Applied Materials (NASDAQ:AMAT) Releases Q1 2026 Earnings Guidance

by · The Cerbat Gem

Applied Materials (NASDAQ:AMAT – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.980-2.380 for the period, compared to the consensus earnings per share estimate of 2.160. The company issued revenue guidance of $6.4 billion-$7.4 billion, compared to the consensus revenue estimate of $6.8 billion.

Applied Materials Stock Up 1.2%

Shares of Applied Materials stock opened at $226.01 on Friday. The stock’s 50-day moving average is $212.28 and its 200 day moving average is $186.80. Applied Materials has a one year low of $123.74 and a one year high of $242.50. The firm has a market cap of $180.05 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.95 and a beta of 1.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76.

Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.06. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company’s revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts anticipate that Applied Materials will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMAT. Morgan Stanley cut their price objective on shares of Applied Materials from $256.00 to $252.00 and set an “overweight” rating on the stock in a research report on Friday. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Needham & Company LLC reiterated a “buy” rating and issued a $260.00 price target on shares of Applied Materials in a report on Friday. Citigroup boosted their price objective on Applied Materials from $205.00 to $250.00 and gave the company a “buy” rating in a report on Friday. Finally, Mizuho lowered their target price on Applied Materials from $215.00 to $205.00 and set a “neutral” rating on the stock in a research report on Friday. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average target price of $226.74.

View Our Latest Stock Report on Applied Materials

Institutional Trading of Applied Materials

Several institutional investors have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Applied Materials by 617.2% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock valued at $1,869,170,000 after purchasing an additional 7,856,576 shares in the last quarter. Rafferty Asset Management LLC grew its holdings in shares of Applied Materials by 39.4% in the second quarter. Rafferty Asset Management LLC now owns 2,502,036 shares of the manufacturing equipment provider’s stock valued at $458,048,000 after acquiring an additional 706,939 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in shares of Applied Materials by 9.8% during the second quarter. CANADA LIFE ASSURANCE Co now owns 1,387,850 shares of the manufacturing equipment provider’s stock valued at $254,459,000 after acquiring an additional 123,911 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Applied Materials by 9.6% during the third quarter. Raymond James Financial Inc. now owns 1,319,489 shares of the manufacturing equipment provider’s stock worth $270,152,000 after acquiring an additional 115,226 shares during the period. Finally, AQR Capital Management LLC boosted its position in Applied Materials by 60.0% in the second quarter. AQR Capital Management LLC now owns 1,094,577 shares of the manufacturing equipment provider’s stock worth $200,154,000 after purchasing an additional 410,355 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

About Applied Materials

(Get Free Report)

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.

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