Applied Materials, Inc. (AMAT)
Applied Materials shares drop despite earnings beat, bullish outlook
Applied Materials Inc (NASDAQ:AMAT, XETRA:AP2) shares fell about 4% on Friday even after the chipmaking equipment supplier beat Wall Street estimates on both revenue and profit for its fiscal third quarter and issued fourth-quarter guidance above expectations. The Santa Clara, California-based company reported revenue of $9.12 billion for the quarter, up 25% year-over-year and ahead of analyst estimates of $8.99 billion.
Watch These Key Metrics After Applied Materials Dipped on Earnings
At $534.54, Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) sits at a crossroads for investors.
5 Things to Know Before the Stock Market Opens on Friday
Stock futures are steady Friday after the S&P 500 closed at a record high yesterday; semiconductor stocks are on the cusp of entering a bull market; Reddit stock is popping on news of its inclusion in the S&P 500; Applied Materials shares are slipping despite strong results; and Elon Musk disclosed a nearly 50% stake in SpaceX. Here's what you need to know today.
Applied Materials: The Correction Handed You The Entry
Applied Materials delivered record Q3 results and issued a Q4 revenue guide of $10.25B, far above consensus. AMAT's China revenue concentration eased to 26%, reducing a key risk, while the stock trades 27% below its June peak. Valuation remains demanding at 43x 2026 EPS, but accelerating growth and a major correction improve risk-reward for disciplined buyers.
Applied Materials, Inc. (AMAT) Q3 2026 Earnings Call Transcript
Applied Materials, Inc. (AMAT) Q3 2026 Earnings Call Transcript
Applied Materials beat Wall Street and raised guidance, so why did the stock fall 6%?
Applied Materials delivered stronger-than-expected earnings and guidance, but AMAT fell more than 5% in extended trading as investors decided a beat was not enough after the stock's 2026 rally. Fiscal third-quarter revenue rose 25% year on year to $9.12 billion, above Wall Street's $8.99 billion estimate, while adjusted earnings climbed 41% to $3.50 a share.
Applied Materials Q3: The Problem Isn't The Business
Applied Materials, Inc. delivered a record-breaking Q3 with 25% revenue growth, robust margin expansion, and strong operational efficiency. AMAT's diversified solutions and key industry partnerships reinforce its critical role in semiconductor and AI/Data Center development. Despite strong results and an upbeat Q4 outlook, AMAT's valuation reflects high expectations, limiting margin of safety for new investors.
Compared to Estimates, Applied Materials (AMAT) Q3 Earnings: A Look at Key Metrics
The headline numbers for Applied Materials (AMAT) give insight into how the company performed in the quarter ended July 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Applied Materials (AMAT) Beats Q3 Earnings and Revenue Estimates
Applied Materials (AMAT) came out with quarterly earnings of $3.5 per share, beating the Zacks Consensus Estimate of $3.38 per share. This compares to earnings of $2.48 per share a year ago.
Applied Materials Q3 Earnings Call Highlights
Applied Materials NASDAQ: AMAT reported record fiscal third-quarter 2026 results, with revenue, operating profit and non-GAAP earnings per share reaching new highs as demand for AI-related semiconductor manufacturing equipment continued to strengthen.
Applied Materials Posts Higher Profit, Revenue on Continued AI Demand
Artificial-intelligence adoption continued to drive demand for the company's semiconductor solutions.
All You Need to Know About Applied Materials (AMAT) Rating Upgrade to Strong Buy
Applied Materials (AMAT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
