This week marks the 25th anniversary of the global stock market crash caused by the dot-com bubble burst in March 2000. Despite this historic downturn, technology stocks have remained dominant. In recent years, fueled by the AI trade, they have experienced significant growth. However, concerns of a new bubble have emerged. Goldman Sachs highlights the robust valuations and solid fundamentals of today's tech leaders, contrasting with the speculative nature of the early 2000s. They emphasize that current enthusiasm is supported by strong profits, dismissing bubble fears.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 32 analysts, the average target price for Applied Materials Inc (AMAT, Financial) is $207.11 with a high estimate of $250.00 and a low estimate of $164.00. The average target implies an upside of 41.84% from the current price of $146.02. More detailed estimate data can be found on the Applied Materials Inc (AMAT) Forecast page.
Based on the consensus recommendation from 35 brokerage firms, Applied Materials Inc's (AMAT, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Applied Materials Inc (AMAT, Financial) in one year is $167.45, suggesting a upside of 14.68% from the current price of $146.015. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Applied Materials Inc (AMAT) Summary page.
