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Applied Materials (AMAT) Stock Moves 1.77%: What You Should Know
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Applied Materials (AMAT - Free Report) closed at $472.46 in the latest trading session, marking a +1.77% move from the prior day. Meanwhile, the Dow experienced a drop of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Coming into today, shares of the maker of chipmaking equipment had lost 4.12% in the past month. In that same time, the Computer and Technology sector gained 6.18%, while the S&P 500 gained 1.27%.
Analysts and investors alike will be keeping a close eye on the performance of Applied Materials in its upcoming earnings disclosure. The company's earnings report is set to go public on November 12, 2026. In that report, analysts expect Applied Materials to post earnings of $4.05 per share. This would mark year-over-year growth of 86.64%. Our most recent consensus estimate is calling for quarterly revenue of $10.29 billion, up 51.28% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12.78 per share and revenue of $34.23 billion, which would represent changes of +35.67% and +20.67%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Applied Materials. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.45% rise in the Zacks Consensus EPS estimate. Currently, Applied Materials is carrying a Zacks Rank of #2 (Buy).
Investors should also note Applied Materials's current valuation metrics, including its Forward P/E ratio of 36.31. Its industry sports an average Forward P/E of 36.01, so one might conclude that Applied Materials is trading at a premium comparatively.
It is also worth noting that AMAT currently has a PEG ratio of 1.29. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Electronics - Semiconductors was holding an average PEG ratio of 1.2 at yesterday's closing price.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 47, positioning it in the top 20% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Applied Materials (AMAT) Stock Moves 1.77%: What You Should Know
Applied Materials (AMAT - Free Report) closed at $472.46 in the latest trading session, marking a +1.77% move from the prior day. Meanwhile, the Dow experienced a drop of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Coming into today, shares of the maker of chipmaking equipment had lost 4.12% in the past month. In that same time, the Computer and Technology sector gained 6.18%, while the S&P 500 gained 1.27%.
Analysts and investors alike will be keeping a close eye on the performance of Applied Materials in its upcoming earnings disclosure. The company's earnings report is set to go public on November 12, 2026. In that report, analysts expect Applied Materials to post earnings of $4.05 per share. This would mark year-over-year growth of 86.64%. Our most recent consensus estimate is calling for quarterly revenue of $10.29 billion, up 51.28% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12.78 per share and revenue of $34.23 billion, which would represent changes of +35.67% and +20.67%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Applied Materials. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.45% rise in the Zacks Consensus EPS estimate. Currently, Applied Materials is carrying a Zacks Rank of #2 (Buy).
Investors should also note Applied Materials's current valuation metrics, including its Forward P/E ratio of 36.31. Its industry sports an average Forward P/E of 36.01, so one might conclude that Applied Materials is trading at a premium comparatively.
It is also worth noting that AMAT currently has a PEG ratio of 1.29. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Electronics - Semiconductors was holding an average PEG ratio of 1.2 at yesterday's closing price.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 47, positioning it in the top 20% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.