Applied Materials reports record revenue. Applied Materials stock gains 1.60 percent

Published on 10/19/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 9.12 billion on August 13, 2026. Applied Materials stock costs EUR 377.50 on October 19, 2026, 1.60 percent above Xetra close.

Applied Materials investor markers

Applied Materials reported third-quarter revenue of USD 9.12 billion on August 13, 2026.
Morgan Stanley cut its target from USD 642.00 to USD 563.00 on September 28, 2026.
Applied Materials stock trades at EUR 377.50 at 9:40 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.60 percent above the Xetra close of October 16, 2026 at EUR 371.55.
The next earnings date is November 12, 2026, and the dividend record date is November 19, 2026.

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Applied Materials (ISIN US0382221051) stock was trading at EUR 377.50 at Lang & Schwarz on October 19, 2026, at 9:40 a.m. CEST, up 1.60 percent versus the Xetra close of October 16, 2026 at EUR 371.55. The company had reported record third-quarter revenue of USD 9.12 billion on August 13, 2026, according to Applied Materials.

Record revenue sets the baseline

Applied Materials said third-quarter revenue rose 25.00 percent from USD 7.30 billion a year earlier to USD 9.12 billion. GAAP net income increased 43.00 percent to USD 2.54 billion, while GAAP earnings per share reached USD 3.17, according to the August 13, 2026 release.

The company also guided fourth-quarter fiscal 2026 revenue to USD 10.25 billion, plus or minus USD 500.00 million, and non-GAAP diluted earnings per share to USD 4.02, plus or minus USD 0.20. The guidance gives the stock a concrete earnings milestone before the next report.

What does the margin mean?

The margin trend remains the clearest operating signal. Third-quarter GAAP gross margin was 50.30 percent, up from 48.80 percent a year earlier, while GAAP operating margin rose to 33.70 percent from 30.60 percent, the company reported.

Targets meet a valuation test

According to Yahoo Finance on September 29, 2026, Morgan Stanley cut its Applied Materials price target on September 28, 2026, from USD 642.00 to USD 563.00 while keeping an Equal-weight rating. The target reduction contrasts with the company's stronger quarterly figures and leaves valuation as a central counter-factor.

Applied Materials also reported that China supplied 28.00 percent of third-quarter revenue, down from 35.00 percent a year earlier. That mix shift is a measurable risk for a semiconductor-equipment business exposed to export controls and regional capacity spending.

Next dates are already set

Simply Wall St lists November 12, 2026 as the next earnings date and November 19, 2026 as the dividend record date. The calendar places the next major test of the USD 10.25 billion revenue outlook less than one month ahead.

Stock price and market value

At EUR 377.50, the Lang & Schwarz quote stood 1.60 percent above the Xetra close of EUR 371.55 on October 16, 2026. The primary listing is Nasdaq, where the October 16, 2026 market capitalization was USD 324.8 billion and the 52-week range was USD 203.40 to USD 739.67.

The further course of trading is shown by the continuously updated real-time quote of Applied Materials stock.