- Prev close
- $472.46
- Day range
- $453.34 – $472.49
- From 52-wk high
- -36.1%
- Next earnings
- in 51 days
AMAT's +6.5% move came with a sector-wide chip rebound, led by peers like LRCX +7.0% and TER +5.2%, so the rally reads as broad semiconductor strength rather than stock-specific news; the setup is supported by revenue +7.8% YoY (TTM), EPS +38.4% YoY (TTM), and a 12 strong-positive / 27 positive analyst split.
AMAT
APPLIED MATERIALS INC
As of Sep 20, 2026
78/100
Looks healthyHealth ScoreMove driver
AMAT rose +6.5% while the S&P 500 fell -0.1% and the Nasdaq 100 rose +0.6%, so the index backdrop does not explain the move. The cleaner read is sector-wide: LRCX was +7.0%, KLAC +4.7%, TER +5.2%, and Q +2.5%, matching the headline that the Philadelphia semiconductor index, SOX, rose for a fourth consecutive day. This looks primarily sector-driven, not stock-specific.
Volatility check
The move sits within normal semiconductor volatility given AMAT's beta of 1.64 and a 3m slide of -28.0%, but the valuation means the stock still trades like a higher-expectation name: PE 38.1, forward PE 32.1, and PEG 1.48, where PEG is P/E divided by growth, so investors are paying 1.48x the growth rate. The operating backdrop is solid — revenue +7.8% YoY (TTM), latest quarter +24.8% YoY, EPS +38.4% YoY (TTM), gross margin +49.4%, operating margin +29.6%, and net margin +30.1% — so the gain is supported by fundamentals, but the rich multiple means strong growth is already partly priced in. The analyst mix is constructive at 12 strong-positive, 27 positive, 6 neutral, 0 negative, and 0 strong-negative.
Earnings preview
The next earnings date is 2026-11-12. The fact set does not provide consensus revenue or EPS forecasts for that report, so I can't quote Street growth expectations here; what is available is the current operating base: revenue +7.8% YoY (TTM), latest quarter +24.8% YoY, EPS +38.4% YoY (TTM), gross margin +49.4%, operating margin +29.6%, and net margin +30.1%. The market will be focused on whether the current chip rebound is translating into tool demand, whether margins hold near the present level, and whether the recent three-quarter revenue trend remains intact; the supplied facts do not give prior post-earnings reaction data.
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