Applied Materials/$AMAT

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About Applied Materials

Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.

Ticker

$AMAT

Sector

Semiconductors
Primary listing

Employees

35,700

AMAT Metrics

BasicAdvanced
$187B
28.05
$8.38
1.76
$1.72
0.78%

What the Analysts think about AMAT

Analyst ratings (Buy, Hold, Sell) for Applied Materials stock.

Bulls say / Bears say

Analysts project Q3 net sales will rise 6.5% year-on-year to $7.2 billion for AMAT, fueled by strong demand for AI, cloud, automotive, and next-generation connectivity chips, highlighting the company’s exposure to structurally growing markets (S&P Global).
Despite short-term uncertainties, AMAT posted record Q3 revenue of $7.30 billion, up 8% year-on-year, and non-GAAP EPS of $2.48, both above analyst expectations, reflecting strong operational execution (Reuters).
CFO Brice Hill affirmed that recent government-backed foundry investments, including U.S. equity stakes in domestic chip plants, will not change AMAT’s long-term demand outlook, maintaining a favorable five-year forecast for high-end chipmaking equipment (Reuters).
Applied Materials warned of a $600 million revenue loss for fiscal 2026 and a $110 million impact in Q4 FY2025 due to broader U.S. export restrictions on sales to entities in China (Reuters).
AMAT’s guidance for fourth-quarter revenue at about $6.7 billion missed the $7.33 billion consensus, citing excess capacity in China and macroeconomic uncertainty, causing shares to drop 11% in after-hours trading (Reuters).
Applied Materials announced plans to lay off roughly 4% of its workforce (about 1,400 jobs), booking a $160–$180 million restructuring charge to streamline operations as U.S. export controls tighten, indicating increasing cost pressures (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 8 Nov 2025.

AMAT Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

AMAT Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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