Applied Materials, Inc. (NASDAQ: AMAT) is a leading company in the semiconductor industry, providing equipment, services, and software for the manufacturing of semiconductor chips. The company plays a crucial role in the electronics supply chain, serving major tech companies worldwide. Competitors include Lam Research and KLA Corporation, both of which are key players in the semiconductor equipment market.
On January 11, 2026, Susquehanna set a price target of $400 for AMAT, indicating a potential upside of approximately 32.81% from its current trading price of $301.18. This bullish sentiment is further supported by Susquehanna's upgrade of AMAT shares from Neutral to Positive, reflecting increased confidence in the company's future performance.
FengHe Fund Management Pte. Ltd. has shown confidence in AMAT by acquiring 97,500 shares, valued at approximately $19.96 million. This acquisition makes AMAT about 1.8% of FengHe's investment portfolio, ranking as its 23rd largest position. Such investments highlight the growing interest and positive outlook from institutional investors.
Other significant investors have also adjusted their holdings in AMAT. Parnassus Investments LLC increased its stake by 12.6%, acquiring an additional 422,231 shares, bringing its total to 3,761,185 shares valued at $770 million. Similarly, MASTERINVEST Kapitalanlage GmbH expanded its holdings by 8.8%, further indicating strong institutional support for AMAT.
Currently, AMAT's stock is priced at $301.18, reflecting a 6.94% increase or $19.54. The stock has fluctuated between $286.50 and $302.75 today, with a 52-week high of $302.78 and a low of $123.74. With a market capitalization of approximately $239.93 billion and a trading volume of 9,427,640 shares, AMAT remains a significant player on the NASDAQ exchange.
