Want to see AMAT full AI Analyst Report?
AMAT Stock Chart & Stats
$480.04
-$26.55(-4.72%)
At close: 4:00 PM EDT
$480.04
-$26.55(-4.72%)
Day’s Range― - ―
52-Week Range$203.40 - $739.67
Previous CloseN/A
Volume6.26M
Average Volume (3M)6.01M
Market Cap
$420.82B
Enterprise Value$427.11B
Total Cash (Recent Filing)$9.23B
Total Debt (Recent Filing)$7.35B
Price to Earnings (P/E)44.6
Beta1.53
Next Earnings
Nov 12, 2026EPS Estimate
4.06Next Dividend Ex-DateN/A
Dividend Yield0.38%
Share Statistics
EPS (TTM)11.67
Shares Outstanding793,597,500
10 Day Avg. Volume5,607,802
30 Day Avg. Volume6,007,575
Financial Highlights & Ratios
PEG Ratio76.84
Price to Book (P/B)9.11
Price to Sales (P/S)6.56
P/FCF Ratio32.64
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue13.85
Enterprise Value/Gross Profit28.04
Enterprise Value/Ebitda37.05
Forecast
1Y Price Target
$675.04Price Target Upside40.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering26
EPS Forecast (FY)12.81
Revenue Forecast (FY)$34.34B
Bulls Say, Bears Say
Bulls Say
Exceptional Profitability And Cash GenerationApplied Materials combines unusually strong profitability with substantial cash generation, supporting internal investment, shareholder returns, and resilience through industry cycles. These economics indicate meaningful process-technology value and provide resources to expand capacity, develop products, and maintain strategic flexibility.
AI, DRAM, Packaging And Services DemandDemand is supported by several structural semiconductor transitions rather than one end market alone. AI-related DRAM and advanced packaging growth can lift equipment intensity, while Applied Global Services adds recurring installed-base revenue and creates a more durable growth mix.
Strategic Intel Collaboration Strengthens Technology PipelineThe Intel collaboration links Applied’s EPIC Center with a major chipmaker’s R&D platform to accelerate advanced process and packaging development. Such co-development can deepen customer integration, improve technology relevance, and support future tool adoption as AI architectures evolve.
Bears Say
Revenue Growth Remains Cycle-sensitiveApplied Materials remains exposed to semiconductor customers’ capital-expenditure and technology-transition cycles, so strong results may not progress evenly. Moderating underlying revenue growth after the prior surge suggests the business could experience periods of slower expansion when fab investment or chip demand normalizes.
Ramp Costs And Mix May Limit Margin ExpansionRapid capacity and workforce expansion can temporarily absorb operating leverage even when revenue is growing quickly. Ramp costs, together with lower-margin display or other revenue, may restrain near-term margin progression and make profitability more dependent on execution and favorable business mix.
Significant China Revenue ConcentrationA sizable China contribution makes Applied Materials’ revenue base more exposed to regional conditions and semiconductor-market concentration in that country. Changes affecting customer investment or the operating environment there could create disproportionate pressure on orders, service activity, and growth visibility.
Applied Materials News
AMAT FAQ
What was Applied Materials’s price range in the past 12 months?
Applied Materials lowest stock price was $203.40 and its highest was $739.67 in the past 12 months.
What is Applied Materials’s market cap?
Applied Materials’s market cap is $420.82B.
When is Applied Materials’s upcoming earnings report date?
Applied Materials’s upcoming earnings report date is Nov 12, 2026 which is in 35 days.
How were Applied Materials’s earnings last quarter?
Applied Materials released its earnings results on Aug 13, 2026. The company reported $3.5 earnings per share for the quarter, beating the consensus estimate of $3.403 by $0.097.
Is Applied Materials overvalued?
According to Wall Street analysts Applied Materials’s price is currently Undervalued.
Does Applied Materials pay dividends?
Applied Materials pays a Quarterly dividend of $0.53 which represents an annual dividend yield of 0.38%. See more information on Applied Materials dividends here
What is Applied Materials’s EPS estimate?
Applied Materials’s EPS estimate is 4.06.
How many shares outstanding does Applied Materials have?
Applied Materials has 793,597,500 shares outstanding.
What happened to Applied Materials’s price movement after its last earnings report?
Applied Materials reported an EPS of $3.5 in its last earnings report, beating expectations of $3.403. Following the earnings report the stock price went down -5.118%.
Which hedge fund is a major shareholder of Applied Materials?
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$675.04 (40.62% Upside)
$675.04 (40.62% Upside)
Blogger Sentiment
Bullish
AMAT Sentiment 75%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 3.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Neutral
Bullish news 56%
Bearish news 44%
Bearish news 44%
Technicals
SMA
Positive
20 days / 200 days
Momentum
147.46%
12-Months-Change
Fundamentals
Return on Equity
40.44%
Trailing 12-Months
Asset Growth
27.22%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Applied Materials
Applied Materials, Inc. engages in provision of materials engineering solutions used to produce semiconductors. The firm also focuses on design, development, production, and servicing of the critical wafer fabrication tools used for customers to manufacture semiconductors. It operates through the following segments: Semiconductor Systems and Applied Global Services (AGS). The Semiconductor Systems segment includes designing, development, manufacturing and sale of equipment used to fabricate semiconductor chips referred to as integrated circuits. The AGS segment engages in provision of services, spares, and factory automation software to customer fabrication plants globally. The company was founded on November 10, 1967 and is headquartered in Santa Clara, CA.
AMAT Company Deck
AMAT Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized numerous record metrics (revenue, operating profit, EPS), strong demand driven by AI (particularly in DRAM, leading-edge logic, and advanced packaging), expanding product pipeline and strategic EPIC partnerships, and robust cash generation and capacity investments. Near-term challenges include ramp-related costs that temper immediate margin expansion, display/mix effects, supply-chain/clean-room constraints, and some guidance uncertainty (wide Q4 range and no FQ1 guide). On balance, the positives—strong multi-segment growth, margin expansion to date, product momentum, and multi-year customer visibility—outweigh the lowlights.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
$675.04
▲(40.62% Upside)
Technical Analysis
Ownership Overview
0.36% Insiders
20.06% Mutual Funds
0.06% Other Institutional Investors
47.79% Public Companies and Individual Investors