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AMAT stock drops 48%, seen as rare buy with 66% upside amid strong AI chip demand.

Analyst Insights
25 Oct 2026
Seeking Alpha
View Source
Bullish
AMAT stock drops 48%, seen as rare buy with 66% upside amid strong AI chip demand.

Applied Materials (AMAT) shares have fallen about 48% from their all-time high, presenting a rare buying opportunity with potential upside over 60%. The company benefits from robust AI-driven semiconductor demand and ongoing supply shortages expected through 2030. AMAT recently reported a 25% revenue increase, margin expansion, and over 40% earnings growth, alongside positive guidance for Q4. Wall Street analysts see strong growth potential, reinforcing bullish sentiment on AMAT's core business in semiconductor equipment.

Applied Materials (AMAT) shares trade at USD 377.24 on Pluang as of Oct 25, 2026 20:51 WIB, showing a modest 0.44% increase in the past day. The stock remains well below its 52-week high of USD 723.00, reflecting a significant pullback from its peak. Pluang investors currently hold AMAT for an average of 67 days, indicating a medium-term interest in the stock amid ongoing market developments.

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