Key facts: Applied Materials shares rise 1% on Jefferies upgrade; $1.7B in obligations

In premarket trading, Applied Materials (AMAT) shares rose about 1% after Jefferies upgraded the stock, citing strong AI-driven demand for semiconductor equipment.1Applied Materials has $1.7 billion in unsatisfied performance obligations, with 53% expected to be recognized within the next 12 months, despite a downward trend in contract liabilities.2

Chip equipment manufacturer Applied Materials rose over 2% in pre-market trading, as Wells Fargo raised the company's target price from $255 to $290

BUZZ-Applied Materials rises; Wells Fargo lifts PT

Chip equipment maker Applied Materials’shares rise 2.2% to $264.78 premarketWells Fargo raises PT to $290 from $255, implying an upside of 9.7% to stock’s last closeBrokerage says that while contract liabilities and performance obligations are trending down, 53% of $1.7 bln in unsatisfied performance obligations is expected to be recognized within 12 monthsAverage rating of 34 analysts is “buy,” their median PT is $260 - data compiled by LSEGUp to last close, stock has risen 62.6% this year

U.S. RESEARCH ROUNDUP-Applied Materials, Coca-Cola, Glacier Bancorp

Wall Street analysts revised ratings and price targets for several U.S.-listed companies, including Applied Materials, Coca-Cola, and Glacier Bancorp. Notable changes include Jefferies raising Applied Materials' target price to $360, Piper Sandler increasing Coca-Cola's target to $87, and KBW upgrading Glacier Bancorp to outperform. Other companies with revised targets include AMC Networks, Atlantic Union Bankshares, and Chevron, among others.

Applied Materials (AMAT) Net Margin Decline Tests Bullish Long‑Term Growth Narrative After FY 2025 Results

Applied Materials closed FY 2025 with Q4 revenue of $6.8 billion and EPS of $2.39. Net margin declined to 24.7% from 26.4% a year ago, despite leadership in advanced packaging. Analysts forecast profit margins to reach 28.3% in three years, with earnings growing 8.7% annually. Current P/E is 29.4, above DCF fair value of $157.55, raising concerns about valuation premium amid mid single-digit growth.