Q2 EPS Estimates for Applied Materials Cut by Zacks Research

Applied Materials, Inc. (NASDAQ:AMAT) – Equities researchers at Zacks Research lowered their Q2 2026 EPS estimates for Applied Materials in a report issued on Monday, October 21st. Zacks Research analyst R. Department now anticipates that the manufacturing equipment provider will post earnings per share of $2.56 for the quarter, down from their prior 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.

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

A number of other equities analysts also recently weighed in on AMAT. Stifel Nicolaus cut their price target on shares of Applied Materials from $275.00 to $270.00 and set a “buy” rating on the stock in a research note on Friday, August 16th. Morgan Stanley cut their target price on Applied Materials from $224.00 to $185.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 17th. StockNews.com downgraded Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, September 14th. Citigroup dropped their target price on shares of Applied Materials from $240.00 to $217.00 and set a “buy” rating for the company in a research report on Monday, September 16th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $260.00 price objective on shares of Applied Materials in a research report on Friday, August 16th. Eight research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $229.14.

Applied Materials Trading Down 0.8 %

NASDAQ AMAT opened at $183.00 on Wednesday. The company has a market cap of $151.52 billion, a P/E ratio of 21.03, a P/E/G ratio of 2.66 and a beta of 1.54. Applied Materials has a 12 month low of $129.21 and a 12 month high of $255.89. 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 company has a 50-day moving average of $195.09 and a 200-day moving average of $208.93.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AMAT. JT Stratford LLC boosted its holdings in Applied Materials by 0.4% in the first quarter. JT Stratford LLC now owns 10,890 shares of the manufacturing equipment provider’s stock worth $2,246,000 after purchasing an additional 48 shares during the period. Financial Management Professionals Inc. grew its position in shares of Applied Materials by 5.6% during the 1st quarter. Financial Management Professionals Inc. now owns 924 shares of the manufacturing equipment provider’s stock valued at $191,000 after buying an additional 49 shares during the last quarter. WASHINGTON TRUST Co raised its stake in Applied Materials by 3.3% during the second quarter. WASHINGTON TRUST Co now owns 1,556 shares of the manufacturing equipment provider’s stock worth $367,000 after acquiring an additional 49 shares during the period. Optimum Investment Advisors lifted its holdings in Applied Materials by 1.3% in the second quarter. Optimum Investment Advisors now owns 4,016 shares of the manufacturing equipment provider’s stock worth $948,000 after acquiring an additional 50 shares during the last quarter. Finally, SlateStone Wealth LLC boosted its stake in Applied Materials by 4.7% in the second quarter. SlateStone Wealth LLC now owns 1,105 shares of the manufacturing equipment provider’s stock valued at $261,000 after acquiring an additional 50 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.60 dividend on an annualized basis and a yield of 0.87%. Applied Materials’s dividend payout ratio (DPR) is 18.39%.

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.