Research Analysts Set Expectations for AMAT FY2026 Earnings

Applied Materials, Inc. (NASDAQ:AMAT) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Applied Materials in a report released on Monday, June 9th. Cantor Fitzgerald analyst C. Muse forecasts that the manufacturing equipment provider will earn $10.55 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $200.00 price objective on the stock. The consensus estimate for Applied Materials’ current full-year earnings is $9.38 per share.

Several other equities analysts have also commented on AMAT. Jefferies Financial Group raised Applied Materials from a “hold” rating to a “buy” rating and set a $195.00 target price for the company in a report on Friday, March 28th. Mizuho decreased their target price on Applied Materials from $205.00 to $195.00 and set an “outperform” rating for the company in a research note on Friday, May 16th. B. Riley cut their target price on Applied Materials from $250.00 to $215.00 and set a “buy” rating on the stock in a research report on Monday, May 12th. Bank of America reduced their price objective on Applied Materials from $205.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Finally, Morgan Stanley raised shares of Applied Materials from an “underweight” rating to an “equal weight” rating and dropped their price target for the company from $162.00 to $158.00 in a research report on Friday. Six research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $199.29.

Applied Materials Price Performance

AMAT stock opened at $170.12 on Tuesday. Applied Materials has a 52-week low of $123.74 and a 52-week high of $255.89. The company has a quick ratio of 1.96, a current ratio of 2.67 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $136.52 billion, a PE ratio of 22.24, a P/E/G ratio of 1.81 and a beta of 1.67. The stock’s 50 day moving average is $152.67 and its two-hundred day moving average is $163.07.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, May 15th. The manufacturing equipment provider reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.08. The business had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $7.12 billion. Applied Materials had a return on equity of 39.50% and a net margin of 22.95%. The business’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.09 earnings per share.

Applied Materials announced that its Board of Directors has approved a stock buyback plan on Monday, March 10th that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the manufacturing equipment provider to repurchase up to 8.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, CAO Adam Sanders sold 450 shares of the firm’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $144.83, for a total transaction of $65,173.50. Following the sale, the chief accounting officer now owns 6,077 shares of the company’s stock, valued at approximately $880,131.91. This trade represents a 6.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Gary E. Dickerson bought 50,000 shares of Applied Materials stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average cost of $137.30 per share, with a total value of $6,865,000.00. Following the completion of the purchase, the chief executive officer now owns 1,716,058 shares in the company, valued at approximately $235,614,763.40. This trade represents a 3.00% increase in their position. The disclosure for this purchase can be found here. 0.24% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Applied Materials

A number of institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Applied Materials during the fourth quarter worth $1,588,422,000. Nuveen LLC bought a new stake in Applied Materials during the 1st quarter worth $1,085,600,000. Pacer Advisors Inc. raised its holdings in Applied Materials by 2,401.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after buying an additional 2,944,193 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Applied Materials by 18,402.1% during the first quarter. GAMMA Investing LLC now owns 1,824,304 shares of the manufacturing equipment provider’s stock valued at $2,647,430,000 after acquiring an additional 1,814,444 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Applied Materials by 43.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after buying an additional 1,691,428 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.