Equities Analysts Offer Predictions for AMAT FY2026 Earnings

Applied Materials, Inc. (NASDAQ:AMAT) – Equities research analysts at Erste Group Bank raised their FY2026 earnings per share estimates for shares of Applied Materials in a research note issued to investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the manufacturing equipment provider will post earnings per share of $12.29 for the year, up from their prior estimate of $12.23. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Applied Materials’ current full-year earnings is $12.13 per share. Erste Group Bank also issued estimates for Applied Materials’ FY2027 earnings at $17.02 EPS.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS.

A number of other equities analysts also recently weighed in on AMAT. Raymond James Financial set a $650.00 price target on shares of Applied Materials in a research note on Wednesday, June 10th. Cantor Fitzgerald lifted their target price on Applied Materials from $650.00 to $850.00 and gave the company an “overweight” rating in a report on Monday, June 29th. HC Wainwright set a $850.00 price objective on Applied Materials in a report on Monday, June 29th. Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $593.84.

Applied Materials Price Performance

Applied Materials stock opened at $560.93 on Friday. Applied Materials has a 1 year low of $154.46 and a 1 year high of $739.67. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The firm has a 50 day moving average price of $531.23 and a 200 day moving average price of $412.23. The company has a market cap of $445.36 billion, a price-to-earnings ratio of 52.67, a PEG ratio of 1.47 and a beta of 1.57.

Institutional Trading of Applied Materials

Several institutional investors have recently added to or reduced their stakes in AMAT. Brighton Jones LLC boosted its stake in Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares during the period. Sivia Capital Partners LLC boosted its position in Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares during the period. Forefront Wealth Partners LLC bought a new position in Applied Materials during the 2nd quarter worth $410,000. Schnieders Capital Management LLC. increased its position in Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock worth $2,747,000 after buying an additional 3,469 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of Applied Materials by 59.3% during the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after acquiring an additional 157,426 shares during the period. Institutional investors own 80.56% of the company’s stock.

Insider Transactions at Applied Materials

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares in the company, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the sale, the director directly owned 40,559 shares of the company’s stock, valued at $24,326,071.43. The trade was a 18.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 278,088 shares of company stock valued at $169,654,805 in the last three months. 0.30% of the stock is currently owned by company insiders.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s payout ratio is 19.91%.

More Applied Materials News

Here are the key news stories impacting Applied Materials this week:

• Positive Sentiment: Applied Materials continues to benefit from AI-driven semiconductor spending, and management recently reinforced the view that this investment cycle could stay elevated for years, supporting a multiyear growth outlook. Article Title
• Positive Sentiment: Analysts still see meaningful EPS growth ahead, with recent commentary highlighting strong demand trends and a higher price target from Mizuho, which can help sustain investor confidence in AMAT. Article Title
• Neutral Sentiment: Coverage around AMAT’s valuation is becoming more cautious, with one report saying the stock appears to be trading above fair value even though earnings look roughly reasonable, suggesting limited upside from current levels. Article Title
• Neutral Sentiment: Despite the strong recent rally, some commentary frames Applied Materials as a long-term AI infrastructure winner, but also notes that new buyers are paying up after a very large five-year advance. Article Title
• Negative Sentiment: Valuation concerns are the main drag on sentiment today: investors may be questioning whether Applied Materials’ strong AI demand story is already fully priced into the shares after the recent surge. Article Title

About Applied Materials

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.