Applied Materials Inc AMAT
Stock research in plain language · As of Oct 04, 2026 · updated once a week, after the trading week closes
What the company does
Applied Materials Inc is a mega-cap company in the Technology sector (Semiconductor Equipment & Materials), with a market value of $428.6B, based in the USA.
It employs about 38,900 people and has been listed since Oct 05, 1972.
Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments.
Cheap or expensive? priced in line with its group
Its price-to-earnings (P/E) is 46.5 versus 41.5 for the median of the Technology sector in our universe (46 companies) — priced in line with its group.
Revenue is growing 25% versus the same quarter last year.
On analysts' next-year forecasts the multiple drops to 23.4 — they expect higher earnings.
The average analyst price target is 638.94, 18% above the current price (their view, not ours).
The stock sits at 63% of its one-year range (0% = the low, 100% = the high).
The risks
- • The stock is more volatile than average (beta 1.6) — big daily moves both ways.
Strengths
- ✅ Profitable — 28 of every 100 dollars of revenue stays as profit.
- ✅ Generates free cash flow — profit becomes cash in the bank.
- ✅ Buys back its shares (1% fewer shares in a year).
- ✅ More cash than debt.
- ✅ Most analysts rate it buy (33 vs 0).
- ✅ Revenue is growing 25% a year.
- ✅ Pays a dividend (0.4% a year).
What changed this week
Over the past week the stock rose 11.3% (for comparison: S&P 500 -0.2%, sector ETF XLK +1.8%).
This week's news
- Reddit And 2 Other High Quality Stocks finance.yahoo.com · 2026-10-03
- Applied Materials (AMAT) Outpaces Stock Market Gains: What You Should Know finance.yahoo.com · 2026-10-02
- Bull of the Day: Onto Innovation (ONTO) finance.yahoo.com · 2026-10-02
- Why Applied Materials (AMAT) Stock Is Up Today finance.yahoo.com · 2026-10-01
- AI Compute Expansion and Memory Shortages Extend Applied Materials’ (AMAT) Growth Runway finance.yahoo.com · 2026-10-01
- Applied Materials and Besi Expand Strategic Partnership to Advance Next-Generation Packaging for AI Scaling finance.yahoo.com · 2026-10-01
A description of facts from the filings and the market — not investment advice or a recommendation. "Cheap" and "expensive" are always relative to the comparison group.