Applied Materials stock holds near highs after strong Q3 2026 figures and upbeat guidance

Published on 09/13/2026 at 14:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Applied Materials stock trades around USD 456.49 on Nasdaq as of September 12, 2026 after fiscal Q3 2026 revenue rose 25 percent to USD 9.12 billion. The company now guides fiscal Q4 2026 earnings per share between USD 3.82 and USD 4.22, framing expectations for continued high profitability.

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Applied Materials stock (ISIN US0382221051) is changing hands around USD 456.49 on the Nasdaq as of September 12, 2026, modestly above the prior close after fiscal third-quarter 2026 revenue climbed 25 percent year over year to USD 9.12 billion and earnings per share reached USD 3.50.

Q3 2026 results underpin the valuation

According to Tickeron, Applied Materials reported fiscal Q3 2026 revenue of USD 9.12 billion, a 25 percent increase versus the prior-year quarter, driven by strength in Semiconductor Systems and services.

In the same fiscal Q3 2026 report, non-GAAP earnings per share came in at USD 3.50, which Tickeron notes is 41 percent above the prior-year level, highlighting the company's operating leverage to semiconductor and AI equipment demand.

Dividend and Q4 2026 guidance support investor confidence

As CMoney reports on September 12, 2026, Applied Materials has reaffirmed a quarterly dividend of USD 0.53 per share, unchanged from the previous quarter, which the commentary interprets as a signal of confidence in the firm's cash-flow stability.

Guidance compiled by Ad-hoc-news from MarketBeat on September 12, 2026 indicates that Applied Materials has set its fiscal fourth-quarter 2026 earnings guidance in a range of USD 3.82 to USD 4.22 per share, pointing to expectations for continued high profitability after the strong Q3 2026 outcome.

According to the same Ad-hoc-news overview based on Markets Insider and Yahoo Finance data, the forward dividend stands at USD 2.12 per share annually, corresponding to a yield of roughly 0.47 percent at the prevailing share price around USD 456.49 as of September 12, 2026.

Analyst targets and valuation context

A discounted cash-flow valuation snapshot from Insicard lists a latest recorded Applied Materials share price of USD 456.49 on September 11, 2026 and a market capitalization of USD 362.27 billion, placing the company among the larger players in the global semiconductor equipment space.

The same Insicard valuation page cites an aggregated analyst target price of USD 640.89 per share, which sits more than 40 percent above the recent price of USD 456.49 as of September 11, 2026, suggesting that the analyst consensus continues to price in further upside if the company can sustain its current growth and margin profile.

In a separate commentary, Stocktwits News highlights that KeyBanc maintains an Overweight rating on Applied Materials and has raised its price target by USD 200 to USD 750 per share, implying an upside potential of roughly 20 percent from the stock's previous closing level at the time of that analysis.

The same analyst piece referenced by Stocktwits notes that for Q3 2026, Wall Street consensus ahead of the report centered around earnings of USD 3.38 per share on about USD 9 billion in revenue, so the actual Q3 2026 figures of USD 3.50 EPS and USD 9.12 billion in revenue represented a modest beat versus those expectations.

Next earnings date and trading metrics

Markets Insider list the next scheduled earnings event for Applied Materials as the release of fiscal fourth-quarter 2026 figures on November 12, 2026, following the Q3 2026 earnings release dated August 13, 2026.

The same Markets Insider quote overview shows that Applied Materials shares recently traded around USD 453.79, with prior daily closes such as USD 468.77 on September 9, 2026 and USD 472.71 on September 8, 2026, underlining that the current level near USD 456.49 sits slightly below the early-September highs while still well above prices seen a year earlier.

Per consolidated recent market data summarized by Ad-hoc-news on September 12, 2026, Applied Materials stock last closed near USD 456.49 on the Nasdaq on September 12, 2026, around 0.55 percent higher than the prior closing level, with a market capitalization in the mid-hundreds of billions of dollars at that price point and active daily trading volume in the hundreds of thousands of shares.

Stock price level and investor takeaway

Applied Materials stock thus remains near its recent highs around USD 456.49 on the Nasdaq as of September 12, 2026, supported by fiscal Q3 2026 revenue growth of 25 percent to USD 9.12 billion, non-GAAP EPS of USD 3.50 that exceeded prior consensus, and a fiscal Q4 2026 earnings guidance range of USD 3.82 to USD 4.22 per share.