Applied Materials Future Growth

Future criteria checks 1/6

Applied Materials is forecast to grow earnings and revenue by 7.8% and 7.2% per annum respectively. EPS is expected to grow by 8.8% per annum. Return on equity is forecast to be 33.3% in 3 years.

Key information

7.8%

Earnings growth rate

8.8%

EPS growth rate

Semiconductor earnings growth	0%
Revenue growth rate	7.2%
Future return on equity	33.3%
Analyst coverage	Good
Last updated	22 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BMV:AMAT * - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2027	34,011	9,135	8,010	10,246	10
10/31/2026	32,139	8,589	7,470	9,081	25
10/31/2025	29,638	7,649	6,403	8,057	32
10/27/2024	27,176	7,177	7,487	8,677	N/A
7/28/2024	26,854	7,450	6,565	7,657	N/A
4/28/2024	26,501	7,305	6,805	7,855	N/A
1/28/2024	26,485	7,158	7,707	8,755	N/A
10/29/2023	26,517	6,856	7,594	8,700	N/A
7/30/2023	26,543	6,443	6,982	8,002	N/A
4/30/2023	26,638	6,489	5,913	6,888	N/A
1/29/2023	26,253	6,450	4,081	5,011	N/A
10/30/2022	25,785	6,525	4,612	5,399	N/A
7/31/2022	25,159	6,646	4,920	5,690	N/A
5/1/2022	24,835	6,756	5,210	5,907	N/A
1/30/2022	24,172	6,550	5,988	6,679	N/A
10/31/2021	23,063	5,888	4,774	5,442	N/A
8/1/2021	21,628	5,307	4,985	5,609	N/A
5/2/2021	19,827	4,432	4,216	4,790	N/A
1/31/2021	18,202	3,857	3,797	4,238	N/A
10/25/2020	17,202	3,619	3,382	3,804	N/A
7/26/2020	16,268	3,186	2,958	3,315	N/A
4/26/2020	15,435	2,916	2,872	3,235	N/A
1/26/2020	15,017	2,827	2,990	3,400	N/A
10/27/2019	14,608	2,706	2,806	3,247	N/A
7/28/2019	14,613	2,765	2,989	3,498	N/A
4/28/2019	15,213	3,210	2,795	3,344	N/A
1/27/2019	16,253	3,644	2,603	3,155	N/A
10/28/2018	16,705	3,038	3,165	3,787	N/A
7/29/2018	16,915	3,263	N/A	3,419	N/A
4/29/2018	16,497	3,172	N/A	4,163	N/A
1/28/2018	15,464	2,896	N/A	4,463	N/A
10/29/2017	14,698	3,519	N/A	3,789	N/A
7/30/2017	13,865	3,062	N/A	3,877	N/A
4/30/2017	12,942	2,642	N/A	3,481	N/A
1/29/2017	11,846	2,138	N/A	3,051	N/A
10/30/2016	10,825	1,721	N/A	2,566	N/A
7/31/2016	9,896	1,447	N/A	2,140	N/A
5/1/2016	9,565	1,271	N/A	1,493	N/A
1/31/2016	9,557	1,315	N/A	1,310	N/A
10/25/2015	9,659	1,377	N/A	1,163	N/A
7/26/2015	9,555	1,297	N/A	1,099	N/A
4/26/2015	9,330	1,269	N/A	1,349	N/A
1/25/2015	9,241	1,167	N/A	1,488	N/A
10/26/2014	9,072	1,072	N/A	1,800	N/A
7/27/2014	8,796	999	N/A	1,412	N/A
4/27/2014	8,506	866	N/A	1,192	N/A
1/26/2014	8,126	475	N/A	979	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMAT *'s forecast earnings growth (7.8% per year) is below the savings rate (8.1%).

Earnings vs Market: AMAT *'s earnings (7.8% per year) are forecast to grow slower than the MX market (11.5% per year).

High Growth Earnings: AMAT *'s earnings are forecast to grow, but not significantly.

Revenue vs Market: AMAT *'s revenue (7.2% per year) is forecast to grow slower than the MX market (7.2% per year).

High Growth Revenue: AMAT *'s revenue (7.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AMAT *'s Return on Equity is forecast to be high in 3 years time (33.3%)

Applied Materials Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Applied Materials, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2025

Applied Materials, Inc. Provides Revenue Guidance for Fourth Quarter of Fiscal 2024

Applied Materials, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2024

Applied Materials, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024

Applied Materials, Inc. Provides Sales Guidance for the First Quarter of Fiscal 2024

Applied Materials, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2023

Recent updates

Applied Materials, Inc. Introduces the MAX OLED Solution

Applied Materials, Inc. Announces New Collaboration Model for Advanced Packaging At Summit on Energy-Efficient Computing

Full year 2024 earnings released: EPS: US$8.68 (vs US$8.16 in FY 2023)

Applied Materials, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2025

Upcoming dividend of US$0.40 per share

Now 23% overvalued

Now 20% overvalued

Third quarter dividend of US$0.40 announced

Applied Materials, Inc. Approves Quarterly Cash Dividend, Payable on Dec. 12, 2024

Applied Materials, Inc. Announces Management Changes

Third quarter 2024 earnings released: EPS: US$2.06 (vs US$1.86 in 3Q 2023)

Applied Materials, Inc. Provides Revenue Guidance for Fourth Quarter of Fiscal 2024

Upcoming dividend of US$0.40 per share

Now 28% overvalued after recent price rise

Applied Materials, Inc. Unveils Chip Wiring Innovations for More Energy-Efficient Computing

President recently sold Mex$1.8b worth of stock

Dividend of US$0.40 announced

Applied Materials, Inc. Approves Quarterly Cash Dividend, Payable on September 12, 2024

Senior VP recently sold Mex$10m worth of stock

Key Executive recently sold Mex$74m worth of stock

Second quarter 2024 earnings released: EPS: US$2.08 (vs US$1.87 in 2Q 2023)

Applied Materials, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2024

Upcoming dividend of US$0.40 per share

Dividend of US$0.40 announced

Applied Materials Announces Cash Dividend, Payable on June 13, 2024

Applied Materials, Inc. Announces Executive Changes, Effective March 4, 2024

First quarter 2024 earnings released: EPS: US$2.43 (vs US$2.03 in 1Q 2023)

Applied Materials, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024

Upcoming dividend of US$0.32 per share at 0.7% yield

Applied Materials, Inc., Annual General Meeting, Mar 07, 2024

Investor sentiment improves as stock rises 15%

Senior VP recently sold Mex$64m worth of stock

Applied Materials, Inc. Announces Principal Accounting Officer Changes

Full year 2023 earnings released: EPS: US$8.16 (vs US$7.49 in FY 2022)

Applied Materials, Inc. Provides Sales Guidance for the First Quarter of Fiscal 2024

Upcoming dividend of US$0.32 per share at 0.8% yield

Applied Materials, Inc. Announces Quarterly Cash Dividend, Payable on December 14, 2023

Senior VP recently sold Mex$2.5m worth of stock

Third quarter 2023 earnings released: EPS: US$1.86 (vs US$1.86 in 3Q 2022)

Applied Materials, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2023

Upcoming dividend of US$0.32 per share at 0.9% yield

Senior VP recently sold Mex$24m worth of stock

Applied Materials, Inc dvances Heterogeneous Chip Integration with New Technologies for Hybrid Bonding and Through-Silicon Vias

Insider recently sold Mex$18m worth of stock

Second quarter 2023 earnings released: EPS: US$1.87 (vs US$1.75 in 2Q 2022)

Applied Materials, Inc. Provides Revenue Guidance for the Third Quarter of Fiscal 2023

Upcoming dividend of US$0.32 per share at 1.1% yield

Insufficient new directors

Senior VP recently sold Mex$69m worth of stock

First quarter 2023 earnings released: EPS: US$2.03 (vs US$2.02 in 1Q 2022)

Applied Materials, Inc. Provides Sales Guidance for the Second Quarter of Fiscal 2023

Upcoming dividend of US$0.26 per share at 0.9% yield

Insufficient new directors

Independent Director recently sold Mex$769k worth of stock

Independent Director recently sold Mex$769k worth of stock

Applied Materials, Inc., Annual General Meeting, Mar 09, 2023

Full year 2022 earnings released: EPS: US$7.49 (vs US$6.47 in FY 2021)

Applied Materials, Inc. Announces Quarterly Cash Dividend, Payable on March 16, 2023

Full year 2022 earnings released: EPS: US$7.49 (vs US$6.47 in FY 2021)

Applied Materials, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2023

Upcoming dividend of US$0.26 per share

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Applied Materials Appoints Kevin March to Board of Directors

Applied Materials, Inc. Announces Retirement of Ali Salehpour, Senior Vice President, Services, Display and Flexible Technology

Insider recently sold Mex$53k worth of stock

Applied Materials, Inc. Announces Quarterly Cash Dividend, Payable on December 15, 2022

Applied Materials, Inc. Announces Executive Changes

Applied Materials, Inc. Announces Retirement of Ali Salehpour as Senior Vice President, Services, Display and Flexible Technology