Applied Materials (AMAT) Projected to Post Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is expected to announce its Q2 2026 results after the market closes on Thursday, May 14th. Analysts expect the company to announce earnings of $2.66 per share and revenue of $7.6833 billion for the quarter. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, May 14, 2026 at 4:30 PM ET.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The firm had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.88 billion. During the same quarter in the previous year, the company posted $2.38 earnings per share. The company’s revenue was down 2.1% compared to the same quarter last year. On average, analysts expect Applied Materials to post $11 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Applied Materials Trading Up 4.3%

Applied Materials stock opened at $428.62 on Thursday. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. Applied Materials has a 52 week low of $151.51 and a 52 week high of $432.81. The company has a market capitalization of $340.16 billion, a price-to-earnings ratio of 43.87, a price-to-earnings-growth ratio of 1.83 and a beta of 1.66. The stock has a 50-day moving average price of $370.45 and a 200 day moving average price of $309.88.

Applied Materials Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s dividend payout ratio is presently 18.83%.

Insider Activity at Applied Materials

In related news, CAO Adam Sanders sold 534 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the completion of the transaction, the chief accounting officer directly owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. This represents a 10.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brice Hill sold 5,000 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total value of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares of the company’s stock, valued at approximately $50,051,063.65. This represents a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AMAT. Brighton Jones LLC grew its holdings in Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after buying an additional 2,771 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in Applied Materials by 30.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after buying an additional 3,469 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Applied Materials by 26.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after buying an additional 679 shares in the last quarter. Rossby Financial LCC grew its holdings in Applied Materials by 24.2% in the 4th quarter. Rossby Financial LCC now owns 651 shares of the manufacturing equipment provider’s stock valued at $167,000 after buying an additional 127 shares in the last quarter. Finally, Stelac Advisory Services LLC purchased a new stake in Applied Materials in the 4th quarter valued at $114,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AMAT shares. UBS Group lifted their target price on Applied Materials from $430.00 to $480.00 and gave the stock a “buy” rating in a report on Monday. Seaport Research Partners started coverage on Applied Materials in a report on Monday. They set a “buy” rating and a $500.00 target price for the company. Susquehanna lifted their target price on Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $450.00 target price on shares of Applied Materials in a report on Friday, February 13th. Finally, The Goldman Sachs Group lifted their target price on Applied Materials from $310.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Twenty-seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $370.86.

Key Applied Materials News

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

• Positive Sentiment: Seaport Research initiated coverage with a Buy rating and $500 price target, calling Applied the best‑positioned wafer equipment supplier — a strong catalyst for investor demand. Seaport Research Calls Applied Materials (AMAT) Best Positioned Among Wafer Equipment Suppliers
• Positive Sentiment: Applied agreed to acquire the NEXX business from ASMPT, adding panel‑level advanced packaging capabilities aimed at AI chipmaking — a strategic product expansion that supports higher organic growth and margin mix. Applied Materials Expands AI Packaging With NEXX Deal As Stock Surges
• Positive Sentiment: Morgan Stanley raised its price target to $454 and kept an Overweight rating — analyst upgrades and higher targets add conviction and can drive short‑term buying. Benzinga
• Neutral Sentiment: Management is participating in investor conferences (fireside chats), which increases visibility and allows management to reiterate guidance and long‑term AI exposure. Applied Materials to Participate in Upcoming Investor Conferences
• Neutral Sentiment: Sector momentum: reports on semiconductor ETFs (SOXX/SMH/FTXL) highlight heavy capital flows into AI infrastructure, which benefits equipment suppliers like AMAT indirectly. Semiconductor Leaders SOXX, SMH, and FTXL Are Crushing It on AI Infrastructure Demand
• Neutral Sentiment: Technicals turned more constructive after AMAT overtook its 20‑day moving average — a short‑term bullish signal that can attract momentum traders. Applied Materials (AMAT) Just Overtook the 20-Day Moving Average
• Negative Sentiment: Valuation flag: analysis notes AMAT trades at a premium P/S (~9.4x), which could limit upside or increase volatility if sector sentiment cools. Should You Buy, Sell or Hold AMAT Stock at a P/S Valuation of 9.39X?

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.