Added to YB: 2026-01-09
Pitch date: 2026-01-07
AMAT [bullish]
Applied Materials, Inc.
-3.12%
current return
Author Info
No bio for this author
Company Info
Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.
Market Cap
$231.7B
Pitch Price
$290.70
Price Target
N/A
Dividend
0.63%
EV/EBITDA
25.73
P/E
33.74
EV/Sales
8.11
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Deep Dive: Applied Materials (AMAT)
AMAT (added to position): Semiconductor equipment leader benefiting from AI chip complexity requiring more process steps. Trading at 26x forward P/E after 80% run-up. FY25 revenue $28.4B (+4% YoY), 48.8% gross margins, strong FCF $5.7B. Risks: China export controls (-$600M FY26), cyclical downturn, competition. Bull case: structural complexity compounder as chips need more layers/materials.
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