Is It Too Late To Consider Applied Materials (AMAT) After Its Strong 1 Year Rally?

2026-04-10 01:59:36

This article analyzes whether Applied Materials (AMAT) is still a valuable investment after its significant rally, trading at US$361.79. Using a Discounted Cash Flow (DCF) model, the stock appears overvalued by 107.3%, estimating an intrinsic value of $174.56 per share. However, its P/E ratio of 36.63x, which is below the industry average and Simply Wall St’s Fair Ratio of 40.44x, suggests it might be undervalued on that metric. The article also presents bullish and bearish narratives for AMAT, with fair values ranging from US$470.00 to US$194.11, depending on assumptions about future growth and market conditions.

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