Where it trades today
trading 46% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- AMAT trades at 38.3x earnings, well above the technology average of 28.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility is running around 45.6%, above the sector norm of 28.0%, so position sizing matters more than usual.
- AMAT remains in a bearish short-term trend and sits 39.9% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- AMAT is more useful for investors comparing conviction names inside technology than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in AMAT.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
Methodology
- Price, market cap, beta, yield, and liquidity fields for AMAT come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for AMAT. Last refresh: Sep 18, 2026, 10:56 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What Applied Materials does
Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments. The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps, including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment offers integrated solutions to optimize equipment and fab performance and…
Employees
38,900
Industry
Semiconductor Equipment & Materials
Headquarters
Santa Clara, United States
What analysts expect
AMAT carries a strong buy consensus from 35 analysts, with an average price target of $640.89 versus $444.57 today (+44.2%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
AMAT generated $30.84B in trailing revenue (24.8% year over year), with a 30.1% net margin, and $3.08B of free cash flow, supported by $1.89B of net cash.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $28.37B | $13.81B | $8.47B | $7.00B | $8.71 | $5.70B |
| 2024 | $27.18B | $12.90B | $7.87B | $7.18B | $8.68 | $7.49B |
| 2023 | $26.52B | $12.38B | $7.65B | $6.86B | $8.16 | $7.59B |
| 2022 | $25.79B | $11.99B | $7.78B | $6.53B | $7.49 | $4.61B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
AMAT beside the technology names it is usually measured against.
What the chart is saying
Applied Materials trades at $444.57, 39.9% below its 52-week high. With a beta of 1.60, it shows more sensitivity to what the wider market does.
Questions people ask about it
Is AMAT a good buy right now?
Applied Materials trades at 38.3x earnings. This is above market average, reflecting growth expectations. Current risk level is High based on 45.6% volatility.
Does AMAT pay dividends?
Yes, Applied Materials offers a dividend yield of 0.51%. That is roughly $2.27 per share a year.
How volatile is AMAT?
With 30-day annualized volatility of 45.6% and beta of 1.60, AMAT is classified as High risk. Expect larger swings than the broader market during volatile periods.
What is the analyst price target for AMAT?
The average analyst price target for Applied Materials (AMAT) is $640.89 based on 35 analyst estimates, about 44.2% above the current price of $444.57. The published range runs from $358.00 to $900.00.
How much revenue does AMAT generate?
Applied Materials reported $30.84B in trailing twelve-month revenue. Revenue growth is running at 24.8% year over year. Net margin sits at 30.1%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.