Applied Materials, Inc. (AMAT)
NASDAQ:AMAT
Want to see AMAT full AI Analyst Report?
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 - $491.51
Previous CloseN/A
Volume1.32M
Average Volume (3M)7.10M
Market Cap
$389.08B
Enterprise Value$357.48B
Total Cash (Recent Filing)$8.24B
Total Debt (Recent Filing)$6.46B
Price to Earnings (P/E)45.7
Beta1.73
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. Volume7,424,730
30 Day Avg. Volume7,101,302
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 Cap0.92
Enterprise Value/Revenue12.32
Enterprise Value/Gross Profit25.16
Enterprise Value/Ebitda33.45
Forecast
1Y Price Target
$527.67Price Target Upside32.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering29
EPS Forecast (FY)12.18
Revenue Forecast (FY)$33.27B
Bulls Say, Bears Say
Bulls Say
High Profitability & Margin ExpansionSustained high gross and operating margins reflect pricing power, product mix and operating leverage in capital equipment. These durable margins support strong returns on equity (~39% TTM), enable reinvestment and shareholder returns, and provide a buffer through cyclical downturns.
Recurring Services & Connected Installed BaseA large, instrumented installed base drives recurring parts, upgrades and software monetization, diversifying revenue away from cyclical tool sales. Steady AGS growth and AIx connectivity underpin higher-margin, more predictable cash flows over multi-year horizons.
Technology Leadership & Customer Co‑innovationDeep process tech (etch, ALD, process control) plus formal co‑development with top foundries and memory makers creates strong barriers to entry. Close customer partnerships accelerate product qualification and drive durable share gains in advanced nodes and packaging.
Bears Say
High Capital Intensity And Near‑term FCF PressureSustained large capital expenditures to expand manufacturing and meet customer ramps reduce free cash flow conversion in the near term. This constrains cash available for buybacks/dividends and increases sensitivity to timing of order flows over the coming quarters.
Geopolitical And China ExposureMaterial revenue tied to China makes the business vulnerable to evolving export controls, sanctions and policy shifts. Structural regulatory risk can meaningfully reduce addressable markets or complicate supply chains over multiple quarters, altering long‑term demand patterns.
Cyclical Demand And ICAPS/300mm DigestionEnd‑market cyclicality (ICAPS/300mm digestion) can depress tool orders and utilization for several quarters, weakening top‑line growth and cash generation despite secular AI/packaging tailwinds. This structural cyclicality adds volatility to long‑term revenue ramps.
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 $491.51 in the past 12 months.
What is Applied Materials, Inc.’s market cap?
Applied Materials, Inc.’s market cap is $389.08B.
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 70 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 $0.46 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$527.67 (32.93% Upside)
$527.67 (32.93% Upside)
Blogger Sentiment
Bullish
AMAT Sentiment 91%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 4.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $624.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 12.1%
Last 30 Days ▲ 12.1%
News Sentiment
Very Bullish
Bullish news 92%
Bearish news 8%
Bearish news 8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
213.88%
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. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including 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, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. The company operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.
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
$527.67
▲(32.93% Upside)
Technical Analysis
Ownership Overview
0.39% Insiders
19.89% Mutual Funds
18.94% Other Institutional Investors
30.03% Public Companies and Individual Investors