Applied Materials stock price slipped 0.7% in after-hours trading, as investors weighed softer guidance for Q1 2025 revenue. Analysts caution that seasonal demand slowdown might limit short-term upside, despite long-term AI-driven wafer demand prospects. Bearish analysts, including Goldman Sachs, have lowered their price targets and moved to neutral or hold ratings, citing ongoing demand headwinds and uncertainty around the recovery in China. Get this delivered to your inbox, and more info about our products and services. Applied Materials stock price hovered at $225.80 as markets awaited U.S. inflation data. Stable CPI readings could lower rate-hike risks, benefiting capital-intensive semiconductor equipment producers.