Applied Materials Inc. ($AMAT) Stock Forecast: Down 9.0% Today

What is Applied Materials Inc.?

Applied Materials (AMAT) is currently facing a significant decline in the market amidst its position as a prominent semiconductor equipment company.

Why is Applied Materials Inc. going down?

AMAT stock is down 9.0% on Jun 5, 2026 19:03

• The downward trend in Applied Materials' stock price is linked to a widespread chip sell-off globally, sparked by Broadcom's unsatisfactory earnings outlook and apprehensions regarding AI chip expenses.
• The unexpectedly robust employment figures may have also influenced the decrease by tempering expectations for imminent interest rate cuts, impacting semiconductor firms such as AMAT.
• Despite the ongoing downturn, the market's instability might offer investment prospects for individuals considering high-quality stocks within the semiconductor industry, like Applied Materials.

AMAT Price Chart

AMAT Technical Analysis

AMAT News

Applied Materials, Lam Research, and Nova Stocks Trade Down, What You Need To Know

Semiconductor stocks, including Applied Materials (AMAT), Lam Research (LRCX), and Nova (NVMI), experienced a significant downturn following Broadcom's disappointing earnings guidance and a stronger-than-expected jobs report. This combination fueled a global chip selloff by resetting expectations for AI chip spending and reducing hopes for near-term interest rate cuts. Despite the volatility, large price drops can sometimes present buying opportunities for high-quality stocks.

https://www.theglobeandmail.com/investing/markets/stocks/LRCX/pressreleases/2330585/applied-materials-lam-research-and-nova-stocks-trade-down-what-you-need-to-know/

JPMorgan Raises its Price Target on Analog Devices (ADI)

JPMorgan increased its price target on Analog Devices (ADI) to $450 from $400, maintaining an Overweight rating, following a strong earnings beat and raise, and named it a top pick in diversified semiconductors. Raymond James also raised its price target to $430, citing strong Q2 results, accelerating AI-driven data center demand, and the acquisition of Empower Semiconductor. Analog Devices reported Q2 adjusted EPS of $3.09 and revenue of $3.62 billion, exceeding consensus estimates.

https://www.insidermonkey.com/blog/jpmorgan-raises-its-price-target-on-analog-devices-adi-1775549/

Entegris and KLA Corporation Stocks Trade Down, What You Need To Know

Semiconductor manufacturing companies Entegris (NASDAQ: ENTG) and KLA Corporation (NASDAQ: KLAC) both saw their stock prices fall significantly. This decline is attributed to a broad global chip selloff driven by Broadcom's earnings guidance missing expectations, which reset assumptions for AI chip spending, and a stronger-than-expected jobs report that reduced hopes for near-term interest rate cuts. The market is highly sensitive to these macroeconomic factors, especially for semiconductor valuations built on aggressive multi-year earnings assumptions.

https://www.theglobeandmail.com/investing/markets/stocks/ENTG/pressreleases/2328675/entegris-and-kla-corporation-stocks-trade-down-what-you-need-to-know/

Applied Materials (AMAT) Continues Its Bull Run as Analyst Sees More Upside

Applied Materials (AMAT) is experiencing a bull run fueled by robust AI demand, expecting its semiconductor equipment business to grow over 30% in 2026. Goldman Sachs holds a significant stake in AMAT, and analysts like Mizuho's Vijay Rakesh have raised price targets, citing underestimated earnings due to increased wafer fab equipment spending and key partnerships with companies like TSMC. The company is actively innovating in materials engineering to support next-generation chips and energy-efficient data centers, positioning itself strongly in the evolving AI landscape.

https://www.insidermonkey.com/blog/applied-materials-amat-continues-its-bull-run-as-analyst-sees-more-upside-1775350/

Applied Materials Stock Up 12% in One Week, Wait For A Dip To Buy The Stock

The article discusses the recent price performance of Applied Materials stock, noting a 12% increase within one week. It suggests that potential investors should wait for a dip in the stock price before making a purchase. The content is very short and predominantly navigation and legal disclaimers.

https://www.trefis.com/data/companies/AMAT/no-login-required/wPVVqPLE/Applied-Materials-Stock-Up-12-in-One-Week-Wait-For-A-Dip-To-Buy-The-Stock

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Applied Materials Inc. Price History

12.04.2026 - AMAT Stock was down 5.2%

• Despite an increase in its price target, Applied Materials saw a bearish movement in the stock.
• A partnership in oil-free air compression technology by other companies could have diverted investor attention from Applied Materials temporarily.
• Conflicting analyst views on technology companies, including Applied Materials, might have played a role in the stock's bearish movement.
• A competitor's stock buyback in the semiconductor industry could have negatively affected market sentiment towards Applied Materials.

12.04.2026 - AMAT Stock was down 5.7%

• The broader sell-off in the chipmaker industry, as evidenced by another company's substantial decline, likely influenced AMAT's bearish movement.
• The shift towards risk aversion in semiconductor stocks following a notable U.S. consumer price inflation update could have further impacted AMAT's stock.
• Reports of a collaboration between TSMC and Applied Materials to advance semiconductor technology may have raised concerns about competition or market conditions, affecting investor confidence in AMAT.
• Despite an optimistic price target revision for AMAT, market conditions and industry-specific developments appear to have overshadowed this upgrade, resulting in the stock's negative movement.

12.04.2026 - AMAT Stock was down 5.4%

• The decline in AMAT's stock price today may be linked to investors taking profits following a recent uptrend in the market.
• Despite the announcement of a partnership with TSMC aimed at improving semiconductor technology, market reaction may have been influenced by short-term trading factors.
• Varying analyst perspectives on AMAT's stock could be contributing to the uncertainty and volatility witnessed, potentially impacting the bearish trend.
• In the larger framework, AMAT's future prospects appear promising due to the growing need for semiconductor equipment and the company's strategic collaborations within the industry.

02.05.2026 - AMAT Stock was up 5.1%

• AMAT stock surged by 4.01% on June 2, supported by strong quarterly results and positive future guidance.
• Intel's CEO highlighted collaboration with TSMC, a key player in chip production, suggesting a favorable industry outlook for semiconductor companies like Applied Materials.
• Analysts at TD Cowen reiterated a Buy rating on Applied Materials, demonstrating confidence in the company's performance and future prospects.
• The record high stock price of Lam Research (LRCX) and the changing geopolitical landscape in the semiconductor industry may have also contributed to the positive sentiment surrounding Applied Materials, Inc.

02.05.2026 - AMAT Stock was up 6.2%

• AMAT's stock price surged by 4.01% on June 2, driven by:
• Strong quarterly results exceeding expectations and optimistic future guidance.
• Positive analyst ratings and price targets, including a reiterated Buy rating from TD Cowen.
• Favorable industry dynamics with booming demand for AI chips and 5G technology.
• The company's broad involvement across semiconductor manufacturing processes positions it well for growth, highlighted by its role in manufacturing critical AI chip components.
• A key player expanding in the 'Physical AI' space indicates the competitive landscape in the semiconductor industry.
• Despite insider selling and trading near its 52-week high, AMAT's positive outlook and strong market position continue to attract investor interest and drive the bullish movement in its stock price.

02.05.2026 - AMAT Stock was up 5.6%

• The acquisition of Synopsys' ARC Processor IP Solutions business by GlobalFoundries (GFS) and its integration into MIPS within GF’s Physical AI portfolio could have positively impacted AMAT's bullish movement, signaling increased collaboration and innovation within the semiconductor industry.
• The strong performance of Lam Research Corporation, as evidenced by increased stake purchases by 3Chopt Investment Partners LLC and other major funds, could have contributed to a positive sentiment in the semiconductor sector, benefiting companies like AMAT.
• Observations regarding AMAT's struggle to keep up with demand for semiconductor manufacturing equipment, especially memory machines, might have highlighted the company's growth potential and future prospects, driving investor confidence and interest in AMAT's stock.
• The oversubscribed offering of common stock by Amtech Systems, Inc. to raise funds for accelerating growth in semiconductor-related platforms could have also reflected positively on the overall semiconductor industry, potentially boosting investor optimism towards companies like AMAT.

20.04.2026 - AMAT Stock was up 5.5%

• Applied Materials (AMAT) experienced a strong bullish movement today, likely driven by positive news and market sentiment surrounding the company.
• Analysts and investors are closely watching the semiconductor industry, particularly companies like Nordson, KLA, Lam Research, and Applied Materials, for insights into market trends and growth opportunities.
• The partnership between Applied Materials and Broadcom to develop advanced chip packaging technologies for AI systems could have contributed to the bullish movement, showcasing the company's commitment to innovation and collaboration in a competitive market.
• Overall, the positive forecasts, strong quarterly results, and strategic partnerships in the semiconductor sector are likely factors behind Applied Materials' bullish performance today.

03.05.2026 - AMAT Stock was up 5.2%

• A significant increase in stake in Lam Research Corporation by CIBC Asset Management Inc. could have positively influenced investor sentiment towards semiconductor stocks, including Applied Materials.
• The surge in semiconductor equipment stocks, particularly due to the announcement of the next-gen Vera Rubin GPU entering full production, likely boosted confidence in the sector and propelled AMAT's stock price higher.
• Applied Materials' plans to hire more chip talent in Southeast Asia indicate the company's commitment to expanding its operations and staying competitive in the global market, which could have contributed to the positive market movement.
• Despite concerns about overvaluation and insider selling, the overall positive industry developments and investor interest in products like UBS's Autocallable Contingent-Yield Notes linked to Applied Materials common stock may have outweighed these factors, leading to the bullish movement in AMAT's stock price.

05.05.2026 - AMAT Stock was down 5.7%

• Despite the overall bullish sentiment surrounding Applied Materials, the stock experienced a bearish movement today.
• The recent surge in AMAT's stock price, up 12% in one week, may have prompted profit-taking by traders, leading to the bearish movement.
• Additionally, the split in semiconductor investments between traders and long-term investors, as highlighted in the ETF flows data, could have influenced the short-term bearish trend in AMAT.
• Investors might be waiting for a dip in the stock price before entering new positions, contributing to the downward movement.

05.05.2026 - AMAT Stock was down 9.0%

• The downward trend in Applied Materials' stock price is linked to a widespread chip sell-off globally, sparked by Broadcom's unsatisfactory earnings outlook and apprehensions regarding AI chip expenses.
• The unexpectedly robust employment figures may have also influenced the decrease by tempering expectations for imminent interest rate cuts, impacting semiconductor firms such as AMAT.
• Despite the ongoing downturn, the market's instability might offer investment prospects for individuals considering high-quality stocks within the semiconductor industry, like Applied Materials.

08.04.2026 - AMAT Stock was up 6.4%

• Analysts are increasingly optimistic about the semiconductor industry, particularly companies like Lam Research (LRCX) and Applied Materials Inc (AMAT), attributing the bullish movement to strong earnings performance, positive outlook, and strategic acquisitions.
• Applied Materials' acquisition of ASMPT's NEXX business, aimed at enhancing its AI chip packaging capabilities, has garnered positive attention from analysts, further boosting investor confidence in the stock.
• The overall bullish trend in US stocks, driven by various sectors including technology, small caps, and emerging markets, has created a favorable market environment for semiconductor companies like AMAT to thrive and expand their market presence.
• The accelerated demand for optical solutions, especially in the AI infrastructure segment, as seen in Coherent's record quarter, indicates a growing market for semiconductor-related technologies, benefiting companies like Applied Materials Inc.

20.04.2026 - AMAT Stock was up 5.1%

• Analysts' growing optimism towards the semiconductor sector, including a favorable forecast for KLA (NASDAQ: KLAC) stock price, may have boosted market confidence, benefiting Applied Materials.
• The collaboration between Applied Materials and Broadcom to enhance chip packaging technologies for next-gen AI systems likely attracted investors' attention and bolstered faith in the company's future growth potential.
• While some institutional investors reduced their holdings in Applied Materials, positive quarterly results, an increased dividend, and robust guidance probably helped reassure stakeholders and analysts, contributing to the uptrend in the stock price.