Applied Materials (AMAT) Expected to Post Quarterly Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is anticipated to release its Q3 2026 results after the market closes on Thursday, August 13th. Analysts expect the company to announce earnings of $3.40 per share and revenue of $8.9950 billion for the quarter. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Interested persons may visit the the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, August 13, 2026 at 4:30 PM ET.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same period in the previous year, the firm earned $2.39 EPS. The firm’s revenue was up 11.4% compared to the same quarter last year. On average, analysts expect Applied Materials to post $12 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Applied Materials Stock Up 0.7%

AMAT opened at $525.61 on Wednesday. The stock’s fifty day simple moving average is $561.46 and its 200 day simple moving average is $441.34. Applied Materials has a 1-year low of $154.46 and a 1-year high of $739.67. The stock has a market cap of $417.31 billion, a PE ratio of 49.35, a price-to-earnings-growth ratio of 1.32 and a beta of 1.61. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.

Applied Materials Dividend Announcement

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

Applied Materials News Summary

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

• Positive Sentiment: AI and semiconductor demand remain key bullish catalysts. Jim Cramer highlighted Applied Materials alongside Lam Research and KLA as beneficiaries of data-center memory bottlenecks and expected demand for chipmaking equipment. The company’s broad technology portfolio and exposure to AI infrastructure continue to support the long-term growth case. Jim Cramer semiconductor equipment analysis
• Positive Sentiment: Analyst earnings expectations have improved. A report indicated that an analyst raised the fiscal 2027 EPS forecast, while pre-earnings estimates call for approximately $9 billion in quarterly revenue and $3.39 in EPS. These expectations imply continued year-over-year growth and could support the shares if management delivers or raises guidance. Applied Materials EPS forecast update
• Positive Sentiment: Applied Materials expanded its chip-innovation ecosystem. UC Berkeley will join the company’s EPIC Center, giving researchers access to industry-scale equipment and process-integration capabilities. The collaboration could accelerate semiconductor research and commercialization, although the financial benefit is longer term. UC Berkeley joins Applied Materials EPIC Center
• Neutral Sentiment: Options markets are anticipating a significant earnings-related move. Traders expect substantial volatility around Thursday’s results, as investors assess revenue, EPS, margins, orders and fiscal 2026 guidance. Applied Materials expected earnings move
• Negative Sentiment: Valuation and competitive risks are limiting enthusiasm. William Blair initiated coverage with a Market Perform rating, citing strong AI-driven fundamentals but arguing that valuation and competition cap upside. With a trailing P/E near 49, the stock may require an earnings beat and constructive outlook to regain momentum. William Blair Applied Materials rating

Insider Activity at Applied Materials

In other news, SVP Timothy M. Deane sold 8,621 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gary E. Dickerson sold 20,000 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the completion of the transaction, the chief executive officer owned 1,599,843 shares in the company, valued at $1,176,236,570.46. This trade represents a 1.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AMAT. Wilkerson Advisory Group LLC bought a new stake in shares of Applied Materials in the fourth quarter valued at approximately $26,000. Triumph Capital Management bought a new position in Applied Materials during the 3rd quarter worth $38,000. Swiss RE Ltd. bought a new position in Applied Materials during the 4th quarter worth $75,000. Rakuten Securities Inc. raised its holdings in Applied Materials by 38.9% in the 2nd quarter. Rakuten Securities Inc. now owns 439 shares of the manufacturing equipment provider’s stock valued at $80,000 after acquiring an additional 123 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in Applied Materials in the 4th quarter valued at $81,000. 80.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Argus increased their price objective on shares of Applied Materials from $420.00 to $500.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Royal Bank Of Canada lifted their target price on shares of Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Truist Financial set a $575.00 price target on shares of Applied Materials in a research note on Thursday, May 28th. Erste Group Bank cut shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, Cantor Fitzgerald increased their price target on shares of Applied Materials from $650.00 to $850.00 and gave the company an “overweight” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $603.23.

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.