Insider buying last 90 days
No open-market insider purchases were filed for AMAT in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every AMAT insider filing, plotted on the chart in Gekko.Open AMAT in Gekko
NASDAQ: AMAT
Applied Materials (AMAT) Stock Analysis & Forecast
Nov 4 close
$369.40−12.52 (−3.3%)
Gekko Brief
AI summaryNov 4 closeApplied Materials shares fell 3.28% on Wednesday to close at $369.40, extending a decline that has seen the stock drop 29% over the past month and sit 50.06% below its 52-week high of $739.67. The selloff reflects broader concerns about AI infrastructure spending and a disappointing forecast from Intel, alongside a skipped WFE forecast and sector-wide supply concerns described as not company-specific. One commentary notes shares trading at about 23x forward earnings despite a 51% growth quarter, while another points to Applied Materials outperforming the S&P 500 for four consecutive years, a streak attributed partly to luck rather than skill.
The close of $369.40 sits well below both the 50-day average of $451.05 and the 200-day average of $445.31, reflecting the recent downtrend, with the stock down 30.3% over one month and 30% over three months, though still up 55.4% over the past year. The GekkoIndex reading of 66.6 places the stock in the Accumulation zone. Price sits 29.1% below Gekko Fair Value of $521.06.
Applied Materials reports earnings on 12 November 2026 after close, 7 days away, falling inside a typical 20-trading-day holding window; the prior quarter saw an EPS beat of $3.50 versus $3.38 estimated, yet produced a -7.5% reaction, with average absolute reactions around 6.1%. Over the last 90 days, Congress recorded 1 buy and 0 sells. Seasonally, the next 20 trading days have averaged +7.4% over 5 years, rising in 4 of them. The consensus among 24 firms stands at 22 buy and 2 hold ratings, with a consensus target of $626.86.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Applied Materials price vs fair value
Close $369.40200-day averageGekko Fair Value $521.06
Applied Materials quick facts
- Market cap
- $293.2B
- P/E ratio
- 32.3
- Forward P/E
- 21.9
- EPS, TTM
- $11.59
- Revenue, TTM
- $30.84B
- Profit margin
- 30%
- Dividend yield
- 0.51%
- Beta
- 1.67
- Volume
- 7.88M avg 7.52M
- 1-year return
- +55.4%
- Typical daily move
- ±5.5%
- Typical 20-day move
- ±8.4%
- 50-day average
- $451.05
- 200-day average
- $445.31
- Next earnings
- Nov 12 after close
- Shares outstanding
- 793.6M
Applied Materials swing-trade checklist
Applied Materials scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $369.40 sits between the 50-day ($451.05) and 200-day ($445.31) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
66.6, Accumulation
Reading 66.6 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
29.1% below
Price is 29.1% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: Congress 1 buy / 0 sales.
See smart money - Earnings riskheadwind
Reports in 7 days
Reports on Nov 12, 2026, 7 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+7.4% on average
From this point in the calendar, the next 20 trading days averaged +7.4% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Applied Materials stock chart and price history
Applied Materials closed at $369.40 on Nov 4, 2026, +55.4% over the past year, inside a 52-week range of $203.40 to $739.67.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −30.3%
- 3 months
- −30.0%
- 6 months
- −13.8%
- 1 year
- +55.4%
The full AMAT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open AMAT in Gekko
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About Applied Materials
Applied Materials makes the engineering tools and materials that chipmakers rely on to produce semiconductors. Its work centers on the equipment used in wafer fabrication, the process by which raw materials become the integrated circuits found in electronic devices. The company is recognized for supplying this equipment along with the design, production, and upkeep services that go with it.
The business runs through two segments. One, Semiconductor Systems, covers the design, manufacture, and sale of the machinery used to fabricate chips. The other, Applied Global Services, supports customers after installation, offering spare parts, maintenance, and factory automation software for fabrication plants around the world. Its customers are semiconductor manufacturers that operate these facilities.
Applied Materials was established on November 10, 1967, and its headquarters are in Santa Clara, California. Shares of the company are listed on the NASDAQ under the ticker AMAT.
- Listed
- NASDAQ
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Website
- appliedmaterials.com
Applied Materials GekkoIndex: the smart money zone
Applied Materials’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.6, in the Accumulation zone, up 1 point over five sessions.
66.6Accumulation
Up 1 point over five sessions.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 19 | +3.5% | +13.4% | ||
| Accumulation (current zone) | 191 | +0.2% | +3.2% | ||
| Neutral | 417 | +1.0% | +3.6% | ||
| Distribution | 65 | +1.4% | +3.1% | ||
| Selling | 5 | Too few readings yet | |||
Average AMAT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the AMAT price, zone by zone.Track AMAT in Gekko
Is Applied Materials stock overvalued? Gekko Fair Value
Applied Materials trades 29.1% below Gekko Fair Value of $521.06, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Applied Materials shares are worth, recalculated every trading day.
$521.06
Gekko Fair Value, Nov 4, 2026
29.1% Undervalued
At the end of Aug 2026 the price was 24.6% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open AMAT in Gekko
Applied Materials insider and Congress trading
No open-market insider purchases were filed for Applied Materials, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
1trade disclosed: 1 purchase and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| Josh Gottheimer House, NJ, purchase | $1,001 - $15,000 | Sep 15 traded Aug 6 |
From congressional disclosures, which report amounts as ranges.
Buybacks
Applied Materials has been buying back its own shares.
- Bought back, quarter ended Jul 26, 2026
- $440.0M
- As a share of market cap
- 0.15%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
6of the funds Gekko tracks hold AMAT.
0added1opened5trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Applied Materials earnings: next date and track record
Applied Materials reports on Nov 12, 2026, after the close (7 days away), and beat the EPS estimate in 8 of its last 8 reports.
Next earnings report
Nov 12, 2026
Expected after the close, 7 days away
- EPS estimate
- $4.06
- Revenue estimate
- $10.30B
8 of 8reports beat the EPS estimate
±6.1%average move across the report
1 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 13, 2026 AI summary
- What they said
- Applied Materials delivered record-breaking Q3 fiscal 2026 results, including the highest quarter-on-quarter revenue growth in company history. AI infrastructure buildout is driving unprecedented semiconductor demand, with customers providing 8-quarter rolling forecasts. Management has made upward revisions to its 2026 revenue growth forecast and expects to outpace overall market growth. AI investments are accelerating R&D, improving margins, and enabling faster operational scaling.
- Guidance
- Management expressed high confidence that 2027 will be another strong growth year. Applied expects to grow faster than the overall market in 2026. A new EPIC Center in Silicon Valley is set to begin operations, supporting long-term technology and capacity initiatives.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 13, 2026 | $3.50 est $3.38 | $9.12B est $8.99B | −7.5% |
| May 14, 2026 | $2.86 est $2.68 | $7.91B est $7.68B | 0.0% |
| Feb 12, 2026 | $2.38 est $2.21 | $7.01B est $6.87B | +4.4% |
| Dec 12, 2025 | $2.17 est $2.11 | $6.80B est $6.68B | −3.3% |
| Aug 14, 2025 | $2.48 est $2.36 | $7.30B est $7.22B | −14.9% |
| May 15, 2025 | $2.39 est $2.31 | $7.10B est $7.13B | −4.9% |
| Feb 13, 2025 | $2.38 est $2.28 | $7.17B est $7.15B | −6.5% |
| Nov 14, 2024 | $2.32 est $2.19 | $7.05B est $6.96B | −7.6% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Applied Materials stock forecast and analyst price targets
Analysts’ average 12-month price target for Applied Materials is $626.86, +69.7% from the last close, from 24 firms rating the stock in the last 90 days.
$626.86consensus 12-month target, +69.7% from the last close
Now $369.40Avg $626.86
Low $538High $850
Each firm’s latest rating in the last 90 days: 24 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Nov 2 | UBS | $695 | +88.1% |
| Nov 2 | Morgan Stanley | $538 | +45.6% |
| Oct 16 | Needham | $560 | +51.6% |
| Oct 15 | Evercore ISI | $590 | +59.7% |
| Oct 14 | Bank of America Securities | $650 | +76.0% |
+3.2%average 20-day move after past Accumulation readings
+7.4%average move over the next 20 trading days in the last 5 years
±5.5%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Applied Materials seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Applied Materials averaged +7.4% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +6.8% | 4 of 5 |
| Next 10 trading days | +3.6% | 3 of 5 |
| Next 15 trading days | +3.5% | 3 of 5 |
| Next 20 trading days | +7.4% | 4 of 5 |
| Next 30 trading days | +5.4% | 3 of 5 |
For scale, AMAT’s typical 20-trading-day move in either direction is about 8.4%.
Applied Materials market cap and key statistics
Applied Materials’s market cap is $293.2B, with a P/E ratio of 32.3 and revenue of $30.84B over the last twelve months.
Valuation
- Market cap
- $293.2B
- P/E ratio
- 32.3
- Forward P/E
- 21.9
- EPS, TTM
- $11.59
- Gekko Fair Value
- $521.06
Trading
- Volume
- 7.88M
- Avg volume, 20 days
- 7.52M
- 52-week high
- $739.67
- 52-week low
- $203.40
- Shares outstanding
- 793.6M
Financials
- Revenue, TTM
- $30.84B
- Profit margin
- 30%
- Return on equity
- 41.1%
- Quarterly earnings growth, YoY
- +42.8%
Risk and income
- Beta
- 1.67
- Typical daily move
- ±5.5%
- Typical 20-day move
- ±8.4%
- Dividend yield
- 0.51%
Applied Materials stock news this week
Coverage of Applied Materials this week reads negative: 1 positive, 1 neutral and 2 negative headlines.
- Applied Materials Inc. stock underperforms Wednesday when compared to competitorsMarketWatch, Nov 4
- Applied Materials Just Dropped 29% In a Month: Will November 12 Earnings Rescue or Break AMAT Stock?24/7 Wall St., Nov 3
- Applied Materials Inc. stock underperforms Tuesday when compared to competitors despite daily gainsMarketWatch, Nov 3
- What Does Applied Materials Stock’s Winning Streak Really Prove?Trefis, Nov 3
- Applied Materials (AMAT) Dips More Than Broader Market: What You Should KnowZacks Investment Research, Nov 2
- Applied Materials, Inc. (AMAT) is Attracting Investor Attention: Here is What You Should KnowZacks Investment Research, Oct 30
Applied Materials peers
Applied Materials’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| LRCXLam Research | Accumulation | 18.2% below |
| PHParker-Hannifin | Accumulation | 2.4% below |
| TTTrane Technologies | Accumulation | 3.3% above |
| JCIJohnson Controls International | Accumulation | 6.8% above |
| CARRCarrier Global | Neutral | 0.0% above |
| IRIngersoll Rand | Neutral | 16.8% above |
A peer links to its own page where one exists.
Applied Materials stock FAQ
What is Applied Materials’s market cap?
Applied Materials’s market cap is $293.2B at the Nov 4, 2026 close of $369.40, with 793.6M shares outstanding. The shares trade on a P/E ratio of 32.3.
What is the Applied Materials stock forecast?
The consensus analyst 12-month price target for Applied Materials is $626.86, +69.7% from the last close. Of the 24 firms that rated the stock in the last 90 days, 22 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Applied Materials stock overvalued or undervalued?
On Gekko’s estimate Applied Materials is undervalued: the Nov 4, 2026 close of $369.40 is 29.1% below Gekko Fair Value of $521.06. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Applied Materials report earnings next?
Applied Materials is expected to report on Nov 12, 2026, after the market closes (7 days away). Analysts expect earnings of $4.06 per share on revenue of $10.30B. Applied Materials beat the earnings estimate in 8 of its last 8 reports, moving 6.1% on average across the report.
What is Applied Materials’s 52-week high and low?
Applied Materials’s 52-week high is $739.67 and its 52-week low is $203.40; it closed at $369.40 on Nov 4, 2026, +55.4% over the past year.
Is Applied Materials stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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