Applied Materials (AMAT) stock slips after hours despite Susquehanna upgrade and new $325 target
NEW YORK, Jan 13, 2026, 6:58 PM EST — Trading after the bell Applied Materials shares dropped 0.8% Tuesday, closing at $304.87 after reaching $310.61 during the day. In after-hours trading, the stock barely moved despite new bullish ratings from Wall Street. Timing is key. Applied has turned into a high-beta bet on the next phase of semiconductor factory investments, with its stock reacting sharply to even minor shifts in sentiment about tool orders and customer budgets. Susquehanna’s Mehdi Hosseini upgraded Applied to “Positive” from “Neutral,” boosting his price target sharply to $400 from $180, according to TheFly. Hosseini cited