FY2027 Earnings Estimate for AMAT Issued By Erste Group Bank

Applied Materials, Inc. (NASDAQ:AMAT) – Investment analysts at Erste Group Bank raised their FY2027 EPS estimates for Applied Materials in a research note issued to investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the manufacturing equipment provider will earn $17.13 per share for the year, up from their prior estimate of $17.02. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Applied Materials’ current full-year earnings is $12.17 per share.

A number of other brokerages also recently weighed in on AMAT. Truist Financial set a $575.00 price objective on Applied Materials in a research note on Thursday, May 28th. William Blair began coverage on Applied Materials in a report on Tuesday. They set a “market perform” rating on the stock. Jefferies Financial Group lifted their price target on shares of Applied Materials from $510.00 to $770.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Barclays boosted their price objective on shares of Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $603.23.

Applied Materials Stock Performance

AMAT opened at $525.61 on Monday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The company has a market cap of $417.31 billion, a PE ratio of 49.35, a price-to-earnings-growth ratio of 1.32 and a beta of 1.61. The stock has a 50-day moving average of $561.46 and a 200-day moving average of $441.34. Applied Materials has a 52-week low of $154.46 and a 52-week high of $739.67.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same period last year, the company earned $2.39 earnings per share. The business’s revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s dividend payout ratio is presently 19.91%.

Insider Transactions at Applied Materials

In other news, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the transaction, the director directly owned 40,559 shares in the company, valued at $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 278,088 shares of company stock worth $169,654,805. Insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On Applied Materials

Large investors have recently bought and sold shares of the stock. Harborfront Financial Group LLC acquired a new position in shares of Applied Materials during the second quarter valued at about $27,000. BOK Financial Private Wealth Inc. acquired a new stake in Applied Materials during the second quarter worth about $41,000. Financial Freedom LLC acquired a new stake in Applied Materials during the first quarter worth about $28,000. Elevation Wealth Partners LLC increased its stake in Applied Materials by 34.8% during the second quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider’s stock valued at $67,000 after acquiring an additional 24 shares during the period. Finally, Cornerstone Financial Management LLC bought a new position in Applied Materials during the fourth quarter valued at about $25,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Key Applied Materials News

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

• Positive Sentiment: AI and semiconductor demand remain key bullish catalysts. Jim Cramer highlighted Applied Materials alongside Lam Research and KLA as beneficiaries of data-center memory bottlenecks and expected demand for chipmaking equipment. The company’s broad technology portfolio and exposure to AI infrastructure continue to support the long-term growth case. Jim Cramer semiconductor equipment analysis
• Positive Sentiment: Analyst earnings expectations have improved. A report indicated that an analyst raised the fiscal 2027 EPS forecast, while pre-earnings estimates call for approximately $9 billion in quarterly revenue and $3.39 in EPS. These expectations imply continued year-over-year growth and could support the shares if management delivers or raises guidance. Applied Materials EPS forecast update
• Positive Sentiment: Applied Materials expanded its chip-innovation ecosystem. UC Berkeley will join the company’s EPIC Center, giving researchers access to industry-scale equipment and process-integration capabilities. The collaboration could accelerate semiconductor research and commercialization, although the financial benefit is longer term. UC Berkeley joins Applied Materials EPIC Center
• Neutral Sentiment: Options markets are anticipating a significant earnings-related move. Traders expect substantial volatility around Thursday’s results, as investors assess revenue, EPS, margins, orders and fiscal 2026 guidance. Applied Materials expected earnings move
• Negative Sentiment: Valuation and competitive risks are limiting enthusiasm. William Blair initiated coverage with a Market Perform rating, citing strong AI-driven fundamentals but arguing that valuation and competition cap upside. With a trailing P/E near 49, the stock may require an earnings beat and constructive outlook to regain momentum. William Blair Applied Materials rating

About Applied Materials

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.