Applied Materials, Inc. (AMAT)
NASDAQ:AMAT
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AMAT Stock Chart & Stats
$396.94
-$1.13(-0.64%)
At close: 4:00 PM EST
$396.94
-$1.13(-0.64%)
Day’s Range― - ―
52-Week Range$154.47 - $525.98
Previous CloseN/A
Volume1.32M
Average Volume (3M)7.87M
Market Cap
$394.61B
Enterprise Value$357.48B
Total Cash (Recent Filing)$8.24B
Total Debt (Recent Filing)$6.46B
Price to Earnings (P/E)46.4
Beta1.70
Next Earnings
Aug 13, 2026EPS Estimate
3.36Next Dividend Ex-DateN/A
Dividend Yield0.69%
Share Statistics
EPS (TTM)10.69
Shares Outstanding793,959,400
10 Day Avg. Volume8,154,350
30 Day Avg. Volume7,874,090
Financial Highlights & Ratios
PEG Ratio76.90
Price to Book (P/B)9.11
Price to Sales (P/S)6.56
P/FCF Ratio32.64
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue12.32
Enterprise Value/Gross Profit25.16
Enterprise Value/Ebitda33.45
Forecast
1Y Price Target
$535.81Price Target Upside34.99% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering29
EPS Forecast (FY)12.21
Revenue Forecast (FY)$33.27B
Bulls Say, Bears Say
Bulls Say
High Profitability & MarginsSustained high gross and net margins, coupled with improving TTM net income, reflect durable pricing power and operating leverage in capital equipment and services. Strong margins support reinvestment, R&D and returns, cushioning earnings through semiconductor cycle variability.
Recurring Services Growth (AGS)Growing Applied Global Services revenue from a large installed base creates recurring, higher-margin revenue that is less cyclical than tool sales. Mid-teens AGS growth and record AGS revenue indicate durable aftermarket monetization and predictable cash flow over multi-quarter horizons.
Technology Leadership & PartnershipsDeep process leadership (etch, ALD, Sym3) plus strategic co-development with leading foundries and memory customers institutionalizes product adoption. EPIC partnerships and rapid product ramps reduce commercialization risk and sustain long-term share in advanced nodes and packaging.
Bears Say
Cyclical End-market & Digestion In ICAPSSignificant exposure to cyclical wafer fab spending leaves revenue growth dependent on capital cycles. A digestion period in ICAPS implies subdued near-term equipment demand for that segment, increasing earnings volatility and making top-line expansion less certain over the next several quarters.
High Capital Intensity Pressures FCFMaterial capex to expand capacity and support new product ramps compresses near-term free cash flow despite strong operating profits. Sustained high reinvestment needs limit discretionary cash for share buybacks/dividends and increase sensitivity of cash returns to execution and cycle timing.
Geopolitical / China ExposureA meaningful revenue share from China creates structural regulatory and export-control risk. Restrictions or customer access limits could materially shift addressable demand and push customers toward localized suppliers, posing a sustained headwind to growth and supply-chain planning.
Applied Materials News
AMAT FAQ
What was Applied Materials, Inc.’s price range in the past 12 months?
Applied Materials, Inc. lowest stock price was $154.47 and its highest was $525.98 in the past 12 months.
What is Applied Materials, Inc.’s market cap?
Applied Materials, Inc.’s market cap is $394.61B.
When is Applied Materials, Inc.’s upcoming earnings report date?
Applied Materials, Inc.’s upcoming earnings report date is Aug 13, 2026 which is in 63 days.
How were Applied Materials, Inc.’s earnings last quarter?
Applied Materials, Inc. released its earnings results on May 14, 2026. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18.
Is Applied Materials, Inc. overvalued?
According to Wall Street analysts Applied Materials, Inc.’s price is currently Undervalued.
Does Applied Materials, Inc. pay dividends?
Applied Materials, Inc. pays a Quarterly dividend of $0.53 which represents an annual dividend yield of 0.69%. See more information on Applied Materials, Inc. dividends here
What is Applied Materials, Inc.’s EPS estimate?
Applied Materials, Inc.’s EPS estimate is 3.36.
How many shares outstanding does Applied Materials, Inc. have?
Applied Materials, Inc. has 793,959,400 shares outstanding.
What happened to Applied Materials, Inc.’s price movement after its last earnings report?
Applied Materials, Inc. reported an EPS of $2.86 in its last earnings report, beating expectations of $2.68. Following the earnings report the stock price went down -0.895%.
Which hedge fund is a major shareholder of Applied Materials, Inc.?
Currently, no hedge funds are holding shares in AMAT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Applied Materials Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$535.81 (34.99% Upside)
$535.81 (34.99% Upside)
Blogger Sentiment
Bullish
AMAT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 4.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 10.7%
Last 30 Days ▲ 10.7%
News Sentiment
Bullish
Bullish news 79%
Bearish news 24%
Bearish news 24%
Technicals
SMA
Positive
20 days / 200 days
Momentum
188.11%
12-Months-Change
Fundamentals
Return on Equity
39.78%
Trailing 12-Months
Asset Growth
19.78%
Trailing 12-Months
Company Description
Applied Materials, Inc.
Applied Materials, Inc. is a prominent provider of crucial manufacturing equipment, associated services, and software solutions. These offerings primarily cater to the semiconductor, display, and related high-technology industries. The company organizes its activities into three principal business segments: 1. Semiconductor Systems: This division is dedicated to the development, production, and sale of sophisticated manufacturing tools essential for fabricating semiconductor chips, also known as integrated circuits. Its comprehensive suite of technologies includes epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal processes, in addition to precision metrology and inspection instruments. 2. Applied Global Services: This segment delivers integrated solutions aimed at maximizing the performance and productivity of manufacturing facilities and their equipment. Its services encompass providing spare parts, system upgrades, maintenance support, refurbished older-generation equipment, and advanced factory automation software for semiconductor, display, and other product lines. 3. Display and Adjacent Markets: This unit focuses on supplying products for the creation of various display technologies. This includes manufacturing solutions for liquid crystal displays (LCDs), organic light-emitting diodes (OLEDs), and other display types, which are integral to a broad spectrum of consumer electronics such as televisions, computer monitors, laptops, personal computers, electronic tablets, and smartphones. Founded in 1967, Applied Materials, Inc. maintains its corporate headquarters in Santa Clara, California. The company boasts a significant international presence, conducting operations across the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.
AMAT Company Deck
AMAT Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strongly positive operating picture: record revenue, record EPS, expanding gross and operating margins, robust segment growth (Semiconductor Systems, DRAM, AGS) and confident forward guidance (Q3 and calendar 2026 equipment growth >30%). Management emphasized technology leadership (etch, ALD, advanced packaging, EPIC collaboration) and service monetization via AIx. Offsetting risks include supply-chain and clean-room capacity constraints that require multi-quarter coordination, a digestion period in ICAPS/300mm demand, sizeable ongoing capex that pressures near-term free cash flow, and geopolitical/regulatory exposure tied to China. Overall, the business momentum and visible multi-year demand from AI appear to substantially outweigh these manageable challenges.View all AMAT earnings summariesAMAT Net sales Breakdown
73.32% Semiconductor Systems
22.51% Applied Global Services
4.18% Corporate and Other
AMAT Stock 12 Month Forecast
Average Price Target
$535.81
▲(34.99% Upside)
Technical Analysis
Ownership Overview
0.39% Insiders
19.89% Mutual Funds
18.94% Other Institutional Investors
29.53% Public Companies and Individual Investors