On June 6, 2025, Morgan Stanley upgraded its outlook for Applied Materials (WBAG:AMAT) from Underweight to Equal-Weight. The average one-year price target for Applied Materials is €177.92/share, suggesting a potential upside of 20.07% from its latest closing price of €148.18/share.
Projected annual revenue for Applied Materials is €27,429MM, down 2.35%, with a projected non-GAAP EPS of €8.58. Institutional ownership saw a decrease, with 3,505 funds reporting positions in AMAT, down by 100 (2.77%) from the previous quarter.
Significant institutional shareholders include Vanguard Total Stock Market Index Fund with 25,656K shares (3.20% ownership), Vanguard 500 Index Fund at 22,582K shares (2.81% ownership), and Geode Capital Management holding 20,619K shares (2.57% ownership).
