Applied Materials Inc (AMAT · NASDAQ)
AMAT · MARKET VIEW
Market view · as of Jun 29, 2026
Revenue (TTM)
$29.02B
+11.4% YoY
Gross margin
49.0%
EPS (latest q)
$2.86
vs $2.69 est · beat
52-wk position
92.0%
-6.2% vs 52w high · +39.4% 1mo
Price (last ~year)
Applied Materials (AMAT) shares declined 6.2% to $626.84 following the company's removal from the Russell 1000 Value Benchmark, despite an 83.6% gain over the past three months. The semiconductor equipment supplier, which carries a $497.69 billion market capitalization and a 58.8 P/E ratio, posted TTM revenue of $29.02 billion with 11.4% year-over-year revenue growth and a 33.5% rise in earnings. Amid this recent volatility, Bank of America raised its price target to $720, citing a bullish outlook tied to long-term semiconductor spending plans from major manufacturers.
Valuation
- Market cap
- $497.69B
- P/E
- 58.8
- PEG
- 2.221
- P/B
- 22.18
- P/S
- 17.15
- EV/EBITDA
- 47.49
- Beta
- 1.672
- Analyst target
- $532.34
Quality & returns
- Gross margin
- 49.0%
- Operating margin
- 31.9%
- Profit margin
- 29.3%
- ROE
- 39.7%
- ROA
- 14.9%
Price movement
- Last
- $626.84
- 1-month
- +39.4%
- 3-month
- +83.6%
- RSI (14)
- 72
- vs SMA200
- +90.7%
- 52-wk position
- 92.0% -6.2% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-04-30 | $7.91B | $2.52B | $2.81B | $3.43B |
| 2026-01-31 | $7.01B | $2.10B | $2.03B | $2.52B |
| 2025-10-31 | $6.80B | $1.71B | $1.90B | $2.45B |
| 2025-07-31 | $7.30B | $2.23B | $1.78B | $2.74B |
Recent news
- Neutral Axcelis Technologies (ACLS) Is Down 5.8% After Russell Index Removal Reshapes Its Passive Ownership Profile · 2026-06-29
- Somewhat-Bullish Apollon Wealth Management LLC Raises Stock Position in Intel Corporation $INTC · 2026-06-29
- Somewhat-Bullish Applied Materials, Inc.(NasdaqGS: AMAT) dropped from Russell 1000 Value Benchmark · 2026-06-29
- Neutral Applied Materials Stock In Focus After Samsung And SK Hynix Spending Plans · 2026-06-29
- Bullish BofA raises price target on Applied Materials to $720 amid bullish semiconductor outlook · 2026-06-28
- Bullish BofA is Bullish on Applied Materials, Inc. (AMAT) · 2026-06-28
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)