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Applied Materials NasdaqGS:AMAT Stock Report

Last Price

US$168.37

Market Cap

US$137.0b

7D

4.3%

1Y

3.2%

Updated

26 Dec, 2024

Data

Company Financials +

Applied Materials, Inc.

NasdaqGS:AMAT Stock Report

Market Cap: US$137.0b

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
Valuation6/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 27.1% below our estimate of its fair value

Earnings are forecast to grow 7.64% per year

Earnings grew by 4.8% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 27.2%

Risk Analysis

No risks detected for AMAT from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 33 Analysts

Energy-Efficient Computing And Material Science Innovations Will Drive Semiconductor Revenue Growth And Boost Margins

Key Takeaways Innovations in energy-efficient computing and material science, like gate-all-around transistors, are expected to drive significant semiconductor revenue growth. Strategic focus on integrated solutions and R&D investments are anticipated to boost margins, market entry speed, and expand recurring service revenues.
View narrative
US$214.22
FV
21.4% undervalued intrinsic discount
7.06%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
37users have followed this narrative
Updated narrative

Applied Materials, Inc. Competitors

NXP Semiconductors

NasdaqGS:NXPI

US$54.7b

Teradyne

NasdaqGS:TER

US$21.2b

KLA

NasdaqGS:KLAC

US$87.0b

Lam Research

NasdaqGS:LRCX

US$95.0b

Price History & Performance

Summary of share price highs, lows and changes for Applied Materials
Historical stock prices
Current Share PriceUS$168.37
52 Week HighUS$255.89
52 Week LowUS$148.05
Beta1.51
1 Month Change-2.79%
3 Month Change-17.84%
1 Year Change3.22%
3 Year Change6.58%
5 Year Change170.69%
Change since IPO70,560.27%

Recent News & Updates

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%?

Recent updates

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

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

Is Applied Materials, Inc. (NASDAQ:AMAT) Worth US$199 Based On Its Intrinsic Value?

May 01
Is Applied Materials, Inc. (NASDAQ:AMAT) Worth US$199 Based On Its Intrinsic Value?

Applied Materials: Capitalizing On Centura Sculpta And OLED Expansion

Apr 23

Applied Materials' (NASDAQ:AMAT) Dividend Will Be Increased To $0.40

Apr 19
Applied Materials' (NASDAQ:AMAT) Dividend Will Be Increased To $0.40

Applied Materials: Strong Growth Cycle Up Ahead

Apr 17

Capital Investments At Applied Materials (NASDAQ:AMAT) Point To A Promising Future

Apr 15
Capital Investments At Applied Materials (NASDAQ:AMAT) Point To A Promising Future

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

Apr 09

Applied Materials (NASDAQ:AMAT) Is Increasing Its Dividend To $0.40

Mar 31
Applied Materials (NASDAQ:AMAT) Is Increasing Its Dividend To $0.40

Here's Why Applied Materials (NASDAQ:AMAT) Has Caught The Eye Of Investors

Mar 29
Here's Why Applied Materials (NASDAQ:AMAT) Has Caught The Eye Of Investors

Applied Materials (NASDAQ:AMAT) Will Pay A Larger Dividend Than Last Year At $0.40

Mar 17
Applied Materials (NASDAQ:AMAT) Will Pay A Larger Dividend Than Last Year At $0.40

Does Applied Materials (NASDAQ:AMAT) Have A Healthy Balance Sheet?

Mar 14
Does Applied Materials (NASDAQ:AMAT) Have A Healthy Balance Sheet?

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

Mar 04

Applied Materials, Inc.'s (NASDAQ:AMAT) 28% Price Boost Is Out Of Tune With Earnings

Mar 02
Applied Materials, Inc.'s (NASDAQ:AMAT) 28% Price Boost Is Out Of Tune With Earnings

Applied Materials: Why I'm Moving To The Sidelines After Q1

Feb 16

Applied Materials: High Growth In U.S. And Europe Markets

Feb 01

Is There Now An Opportunity In Applied Materials, Inc. (NASDAQ:AMAT)?

Jan 31
Is There Now An Opportunity In Applied Materials, Inc. (NASDAQ:AMAT)?

Applied Materials: Trading Near Fair Value After Recent Run Up

Jan 23

Here's What Applied Materials' (NASDAQ:AMAT) Strong Returns On Capital Mean

Jan 09
Here's What Applied Materials' (NASDAQ:AMAT) Strong Returns On Capital Mean

Shareholder Returns

AMATUS SemiconductorUS Market
7D4.3%7.0%2.8%
1Y3.2%75.8%24.5%

Return vs Industry: AMAT underperformed the US Semiconductor industry which returned 75.8% over the past year.

Return vs Market: AMAT underperformed the US Market which returned 24.5% over the past year.

Price Volatility

Is AMAT's price volatile compared to industry and market?
AMAT volatility
AMAT Average Weekly Movement5.8%
Semiconductor Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

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 (6%) 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$137.00b
Earnings (TTM)US$7.18b
Revenue (TTM)US$27.18b

19.1x

P/E Ratio

5.0x

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$27.18b
Cost of RevenueUS$14.28b
Gross ProfitUS$12.90b
Other ExpensesUS$5.72b
EarningsUS$7.18b

Last Reported Earnings

Oct 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.82
Gross Margin47.46%
Net Profit Margin26.41%
Debt/Equity Ratio32.9%

How did AMAT perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

18%

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 DateFeb 20 2025
Dividend Pay DateMar 13 2025
Days until Ex dividend56 days
Days until Dividend pay date77 days

Does AMAT pay a reliable dividends?

See AMAT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 00:50
End of Day Share Price 2024/12/24 00:00
Earnings2024/10/27
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 here.

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 .

Analyst Sources

Applied Materials, Inc. is covered by 60 analysts. 33 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