Semiconductor firm Applied Materials (AMAT) released guidance for its fourth quarter of Fiscal Year 2025, which showed a 4.9% decline in revenue and a 9% drop in adjusted earnings per share compared to the same period last year.

Applied Materials stock tumbled after reporting a strong Q3 but disappointed in terms of guidance. Here’s how analysts recommend playing AMAT shares here.

Shares of Applied Materials (AMAT) are gapping lower after the company shared a downbeat fiscal fourth-quarter forecast