Zacks Research Issues Pessimistic Forecast for AMAT Earnings

Applied Materials, Inc. (NASDAQ:AMAT) – Research analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of Applied Materials in a note issued to investors on Monday, December 30th. Zacks Research analyst R. Department now anticipates that the manufacturing equipment provider will earn $2.36 per share for the quarter, down from their prior estimate of $2.38. The consensus estimate for Applied Materials’ current full-year earnings is $9.48 per share. Zacks Research also issued estimates for Applied Materials’ Q4 2025 earnings at $2.43 EPS, Q2 2026 earnings at $2.52 EPS, Q3 2026 earnings at $2.53 EPS, Q4 2026 earnings at $2.71 EPS, FY2026 earnings at $10.16 EPS and FY2027 earnings at $10.78 EPS.

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

Several other equities analysts have also weighed in on the stock. Dbs Bank lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 16th. StockNews.com lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, September 14th. Wells Fargo & Company cut their price objective on Applied Materials from $220.00 to $210.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. Bank of America decreased their target price on Applied Materials from $220.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Applied Materials from $220.00 to $200.00 and set a “hold” rating for the company in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $220.29.

Applied Materials Trading Up 0.8 %

Shares of AMAT stock opened at $163.87 on Wednesday. The stock has a 50-day simple moving average of $175.13 and a 200 day simple moving average of $195.91. The stock has a market capitalization of $133.34 billion, a P/E ratio of 19.03, a P/E/G ratio of 1.61 and a beta of 1.52. Applied Materials has a fifty-two week low of $148.05 and a fifty-two week high of $255.89. The company has a quick ratio of 1.87, a current ratio of 2.51 and a debt-to-equity ratio of 0.29.

Hedge Funds Weigh In On Applied Materials

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMAT. Forum Financial Management LP increased its stake in shares of Applied Materials by 0.6% during the 3rd quarter. Forum Financial Management LP now owns 9,143 shares of the manufacturing equipment provider’s stock worth $1,847,000 after purchasing an additional 53 shares during the last quarter. Merriman Wealth Management LLC raised its holdings in Applied Materials by 4.0% during the second quarter. Merriman Wealth Management LLC now owns 1,438 shares of the manufacturing equipment provider’s stock valued at $339,000 after buying an additional 55 shares in the last quarter. Sargent Investment Group LLC lifted its position in shares of Applied Materials by 4.0% in the third quarter. Sargent Investment Group LLC now owns 1,415 shares of the manufacturing equipment provider’s stock worth $286,000 after buying an additional 55 shares during the last quarter. Biltmore Family Office LLC boosted its stake in shares of Applied Materials by 5.3% during the 3rd quarter. Biltmore Family Office LLC now owns 1,093 shares of the manufacturing equipment provider’s stock worth $221,000 after acquiring an additional 55 shares in the last quarter. Finally, waypoint wealth counsel increased its holdings in shares of Applied Materials by 3.1% during the 3rd quarter. waypoint wealth counsel now owns 1,853 shares of the manufacturing equipment provider’s stock valued at $374,000 after acquiring an additional 56 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a $0.40 dividend. The ex-dividend date is Thursday, February 20th. This represents a $1.60 annualized dividend and a dividend yield of 0.98%. Applied Materials’s payout ratio is 18.58%.

About Applied Materials

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.