Applied Materials expands Besi partnership and Applied Materials stock trades at EUR 478.50

Published on 10/05/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut its target to USD 563.00 on September 28, 2026. Applied Materials stock costs EUR 478.50 on October 5, 2026 after EUR 479.18.

Pop-Art-Comic-Szene mit Ingenieurin im Bunny-Suit und Silizium-Wafer — Applied Materials Inc. (US0382221051) präsentiert farbenfrohe Pop-Art-Comic-Szene mit Ingenieurin im Bunny-Suit und leuchtendem Silizium-Wafer, Illustration mit AI erstellt.

Applied Materials (ISIN US0382221051) was trading at EUR 478.50 at Lang & Schwarz on October 5, 2026 at 1:49 p.m. CEST, down 0.14 percent from the prior close of EUR 479.18. The company expanded its strategic partnership with Besi on October 1, 2026, with Besi joining the EPIC Center as an innovation partner, according to Globe Newswire.

Advanced packaging gets a broader test

The expanded collaboration covers next-generation 3D integrated circuit scaling, logic and memory integration, thermo-compression bonding and photonics-enabled interconnects. Besi engineers will work with Applied Materials teams at the EPIC Center, extending a joint development program that began in 2020.

The commercial link is the new USD 5.00 billion EPIC Center investment in Silicon Valley. The facility is designed to connect early-stage materials research with high-volume manufacturing, giving Applied Materials a platform to pursue value across more of the packaging flow.

Record quarter meets valuation caution

Applied Materials reported fiscal third-quarter 2026 revenue of USD 9.12 billion and record non-GAAP earnings per share of USD 3.50, according to Yahoo Finance. The same report said non-GAAP gross margin reached 50.40 percent and fourth-quarter revenue guidance was USD 10.25 billion.

The counterweight is valuation. Morgan Stanley cut its price target from USD 642.00 to USD 563.00 on September 28, 2026, while keeping an Equal-weight rating and raising its 2027 revenue forecast to USD 50.70 billion, as reported by Yahoo Finance. The contrast points to a market debate over earnings growth versus the valuation multiple applied to it.

Stock price and market scale

Applied Materials had a market capitalization of USD 428.8 billion as of October 2, 2026. Its 52-week range was USD 203.40 to USD 739.67, leaving the Lang & Schwarz euro quote below the upper end after accounting for the separate currency bases.

Stock Analysis lists Applied Materials on NASDAQ under ticker AMAT and identifies the company as a technology-sector semiconductor equipment and materials provider. The business operates through Semiconductor Systems and Applied Global Services, linking equipment sales with services, upgrades and factory automation software.

Applied Materials stock stays near EUR 479

The Applied Materials stock quote was EUR 478.50 at Lang & Schwarz on October 5, 2026 at 1:49 p.m. CEST, minus 0.14 percent versus the Lang & Schwarz prior close of EUR 479.18. The further course of trading is shown by the continuously updated real-time quote of Applied Materials stock.