AMAT · Applied Materials Inc /De
$536.47
-3.57 (-0.66%)
At close · Oct 5
Return incl. dividend (before tax)
Market Cap
$386.29B
Shares
793.60M
Volume · Oct 2
6.08M
Avg daily vol (3M)
7.3M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$540.04
Open$543.21
Day$535.10–547.25
52W close$209.95–723.00
Avg vol 30d6.4M
Short int14.1M · 1.8% float · 2.4d
Short vol33%
Last earningsAug 13, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 20
Up next
Next earnings call
Nov 12, 2026
Est · unconfirmed
· in 5 wks
filed Aug 20, 2026
call held Aug 13, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$30.84B
Trailing 12 months
Net income (TTM)
$9.27B
Trailing 12 months
Revenue growth YoY
+24.8%
Year over year
Operating margin
29.6%
Trailing 12 months
P / E (TTM)
46.6
Trailing earnings · reciprocal yield 2.1%
FCF yield
1.5%
TTM · current market cap
Return on invested capital
34.6%
Trailing 12 months
Net cash
$2.79B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-0.2%
Year over year · fewer shares
Price change (1Y)
+141.5%
Trailing year
Short interest
1.8%
Latest settlement · 2.4 days to cover
AI Brief
Q3 FY26 earnings call · Aug 13, 2026
Q3 FY26
TL;DR. Applied Materials delivered record Q3 FY2026 results with $9.12B revenue (+25% YoY) and raised Semiconductor Systems expectations for calendar 2026, with visibility into another strong growth year in 2027 driven by AI demand in leading-edge logic, DRAM, and advanced packaging.
Bullish
- + Record Q3 revenue of $9.12B, up 25% YoY, with highest sequential revenue growth in company history
- + Raised Semiconductor Systems calendar 2026 revenue growth outlook to above 30% (now even higher)
- + Record non-GAAP EPS of $3.50, up 41% YoY; 13th consecutive quarter of YoY gross margin expansion
- + Q4 FY2026 guidance of $10.25B revenue (+51% YoY) and $4.02 non-GAAP EPS (+85% YoY)
- + Expect packaging revenues to grow more than 70% in calendar 2026 and AGS to grow more than 20%
- + High confidence in 2027 as another strong growth year based on extended customer visibility (eight-quarter rolling forecasts, conversations extending to 2030)
Bearish
- − Q4 gross margin guided flat at ~50.4% on a 51% YoY revenue jump due to ramp headwinds
- − Q1 FY2027 is a 14-week quarter resulting in higher-than-average step-up in operating expenses
- − NAND expected to be a slower grower in calendar 2027 with wafer starts continuing to decline
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Bullish
Fundamentals
Excellent
Quant / Vol
Very High
Market backdrop
VIX 15.3 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+26%
above
Price vs 50-day avg
+11%
above
RSI (14)
69
neutral
MACD trend
Positive
52-week position
64%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+24%
trailing
6-month return
+36%
trailing
YTD return
+110%
this year
Relative strength
+24%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $487 › 200d $428 — 50d above 200d
Institutional flow
Accumulating
13 of 3,530 funds reported for Sep 30 · net +18.6K sh shares · +1 new
Insider flow
Distributing
Net -$4.1M over 90 days · 100% sells
Short interest
Falling
1.78% of float · ▼ -9.6% MoM · 2.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
3,530 holders — near 3-yr high, broad support
Squeeze score
47
elevated · 0–100
Fundamentals
Revenue growth
−13%
Y/Y
Gross margin
95%
expanding
EPS growth
+1%
Y/Y
Free cash flow
$5.7B
Valuation
P/E 42
below peers
Buyback
$12.8B
remaining
Balance sheet
$786.0M
net cash
Quant / Vol
risk profile
Volatility
60%
annualized · 1-yr
Max drawdown
−43%
past year
ATR
3.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Apr 30, 2026
this calendar year
Semiconductor equipment business
at least 30%
2026
Year-on-year growth in total wafer fab equipment spending
at least 80%
calendar 2026
Packaging revenues
at least 50%
this year
Packaging business growth
50%
Prior guidance
period ended
· from the Earnings Call filed Apr 30, 2026
Semiconductor Systems revenue
· Q3
$6.9B
AGS revenue
· Q3
$1.75B
Other revenue
· Q3
$300M
Non-GAAP gross margin
· Q3
50.1%
Non-GAAP operating expenses
· Q3
$1.49B
Non-GAAP tax rate
· Q3
11%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+26%
Bullish
Price vs 50-day avg
+11%
Bullish
RSI (14)
69
Neutral
MACD trend
Positive
Bullish
52-week position
64%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $487 › 200d $428 — 50d above 200d
Institutional flow
Accumulating
13 of 3,530 funds reported for Sep 30 · net +18.6K sh shares · +1 new
Insider flow
Distributing
Net -$4.1M over 90 days · 100% sells
Short interest
Falling
1.78% of float · ▼ -9.6% MoM · 2.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
3,530 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $210
Now $540 · 64%
Range high $723
vs 200-day avg +26%
vs 50-day avg +11%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Applied Global Services Non-GAAP gross margin non-GAAP | 35.6% | Three Months Ended July 26, 2026 | — |
| Non-GAAP earnings per diluted share non-GAAP | $3.5 | Three Months Ended July 26, 2026 | — |
| Non-GAAP free cash flow non-GAAP | $2.33B | Q3 FY2026 | — |
GAAP → non-GAAP reconciliationGAAP Cash provided by operating activities 3.04B
-707M Capital expenditures
= Non-GAAP Free Cash Flow 2.33B
|
|||
| Non-GAAP gross margin non-GAAP | 50.4% | Three Months Ended July 26, 2026 | — |
| Non-GAAP net income non-GAAP | $2.8B | Three Months Ended July 26, 2026 | — |
| Non-GAAP operating income non-GAAP | $3.1B | Three Months Ended July 26, 2026 | — |
| Non-GAAP operating margin non-GAAP | 34% | Three Months Ended July 26, 2026 | — |
| Regular Full Time | 38.9K | Q3 FY2026 | — |
| Semiconductor Systems Non-GAAP gross margin non-GAAP | 55.4% | Three Months Ended July 26, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Semiconductor Equipment & Materials — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AMAT
this stock
Applied Materials Inc /De
|
$386.29B | +110.1% | -12.6% | 42.0 | 1.8% |
|
ASML
Asml Holding NV
|
$703.84B | +74.5% | — | — | 0.4% |
|
LRCX
Lam Research Corp
|
$394.43B | +103.0% | +51.7% | 54.7 | 2.1% |
|
KLAC
Kla Corp
|
$245.53B | — | +11.7% | 51.3 | 1.8% |
|
ATEYY
Advantest Corp
|
$160.25B | +102.0% | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AMAT | +11.4% | +23.9% | +36.5% | +5.6% | +110.1% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +11.6% | +24.4% | +24.3% | +4.7% | +97.3% |
Capital returns
Declared · upcoming
$0.53
/ share · ex Nov 19, 2026
Paid (TTM)
$0.00
/ share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Buyback programs
· 2 active
· as of Jul 26, 2026
Authorized (total)
$20.00B
Spent (derived)
$7.20B
Remaining
$12.80B
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.