Applied Materials stock holds firm after a $3.50 EPS beat
Published on 08/27/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Applied Materials Inc. (US0382221051) posted $3.50 in earnings per share for the quarter announced on August 13, 2026, topping the $3.40 consensus by $0.10 while revenue reached $9.12 billion. The stock opened at $479.76 on August 27, 2026, and the company was valued at $380.74 billion in the latest market snapshot.
Latest quarter still matters
That August 13 report also showed revenue up 24.8% from $7.32 billion a year earlier, with net margin at 30.05% and return on equity at 38.02%. The comparison is important for investors because the quarter combined a double-digit top-line beat with profitability that stayed unusually high for a capital equipment maker.
Applied Materials also guided fourth-quarter 2026 earnings per share to $3.82-$4.22, a range that sits above the latest quarterly print and gives the market a fresh reference point for the next leg of the cycle.
Analysts stay constructive
Consensus data compiled by MarketBeat shows a Moderate Buy rating and an average target price of $657.76, while the same snapshot puts the 52-week range at $154.46 to $739.67 and the price-to-earnings ratio at 41.36. That makes the shares look expensive against the annual range, but the target still leaves room above the latest open.
Applied Materials was also described as benefiting from AI infrastructure spending and stronger demand for advanced DRAM, high-bandwidth memory, leading-edge logic, and advanced packaging. The mix matters because those categories sit close to the company's core equipment and services business.
What the company sells
Applied Materials builds deposition, etch, metrology, and packaging tools used in chip fabrication, along with factory software and services tied to semiconductor production. Applied Global Services adds a recurring layer through parts and support, which helps smooth the earnings profile when equipment demand is less predictable.
Stock level to watch
Applied Materials stock opened at $479.76 on August 27, 2026, against a 52-week high of $739.67 and a 200-day moving average of $455.61. The latest market cap was $380.74 billion.
Fact box
Company: Applied Materials Inc.
ISIN: US0382221051
Ticker: AMAT
Exchange: Nasdaq
Price (as of August 27, 2026): $479.76 USD
Market cap: $380.74 billion
Sector / Industry: Information Technology / Semiconductor Equipment
Index membership: S&P 500
