Professional
Added to YB: 2026-08-17
Pitch date: 2026-07-16
AMAT [neutral]
Applied Materials, Inc.
-4.74%
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
$402.7B
Pitch Price
$532.40
Price Target
N/A
Dividend
0.42%
EV/EBITDA
39.39
P/E
43.75
EV/Sales
12.97
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Ironvine Capital Partners Portfolio Holding: Applied Materials, Inc.
AMAT (trimmed position): Underwrote spring 2024 vs $1T 2030 semi rev consensus; now $1.7T possible in 2026 on memory surge. Anthropic ARR $1B→$70B. Stock now prices in 2027-28 capex as baseline vs prior optionality. As hyperscaler FCF turns negative, returns depend on external capital risk appetite. Lowering exposure.
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