Applied Materials Inc AMAT is up 39.48% over the past year, and 28.21% year-to-date.Let’s look at what the charts indicate for the company’s stock ahead of third-quarter earnings, set to be released on Thursday after market hours.Bearish Trend With Buying PressureApplied Materials’ stock is exhibiting a mixed technical picture. The current share price of $201.21 is below its five, 20 and 50-day exponential moving averages, indicating a strongly bearish trend. Despite this, Applied Materials’ stock is showin ...

RADNOR, Pa., Aug. 14, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Applied Materials, Inc. (NASDAQ: AMAT) ("Applied Materials").On November 16, 2023, Reuters reported that Applied Materials was under criminal investigation by the U.S. Justice Department for potentially evading export restrictions on China's top chipmaker, SMIC.  On this news, Applied Materials' s ...

Applied Materials (AMAT) is scheduled to report third-quarter fiscal 2024 results on Aug 15.For the fiscal third quarter, AMAT expects net sales of $6.65 billion (+/-$400 million). The Zacks Consensus Estimate for revenues is pegged at $6.67 billion, suggesting a rise of 3.8% from the year-ago quarter’s reading.Applied Materials projects non-GAAP earnings of $1.83-$2.19 per share. The Zacks Consensus Estimate for earnings is pinned at $2.01 per share, indicating growth of 5.8% from the year-ago quarter’s re ...

Before considering which semiconductor stocks to buy on the dip, it’s important to understand why chip stocks have been falling since the beginning of July. Consider three intertwined reasons. First, recession concerns are back. The latest job numbers show a tightening labor market, and the July reading on inflation is due the week of August 12. Global markets are starting to believe that the U.S. Federal Reserve won’t be able to cut interest rates quickly enough to prevent a recession. Geopolitical concern ...

Analysts on Wall Street project that Applied Materials (AMAT) will announce quarterly earnings of $2.01 per share in its forthcoming report, representing an increase of 5.8% year over year. Revenues are projected to reach $6.67 billion, increasing 3.8% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a com ...

  Analyst Estimates for Q3 2024 Q2 2024 Q3 2023Revenue $6.69 billion $6.65 billion $6.43 billionDiluted Earnings Per Share $2 $2.06 $1.85Net Income $1.67 billion $1.72 billion $1.56 billion Key Metrics: China Sales Applied Materials will report how much of its sales came from the China market, which could provide investors greater insight into how geopolitical tensions and potentially tighter curbs on exports to China could affect the company. Analysts anticipate revenue for the China region will be $2.3 ...

The semiconductor industry that suffered in 2023 is making a steady recovery this year. The Semiconductor Industry Association (SIA) said on Aug 5 that global semiconductor sales totaled $50.0 billion, up 1.7% month over month from May’s total of $49.1 billion.Semiconductor Sales Rebound on Higher DemandThe report also mentioned that sales totaled $149.9 billion in the second quarter, reflecting an 18.3% year-over-year jump and a 6.5% rise from the first quarter.Regionally, year-over-year semiconductor sale ...

SANTA CLARA, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its third quarter of fiscal 2024 financial results on Thursday, Aug. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering ...

SANTA CLARA, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its third quarter of fiscal 2024 financial results on Thursday, Aug. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering ...

GERMANY - 2024/04/03: In this photo illustration, an Applied Materials, Inc logo seen displayed on a ... [+] tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesApplied Materials stock has had a solid year thus far, rising by about 31% year-to-date. In comparison, Applied’s semiconductor industry peer Texas Instruments stock has gained about 21% over the same period. Applied is set to report its Q3 FY’24 results around August 15 and ...