Applied Materials (NASDAQ:AMAT) Shares Gap Up - Time to Buy?

Market Beat
2025.09.19 16:19
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Applied Materials (NASDAQ:AMAT) shares gapped up from $178.13 to $188.00, closing at $190.44 with a trading volume of 3.27 million. Analysts have mixed views, with Wolfe Research and TD Cowen lowering their price targets to $200.00 while maintaining positive ratings. The company reported Q3 earnings of $2.48 EPS, exceeding estimates, and announced a quarterly dividend of $0.46. Institutional investors have increased their stakes significantly, indicating strong interest in the stock.