Q1 EPS Forecast for Applied Materials Increased by Analyst

Applied Materials, Inc. (NASDAQ:AMAT) – Stock analysts at B. Riley lifted their Q1 2025 earnings estimates for Applied Materials in a report issued on Thursday, November 14th. B. Riley analyst C. Ellis now anticipates that the manufacturing equipment provider will earn $2.28 per share for the quarter, up from their prior forecast of $2.18. B. Riley currently has a “Buy” rating and a $280.00 price objective on the stock. The consensus estimate for Applied Materials’ current full-year earnings is $9.52 per share. B. Riley also issued estimates for Applied Materials’ Q2 2025 earnings at $2.41 EPS, Q3 2025 earnings at $2.59 EPS, Q4 2025 earnings at $2.76 EPS, FY2025 earnings at $10.04 EPS, Q1 2026 earnings at $2.56 EPS, Q2 2026 earnings at $2.61 EPS, Q3 2026 earnings at $2.74 EPS, Q4 2026 earnings at $2.91 EPS and FY2026 earnings at $10.82 EPS.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.13. The business had revenue of $7.05 billion during the quarter, compared to analyst estimates of $6.96 billion. Applied Materials had a return on equity of 39.26% and a net margin of 26.41%. Applied Materials’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.12 EPS.

A number of other equities research analysts have also issued reports on AMAT. Susquehanna cut their price objective on shares of Applied Materials from $190.00 to $170.00 and set a “neutral” rating for the company in a report on Monday, November 11th. UBS Group reduced their price target on shares of Applied Materials from $220.00 to $210.00 and set a “neutral” rating on the stock in a report on Thursday, September 12th. Stifel Nicolaus decreased their price target on shares of Applied Materials from $270.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. Evercore ISI cut their price objective on Applied Materials from $260.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, November 15th. Finally, Dbs Bank downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 16th. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $219.81.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $169.31 on Monday. The stock has a 50-day moving average price of $190.57 and a 200 day moving average price of $206.44. The stock has a market capitalization of $139.58 billion, a P/E ratio of 19.66, a P/E/G ratio of 2.07 and a beta of 1.56. Applied Materials has a 12-month low of $144.57 and a 12-month high of $255.89. The company has a current ratio of 2.51, a quick ratio of 1.87 and a debt-to-equity ratio of 0.29.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, November 21st. Applied Materials’s dividend payout ratio (DPR) is currently 18.58%.

Institutional Trading of Applied Materials

Several institutional investors have recently added to or reduced their stakes in the company. Swedbank AB bought a new stake in shares of Applied Materials during the 1st quarter worth approximately $773,611,000. EdgePoint Investment Group Inc. lifted its position in shares of Applied Materials by 341.0% during the third quarter. EdgePoint Investment Group Inc. now owns 2,857,155 shares of the manufacturing equipment provider’s stock worth $577,288,000 after purchasing an additional 2,209,218 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Applied Materials by 67.8% during the third quarter. Janus Henderson Group PLC now owns 4,663,133 shares of the manufacturing equipment provider’s stock valued at $942,187,000 after purchasing an additional 1,884,153 shares during the period. Van ECK Associates Corp grew its holdings in shares of Applied Materials by 29.8% in the third quarter. Van ECK Associates Corp now owns 6,571,178 shares of the manufacturing equipment provider’s stock worth $1,327,707,000 after purchasing an additional 1,509,439 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Applied Materials by 262.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,390,501 shares of the manufacturing equipment provider’s stock worth $280,951,000 after buying an additional 1,006,937 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.