Applied Materials (AMAT) Expected to Announce Quarterly Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is projected to release its Q3 2026 results after the market closes on Thursday, August 13th. Analysts expect Applied Materials to announce earnings of $3.40 per share and revenue of $8.9956 billion for the quarter. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, August 13, 2026 at 4:30 PM ET.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the business earned $2.39 earnings per share. On average, analysts expect Applied Materials to post $12 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Applied Materials Stock Down 3.2%

AMAT stock opened at $522.12 on Tuesday. The company has a market cap of $414.54 billion, a P/E ratio of 49.03, a P/E/G ratio of 1.37 and a beta of 1.61. Applied Materials has a 52 week low of $154.46 and a 52 week high of $739.67. The company’s 50-day moving average price is $560.75 and its 200 day moving average price is $439.93. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Insider Buying and Selling

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the transaction, the senior vice president directly owned 146,916 shares in the company, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Prabu G. Raja sold 50,000 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the transaction, the insider directly owned 356,642 shares in the company, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 278,088 shares of company stock worth $169,654,805 in the last three months. 0.30% of the stock is currently owned by insiders.

Institutional Trading of Applied Materials

A number of hedge funds have recently added to or reduced their stakes in the business. Wilkerson Advisory Group LLC purchased a new stake in Applied Materials in the 4th quarter valued at about $26,000. Triumph Capital Management purchased a new position in shares of Applied Materials during the 3rd quarter worth about $38,000. Swiss RE Ltd. purchased a new position in shares of Applied Materials during the 4th quarter worth about $75,000. Rakuten Securities Inc. boosted its position in shares of Applied Materials by 38.9% in the second quarter. Rakuten Securities Inc. now owns 439 shares of the manufacturing equipment provider’s stock worth $80,000 after acquiring an additional 123 shares during the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new stake in Applied Materials in the fourth quarter valued at approximately $81,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Key Applied Materials News

Here are the key news stories impacting Applied Materials this week:

• Positive Sentiment: Analysts raised longer-term earnings expectations. An analyst increased the FY2027 EPS forecast, suggesting continued confidence in Applied Materials’ semiconductor-equipment demand and earnings trajectory. FY2027 EPS Forecast for Applied Materials Lifted by Analyst
• Positive Sentiment: AI and data-center investment remain major growth drivers. Applied Materials supplies equipment used to manufacture advanced chips, and potential semiconductor demand from Tesla and SpaceX’s proposed $16.8 billion “Terafab” project could benefit AMAT and other chip-equipment suppliers. The Zacks Analyst Blog Highlights SpaceX, Tesla, KLA Corp, Onto Innovation, Applied Materials and Lam Research
• Positive Sentiment: The investment case includes solid fundamentals and shareholder returns. Coverage highlights AMAT’s AI exposure, broad technology portfolio, strong profitability and dividend history. Its latest reported quarter also exceeded consensus estimates for revenue and EPS, while management provided third-quarter EPS guidance of $3.16 to $3.56. Applied Materials’ dividends: History, yield and payout ratio explained
• Neutral Sentiment: Earnings are the immediate catalyst. Analysts expect approximately $3.39 in Q3 EPS on roughly $9 billion of revenue, while previews emphasize key operating metrics beyond headline results. The stock’s implied earnings move is potentially sizable, increasing short-term volatility. Applied Materials Earnings Preview
• Negative Sentiment: High expectations and valuation leave little room for disappointment. AMAT has rallied significantly over the past year but remains well below its yearly peak. With a reported P/E ratio near 49, investors may be taking profits or reducing exposure ahead of earnings unless the outlook clearly supports current expectations.
• Negative Sentiment: Broader semiconductor-sector volatility is another headwind. Weakness in major equipment stocks, including ASML, following China-related headlines may be weighing on sentiment toward the entire chip-equipment group, even though the recent AMAT coverage is predominantly bullish.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. HC Wainwright set a $850.00 price target on Applied Materials in a research note on Monday, June 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $645.00 price objective on shares of Applied Materials in a report on Monday, August 3rd. Barclays lifted their price objective on Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Wolfe Research upped their target price on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Finally, Seaport Research Partners began coverage on Applied Materials in a research report on Monday, May 4th. They issued a “buy” rating and a $500.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $603.23.

Applied Materials Company Profile

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.