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$AMAT · NASDAQ

Applied Materials, Inc.

🇺🇸 Technology Semiconductor Equipment & Materials
$507.03
▼ 0.50%
Market Cap$402.56B
P/E (TTM)43.75
52W Range$203.40 – $739.67
Volume6.9M
Beta1.59

Key Statistics

Revenue$30.8B24.8%
Net Income$9.3B42.8%
Gross Margin49.4%
Net Margin30.1%
P/E Ratio43.75
Forward P/E27.44
PEG Ratio1.05
P/S Ratio13.0x

Financial Performance

EBITDA$10.2B
Free Cash Flow$3.1B
Operating Margin33.7%
ROE41.1%
Total Debt$7.3B
Total Cash$9.2B
Dividend Yield0.39%
EPS (TTM)$11.59

The Signal Report

PREMIUM
Edge Rating
🛡️ Strong Edge
★★★★☆
Switching Costs ●●●●○
Intangible Assets ●●○○○
Network Effect ●●●●○
Cost Advantage ●●●●●
Efficient Scale ●●●○○
Confidence: Medium
Fair Value
$638.94
+26.0% upside
Based on 36 analyst targets
🤖 Pulse AI Analysis

Based on our analysis, Applied Materials, Inc. demonstrates strong buy fundamentals. with revenue reaching $30.8B and growing at 24.8% year-over-year. Our fair value estimate of $638.94 suggests +18.3% upside from current levels of $540.04. The company maintains a competitive position in Technology,...

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P/E (TTM)
43.75
Forward P/E
27.44
PEG Ratio
1.05
Analyst Consensus
strong buy

Wall Street Consensus

strong buy
Mean Target$638.94+26.0%
High$900.00
Low$358.00
Strong Buy
4
Buy
29
Hold
7

Total Returns

1 Year+142.8%
5 Year+258.4%
10 Year+1646.3%
Year to Date+89.3%

Company Profile

Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments. The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps, including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment offers integrated solutions to optimize equipment and fab performance and product

SectorTechnology
IndustrySemiconductor Equipment & Materials
Employees38,900
HeadquartersSanta Clara, CA
ExchangeNASDAQ
Income Statement
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Earnings & Revenue Forecast

Applied Materials, Inc. reported earnings results for the periods shown below. 7 of the last 8 quarters have reported results.

2027/Q1 (Est) Forecast
Revenue Est $10.73B
2026/Q4 (Est) Forecast
Revenue Est $10.30B
EPS Est $4.06
2026-08 ✓ Beat
Revenue Actual $9.12B
EPS Actual $3.50
EPS Forecast $3.39
EPS Surprise +3.2%
2026-05 ✓ Beat
Revenue Actual $7.91B
EPS Actual $2.86
EPS Forecast $2.69
EPS Surprise +6.3%
2026-02 ✓ Beat
Revenue Actual $7.01B
EPS Actual $2.38
EPS Forecast $2.21
EPS Surprise +7.7%
2025-11 ✓ Beat
Revenue Actual $6.80B
EPS Actual $2.17
EPS Forecast $2.09
EPS Surprise +3.8%
2025-08 ✓ Beat
Revenue Actual $7.30B
EPS Actual $2.48
EPS Forecast $2.36
EPS Surprise +5.1%
2025-05 ✓ Beat
Revenue Actual —
EPS Actual $2.39
EPS Forecast $2.31
EPS Surprise +3.5%
Applied Materials Is Building a Second Growth Engine in Advanced Packaging

Applied Materials Is Building a Second Growth Engine in Advanced Packaging

Sep 29, 20264 min

Applied Materials is the largest wafer-fab-equipment maker by revenue and the toolmaker for the wafer-level steps around…

Every AI Chip Crawls Through an Applied Materials Machine — and It Just Guided to Its First $10B Quarter

Every AI Chip Crawls Through an Applied Materials Machine — and It Just Guided to Its First $10B Quarter

Aug 18, 20265 min read

Applied Materials doesn't design chips — it builds the machines that make them, and every AI accelerator in existence cr…

Applied Materials Heads Into Q3 Earnings With a Guide Wall Street Can't Ignore

Applied Materials Heads Into Q3 Earnings With a Guide Wall Street Can't Ignore

Aug 11, 20265 min read

Applied Materials reports fiscal Q3 results after the close on August 13 with momentum few large-caps can match: Q2 reve…

Everyone's Betting on a Different AI Chip. Applied Materials Collects the Rent.

Everyone's Betting on a Different AI Chip. Applied Materials Collects the Rent.

Jul 22, 2026

Applied Materials reported $8.95 billion in Q3 revenue, up 23% year-over-year, and CEO Gary Dickerson guided 30%+ growth…

The $596 Question: Applied Materials Got Hammered 19.5% — But Is This the Easiest Buy of the AI Chip Cycle?

The $596 Question: Applied Materials Got Hammered 19.5% — But Is This the Easiest Buy of the AI Chip Cycle?

Jul 15, 2026

Applied Materials crashed 19.5% from its all-time high to $595.70 as Michael Burry's short, China export restriction fea…

The $424B Picks-and-Shovels Play: Applied Materials Shattered Records — Then Pulled Back 28%. Here's Why the Thesis Is Still Intact.

The $424B Picks-and-Shovels Play: Applied Materials Shattered Records — Then Pulled Back 28%. Here's Why the Thesis Is Still Intact.

Jul 7, 2026

Applied Materials hit an all-time high of $739.67 on June 30 before a 28% pullback to $534.71. But with a 50% share of t…

Everyone Talks About ASML. Nobody Talks About the Other Chip Monopoly.

Everyone Talks About ASML. Nobody Talks About the Other Chip Monopoly.

Jun 29, 2026

Applied Materials is the semiconductor industry's most overlooked monopoly. They cover more fabrication steps than any c…

This Signal Report is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Moat ratings reflect The Signal's independent analysis framework. The Signal may hold positions in securities covered. Past performance is not indicative of future results. Always conduct your own research before making investment decisions.