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AMAT logo

Applied Materials NasdaqGS:AMAT Stock Report

Last Price

US$161.59

Market Cap

US$129.9b

7D

-0.4%

1Y

-26.2%

Updated

28 May, 2025

Data

Company Financials +

Applied Materials, Inc.

NasdaqGS:AMAT Stock Report

Market Cap: US$129.9b

AMAT Stock Overview

Engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. More details

AMAT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 0.9% below our estimate of its fair value

Earnings are forecast to grow 9.3% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 22.6%

Risk Analysis

AMAT passed our risk checks.

Community vs My Fair Value

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Select a narrative for quick price alerts from the community, or create your own.

AMAT logo
Applied Materials
AN
AnalystConsensusTarget
Consensus Narrative from 32 Analysts

Advancements In AI And Emerging Technologies Will Strengthen Future Market Position

Key Takeaways Anticipated growth from AI and innovations in device architecture could significantly increase total available market and positively impact revenues. Leadership in emerging technologies and integrated solutions positions Applied Materials for market share gains, boosting revenue and optimizing earnings.
View narrative
US$201.77
FV
19.9% undervalued intrinsic discount
6.17%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
195users have followed this narrative
about 2 hours ago author updated this narrative
AMAT logo
Applied Materials
AN
AnalystLowTarget
Consensus Narrative from 32 Analysts

Overcoming Trade Restrictions And Evolving ICAPS Will Create Opportunities

Key Takeaways Trade restrictions and slowed DRAM and ICAPS sales may significantly limit revenue growth, especially from the China market. Advanced technologies offer growth potential, but may not achieve the high revenue increases expected, affecting earnings projections.
View narrative
US$178.25
FV
9.3% undervalued intrinsic discount
2.61%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
28 days ago author updated this narrative
AMAT logo
Applied Materials
UN
Unike
Community Contributor

Applied Materials to Ride the AI Boom with a 7% Revenue Growth Outlook

Catalysts Most Immediate Catalysts (1–2 Years) Semiconductor Equipment Demand – As AI, cloud computing, and automotive chips grow, chipmakers (TSMC, Intel, Samsung) are increasing fab capacity, boosting demand for AMAT’s semiconductor equipment. AI Boom & High-Performance Computing – AI chips (from Nvidia, AMD, and Intel) require advanced manufacturing tools, where AMAT is a key supplier.
View narrative
US$194.11
FV
16.8% undervalued intrinsic discount
7.00%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
15users have followed this narrative
2 months ago author updated this narrative
AMAT logo
Applied Materials
AN
AnalystHighTarget
Consensus Narrative from 32 Analysts

Accelerating AI And IoT Trends Will Energize Equipment Demand

Key Takeaways Applied Materials is poised for strong growth due to demand for advanced chips, innovation in high-value equipment, and expansion of recurring service revenues. Strategic investments in co-innovation and advanced partnerships solidify its critical industry role, supporting premium pricing and expanding margins.
View narrative
US$250.00
FV
35.4% undervalued intrinsic discount
8.04%
Revenue growth p.a.
0users have liked this narrative
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28 days ago author updated this narrative
View Applied Materials Community

Applied Materials, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Applied Materials
Historical stock prices
Current Share PriceUS$161.59
52 Week HighUS$255.89
52 Week LowUS$123.74
Beta1.7
1 Month Change7.16%
3 Month Change3.16%
1 Year Change-26.23%
3 Year Change41.18%
5 Year Change179.52%
Change since IPO67,714.89%

Recent News & Updates

Applied Materials, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 17
Applied Materials, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Applied Materials (NASDAQ:AMAT) Will Pay A Larger Dividend Than Last Year At $0.46

May 16
Applied Materials (NASDAQ:AMAT) Will Pay A Larger Dividend Than Last Year At $0.46

Applied Materials Earnings: This Stock Remains A Buy

May 15

Recent updates

Applied Materials, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 17
Applied Materials, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Applied Materials (NASDAQ:AMAT) Will Pay A Larger Dividend Than Last Year At $0.46

May 16
Applied Materials (NASDAQ:AMAT) Will Pay A Larger Dividend Than Last Year At $0.46

Applied Materials Earnings: This Stock Remains A Buy

May 15

Applied Materials' (NASDAQ:AMAT) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25
Applied Materials' (NASDAQ:AMAT) Upcoming Dividend Will Be Larger Than Last Year's

Applied Materials Vs. ASML: The Ideal Pick During This Cyclical Downturn

Apr 19

It's A Story Of Risk Vs Reward With Applied Materials, Inc. (NASDAQ:AMAT)

Mar 27
It's A Story Of Risk Vs Reward With Applied Materials, Inc. (NASDAQ:AMAT)
author-image

Applied Materials to Ride the AI Boom with a 7% Revenue Growth Outlook

Semiconductor Equipment Demand – As AI, cloud computing, and automotive chips grow, chipmakers (TSMC, Intel, Samsung) are increasing fab capacity, boosting demand for AMAT’s semiconductor equipment.

Applied Materials: Massive Share Buyback Is Positive

Mar 18

Applied Materials (NASDAQ:AMAT) Is Increasing Its Dividend To $0.46

Mar 15
Applied Materials (NASDAQ:AMAT) Is Increasing Its Dividend To $0.46

We Think Some Shareholders May Hesitate To Increase Applied Materials, Inc.'s (NASDAQ:AMAT) CEO Compensation

Feb 27
We Think Some Shareholders May Hesitate To Increase Applied Materials, Inc.'s (NASDAQ:AMAT) CEO Compensation

Applied Materials: Stay On The Sidelines For Now (Technical Analysis)

Feb 25

Applied Materials Earnings: Why It's Dropping And Why I'm Buying

Feb 14

Applied Materials Will Be A Semiconductor Leader In 2025

Jan 22

Investors Shouldn't Overlook Applied Materials' (NASDAQ:AMAT) Impressive Returns On Capital

Jan 13
Investors Shouldn't Overlook Applied Materials' (NASDAQ:AMAT) Impressive Returns On Capital

These 4 Measures Indicate That Applied Materials (NASDAQ:AMAT) Is Using Debt Safely

Dec 22
These 4 Measures Indicate That Applied Materials (NASDAQ:AMAT) Is Using Debt Safely

Applied Materials In 2025: Cloudy With A Chance Of Windfalls

Dec 19

Are Investors Undervaluing Applied Materials, Inc. (NASDAQ:AMAT) By 22%?

Nov 30
Are Investors Undervaluing Applied Materials, Inc. (NASDAQ:AMAT) By 22%?

Applied Materials Q4 Preview: Can Regulatory Headwinds Trump AI Catalysts?

Nov 11

If EPS Growth Is Important To You, Applied Materials (NASDAQ:AMAT) Presents An Opportunity

Nov 10
If EPS Growth Is Important To You, Applied Materials (NASDAQ:AMAT) Presents An Opportunity

Should You Investigate Applied Materials, Inc. (NASDAQ:AMAT) At US$190?

Oct 30
Should You Investigate Applied Materials, Inc. (NASDAQ:AMAT) At US$190?

Applied Materials Is Great But Fairly Valued

Oct 26

Applied Materials' Record Growth Fuels Momentum

Sep 24
author-image

How AI And Semiconductor Innovations Propel Revenue Growth

Accelerating demand for AI and data center computing is set to boost Applied Materials' DRAM and HBM system shipments, enhancing future revenue.

Applied Materials (NASDAQ:AMAT) Has A Rock Solid Balance Sheet

Sep 16
Applied Materials (NASDAQ:AMAT) Has A Rock Solid Balance Sheet

Applied Materials: Growth Potential In DRAM, HBM & Energy Efficiency; Initiate With Buy

Aug 28

Earnings Update: Applied Materials, Inc. (NASDAQ:AMAT) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Aug 25
Earnings Update: Applied Materials, Inc. (NASDAQ:AMAT) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Estimating The Fair Value Of Applied Materials, Inc. (NASDAQ:AMAT)

Aug 18
Estimating The Fair Value Of Applied Materials, Inc. (NASDAQ:AMAT)

Time To Get Out Of Applied Materials

Aug 17

Does Applied Materials (NASDAQ:AMAT) Deserve A Spot On Your Watchlist?

Aug 06
Does Applied Materials (NASDAQ:AMAT) Deserve A Spot On Your Watchlist?

Applied Materials: Short-Term Headwinds Overshadow Long-Term Tailwinds

Aug 05

Investors Should Be Encouraged By Applied Materials' (NASDAQ:AMAT) Returns On Capital

Jul 26
Investors Should Be Encouraged By Applied Materials' (NASDAQ:AMAT) Returns On Capital

Applied Materials, Inc. (NASDAQ:AMAT) Investors Are Less Pessimistic Than Expected

Jul 15
Applied Materials, Inc. (NASDAQ:AMAT) Investors Are Less Pessimistic Than Expected

Applied Materials: Price Has Soared But The Earnings Haven't Kept Up

Jul 08

At US$243, Is It Time To Put Applied Materials, Inc. (NASDAQ:AMAT) On Your Watch List?

Jul 04
At US$243, Is It Time To Put Applied Materials, Inc. (NASDAQ:AMAT) On Your Watch List?

Applied Materials: Strong AI Compounder

Jun 19

Applied Materials: Q2 Earnings Results Simply Not Good Enough

May 17

Applied Materials: Capitalizing On Centura Sculpta And OLED Expansion

Apr 23

Applied Materials: Strong Growth Cycle Up Ahead

Apr 17

Applied Materials Long-Term Opportunities Vs. Risks: Hold Rating Explained

Apr 09
author-image

Investments in Advanced Technologies Poised to Significantly Boost Revenue Streams

Expansion in high-bandwidth memory for DRAM and advanced packaging expected to significantly drive revenue and market share.

Applied Materials' WFE Market Share Plummets 5% Below ASML In 2023

Mar 04

Shareholder Returns

AMATUS SemiconductorUS Market
7D-0.4%0.4%-0.3%
1Y-26.2%8.8%11.3%

Return vs Industry: AMAT underperformed the US Semiconductor industry which returned 8.8% over the past year.

Return vs Market: AMAT underperformed the US Market which returned 11.3% over the past year.

Price Volatility

Is AMAT's price volatile compared to industry and market?
AMAT volatility
AMAT Average Weekly Movement8.1%
Semiconductor Industry Average Movement10.4%
Market Average Movement8.0%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market4.2%

Stable Share Price: AMAT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AMAT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196735,700Gary Dickersonwww.appliedmaterials.com

Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display. The Semiconductor Systems segment develops, manufactures, and sells semiconductor capital equipment that is used to fabricate semiconductor chips or integrated circuits.

Applied Materials, Inc. Fundamentals Summary

How do Applied Materials's earnings and revenue compare to its market cap?
AMAT fundamental statistics
Market capUS$129.87b
Earnings (TTM)US$6.76b
Revenue (TTM)US$28.09b
19.2x
P/E Ratio
4.6x
P/S Ratio

Is AMAT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMAT income statement (TTM)
RevenueUS$28.09b
Cost of RevenueUS$14.57b
Gross ProfitUS$13.52b
Other ExpensesUS$6.76b
EarningsUS$6.76b

Last Reported Earnings

Apr 27, 2025

Next Earnings Date

n/a

Earnings per share (EPS)8.42
Gross Margin48.14%
Net Profit Margin24.06%
Debt/Equity Ratio33.0%

How did AMAT perform over the long term?

See historical performance and comparison

Dividends

1.1%
Current Dividend Yield
20%
Payout Ratio

Does AMAT pay a reliable dividends?

See AMAT dividend history and benchmarks
When do you need to buy AMAT by to receive an upcoming dividend?
Applied Materials dividend dates
Ex Dividend DateMay 22 2025
Dividend Pay DateJun 12 2025
Days until Ex dividend7 days
Days until Dividend pay date14 days

Does AMAT pay a reliable dividends?

See AMAT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/28 21:51
End of Day Share Price 2025/05/28 00:00
Earnings2025/04/27
Annual Earnings2024/10/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Applied Materials, Inc. is covered by 61 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jagadish IyerArete Research Services LLP
James KelleherArgus Research Company
Ishan MajumdarBaptista Research