Applied Materials stock gains on $9.12 billion quarter
Published on 08/30/2026 at 17:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Applied Materials stock is being priced against a $9.12 billion quarter and $3.50 in adjusted EPS after the company reported results on August 13, 2026. The shares also carry a $366.38 billion market capitalization, while the latest quote snapshot showed an opening price of $461.67 on August 29, 2026.
Results reset the debate
The latest quarter brought revenue up 24.8% year over year to $9.12 billion, while earnings rose from $2.48 a year earlier to $3.50 a share. Those figures left the company ahead of estimates that put revenue at $8.99 billion and EPS at $3.40.
That comparison matters because Applied Materials is not just selling into a cyclical chip market anymore. In the latest report, management set Q4 2026 EPS guidance at $3.82 to $4.22, which gives investors a fresh marker for the next leg of the cycle.
AI demand stays central
The quarter also highlighted how AI-related capital spending is reshaping orders for chipmaking equipment. Revenue growth of 24.8% and a $0.10 EPS beat point to a business that is still translating demand into profit at scale.
For valuation context, the stock carried a 12-month range of $154.46 to $739.67 and a 200-day moving average of $456.77 in the latest market snapshot. Trading near that long-term average keeps the chart anchored even after the post-earnings rerating.
Applied Materials products
Applied Materials builds deposition, etch, inspection, and metrology systems for semiconductor fabs. Its service work sits alongside the equipment business and helps stabilize revenue through upgrades, maintenance, and process support.
Stock level to watch
Applied Materials stock opened at $461.67 on August 29, 2026, with a market cap of $366.38 billion. The move leaves the shares well above their $154.46 low for the past 12 months and below the $739.67 high.
Fact box
Company: Applied Materials, Inc.
ISIN: US0382221051
Ticker: AMAT
Exchange: Nasdaq
Sector / Industry: Information Technology / Semiconductor Equipment
Index membership: S&P 500
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Applied Materials chart and chip tools
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Applied Materials shares and semiconductor tools
