Do Wall Street Analysts Like Applied Materials Stock?

Santa Clara, California-based Applied Materials, Inc. (AMAT) provides manufacturing equipment, services and software to the semiconductor, display and related industries. With a market cap of $146.8 billion, Applied Materials operates through Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets segments.

Applied Materials has significantly underperformed the broader market over the past year. AMAT stock has gained 8.4% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 22.8% surge over the same time frame. However, AMAT stock has soared 12.4% on a YTD basis outpacing SPX’s 3.4% gains in 2025.