Applied Materials (NASDAQ:AMAT) Releases Q1 2027 Earnings Guidance

Applied Materials (NASDAQ:AMAT) issued an update on its first quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 4.150-4.550 for the period, compared to the consensus EPS estimate of 4.200. The company issued revenue guidance of $10.6 billion-$11.6 billion, compared to the consensus revenue estimate of $10.7 billion.

Applied Materials Price Performance

Applied Materials stock traded down $14.13 during midday trading on Thursday, hitting $380.95. The company’s stock had a trading volume of 8,306,873 shares, compared to its average volume of 7,915,605. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The stock’s 50-day moving average price is $440.37 and its 200-day moving average price is $445.52. Applied Materials has a 12 month low of $203.40 and a 12 month high of $739.67. The company has a market capitalization of $302.32 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 0.73 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, November 12th. The manufacturing equipment provider reported $4.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.06 by $0.10. The company had revenue of $10.41 billion during the quarter, compared to the consensus estimate of $10.30 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. Applied Materials has set its Q1 2027 guidance at 4.150-4.550 EPS. Analysts anticipate that Applied Materials will post 12.79 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AMAT shares. New Street Research decreased their price target on shares of Applied Materials from $580.00 to $525.00 and set a “neutral” rating on the stock in a research report on Friday, August 14th. Weiss Ratings downgraded Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 9th. Deutsche Bank reiterated a “buy” rating and set a $605.00 price objective (down from $680.00) on shares of Applied Materials in a research report on Friday, August 14th. William Blair began coverage on Applied Materials in a research note on Tuesday, August 11th. They set a “market perform” rating for the company. Finally, Argus set a $600.00 target price on Applied Materials and gave the stock a “buy” rating in a report on Tuesday, August 18th. Thirty investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $625.76.

Insider Activity

In related news, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the transaction, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brice Hill sold 7,500 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the completion of the sale, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. This represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 9,225 shares of company stock worth $4,454,181 over the last quarter. Corporate insiders own 0.30% of the company’s stock.

Key Stories Impacting Applied Materials

Here are a few of the latest stories about AMAT:

• Positive Sentiment: HSBC reaffirmed its Buy rating ahead of earnings, pointing to potential upside after the recent selloff. HSBC says buy the dip
• Positive Sentiment: AI-related chip demand and spending on advanced manufacturing equipment remain potential growth drivers. ETFs also bought a reported $317.1 million of AMAT on Monday, although that flow does not guarantee continued buying. ETF purchases of Applied Materials
• Negative Sentiment: AMAT has fallen sharply over the past month and remains well below its high. The broader chip-equipment selloff, Nvidia-related tech pressure, and concerns about China demand and AI-order strength have weighed on sentiment; analysts have also trimmed some price targets and fair-value estimates. What Applied Materials’ earnings need to prove

Applied Materials Company Profile

Applied Materials, Inc. develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products. The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.