Applied Materials (AMAT) Projected to Post Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is anticipated to release its Q2 2026 results after the market closes on Thursday, May 14th. Analysts expect Applied Materials to post earnings of $2.68 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. Interested persons may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, May 14, 2026 at 4:30 PM ET.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.17. The firm had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.88 billion. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The business’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.38 EPS. 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 Stock Up 1.9%

Shares of Applied Materials stock opened at $443.62 on Tuesday. The stock has a 50-day moving average price of $373.26 and a 200 day moving average price of $314.18. The company has a market cap of $352.06 billion, a P/E ratio of 45.41, a P/E/G ratio of 1.94 and a beta of 1.66. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. Applied Materials has a 1 year low of $153.47 and a 1 year high of $448.45.

Applied Materials Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 annualized dividend and a yield of 0.5%. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio (DPR) is currently 18.83%.

Applied Materials News Roundup

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on Applied Materials from $500 to $550 and reiterated an overweight rating, signaling higher expectations for the stock ahead of earnings.
• Positive Sentiment: Applied Materials announced a new partnership with TSMC at its EPIC Center to accelerate AI-related semiconductor scaling, which could strengthen its long-term growth story and reinforce demand for its advanced manufacturing tools. Applied Materials and TSMC Partner at the EPIC Center to Accelerate AI Scaling
• Positive Sentiment: Analysts and preview articles highlighted AI-driven demand, high-bandwidth memory traction, and advanced packaging momentum as supportive themes heading into Applied Materials’ Q2 earnings, suggesting investors are anticipating solid results. AMAT to Post Q2 Earnings: Time to Buy, Sell or Hold the Stock?
• Neutral Sentiment: The stock is also benefiting from a generally positive market backdrop, with equities and chip stocks firming ahead of key inflation data and earnings releases, including Applied Materials’ report. Inflation Readings, Cisco and AMAT Earnings, and More to Watch This Week
• Neutral Sentiment: Reports of a short-interest increase appear inconclusive because the reported short interest and change both show zero/NaN values, so this does not provide a meaningful bearish signal.

Analysts Set New Price Targets

Several brokerages recently issued reports on AMAT. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $450.00 price objective on shares of Applied Materials in a research note on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating and issued a $425.00 price objective on shares of Applied Materials in a research note on Friday, February 13th. The Goldman Sachs Group increased their price objective on Applied Materials from $310.00 to $390.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Susquehanna increased their price objective on Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a research note on Thursday, April 9th. Finally, DZ Bank raised Applied Materials to a “hold” rating in a research note on Monday, February 16th. Twenty-eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $378.66.

Insider Transactions at Applied Materials

In other news, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the sale, the chief financial officer directly owned 138,565 shares of the company’s stock, valued at $50,051,063.65. This trade represents a 3.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Judy Bruner sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total value of $979,275.00. Following the sale, the director directly owned 26,089 shares of the company’s stock, valued at $10,219,322.19. This trade represents a 8.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,003 shares of company stock valued at $4,484,189 in the last three months. Corporate insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On Applied Materials

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Compound Planning Inc. increased its holdings in shares of Applied Materials by 15.5% during the 4th quarter. Compound Planning Inc. now owns 10,757 shares of the manufacturing equipment provider’s stock valued at $2,764,000 after acquiring an additional 1,440 shares during the last quarter. Rare Wolf Capital LLC acquired a new position in shares of Applied Materials during the 4th quarter valued at about $255,000. Strive Financial Group LLC acquired a new position in shares of Applied Materials during the 4th quarter valued at about $407,000. First Commonwealth Financial Corp PA increased its holdings in shares of Applied Materials by 5.6% during the 4th quarter. First Commonwealth Financial Corp PA now owns 6,089 shares of the manufacturing equipment provider’s stock valued at $1,565,000 after acquiring an additional 321 shares during the last quarter. Finally, Blue Sparrow LLC DE acquired a new position in shares of Applied Materials during the 4th quarter valued at about $30,711,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Company Profile

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.