Zacks Research Cuts Earnings Estimates for Applied Materials

Applied Materials, Inc. (NASDAQ:AMAT) – Research analysts at Zacks Research reduced their Q2 2026 EPS estimates for shares of Applied Materials in a report issued on Monday, October 21st. Zacks Research analyst R. Department now forecasts that the manufacturing equipment provider will post earnings of $2.56 per share for the quarter, down from their previous estimate of $2.57. The consensus estimate for Applied Materials’ current full-year earnings is $8.49 per share. Zacks Research also issued estimates for Applied Materials’ Q3 2026 earnings at $2.64 EPS and FY2026 earnings at $10.44 EPS.

Several other research analysts have also commented on AMAT. Citigroup lowered their price objective on shares of Applied Materials from $240.00 to $217.00 and set a “buy” rating for the company in a research note on Monday, September 16th. JPMorgan Chase & Co. lifted their target price on shares of Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, August 16th. B. Riley lowered their price objective on shares of Applied Materials from $300.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, August 16th. UBS Group lowered their price objective on shares of Applied Materials from $220.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, September 12th. Finally, Dbs Bank lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 16th. Eight investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus target price of $229.14.

Applied Materials Trading Down 0.2 %

Shares of AMAT stock opened at $182.70 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.86 and a quick ratio of 2.09. The firm has a market cap of $151.27 billion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 2.66 and a beta of 1.54. The company has a 50-day moving average of $194.71 and a two-hundred day moving average of $208.75. Applied Materials has a 1-year low of $129.21 and a 1-year high of $255.89.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 15th. The manufacturing equipment provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.10. Applied Materials had a net margin of 27.74% and a return on equity of 39.99%. The firm had revenue of $6.78 billion during the quarter, compared to analyst estimates of $6.68 billion. During the same quarter in the prior year, the firm posted $1.90 earnings per share. Applied Materials’s quarterly revenue was up 5.5% on a year-over-year basis.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Thursday, November 21st. Applied Materials’s dividend payout ratio (DPR) is currently 18.39%.

Hedge Funds Weigh In On Applied Materials

Institutional investors and hedge funds have recently made changes to their positions in the business. Dynamic Advisor Solutions LLC increased its position in Applied Materials by 33.4% in the first quarter. Dynamic Advisor Solutions LLC now owns 7,648 shares of the manufacturing equipment provider’s stock worth $1,577,000 after buying an additional 1,917 shares during the period. Columbus Macro LLC purchased a new stake in Applied Materials in the 1st quarter worth about $229,000. First Financial Corp IN lifted its stake in Applied Materials by 49.8% in the 1st quarter. First Financial Corp IN now owns 349 shares of the manufacturing equipment provider’s stock worth $72,000 after acquiring an additional 116 shares in the last quarter. RMR Wealth Builders raised its stake in shares of Applied Materials by 8.0% during the 1st quarter. RMR Wealth Builders now owns 2,748 shares of the manufacturing equipment provider’s stock worth $567,000 after purchasing an additional 203 shares in the last quarter. Finally, Brookstone Capital Management raised its stake in shares of Applied Materials by 88.4% during the 1st quarter. Brookstone Capital Management now owns 21,153 shares of the manufacturing equipment provider’s stock worth $4,362,000 after purchasing an additional 9,928 shares in the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

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.