NASDAQ · AMAT
Technology · Semiconductors
$390.09
Down-$31.57 (-7.49%)
Updated Oct 31, 2026, 3:02 AM
SID Score
6.8/10
Composite research score
Smart Money
54/100
Neutral
Price performance · AMAT
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
AMAT closed at $390.09 after 21 trading sessions, down 27.77% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $396.79 | $405.20 | $382.62 | $390.09 | 10.28M |
| Oct 29, 2026 | $411.845 | $426.5199 | $409.8901 | $421.66 | 6.7M |
| Oct 28, 2026 | $402.665 | $421.83 | $401.44 | $416.00 | 7.1M |
| Oct 27, 2026 | $391.43 | $398.95 | $385.31 | $395.93 | 6.39M |
| Oct 26, 2026 | $380.25 | $393.18 | $378.20 | $387.59 | 6.14M |
| Oct 23, 2026 | $375.66 | $384.33 | $372.80 | $377.24 | 6.92M |
| Oct 22, 2026 | $383.32 | $389.82 | $375.16 | $375.58 | 13.02M |
| Oct 21, 2026 | $410.64 | $414.00 | $406.185 | $408.94 | 6.31M |
| Oct 20, 2026 | $405.56 | $412.46 | $399.025 | $404.98 | 6.86M |
| Oct 19, 2026 | $425.595 | $427.66 | $412.69 | $413.11 | 6.76M |
| Oct 16, 2026 | $420.26 | $426.81 | $407.26 | $409.29 | 8.55M |
| Oct 15, 2026 | $431.72 | $434.56 | $418.24 | $430.01 | 12.17M |
| Oct 14, 2026 | $454.14 | $459.48 | $445.54 | $446.63 | 8.51M |
| Oct 13, 2026 | $485.395 | $485.63 | $452.81 | $464.24 | 10.93M |
| Oct 12, 2026 | $501.02 | $501.46 | $491.83 | $497.53 | 4.18M |
| Oct 9, 2026 | $518.378 | $519.71 | $504.80 | $507.03 | 3.34M |
| Oct 8, 2026 | $509.935 | $523.34 | $502.65 | $509.57 | 6.77M |
| Oct 7, 2026 | $516.91 | $524.93 | $514.01 | $520.65 | 3.78M |
| Oct 6, 2026 | $546.00 | $546.00 | $526.52 | $530.27 | 4.88M |
| Oct 5, 2026 | $540.99 | $545.814 | $533.59 | $542.28 | 4.65M |
| Oct 2, 2026 | $543.205 | $547.25 | $535.10 | $540.04 | 6.08M |
The latest Smart Investors Daily articles mentioning AMAT.
Company
Market Activity
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AMAT research
Company profile and research snapshot.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 16, 2026 | Needham | Buy | — |
| Oct 15, 2026 | Evercore ISI Group | Outperform | — |
| Oct 14, 2026 | RBC Capital | Outperform | — |
| Sep 28, 2026 | Morgan Stanley | Equal-Weight | — |
| Sep 1, 2026 | UBS | Buy | — |
Generated Oct 30, 2026, 9:03 PM
Applied Materials shares fell sharply today, dropping $31.57 in a move that appears disconnected from recent positive developments around its BESI stake increase and hybrid bonding technology prospects. The decline may reflect broader semiconductor sector weakness or profit-taking following the stock's 9% rally since announcing its plan to lift its BESI ownership to 20%.
Bottom line: AMAT's sharp decline today appears to be a pullback rather than a fundamental repricing, as the company's strategic BESI investment and hybrid bonding positioning remain intact. Investors should monitor whether this dip represents a buying opportunity aligned with secular AI infrastructure trends or a warning sign that valuations have gotten ahead of near-term growth realities.
Yahoo · Oct 30, 2026
Key Stats for Applied Materials StockCurrent Price: $421. 66Target Price (Mid): ~$806Street Target: ~$628Potential Total Return: ~91%Annualized IRR: ~18% / yearWhat Happened?Applied Materials (AMAT:NASDAQ) has gained 8.
Yahoo · Oct 30, 2026
Navitas Semiconductor's NVIDIA 800V ecosystem inclusion strengthens its AI power opportunity, but a business shift and premium valuation pose risks.
Yahoo · Oct 30, 2026
KLA Corporation's advanced packaging business is poised for strong growth as AI chip complexity drives demand for inspection and measurement tools.
Yahoo · Oct 30, 2026
Zacks.com users have recently been watching Applied Materials (AMAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Interpretive context generated from the platform’s current data sources.
Applied Materials shares closed at $421.66, gaining 0.95% on the session but remaining under significant technical pressure over intermediate timeframes. Per SID market data, AMAT has declined 18.75% over the past month and 17.09% over the trailing three months, erasing a substantial portion of its longer-term gains. On a one-year basis, the stock still holds a 46.31% return. The 14-day relative strength index stands at 25.4, placing AMAT firmly in oversold territory and below the conventional 30 threshold. The stock trades well below both its 50-day moving average of $461.27 and its 200-day moving average of $447.27, according to Massive/Polygon data, reflecting a bearish trend structure. AMAT carries a beta of 1.677, indicating substantially higher volatility than the broader market. Average daily trading volume registers at approximately 7.49 million shares, supporting adequate liquidity for institutional participation.
Applied Materials currently trades at a price-to-earnings ratio of 37.66, reflecting a premium valuation relative to the broader Technology sector, per SID market data. The PEG ratio stands at 3.01, suggesting the stock's earnings growth rate does not fully justify its elevated P/E multiple at current levels. The price-to-book ratio registers at 13.59, according to SEC filings, indicating the market prices AMAT at a significant premium to its net asset value — consistent with capital-light semiconductor equipment business models that generate high returns on equity. Applied Materials offers a modest dividend yield of 0.49%, positioning the company as primarily a growth-oriented holding rather than an income vehicle. With a market capitalization of approximately $295.5 billion, AMAT ranks among the largest semiconductor equipment manufacturers globally. These valuation metrics collectively reflect investor expectations for sustained earnings expansion driven by secular demand trends in advanced chipmaking equipment.
Applied Materials receives a composite smart money score of 50, signaling a neutral stance among sophisticated market participants, per SID market data. Institutional positioning scores a perfect 25 out of 25, reflecting robust ownership and continued accumulation by large fund managers as documented in 13F institutional filings. In contrast, insider activity scores 0.0 out of 25, representing a notable headwind. According to SEC Form 4 filings, there have been six insider transactions over the past 90 days, comprising just one purchase against five sales. This selling pattern suggests corporate insiders have utilized recent price levels to reduce personal exposure. Congressional trading activity scores 16.7 out of 25, indicating moderate interest from lawmakers with disclosed positions. Dark pool activity registers at 8.4 out of 25, suggesting relatively limited off-exchange institutional block trading. The divergence between strong institutional conviction and persistent insider selling creates a mixed signal for investors evaluating directional positioning in AMAT shares at current levels.
Applied Materials has delivered a consistent pattern of earnings beats across its three most recently reported quarters, according to company earnings reports. In the February quarter, AMAT posted earnings per share of $2.38 versus the consensus estimate of $2.20, representing a $0.18 upside surprise. The May quarter continued this trend with EPS of $2.86 against expectations of $2.68, again beating by $0.18. The August quarter saw EPS of $3.50, surpassing the $3.39 estimate by $0.11. This trajectory demonstrates sequential earnings acceleration, with EPS growing 47.1% from the February to August reporting periods. Looking ahead, analyst estimates project EPS of $4.06 for the quarter expected to be reported on November 12, per consensus data. If achieved, this would represent continued sequential growth and further validate the demand environment for semiconductor equipment. The narrowing beat magnitude in the most recent quarter warrants monitoring as a potential trend.
Wall Street coverage of Applied Materials reflects a predominantly constructive outlook, according to recent analyst reports. In October, Needham reiterated a Buy rating, while Evercore ISI Group maintained an Outperform designation, per SID consensus data. RBC Capital also reiterated its Outperform rating on October 14, reinforcing the bullish tilt among sell-side coverage. Morgan Stanley represents the more cautious voice, maintaining an Equal-Weight rating as of its September 28 update, suggesting the stock is fairly valued at current levels relative to peers. UBS reiterated its Buy rating on September 1, adding to the weight of positive coverage. Notably, none of the five most recent analyst actions involved downgrades or target reductions — all were reiterations of existing positions. Three of five covering analysts maintain Buy or Outperform ratings, while one holds a neutral stance. This consensus alignment suggests broad agreement on Applied Materials' favorable positioning within the semiconductor equipment supply chain despite recent share price weakness.
The latest Smart Investors Daily articles mentioning AMAT.
