stockstory:547e5d65e094b:0-applied-materials-teradyne-and-entegris-stocks-trade-down-what-you-need-to-know/

Applied Materials, Teradyne, and Entegris Stocks Trade Down, What You Need To Know

Shares of Applied Materials, Teradyne, and Entegris fell after a report indicated South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion, shaking the AI-chip sector. This downturn, which followed a parabolic run in the semiconductor market, is interpreted by some analysts as a margin story rather than a demand story, potentially presenting a buying opportunity. The market overreacted to the news, particularly affecting memory names, while logic-heavy Nvidia saw a smaller dip.

https://www.financialcontent.com/article/stockstory-2026-6-23-applied-materials-teradyne-and-entegris-stocks-trade-down-what-you-need-to-know

KLA Corp Stock (KLAC) Moved Down by 9.85% on Jun 23: Facts Behind the Movement

KLA Corp (KLAC) stock fell by 9.85% on June 23, driven by a global semiconductor sector sell-off, high valuation after its recent stock split, and insider selling. Geopolitical export controls to China are also expected to reduce the company's annual revenue. Technical indicators show strong sell signals for KLAC.

https://www.tradingkey.com/news/market-movers/261985447-market-movers-klac-20260623

Trending Today

Wix.com Ltd. ($WIX) Stock Forecast: Down 5.9% Today

CDW Corporation ($CDW) Stock Forecast: Up 5.3% Today

Corning Incorporated ($GLW) Stock Forecast: Down 7.5% Today

International Business Machines Corporation ($IBM) Stock Forecast: Up 5.9% Today

C.H. Robinson Worldwide Inc. ($CHRW) Stock Forecast: Down 5.1% Today

Credo Technology Group ($CRDO) Stock Forecast: Down 9.8% Today

Microchip Technology Incorporated ($MCHP) Stock Forecast: Down 8.5% Today

Analog Devices Inc. ($ADI) Stock Forecast: Down 8.4% Today

Xerox Corporation ($XRX) Stock Forecast: Up 5.1% Today

Carnival Corporation ($CCL) Stock Forecast: Down 5.1% Today

Applied Materials Inc. Price History

23.05.2026 - AMAT Stock was down 8.1%

• The acquisition of Modersys by TELEO Capital from Applied Materials potentially impacted future revenue streams, leading to a bearish sentiment as the company divested a business segment.
• Uncertainty in the market was observed due to central banks' caution on interest rates and a surge in AI sector valuations, negatively affecting AMAT's stock price.
• Despite Viavi Solutions' positive milestone and stock price climb, investor attention may have shifted towards other companies and market movements, sidelining Applied Materials and contributing to the bearish trend.
• Insider selling of 10,000 shares by an executive at Applied Materials potentially indicated a lack of confidence in the company's short-term performance, prompting investors to sell off AMAT shares.

17.05.2026 - AMAT Stock was up 5.1%

• The surge in Applied Materials stock was triggered by an increase in price targets by Citi, demonstrating market confidence in the AI sector's growth.
• Positive market sentiment towards AI stocks, such as Applied Materials, Lam Research, and KLA Corp., influenced the upward trend.
• Investor Dan Loeb's stake in KLA Corp., a prominent player in semiconductor manufacturing inspection and AI infrastructure, further fueled market optimism.
• The overall positive outlook for the AI sector and the semiconductor industry played a key role in driving the bullish movement in Applied Materials stock.

17.05.2026 - AMAT Stock was up 5.2%

• Applied Materials (AMAT) saw a significant bullish movement today due to various factors:
• The launch of SENZ, an integrated visual platform for smart glasses, highlighting the company's innovation and growth potential in the AI sector.
• Analysts increasing the 12-month price target for AMAT stock, despite a minor downside, signaling confidence in the company's future outlook.
• Positive market sentiment surrounding AMAT, driven by its strong Q2 fiscal 2026 earnings performance, showcasing revenue growth and profitability.
• The upward trend for AMAT may also be influenced by the favorable sentiment in the semiconductor industry, as evidenced by the company's partnerships with key industry players like GlobalFoundries and Qualcomm Technologies.

17.05.2026 - AMAT Stock was up 5.0%

• AMAT's bullish movement can be attributed to the strong demand for its solutions, particularly from the AI sector.
• The impressive Q2 fiscal 2026 earnings report, showing significant revenue and EPS growth, has further fueled investor confidence in the company's performance.
• With institutional investments and robust fundamentals, including a notable profit margin, AMAT's continued growth trajectory is supported, making it an attractive choice for investors.
• The positive sentiment surrounding AMAT contrasts with the institutional sell-off in another company, indicating a potential shift in investor preferences within the semiconductor industry.

17.05.2026 - AMAT Stock was up 5.2%

• AMAT stock showed notable bullish movement, potentially influenced by the release of SENZ, a comprehensive visual system for upcoming smart glasses. This new product is anticipated to expedite the progress and market introduction of AI-enabled smart glasses, showcasing AMAT's dedication to technological progress.
• The disclosure of billionaire Dan Loeb's investment in KLA Corp., a semiconductor manufacturing inspection firm, underlines the positive sentiment towards the semiconductor industry as a whole, potentially benefiting AMAT's stock performance.
• Despite the positive movement, analysts have raised AMAT stock's 12-month price target, while still foreseeing a 7% downside, signaling a cautious perspective. This caution could stem from possible market fluctuations or concerns regarding broader market conditions impacting the semiconductor sector.

12.05.2026 - AMAT Stock was up 7.6%

• The positive trajectory in AMAT's stock might be linked to the favorable developments within its industry and the semiconductor sector in general.
• The demonstration of AI automation applications by Teradyne Robotics at Automate could have generated optimism regarding the growing demand for semiconductor manufacturing equipment, which can benefit companies like AMAT.
• The surge in KLA Corporation's stock value preceding its upcoming stock split and the robust financial forecasts may have enhanced investor trust in the semiconductor industry, fostering a positive outlook for AMAT.
• SmartHarvest Portfolios LLC's substantial investment in Lam Research Corporation, alongside the optimistic sentiment towards semiconductor firms, likely had a ripple effect on AMAT, contributing to its bullish performance.

12.05.2026 - AMAT Stock was up 5.4%

• The surge in KLA Corporation's stock ahead of its 10-for-1 split may have boosted investor confidence in the semiconductor industry.
• SmartHarvest Portfolios LLC's significant investment in Lam Research Corporation could have created a positive sentiment in the semiconductor sector.
• Despite KLA Corporation's historical vulnerability during market shocks, the recent surge in its stock suggests a mix of optimism and caution among investors in the semiconductor market.
• The rise in Bradesco's shares and ADRs tracking the Brazilian market recovery potentially influenced investor confidence in semiconductor stocks like AMAT.

23.05.2026 - AMAT Stock was down 6.1%

• Today's decline in Applied Materials' stock is linked to a general decline in the semiconductor sector, influenced by adverse developments affecting companies such as SK Hynix, KLA Corp, and Western Digital.
• The halt in high-bandwidth memory expansion by South Korea's SK Hynix has rattled the AI-chip sector, causing an exaggerated market response that also impacted companies like Applied Materials.
• Concerns about elevated valuations, insider trading, and geopolitical trade restrictions impacting revenue have all contributed to the pessimistic market outlook surrounding semiconductor stocks, including Applied Materials.
• Despite the market downturn, some analysts see this as a potential opportunity to buy, suggesting that the market response may be more related to margins rather than demand, thus offering potential investment opportunities in the semiconductor sector.

23.05.2026 - AMAT Stock was down 7.3%

• Today's downturn in AMAT's stock value could be linked to investors taking profits following a period of strong growth.
• Concerns about the transfer of SmartFactory Rx™ from Applied Materials to TELEO Capital Management, LLC may have influenced investor sentiment.
• Investor attention might have shifted away from AMAT due to a collaboration in drone defense technology between Ondas Inc.'s subsidiary and Lockheed Martin, impacting the stock negatively.
• An upward revision of AMAT's price target by BofA Securities to $720 from $540 suggests optimism for AMAT's future performance, indicating that the current decline may be temporary.

11.05.2026 - AMAT Stock was up 7.1%

• The bullish movement in AMAT's stock can be attributed to the broader sector-wide rally in semiconductor equipment stocks, as seen with companies like Ichor Holdings and Teradyne also experiencing significant gains.
• The positive momentum in the semiconductor industry was primarily driven by optimism about future demand and capital spending, as well as positive analyst upgrades for memory chip makers.
• The increase in institutional buying and potential reassessment of valuations or growth prospects in the chip equipment space likely contributed to the surge in AMAT's stock price.
• The anticipation of a positive impact from the upcoming Section 232 solar tariff determination, as highlighted by an investment firm raising the price target for First Solar, could have also positively influenced the sentiment towards semiconductor stocks like AMAT.

11.05.2026 - AMAT Stock was up 6.0%

• Applied Materials Inc. is a leading provider of equipment, services, and software to the semiconductor industry. The company's products are crucial for the fabrication of integrated circuits, flat panel displays, and solar photovoltaic cells. Today, AMAT experienced a strong bullish movement in the market.
• The bullish movement in AMAT's stock could be attributed to the positive sentiment surrounding semiconductor companies and the overall tech sector.
• The increased demand for advanced chips, as highlighted in the recent developments in another company benefiting from the AI boom, likely spilled over to companies like Applied Materials Inc.
• The raised price target for First Solar Inc. by UBS, based on expected positive outcomes from the upcoming solar tariff determination, might have boosted investor confidence in the semiconductor equipment industry as a whole.
• As the semiconductor industry continues to innovate and grow, companies like AMAT stand to benefit from the increasing complexity of chip designs and the overall technological advancements driving the market forward.

23.05.2026 - AMAT Stock was down 6.6%

• The bearish movement in AMAT stock can be attributed to concerns about cooling AI demand sparked by developments in South Korea's SK Hynix slowing its high-bandwidth memory (HBM) expansion.
• Analysts suggest that the sell-off may have been driven by Hynix's decision to reallocate capacity to conventional DRAM for better margins, rather than a sign of decreased overall demand for AI chips.
• Profit-taking following a significant market run-up and changing interest rate expectations are also seen as possible contributors to the stock's downturn.
• Despite the negative movement, some analysts see this as a potential buying opportunity, believing that the market may have overreacted to the news, particularly impacting memory-related stocks like AMAT.