With a net profit margin of 29.31%, Applied Materials, Inc. (NASDAQ:AMAT) is included among the 12 Most Profitable American Stocks to Buy in 2026.
Applied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world.
On June 10, UBS **** yst Timothy Arcuri upped the firm's price recommendation on Applied Materials, Inc. (NASDAQ:AMAT) from $515 to $570, while maintaining a 'Buy' rating on the shares.
Similarly, a day later, Barclays also raised its price target on Applied Materials, Inc. (NASDAQ:AMAT) by $90 and kept an 'Overweight' rating on the shares (read more details here).
Applied Materials delivered record revenue and earnings, along with its highest gross margin in more than 25 years, in the second quarter of 2026. The company expects its semiconductor equipment business to grow more than 30% and the semiconductor equipment business more than 20% this calendar year. AMAT is targeting a revenue of $8.95 billion, plus or minus $500 million, and adjusted EPS of $3.36, plus or minus $0.20, for the third quarter.
Applied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world.
On June 10, UBS **** yst Timothy Arcuri upped the firm's price recommendation on Applied Materials, Inc. (NASDAQ:AMAT) from $515 to $570, while maintaining a 'Buy' rating on the shares.
Similarly, a day later, Barclays also raised its price target on Applied Materials, Inc. (NASDAQ:AMAT) by $90 and kept an 'Overweight' rating on the shares (read more details here).
Applied Materials delivered record revenue and earnings, along with its highest gross margin in more than 25 years, in the second quarter of 2026. The company expects its semiconductor equipment business to grow more than 30% and the semiconductor equipment business more than 20% this calendar year. AMAT is targeting a revenue of $8.95 billion, plus or minus $500 million, and adjusted EPS of $3.36, plus or minus $0.20, for the third quarter.
3 months ago
