Applied Materials (NASDAQ:AMAT) Releases Q1 2027 Earnings Guidance

Applied Materials (NASDAQ:AMAT) updated its first quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of 4.150-4.550 for the period, compared to the consensus EPS estimate of 4.200. The company issued revenue guidance of $10.6 billion-$11.6 billion, compared to the consensus revenue estimate of $10.7 billion.

Applied Materials Trading Down 3.6%

AMAT stock traded down $14.13 during mid-day trading on Thursday, hitting $380.95. 8,541,227 shares of the company were exchanged, compared to its average volume of 7,926,090. Applied Materials has a 12-month low of $203.40 and a 12-month high of $739.67. The firm has a market capitalization of $302.32 billion, a P/E ratio of 32.84, a PEG ratio of 0.73 and a beta of 1.67. The business has a fifty day simple moving average of $440.37 and a 200-day simple moving average of $445.52. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, November 12th. The manufacturing equipment provider reported $4.16 EPS for the quarter, topping the consensus estimate of $4.06 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm had revenue of $10.41 billion for the quarter, compared to analyst estimates of $10.30 billion. Applied Materials has set its Q1 2027 guidance at 4.150-4.550 EPS. On average, equities research analysts predict that Applied Materials will post 12.79 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be issued a $0.53 dividend. The ex-dividend date is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. Applied Materials’s payout ratio is 18.28%.

Analyst Ratings Changes

A number of analysts have recently weighed in on AMAT shares. Deutsche Bank reaffirmed a “buy” rating and set a $605.00 price objective (down from $680.00) on shares of Applied Materials in a research report on Friday, August 14th. The Goldman Sachs Group lifted their price target on Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Zacks Research cut Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 15th. Bank of America cut their price target on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. Finally, TD Cowen reissued a “buy” rating and issued a $700.00 target price on shares of Applied Materials in a research report on Friday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus target price of $625.76.

Insiders Place Their Bets

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the sale, the chief financial officer directly owned 128,613 shares in the company, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Judy Bruner sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the transaction, the director directly owned 25,544 shares of the company’s stock, valued at approximately $11,877,960. This trade represents a 3.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 9,225 shares of company stock worth $4,454,181. 0.30% of the stock is owned by corporate insiders.

Top Applied Materials Stories

These are some of the AMAT stories that stood out recently:

• Positive Sentiment: HSBC reaffirmed its Buy rating ahead of earnings, pointing to potential upside after the recent selloff. HSBC says buy the dip
• Neutral Sentiment: Analysts reportedly expect about $4.06 in Q4 EPS and $10.3 billion in revenue. Investors will focus on results versus those expectations, as well as DRAM and foundry demand and management’s fiscal 2027 outlook. Analyst forecasts ahead of earnings
• Negative Sentiment: AMAT has fallen sharply over the past month and remains well below its high. The broader chip-equipment selloff, Nvidia-related tech pressure, and concerns about China demand and AI-order strength have weighed on sentiment; analysts have also trimmed some price targets and fair-value estimates. What Applied Materials’ earnings need to prove

About Applied Materials

Applied Materials, Inc. develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products. The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.