NYSE · AMAT
Technology · Semiconductors
$421.17
Up+$2.56 (+0.61%)
Updated Sep 16, 2026, 3:15 PM
SID Score
6.8/10
Composite research score
Smart Money
47/100
Neutral
Price performance
1M range · 20 trading sessions · Daily adjusted prices
AMAT closed at $421.17 after 20 trading sessions, down 18.11% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $429.85 | $429.99 | $416.76 | $421.17 | 5.64M |
| Sep 14, 2026 | $422.20 | $432.51 | $419.60 | $424.21 | 8.06M |
| Sep 11, 2026 | $461.19 | $464.57 | $452.70 | $456.49 | 4.32M |
| Sep 10, 2026 | $455.40 | $460.86 | $450.56 | $454.01 | 4.84M |
| Sep 9, 2026 | $466.66 | $474.04 | $463.78 | $468.85 | 3.95M |
| Sep 8, 2026 | $464.02 | $472.89 | $458.1518 | $472.79 | 6.31M |
| Sep 4, 2026 | $452.50 | $460.20 | $443.36 | $454.71 | 6.02M |
| Sep 3, 2026 | $432.415 | $437.1433 | $426.13 | $435.91 | 6M |
| Sep 2, 2026 | $443.50 | $443.50 | $433.57 | $438.46 | 6.52M |
| Sep 1, 2026 | $450.72 | $451.45 | $438.83 | $441.85 | 7.15M |
| Aug 31, 2026 | $462.41 | $465.90 | $453.91 | $458.39 | 6.18M |
| Aug 28, 2026 | $476.26 | $477.965 | $460.51 | $461.67 | 6.53M |
| Aug 27, 2026 | $481.495 | $484.98 | $471.00 | $482.36 | 6.29M |
| Aug 26, 2026 | $479.74 | $480.6699 | $472.40 | $479.76 | 5.19M |
| Aug 25, 2026 | $490.06 | $492.30 | $475.88 | $480.04 | 5.19M |
| Aug 24, 2026 | $481.875 | $489.74 | $473.67 | $484.19 | 9.27M |
| Aug 21, 2026 | $503.00 | $503.50 | $483.13 | $492.32 | 5.53M |
| Aug 20, 2026 | $489.58 | $499.89 | $487.4701 | $496.21 | 6.6M |
| Aug 19, 2026 | $508.41 | $513.48 | $488.55 | $496.17 | 6.57M |
| Aug 18, 2026 | $507.37 | $516.83 | $497.73 | $514.33 | 8.61M |
The latest Smart Investors Daily articles mentioning AMAT.
AMAT research
Company profile and research snapshot.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 1, 2026 | UBS | Buy | — |
| Aug 25, 2026 | Mizuho | Outperform | — |
| Aug 14, 2026 | RBC Capital | Outperform | — |
| Aug 14, 2026 | B. Riley Securities | Buy | — |
| Aug 14, 2026 | JP Morgan | Overweight | — |
Generated Sep 16, 2026, 3:02 PM
Applied Materials edged up 0.70% today despite a broader selloff in semiconductor equipment stocks triggered by AI pacing concerns. The modest gain masks significant underlying weakness in the sector, as major competitors like Lam Research and ASML experienced steeper declines on slowdown fears from OpenAI and Anthropic.
Bottom line: Applied Materials faces a near-term headwind from AI spending slowdown concerns, evidenced by today's muted performance despite broader sector pressure. However, the company's expected $10 billion quarterly milestone and diversified customer base provide longer-term support, making this a critical period to monitor fab equipment demand trends and customer guidance for clarity on 2026 outlook.
Yahoo · Sep 15, 2026
Applied Materials (AMAT) stock fell 7.1% in its latest session, to about $424. It sits 41% below the high it set within the past year, after a twelve-month run in which it returned 151% against 17% for the S&P 500. It did not fall on a bad quarter, and that is what makes the next leg hard to size.
Yahoo · Sep 15, 2026
Applied Materials trades at a steep valuation premium, while Qualcomm's cheaper multiple masks exposure to customer concentration and geopolitical risk.
Yahoo · Sep 14, 2026
A number of stocks fell in the afternoon session after the chief executives of Anthropic, OpenAI, and SpaceX publicly united to call for a deliberate slowdown in the development of frontier AI models over escalating safety risks. According to CNBC, the sell-off was triggered by an essay published over the weekend by Anthropic CEO Dario Amodei, who urged a more cautious approach to frontier model advancement and called for independent safety monitoring. In a rare show of unity among competitors,
Yahoo · Sep 14, 2026
Anthropic's CEO called for slowing AI model progress over the weekend, and by Monday morning the shockwave had traveled straight to the fab equipment order books that Wall Street spent 2026 treating as untouchable.
Interpretive context generated from the platform’s current data sources.
Applied Materials shares closed at $421.17, reflecting a daily gain of 0.95% but sustained weakness over intermediate timeframes. Per SID market data, the stock has declined 16.96% over the past month and 28.1% over the trailing three months, though it retains a 55.93% gain on a one-year basis. AMAT is currently trading well below both its 50-day moving average of $509.84 and its 200-day moving average of $426.22, indicating a pronounced bearish technical posture. The 14-day relative strength index stands at 29.4, placing the stock at the threshold of oversold territory, which historically has preceded near-term stabilization attempts. According to Massive/Polygon data, average daily trading volume is approximately 7.49 million shares. The company carries a beta of 1.677, underscoring significantly higher volatility relative to the broader market. Applied Materials maintains a market capitalization of approximately $295.5 billion.
Applied Materials currently trades at a price-to-earnings ratio of 37.66, reflecting a premium valuation relative to the broader semiconductor equipment industry. Per SID market data, the stock's PEG ratio stands at 3.01, suggesting the current earnings multiple substantially exceeds the company's projected growth rate and may indicate stretched valuation on a growth-adjusted basis. The price-to-book ratio registers at 13.59, consistent with a capital-light, high-margin business model but elevated compared to historical norms for the technology sector. According to SEC filings, Applied Materials offers a modest dividend yield of 0.49%, reflecting the company's preference for capital returns through buybacks rather than dividend distributions. The combination of a high P/E, an elevated PEG ratio above 3.0, and the recent 28.1% three-month price decline suggests the market is repricing growth expectations while the stock's fundamental valuation metrics remain above sector medians.
Applied Materials registers a smart money score of 47 out of 100, generating a neutral composite signal according to SID market data. The institutional component scores a perfect 25 out of 25, indicating robust ownership and positioning among large asset managers per 13F institutional filings. However, the insider trading component scores 0 out of 25, reflecting a bearish sentiment among company executives and directors. SEC Form 4 filings reveal eight insider transactions over the past 90 days, comprising just one purchase against seven sales, a ratio that indicates net insider distribution. The dark pool activity score of 9.8 out of 25 suggests below-average institutional accumulation in off-exchange venues. Congressional trading activity scores 12 out of 25, reflecting moderate legislative interest in the stock. The divergence between maximum institutional conviction and minimal insider confidence creates a mixed signal, with insiders collectively reducing exposure during a period of significant price deterioration. This insider selling pattern amid the stock's 28.1% quarterly decline warrants monitoring.
Applied Materials has demonstrated a consistent pattern of earnings beats across its three most recent reporting periods. According to company earnings reports, fiscal Q1 2026 earnings per share came in at $3.50 versus the consensus estimate of $3.39, representing a $0.11 positive surprise. The Q2 2026 quarter reported EPS of $2.86 against expectations of $2.68, delivering a $0.18 beat, while Q3 2026 produced EPS of $2.38 versus the $2.20 estimate, also surpassing by $0.18. This streak of upside surprises indicates management's ability to outperform analyst projections through operational execution. Looking ahead, the next earnings report is scheduled for February 11, 2026, with analysts currently projecting EPS of approximately $2.25 per analyst estimates. The sequential growth trajectory from $2.38 to $2.86 to $3.50 in reported quarters reflects accelerating earnings momentum, with each subsequent quarter demonstrating expanding profitability.
Wall Street consensus remains decisively bullish on Applied Materials, with all five most recent analyst actions reiterating positive ratings. Per SID consensus data, UBS maintained its Buy rating on September 1, 2026, while Mizuho reiterated an Outperform rating on August 25, 2026. Following the Q1 earnings report on August 14, RBC Capital reaffirmed Outperform, B. Riley Securities maintained Buy, and JP Morgan held its Overweight rating, according to Wall Street analyst reports. Notably, none of these firms altered their prior ratings despite the stock's 28.1% decline over the trailing three months, suggesting analysts view the pullback as a buying opportunity rather than a fundamental deterioration. The uniformity of bullish sentiment across major investment banks — including both bulge-bracket firms like JP Morgan and UBS alongside specialty research houses — indicates broad institutional confidence. The absence of any downgrades or neutral initiations in recent coverage activity contrasts with the stock's oversold RSI reading of 29.4.
The latest Smart Investors Daily articles mentioning AMAT.
