Applied Materials, Inc. (AMAT) Stock: Price, Forecast & Analyst Target
Applied Materials, Inc. (AMAT) — MoonshotScore 85/100 (Exceptional band), calculated Oct 5, 2026. Price $540.04 (+2.03%), as of the Oct 2, 2026 trading session; market cap $429B. Expected results Nov 12, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 46.46× (market value Oct 2, 2026; cash Jul 26, 2026) · expected results Nov 12, 2026
Applied Materials, Inc. · AMAT · NASDAQ · Technology · Semiconductors
Research dated 2026-09-12: Applied Materials does not manufacture the chips sold into electronics; it supplies the materials-engineering systems that chipmakers use inside wafer-fabrication plants, then supports those factories with services, spares and automation software. The issue now is whether surging systems revenue can preserve margins and cash generation while Applied Global Services develops into a stronger counterweight to equipment demand.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · Applied Materials (AMAT)
ExceptionalWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
High quality and a strong balance sheet, but a full valuation; the market is already moving on it. Business Quality: Elite; Financial Safety: Fortress; Valuation: Rich; Growth Durability: Growing; Momentum: Surging.
Enterprise value relative to free cash flow is the main valuation drag relative to sector peers.
- quarterly revenue $9.12B (Q3 FY2026, quarter ended Jul 2026)
- EPS beat 8 of 8
- expected results Nov 12, 2026
Holding back: a rich price
Helping: business quality, balance-sheet strength, positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 82 | Exceptional | |
| 82 | Exceptional | |
| 83 | Exceptional | |
| 83 | Exceptional | |
| 83 | Exceptional | |
| 83 | Exceptional |
The score moved from 84 in the stored Oct 4, 2026 snapshot to 85 in the current publication computed Oct 5, 2026 (+1); the largest pillar moves were Growth Durability +1. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $540.04 | |
| Change on the day | +2.03% | |
| 52-week range | $203.40 – $739.67 | |
| Market capitalisation | $429B | |
| Price / earnings (trailing) | 46.28 | |
| Shares traded on the day | 6.08M | |
| Beta (volatility vs the S&P 500) | 1.6 | |
| Dividends per share (last 12 months) | $1.98 | |
| Dividend yield (last 12 months) | 0.37% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
Now I will share our guidance for Q4. We expect company revenue of $10.25 billion, plus or minus $500 million which is up 51% year over year.
Brice A. Hill · Statement from
For modeling purposes, we now expect other revenue to be approximately $400 million per quarter on average through 2027.
Brice A. Hill · Statement from
Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Applied Materials (AMAT): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 2, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the AMAT film — every key number, told as a short cinematic story
~2 min · open the film
What is Applied Materials (AMAT), and what does it report?
Short answer · as of
Applied Materials earns most of its revenue from designing, manufacturing and selling critical wafer-fabrication equipment.
Research dated 2026-09-12.
Applied Materials earns most of its revenue from designing, manufacturing and selling critical wafer-fabrication equipment. Its customers are semiconductor producers, making their investment in factory tools the main unit of demand rather than consumer chip shipments themselves.
Semiconductor Systems supplies the bulk of reported sales, while Applied Global Services records services, spare parts and factory-automation software for fabrication plants. Corporate and reconciling items also contribute revenue, so consolidated sales are not a pure measure of equipment purchases or service activity.
What do the latest results show for Applied Materials (AMAT)?
Short answer · as of
The most recent reported quarter, Q3 FY2026, carried revenue of $9.12B.
Research dated 2026-09-12.
Revenue advanced sharply in the latest reported period, accompanied by higher gross profit and operating profit. Net income and diluted earnings per share eased from the prior period, however, so the sales acceleration did not lift every profit measure. The annual record had already shown revenue growth alongside lower net income.
The business mix makes purchases of fabrication systems the principal economic lever, with Applied Global Services providing a smaller stream tied to operating customer factories. Management expects another strong revenue period, modest gross-margin improvement and rapid AGS growth; those statements describe the intended trajectory, while the reported results provide the test.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $9.12B Jul 26, 2026
- Latest quarter · R&D
- $1.10B Jul 26, 2026
- Latest quarter · SG&A
- $411.00M Jul 26, 2026
- Latest quarter · FMP standardized operating result
- $3.08B Jul 26, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jul 26, 2026 | $9.12B | $1.10B | $411.00M | $3.08B |
| Apr 26, 2026 | $7.91B | $1.03B | $397.00M | $2.52B |
| Jan 25, 2026 | $7.01B | $928.00M | $411.00M | $2.10B |
| Oct 26, 2025 | $6.80B | $917.00M | $455.00M | $1.71B |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $9.12B Aug 13, 2026
- Latest report · revenue estimate
- $8.99B Aug 13, 2026
- Latest report · revenue vs estimate
- Above estimate Aug 13, 2026
- Latest report · EPS vs estimate
- Above estimate Aug 13, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Aug 13, 2026 | $9.12B | $8.99B | $3.5000 | $3.4000 |
| May 14, 2026 | $7.91B | $7.68B | $2.8600 | $2.6800 |
| Feb 12, 2026 | $7.01B | $6.87B | $2.3800 | $2.2100 |
| Dec 12, 2025 | $6.80B | $6.68B | $2.1700 | $2.1100 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q3 FY2026 | $9.12B | $2.54B | $3.17 (diluted) |
| Q2 FY2026 | $7.91B | $2.81B | $3.51 (diluted) |
| Q1 FY2026 | $7.01B | $2.03B | $2.54 (diluted) |
| Q4 FY2025 | $6.80B | $1.90B | $2.38 (diluted) |
What are the financial strengths and risks for Applied Materials (AMAT)?
Short answer
Cash and short-term investments were $9.23B at the Jul 26, 2026 balance-sheet date. Operating cash flow was $3.04B for the quarter ended Jul 26, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
Cash and short-term investments exceed total debt, and long-term investments add further financial capacity. Operating cash flow remained positive throughout the reported series, although it varied markedly, while capital spending has moved above its earlier levels. The latest cash balance also recovered from its recent low.
Profitability screens show strong margins and returns, but the valuation assigns far more value to the operating franchise than to its net cash. The specific operating risk is a contraction in customer spending on wafer-fabrication equipment: Semiconductor Systems is too large relative to AGS for the service operation to absorb a material systems decline without unusually strong growth.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $3.04B Jul 26, 2026
- Previous quarter · operating cash flow
- $845.00M Apr 26, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jul 26, 2026 | $3.04B | −$707.00M |
| Apr 26, 2026 | $845.00M | −$635.00M |
| Jan 25, 2026 | $1.69B | −$646.00M |
| Oct 26, 2025 | $2.83B | −$785.00M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Applied Materials (AMAT)?
Short answer · as of
The next earnings report is expected on Nov 12, 2026.
Research dated 2026-09-12.
The next report should be read against management’s revenue and gross-margin outlook, with particular attention to whether AGS is tracking the growth path management described. Other revenue also warrants a check against management’s expected run rate because it can affect the consolidated comparison.
Consensus assumes substantial expansion beyond the current annual base, while the range of later revenue estimates becomes much wider. Revenue alone will not settle the question: operating-profit conversion, research spending, operating cash flow and capital expenditure will show whether growth is translating into durable economics.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
Now I will share our guidance for Q4. We expect company revenue of $10.25 billion, plus or minus $500 million which is up 51% year over year.
Brice A. Hill ·
For modeling purposes, we now expect other revenue to be approximately $400 million per quarter on average through 2027.
Brice A. Hill ·
We expect non GAAP gross margin to be approximately 50.4% in Q4 up 32 basis points year over year.
Brice A. Hill ·
We now expect AGS to grow >20% in calendar 2026 and to deliver a sustainable, long term annual growth rate in the mid teens.
Gary E. Dickerson ·
How does Applied Materials compare with its peers?
Short answer
Applied Materials's score ranks 10th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
Compared with a chip designer or chip manufacturer, Applied Materials sits upstream: it sells production tools to fabrication plants rather than earning revenue from the chips those plants produce. Demand therefore follows customers’ willingness to equip factories and adopt materials-engineering processes.
Its reporting also combines a dominant systems franchise with a meaningful service, spares and automation operation. That structure leaves Applied Materials more exposed to capital-equipment cycles than a service provider, but less dependent on fresh equipment sales than a systems-only business.
| Company | Price | Market value | Score |
|---|---|---|---|
| $1074.89 Oct 2, 2026 | $1.21T | 99 5-pillar Oct 5, 2026 | |
| $472.78 Oct 2, 2026 | $2.45T | 94 5-pillar Oct 5, 2026 | |
| $347.49 Oct 2, 2026 | $435B | 93 5-pillar Oct 5, 2026 | |
| $633.91 Oct 2, 2026 | $1.03T | 90 5-pillar Oct 5, 2026 | |
| $1867.31 Oct 2, 2026 | $720B | 89 5-pillar Oct 5, 2026 | |
| $449.04 Oct 2, 2026 | $70.2B | 89 5-pillar Oct 5, 2026 | |
| $272.29 Oct 2, 2026 | $238B | 87 5-pillar Oct 5, 2026 | |
| $355.14 Oct 2, 2026 | $1.69T | 87 5-pillar Oct 5, 2026 | |
| $206.89 Oct 2, 2026 | $270B | 86 5-pillar Oct 5, 2026 | |
| Applied Materials (AMAT) — this page | $540.04 | $429B | 85 |
| $1439.73 Oct 2, 2026 | $70.7B | 83 5-pillar Oct 5, 2026 | |
| $293.80 Oct 2, 2026 | $268B | 81 5-pillar Oct 5, 2026 | |
| $417.15 Oct 2, 2026 | $203B | 78 5-pillar Oct 5, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $530.00 – $900.00
- Consensus target
- $662.87
- Median target
- $645.00
Consensus record · Captured .
Measured against a quoted price of $540.04 (as of Oct 2, 2026).
Insider activity
Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 8, 2026
- Transactions
- 42
- Identified insiders
- 10
- Purchases
- 0
- Sales
- 36
- Other transactions
- 6
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 84.3% Period end Jun 30, 2026
- Previous quarter · ownership
- 79.9% Prior to period end Jun 30, 2026
- Reporting holders
- 3,650 Period end Jun 30, 2026
- Previous quarter · holders
- 3,071 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 80,212,518 |
| Vanguard Capital Management LLC | 51,848,358 |
| State Street Corp | 38,240,019 |
| Invesco Ltd. | 28,265,844 |
| Capital Research Global Investors | 22,159,097 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about Applied Materials (AMAT)?
What Investors Ask About Applied Materials (AMAT) — Technology
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
Does Applied Materials make chips or wafer-fabrication tools?
Applied Materials makes critical equipment used by customers to fabricate integrated circuits. It also supplies those factories with services, spare parts and automation software through Applied Global Services.
Why does Semiconductor Systems move Applied Materials results so sharply?
Semiconductor Systems contributes the dominant share of company revenue, so changes in customer equipment purchases carry more weight than movements in the smaller service operation.
Can Applied Global Services offset weaker fabrication-equipment demand?
AGS adds service, spares and software revenue tied to operating fabrication plants, and management expects rapid growth from the segment. Its current scale remains well below Semiconductor Systems, limiting how much systems weakness it could absorb.
Did the latest Applied Materials sales surge lift every profit measure?
No. Gross profit and operating profit rose with revenue, while net income and diluted earnings per share declined from the prior reported period.
What is the AMAT stock price today?
The last price recorded on this page for Applied Materials, Inc. (AMAT) is $540.04, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the AMAT price target?
The analyst consensus price target for Applied Materials, Inc. (AMAT) is $662.87 (range $530.00 to $900.00, median $645.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
When are AMAT's next earnings?
The next earnings date listed on this page for Applied Materials, Inc. (AMAT) is Nov 12, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (85 figures)
The 85 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Brice A. Hill (Aug 13, 2026): Now I will share our guidance for Q4. We expect company revenue of $10.25 billion, plus or minus $500 million which is up 51% year over year. Brice A. Hill (Aug 13, 2026): For modeling purposes, we now expect other revenue to be approximately $400 million per quarter on average through 2027. Brice A. Hill (Aug 13, 2026): We expect non GAAP gross margin to be approximately 50.4% in Q4 up 32 basis points year over year. Gary E. Dickerson (Aug 13, 2026): We now expect AGS to grow >20% in calendar 2026 and to deliver a sustainable, long term annual growth rate in the mid teens. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | Santa Clara, CA | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "3050 Bowers Ave, Santa Clara, CA, 95052-8039, US". |
FMP — 72 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $540.04 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T20:54:51.552Z. | |
px.change | Change on the day | +2.03% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $429B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T20:54:50.592Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$10.74 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q3 FY2026 | $9.12B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.pe | Price / earnings (trailing) | 46.28 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 6.08M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.6 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Gary E. Dickerson | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 36,500 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $23.06B, net result $5.89B; FY2022 revenue $25.79B, net result $6.53B; FY2023 revenue $26.52B, net result $6.86B; FY2024 revenue $27.18B, net result $7.18B; FY2025 revenue $28.37B, net result $7.00B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Semiconductor Systems $20.80B · Applied Global Services $6.38B · Corporate And Reconciling Items $1.19B | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 49.4% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-07-26.revenue_k | Revenue — period end 2026-07-26 | $9.12B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-26.rd_k | R&D — period end 2026-07-26 | $1.10B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-26.sga_k | SG&A — period end 2026-07-26 | $411.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-07-26.operating_result_k | FMP standardized operating result — period end 2026-07-26 | $3.08B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-26.revenue_k | Revenue — period end 2026-04-26 | $7.91B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-26.rd_k | R&D — period end 2026-04-26 | $1.03B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-26.sga_k | SG&A — period end 2026-04-26 | $397.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-04-26.operating_result_k | FMP standardized operating result — period end 2026-04-26 | $2.52B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-25.revenue_k | Revenue — period end 2026-01-25 | $7.01B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-25.rd_k | R&D — period end 2026-01-25 | $928.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-25.sga_k | SG&A — period end 2026-01-25 | $411.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-01-25.operating_result_k | FMP standardized operating result — period end 2026-01-25 | $2.10B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-26.revenue_k | Revenue — period end 2025-10-26 | $6.80B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-26.rd_k | R&D — period end 2025-10-26 | $917.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-26.sga_k | SG&A — period end 2025-10-26 | $455.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-10-26.operating_result_k | FMP standardized operating result — period end 2025-10-26 | $1.71B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-08-13.revenue_actual | Revenue · reported — report date 2026-08-13 | $9.12B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-13.revenue_estimated | Revenue · estimate — report date 2026-08-13 | $8.99B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-13.eps_actual | EPS · reported — report date 2026-08-13 | $3.5000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-13.eps_estimated | EPS · estimate — report date 2026-08-13 | $3.4000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-14.revenue_actual | Revenue · reported — report date 2026-05-14 | $7.91B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-14.revenue_estimated | Revenue · estimate — report date 2026-05-14 | $7.68B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-14.eps_actual | EPS · reported — report date 2026-05-14 | $2.8600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-14.eps_estimated | EPS · estimate — report date 2026-05-14 | $2.6800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-12.revenue_actual | Revenue · reported — report date 2026-02-12 | $7.01B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-12.revenue_estimated | Revenue · estimate — report date 2026-02-12 | $6.87B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-12.eps_actual | EPS · reported — report date 2026-02-12 | $2.3800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-12.eps_estimated | EPS · estimate — report date 2026-02-12 | $2.2100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-12.revenue_actual | Revenue · reported — report date 2025-12-12 | $6.80B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-12.revenue_estimated | Revenue · estimate — report date 2025-12-12 | $6.68B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-12.eps_actual | EPS · reported — report date 2025-12-12 | $2.1700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-12.eps_estimated | EPS · estimate — report date 2025-12-12 | $2.1100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q3 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $9.23B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $3.04B | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-07-26. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $5.27B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $7.35B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 16.73× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-07-26.operating_cash_flow_m | Operating cash flow — period end 2026-07-26 | $3.04B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-04-26.operating_cash_flow_m | Operating cash flow — period end 2026-04-26 | $845.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-07-26.capex_m | Capital expenditure (reported) — period end 2026-07-26 | −$707.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-04-26.capex_m | Capital expenditure (reported) — period end 2026-04-26 | −$635.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-01-25.operating_cash_flow_m | Operating cash flow — period end 2026-01-25 | $1.69B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-01-25.capex_m | Capital expenditure (reported) — period end 2026-01-25 | −$646.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-10-26.operating_cash_flow_m | Operating cash flow — period end 2025-10-26 | $2.83B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-10-26.capex_m | Capital expenditure (reported) — period end 2025-10-26 | −$785.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $530.00 – $900.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $662.87 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $645.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 42 transactions · 0 purchases, 36 sales, 6 other transactions · 10 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 8, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 84.3% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 79.9% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 3,650 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 3,071 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 80,212,518 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Vanguard Capital Management LLC — shares in provider snapshot | 51,848,358 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | State Street Corp — shares in provider snapshot | 38,240,019 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Invesco Ltd. — shares in provider snapshot | 28,265,844 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Capital Research Global Investors — shares in provider snapshot | 22,159,097 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Nov 12, 2026 | UNRECORDED | Stored earnings-calendar observation — Captured 2026-09-30 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 8 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-09-25 · Expired observation | |
px.range52 | 52-week range | $203.40 – $739.67 | UNRECORDED | Stored company-profile observation — Captured 2026-10-03 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 46.46× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $9.23B at Jul 26, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-07-26. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $1.98 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 0.37% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-08-13.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($9.12B) with the recorded estimate ($8.99B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-08-13.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($3.5000) with the recorded estimate ($3.4000) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 3 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 85 of 100 · Exceptional · pillars 86 / 85 / 26 / 62 / 88 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.valuation_driver | Recorded valuation score driver | Enterprise value relative to free cash flow is the main valuation drag relative to sector peers. | OURS | Stock Expert AI MoonshotScore v2 engine · stored factor contributions | |
ours.moonshot_change | MoonshotScore movement | 84 (stored snapshot Oct 4, 2026) → 85 (current publication computed Oct 5, 2026) (+1) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-07-26. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-07-26.revenue_k,fin.q_table.depth.2026-07-26.rd_k,fin.q_table.depth.2026-07-26.sga_k,fin.q_table.depth.2026-07-26.operating_result_k,fin.q_table.depth.2026-04-26.revenue_k,fin.q_table.depth.2026-04-26.rd_k,fin.q_table.depth.2026-04-26.sga_k,fin.q_table.depth.2026-04-26.operating_result_k,fin.q_table.depth.2026-01-25.revenue_k,fin.q_table.depth.2026-01-25.rd_k,fin.q_table.depth.2026-01-25.sga_k,fin.q_table.depth.2026-01-25.operating_result_k,fin.q_table.depth.2025-10-26.revenue_k,fin.q_table.depth.2025-10-26.rd_k,fin.q_table.depth.2025-10-26.sga_k,fin.q_table.depth.2025-10-26.operating_result_k. - Earnings-history note. Source series as of 2026-08-13. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-08-13.revenue_actual,earn.history.depth.2026-08-13.revenue_estimated,earn.history.depth.2026-08-13.revenue_actual.comparison,earn.history.depth.2026-08-13.eps_actual.comparison,earn.history.depth.2026-08-13.eps_actual,earn.history.depth.2026-08-13.eps_estimated,earn.history.depth.2026-05-14.revenue_actual,earn.history.depth.2026-05-14.revenue_estimated,earn.history.depth.2026-05-14.eps_actual,earn.history.depth.2026-05-14.eps_estimated,earn.history.depth.2026-02-12.revenue_actual,earn.history.depth.2026-02-12.revenue_estimated,earn.history.depth.2026-02-12.eps_actual,earn.history.depth.2026-02-12.eps_estimated,earn.history.depth.2025-12-12.revenue_actual,earn.history.depth.2025-12-12.revenue_estimated,earn.history.depth.2025-12-12.eps_actual,earn.history.depth.2025-12-12.eps_estimated. - Cash-flow note. Source series as of 2026-07-26. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-07-26.operating_cash_flow_m,fin.opcf.depth.2026-04-26.operating_cash_flow_m,fin.opcf.depth.2026-07-26.capex_m,fin.opcf.depth.2026-04-26.capex_m,fin.opcf.depth.2026-01-25.operating_cash_flow_m,fin.opcf.depth.2026-01-25.capex_m,fin.opcf.depth.2025-10-26.operating_cash_flow_m,fin.opcf.depth.2025-10-26.capex_m.
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Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | 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. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Semiconductor Systems: $20.80B; Applied Global Services: $6.38B; Corporate And Reconciling Items: $1.19B | 2025-10-26 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-07-26 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-07-26 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Management outlook — dated call excerpts | Captured record · 4 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-08-13 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Sector / industry (provider taxonomy) | Technology / Semiconductors The company's SEC filings classify it under SIC 3674 — Semiconductors & Related Devices. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-10-26 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-08-13 | FMP | Financial Modeling Prep (FMP) earnings |
| Cash, investments and debt | Total debt: $7.35B; Liquidity basis: cash and short-term investments; Total liabilities: $17.90B; Cash and short-term investments: $9.23B; Cash and investments: $14.50B; Long-term investments: $5.27B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-07-26 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $14.50B; Cash and short-term investments: $9.23B; Long-term investments: $5.27B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-07-26 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-07-26 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash against market value | As of: 2026-07-26; Cash basis: cash and short-term investments; Net cash: $1.89B; Total debt: $7.35B; Cash and investments: $9.23B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-07-26 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Trailing twelve-month ratio set | Quick ratio: 1.79; Current ratio: 2.42; Debt to equity: 0.29; Net margin: 30.1%; Gross margin: 49.4%; Operating margin: 30.5%; Return on assets: 21.3%; Return on equity: 40.4% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 16.08; Piotroski F-score: 6 Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-11-12; EPS estimate: $4.05 per share; Revenue estimate: $10.31B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
Data provided for informational purposes only.
ETFs that hold AMAT
Funds in our ETF coverage that list AMAT among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.