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Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor industry, playing a critical role in the production of AI chips.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer chips
Category 2.50 Semiconductor Capital Equipment & EDA
Sentiment 65.0%
USD Mkt Cap362.27B
USD Revenue30.84B
USD Net Income9.27B
P/E39.22
fwd P/E24.74
PEG0.90
Price 3M-18.3%
Price 6M+34.9%
Price 1Y+175.5%
Price 2Y+155.0%
USD Share Price460.31
Price History
Price & Size
Price 456.49 USD
Market Cap 362.27B USD
Shares Outstanding 793.60M
Shares Float 790.57M
52w Low 168.53 USD
52w High 739.67 USD
Avg Volume 8.96M
Valuation
P/E (trailing) 39.2x
P/E (forward) 24.7x
P/B 14.14x
Enterprise Value 360.38B USD
Book Value / Share 32.29 USD
PEG Ratio 0.90x
P/S 11.75x
EV / Revenue 11.69x
EV / EBITDA 35.49x
Income
Revenue 30.84B USD
Revenue / Share 38.82 USD
EBITDA 10.15B USD
Net Income 9.27B USD
EPS (trailing) 11.64 USD
EPS (forward) 18.45 USD
Margins & Profitability
Gross Margin 49.4%
Operating Margin 33.7%
Profit Margin 30.0%
EBITDA Margin 32.9%
Return on Equity 41.1%
Return on Assets 15.5%
Growth
Revenue Growth 24.8%
Earnings Growth 42.8%
Cash & Debt
Total Cash 9.23B USD
Total Debt 7.35B USD
Free Cash Flow 3.08B USD
Operating Cash Flow 8.40B USD
Debt / Equity 0.29x
Current Ratio 2.42x
Quick Ratio 1.63x
Dividend
Rate 2.12 USD
Yield 0.5%
Payout Ratio 16.5%
Ex-Date 2026-11-19
Risk
Beta 1.60
Analyst Consensus
Target (Mean) 640.89 USD
Target (Median) 650.00 USD
Target (High) 900.00 USD
Target (Low) 358.00 USD
Recommendation strong_buy
# Analysts 35
Identifiers
ISINUS0382221051
CUSIP038222105
FIGIBBG000BBPFB9
SEDOL2046552
Sentiment 65.0%
Positive drivers

Strong demand for semiconductor equipment driven by ongoing AI infrastructure buildout and advanced chip manufacturing. Positive earnings surprises and upward guidance revisions in recent reports fueled investor optimism. Expansion in key markets like logic and memory segments supported growth outlook.

Neutral / mixed

Mixed signals from global economic slowdown concerns tempering capex spending by some foundries. Regulatory scrutiny on export controls to China created uncertainty without immediate major impacts. Valuation multiples remained elevated but aligned with sector peers amid broader tech rotation.

Negative drivers

Potential delays in customer fab ramps and inventory adjustments in the supply chain weighed on near-term visibility. Geopolitical tensions and tariff risks introduced volatility in international revenue projections. Competition from peers like ASML and Lam Research pressured market share expectations.

Bottom line

Sentiment for AMAT remains moderately positive over the period, supported by AI tailwinds but tempered by macroeconomic and geopolitical headwinds. Overall outlook leans constructive with room for upside if demand sustains.