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AM
NYSE · AMAT
Applied Materials, Inc.
Technology · Semiconductors
$435.91
Down-$2.55 (-0.58%)
Updated Sep 4, 2026, 12:50 PM
SID Score
6.9/10
Composite research score
Smart Money
47/100
Neutral
- Market cap
- 295.46B
- P/E ratio
- 37.66
- Dividend yield
- 0.41%
- 52-week range
- $246.92 – $739.67
- Volume
- 6M
- Avg. volume
- 7.49M
Price performance
AMAT price history
1M range · 21 trading sessions · Daily adjusted prices
AMAT closed at $435.91 after 21 trading sessions, down 17.36% for the selected period.
- Last close
- $435.91
- Period change
- -17.36%
- Period low
- $435.91
- Period high
- $548.15
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 3, 2026 | $432.415 | $437.1433 | $426.13 | $435.91 | 6M |
| Sep 2, 2026 | $443.50 | $443.50 | $433.57 | $438.46 | 6.52M |
| Sep 1, 2026 | $450.72 | $451.45 | $438.83 | $441.85 | 7.15M |
| Aug 31, 2026 | $462.41 | $465.90 | $453.91 | $458.39 | 6.18M |
| Aug 28, 2026 | $476.26 | $477.965 | $460.51 | $461.67 | 6.53M |
| Aug 27, 2026 | $481.495 | $484.98 | $471.00 | $482.36 | 6.29M |
| Aug 26, 2026 | $479.74 | $480.6699 | $472.40 | $479.76 | 5.19M |
| Aug 25, 2026 | $490.06 | $492.30 | $475.88 | $480.04 | 5.19M |
| Aug 24, 2026 | $481.875 | $489.74 | $473.67 | $484.19 | 9.27M |
| Aug 21, 2026 | $503.00 | $503.50 | $483.13 | $492.32 | 5.53M |
| Aug 20, 2026 | $489.58 | $499.89 | $487.4701 | $496.21 | 6.6M |
| Aug 19, 2026 | $508.41 | $513.48 | $488.55 | $496.17 | 6.57M |
| Aug 18, 2026 | $507.37 | $516.83 | $497.73 | $514.33 | 8.61M |
| Aug 17, 2026 | $518.00 | $539.81 | $515.12 | $535.31 | 9.62M |
| Aug 14, 2026 | $499.40 | $523.00 | $497.10 | $507.18 | 13.13M |
| Aug 13, 2026 | $548.81 | $563.755 | $531.79 | $534.54 | 12.96M |
| Aug 12, 2026 | $548.00 | $553.75 | $544.895 | $548.15 | 7.5M |
| Aug 11, 2026 | $539.99 | $539.99 | $522.655 | $525.61 | 6.97M |
| Aug 10, 2026 | $555.00 | $555.32 | $521.57 | $522.12 | 7.02M |
| Aug 7, 2026 | $539.59 | $545.94 | $528.00 | $539.14 | 4.56M |
| Aug 6, 2026 | $525.34 | $539.50 | $511.05 | $527.48 | 4.17M |
Latest AMAT news
The latest Smart Investors Daily articles mentioning AMAT.
Stock researchCompany · Overview
AMAT research
Overview
Company profile and research snapshot.
Company profile
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 websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $255.27
- Implied upside
- —
- Analysts
- 26
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 1, 2026 | UBS | Buy | — |
| Aug 25, 2026 | Mizuho | Outperform | — |
| Aug 14, 2026 | RBC Capital | Outperform | — |
| Aug 14, 2026 | B. Riley Securities | Buy | — |
| Aug 14, 2026 | JP Morgan | Overweight | — |
News briefing
Generated Sep 3, 2026, 9:02 PM
Why Is AMAT Down Today? AI Momentum Faces Short-Term Headwinds
Applied Materials declined 0.58% today as the semiconductor equipment sector experiences profit-taking following a strong run fueled by AI-driven wafer fab equipment (WFE) demand. While the broader market navigates geopolitical concerns and interest rate fears, AMAT's recent 14% monthly pullback presents a critical inflection point for investors.
Bottom line: Applied Materials remains a fundamentally well-positioned company in the AI semiconductor supercycle, as evidenced by UBS's raised price target and industry leadership commentary affirming sustained demand. However, the recent 14% monthly pullback and today's modest decline suggest near-term valuation concerns and profit-taking are creating a potential buying opportunity for long-term investors, provided macro headwinds (rates, geopolitics) don't derail the broader capex cycle.
Yahoo · Sep 3, 2026
Can Applied Materials (AMAT) Still Look Cheap After A 237% Run?
Applied Materials stock has delivered very strong gains for long term holders over the past five years, yet its recent pullback and mixed valuation score leave investors weighing how much upside may still be priced in. With the share price resetting after a sharp run, the key question is how the current level lines up with the broader valuation checks. Applied Materials has returned 236.5% over the past five years, which puts recent weakness into context and raises the bar for what counts as...
Yahoo · Sep 3, 2026
Why Did Applied Materials Stock Nearly Triple On Single-Digit Trailing Revenue Growth?
Applied Materials (AMAT) stock has returned about 180% over the past year, against roughly a fifth for the S&P 500. Nothing in the trailing revenue looks like that. Revenue over the trailing twelve months grew 7.8%. What re-rated the shares was a forecast management raised twice between February and August, and the reason that forecast kept rising is the part worth knowing.
Yahoo · Sep 3, 2026
AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?
Applied Materials is benefiting from AI-driven semiconductor demand, with advanced packaging, DRAM and HBM fueling growth as fab investments accelerate globally.
AI research layers
Interpretive context generated from the platform’s current data sources.
Applied Materials Stock Performance
Applied Materials shares closed at $435.91, reflecting a daily gain of 0.95% but significant underperformance over recent periods, per SID market data. The stock has declined 19.79% over the past month and 12.44% over the trailing three months, though it retains a 63.6% gain over the prior twelve months. AMAT is trading well below its 50-day moving average of $541.05, representing a discount of approximately 19.4% to that technical level, while it remains modestly above its 200-day moving average of $421.06. The 14-day relative strength index stands at 19.5, placing the stock firmly in oversold territory below the conventional 30 threshold. According to Massive/Polygon data, average daily trading volume is approximately 7.49 million shares. The stock carries a beta of 1.677, indicating substantially higher volatility relative to the broader market. Applied Materials holds a market capitalization of approximately $295.5 billion.
Applied Materials Valuation Analysis
Applied Materials currently trades at a price-to-earnings ratio of 37.66, reflecting a premium valuation within the semiconductor equipment sector, per SID market data. The PEG ratio stands at 3.01, suggesting the stock's earnings growth rate does not fully support its elevated P/E multiple at current levels. The price-to-book ratio of 13.59 indicates investors are paying a significant premium over the company's net asset value, consistent with capital-light, high-margin business models in the technology sector. According to SEC filings, the company offers a dividend yield of approximately 0.49%, providing minimal income return relative to its share price. These valuation metrics position AMAT at a premium compared to broader market averages, though they remain consistent with historical norms for leading semiconductor equipment manufacturers benefiting from secular trends in artificial intelligence and advanced chip fabrication. The current pullback has not materially compressed these multiples to discount levels.
Smart Money Activity for AMAT
Applied Materials registers a composite smart money score of 47 out of 100, reflecting a neutral overall signal, per SID market data. Institutional positioning scores a perfect 25 out of 25, indicating strong conviction among large asset managers and funds. However, insider activity tells a contrasting story — the insider component scores 0.0 out of 25, driven by heavily lopsided selling. According to SEC Form 4 filings, there have been 20 insider transactions over the past 90 days, comprising 19 sells against just 1 buy. This pronounced insider selling pattern suggests corporate officers and directors have been consistently reducing personal exposure during the stock's recent decline. Dark pool activity scores 10.3 out of 25, reflecting moderate levels of institutional block trading off public exchanges. Congressional trading activity registers at 12 out of 25, based on 13F institutional filings and congressional disclosure data, suggesting mixed sentiment among political officeholders. The divergence between institutional ownership strength and insider selling warrants close monitoring going forward.
Applied Materials Earnings Outlook
Applied Materials has delivered consistent earnings beats across its three most recently reported quarters, according to company earnings reports. In the fiscal quarter reported on August 13, 2026, the company posted earnings per share of $3.50 versus an estimate of $3.39, a positive surprise of $0.11. The prior quarter reported on May 14, 2026, showed EPS of $2.86 against a consensus estimate of $2.68, representing a beat of $0.18. The February 12, 2026, report similarly exceeded expectations with actual EPS of $2.38 versus the $2.20 estimate, also an $0.18 surprise. The sequential acceleration from $2.38 to $2.86 to $3.50 in reported EPS demonstrates robust quarterly earnings growth of approximately 47% over the three-quarter span. Per analyst estimates, the upcoming quarter carries a consensus EPS forecast of $2.25. This consistent pattern of outperformance suggests underlying demand dynamics in semiconductor equipment remain favorable for the company.
Wall Street Analyst Ratings for AMAT
Wall Street consensus remains firmly bullish on Applied Materials, with all five most recent analyst actions reiterating positive ratings, per SID consensus data. On September 1, 2026, UBS maintained its Buy rating on AMAT, while Mizuho reiterated its Outperform stance on August 25, 2026. Following the company's strong August 13 earnings report, three firms issued simultaneous reiterations on August 14: RBC Capital maintained Outperform, B. Riley Securities maintained Buy, and JP Morgan held its Overweight rating. Notably, none of the five recent analyst actions involved downgrades or rating changes — each firm reaffirmed its prior bullish positioning. According to Wall Street analyst reports, this unanimity among major investment banks including UBS, JP Morgan, Mizuho, and RBC Capital reflects broad institutional confidence in Applied Materials' fundamental trajectory despite the stock's 19.79% monthly decline. The absence of any Hold or Sell ratings among recent coverage updates indicates the selloff is viewed as disconnected from underlying business performance.
