Stock·NASDAQ·Technology
Applied Materials Inc. (AMAT)
- Market cap
- $324.81B
- P/E
- 37.10
- Dividend yield
- 0.50%
- Street target
- $645.50median of 40 analysts
- 52-week range
- $203.40 $739.67
The short version
Where AMAT stands today, in four lines, and what CleaRank Financial AI makes of it.
AMAT at a glance
Applied Materials Inc. (AMAT): Hold, 57/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($482.21 and $439.03).
- Earnings AMAT beat estimates in 8 of its last 8 quarters, yet fell the next day after 6 of those beats.
- Insiders Insiders sold $180.7M and made no open-market purchases over the last 18 months.
- Valuation P/E of 37.1 against 35.1 for the Technology sector: broadly in line with peers (+6%).
Figures as of October 16, 2026.
CleaRank Financial AI
AMAT carries a CleaRank rating of Hold and a model score of 57/100.
The analysts' outlook is the strongest contributor, with 33 of 40 analysts rating the shares a buy and a median target 57.7% above the price. The trend is the largest drag, since the price is 6.77% below its 200-day average and 15.12% below its 50-day average. Applied Materials Inc. (AMAT) has a 50-day average of $482.21 and a 200-day average of $439.03, and over the past year the price climbed 79.73%.
Only on CleaRank
Figures we compute ourselves from AMAT's own price, earnings and insider-filing history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
1/4Price above its 50-day average ›
The price of $409.29 is 15.1% below the 50-day simple moving average of $482.21.Price above its 200-day average ›
The price is 6.8% below the 200-day simple moving average of $439.03.50-day average above the 200-day ›
The 50-day average ($482.21) is 9.8% above the 200-day average ($439.03), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 38% of its 52-week range, between $203.40 and $739.67.
AMAT share price
Pick a period: each tab shows how far AMAT has moved over it, to the last close.
Today's trading
Where AMAT sits inside today's range and its 52-week range.
Fundamentals
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
3/5P/E below the sector median ›
The trailing P/E of 37.10 is 5.7% above the Technology median of 35.1.P/S below the sector median ›
The price-to-sales ratio of 11.07 is 45.6% above the sector median of 7.6.Profitable over the last 12 months ›
Net income over the last 12 months was $9.3B on revenue of $30.8B, a net margin of 30.1%.Beat estimates in most recent reports ›
AMAT beat the EPS estimate in 8 of its last 8 reports.Pays a dividend ›
The trailing dividend yield is 0.50%, or $2.05 a share a year.
Key statistics
The headline figures for AMAT.
As of October 16, 2026, AMAT trades at $409.29, with a market value of $324.81B, a P/E ratio of 37.10 and a dividend yield of 0.50%.
What the numbers say
CleaRank Financial AI's reading of AMAT's valuation, growth and risks.
Applied Materials Inc. (AMAT) looks broadly in line with peers on earnings: its P/E of 37.10 compares with a Technology sector median of 35.1, which leaves the P/E 5.7% above that median. On sales, the P/S of 11.07 is 45.7% above the sector median of 7.6. To put the size in context, the company's market value is $324.8B.
Revenue grew 24.80% over the latest year, which is 0.6 percentage points ahead of the 24.2% median for Technology. Profitability shows a net margin of 30.05% and an operating margin of 33.74%. Shareholders' capital earns 41.07%, above the sector median of 13.4%, measured as return on equity. It also reports debt-to-equity of 0.29 and a trailing dividend yield of 0.50% ($2.05 a share a year).
AMAT reported $3.50 a share on August 13, 2026, compared with an estimate of $3.39, so it beat the estimate by 3.24%. Even so, the stock dropped 5.12% in the following session.
AMAT has beaten the EPS estimate in all 8 of its recent reports, though the stock still fell in the first session after 6 of those 8 beats. Earlier, the stock rose 8.08% after the February 12, 2026 report, a beat of 7.69%. The consensus EPS estimate stands at $12.79 for this fiscal year and $18.47 for next, growth of 35.7% for the current year.
Normal swings for AMAT run at about 3.23% a day. The downtrend is itself a risk for as long as the price stays under both moving averages. The price is 44.67% below its 52-week high of $739.67. Over the last 18 months, insider sales totalled $180.7M with no open-market purchases; planned sales and tax sales on vesting shares make selling a weaker signal than buying.
AMAT against the Technology sector
How AMAT compares with the median Technology stock CleaRank tracks.
Price to earnings vs sector: Valuation is broadly in line with sector peers (6% difference), suggesting fair market pricing relative to industry standards.
Return vs XLK: Since May 6, 2025, AMAT has gained 167.5% against a gain of 73.7% for XLK.
Performance against XLK
AMAT and the Technology sector fund over the same days.
Revenue and earnings
How much AMAT sells, and how much of it becomes profit.
Revenue growth: Revenue grew 4.4% in FY2025 to $28.4B, from $27.2B a year earlier.
Profit margin: The net margin was 24.7% in FY2025, down from 26.4% the year before.
Profitable: AMAT earned $7.0B in FY2025.
Earnings reality check
Did AMAT beat what analysts expected, and how did the stock react?
Earnings record: AMAT beat the analyst estimate in 8 of the last 8 quarters.
Market reaction: The stock fell in the first session after 6 of those 8 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 13, 2026after close | $3.39 | $3.50 | +3.24% | -5.12% | -7.17% |
| May 14, 2026after close | $2.69 | $2.86 | +6.32% | -0.89% | -3.00% |
| Feb 12, 2026after close | $2.21 | $2.38 | +7.69% | +8.08% | +14.31% |
| Nov 13, 2025after close | $2.09 | $2.17 | +3.83% | +1.25% | -1.34% |
| Aug 14, 2025after close | $2.36 | $2.48 | +5.08% | -14.07% | -15.09% |
| May 15, 2025after close | $2.31 | $2.39 | +3.46% | -5.25% | -8.14% |
| Feb 13, 2025after close | $2.30 | $2.38 | +3.48% | -8.18% | -6.67% |
| Nov 14, 2024after close | $2.19 | $2.32 | +5.94% | -9.20% | -5.51% |
As of October 16, 2026, AMAT has beaten the analyst EPS estimate in 8 of its last 8 reported quarters and fell in the first trading session after 6 of those beats; its latest report, on August 13, 2026, came in 3.24% above the estimate and the stock moved -5.12% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
0/3RSI not overbought or oversold ›
The 14-day RSI is 29.2, in oversold territory.RSI above 50 ›
An RSI of 29.2 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of AMAT
The score, the reasoning behind it, and what could move the price next.
Applied Materials Inc. (AMAT) trades at $409.29, below both of its main moving averages. It sits 15.12% under the 50-day average of $482.21 and 6.77% under the 200-day average of $439.03. Within its 52-week range, running from $203.40 up to $739.67, the price stands at 38%.
On momentum, the 14-day RSI reads 29.2, in oversold territory, with the MACD line negative. A recent pullback sits inside a stronger longer record: the price fell 1.47% over the past month, fell 22.73% over the past three months and rose 79.73% over the past year. The price fell 4.82% in the last session on volume 25.7% above its average.
Earnings beat ›
The August 13, 2026 report beat the EPS estimate by 3.24%, and the share price fell 5.12% in the first session after it.
Source: Earnings report, August 13, 2026
Rating reaffirmed ›
Morgan Stanley kept its Equal-Weight rating on September 28, 2026.
Source: Analyst action, Morgan Stanley, September 28, 2026
- Two levels matter most right now: the 200-day SMA at $439.03, which sits above the price, and the 52-week low at $203.40, which sits below it.
- A 14-day RSI of 29.2 places the reading in oversold territory, and the MACD line is negative. Readings above 70 or below 30 signal stretched momentum.
- The share price dropped 5.12% in the first session after the August 13, 2026 report. Across the last 8 reports, AMAT has beaten estimates each time.
AMAT remains in a downtrend while it trades under both its 50-day average of $482.21 and its 200-day average of $439.03. A move back above the 200-day would be the first sign of repair. Until then, the 200-day SMA at $439.03 is the first barrier above the price.
AMAT's nearest level below the price is the 52-week low at $203.40. The RSI is in oversold territory, so a recovery back above the oversold line would be the first sign that selling pressure is easing.
Technical indicators
Momentum and trend for AMAT, from its daily closes.
As of October 16, 2026, with AMAT at $409.29, its 14-day RSI is 29.2 (oversold territory), its 50-day simple moving average is $482.21 and its 200-day is $439.03.
Calculated by CleaRank on daily closes as of October 16, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What AMAT moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 16, 2026, AMAT's 1-year correlation of daily returns is +0.59 with S&P 500 (SPY), +0.69 with Nasdaq 100 (QQQ), +0.22 with Bitcoin (BTC) and +0.14 with gold (XAU).
What Wall Street expects
The analysts' target range and how their ratings split.
Analysts checks
3/3Most analysts rate it a buy ›
33 of 40 analysts rate it a buy or strong buy, 7 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $645.50 is 57.7% above the price.More buy ratings than three months ago ›
33 of 40 rate it a buy now, against 32 of 39 three months ago.
AMAT Wall Street View
12-month price targets
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Sep 28, 2026 | Morgan Stanley | Maintains | Equal-Weight |
| Sep 1, 2026 | UBS | Maintains | Buy |
| Aug 25, 2026 | Mizuho | Maintains | Outperform |
| Aug 18, 2026 | Argus Research | Maintains | Buy |
| Aug 14, 2026 | UBS | Maintains | Buy |
| Aug 14, 2026 | Craig-Hallum | Maintains | Buy |
As of October 16, 2026, 40 Wall Street analysts cover AMAT: 33 rate it a buy or strong buy, 7 a hold and 0 a sell or strong sell. Their 12-month price targets range from $358.00 to $900.00, with a median of $645.50, 57.7% above the price of $409.29.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
AMAT trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
AMAT moves about 3.2% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much AMAT tends to move, against the market and on its own.
The long record
AMAT's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
3/4Average daily move under 2% ›
The price has moved 3.23% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 52.6%, from December 2021 to October 2022, regained by December 2023.Most 1-year holds ended higher ›
72% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $172,168, against $42,525 in the S&P 500 (SPY).
AMAT Drawdowns & Recovery
As of October 16, 2026, AMAT's worst peak-to-trough fall over the last 10 years with dividends reinvested was -52.6% (December 2021 to October 2022); it regained that peak by December 2023, 14 months after the low, and 72% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into AMAT in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: AMAT beat the S&P 500 over this period: $172,168 against $42,525.
A $10,000 investment in AMAT in October 2016 would be worth about $172,168 today with dividends reinvested, compared with about $42,525 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to AMAT, and which have not.
Strongest month, November: an average of +11.99%, up in 9 of 10 years.
Weakest month, August: an average of -5.41%, up in 1 of 10 years.
This month, October: has averaged -0.11%, up in 4 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, AMAT's strongest calendar month has been November (average +11.99%, up in 9 of 10 years) and its weakest August (average -5.41%, up in 1 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in AMAT, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in AMAT today could grow to about $29,480 by 2036 in the base case, with a 90th-percentile outcome near $181,414 and a 10th-percentile outcome around $4,791. The simulation models price only; at today's 0.50% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
AMAT Stock Price Prediction: 2030
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $631 for AMAT by 2030 in the base case, from $409 today (1.5x over 4 years). The 10th-percentile path ends near $200. These are outcomes of a Monte Carlo simulation run on AMAT's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $257 | $456 | $810 | |
| 2028 | $225 | $508 | $1,145 | |
| 2029 | $209 | $566 | $1,532 | |
| 2030 | $200 | $631 | $1,990 | |
| 2031 | $194 | $703 | $2,540 |
Method: a lognormal simulation of AMAT's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Insider trading
What the people running the company have bought and sold.
AMAT insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Insider buying: No insider bought AMAT shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 16, 2026, AMAT insiders reported 21 open-market sales worth $180.7M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Oct 2, 2026 | Adam Sanders
Officer
|
Sell | 725 | $394.8K |
| Sep 8, 2026 | Judy Bruner
Director
|
Sell | 1.0K | $465.0K |
| Aug 27, 2026 | Akash J Palkhiwala
Director
|
Grant | 279 | - |
| Aug 25, 2026 | Brice Hill
Chief Financial Officer
|
Sell | 7.5K | $3.6M |
| Jun 30, 2026 | Gary E Dickerson
Chief Executive Officer
|
Sell | 78.3K | $55.6M |
| Jun 18, 2026 | Praburam G. Raja
Officer
|
Sell | 10.0K | $6.3M |
| Jun 16, 2026 | Gary E Dickerson
Chief Executive Officer
|
Sell | 83.0K | $49.2M |
| Jun 16, 2026 | Omkaram Nalamasu
Chief Technology Officer
|
Sell | 35.0K | $20.8M |
| Jun 16, 2026 | Thomas J Iannotti
Director
|
Sell | 9.3K | $5.5M |
| Jun 16, 2026 | Gary E Dickerson
Chief Executive Officer
|
Grant | 17.0K | - |
| Jun 16, 2026 | Thomas J Iannotti
Director
|
Grant | 750 | - |
| Jun 15, 2026 | Timothy M Deane
Officer
|
Sell | 8.6K | $5.1M |
| Jun 15, 2026 | Timothy M Deane
Officer
|
Grant | 1.5K | - |
| Jun 4, 2026 | Praburam G. Raja
Officer
|
Sell | 50.0K | $25.3M |
| Jun 3, 2026 | Brice Hill
Chief Financial Officer
|
Sell | 2.5K | $1.2M |
| May 26, 2026 | Judy Bruner
Director
|
Sell | 1.1K | $507.6K |
| May 22, 2026 | Adam Sanders
Officer
|
Sell | 268 | $116.4K |
| May 21, 2026 | Geus Aart J De
Director
|
Grant | 17.9K | - |
| Mar 12, 2026 | James Robert Anderson
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Rani Borkar
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Judy Bruner
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Xun Eric Chen
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Geus Aart J De
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Thomas J Iannotti
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Alexander A Karsner
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Kevin P March
Director
|
Grant | 741 | - |
| Mar 12, 2026 | Scott A Mcgregor
Director
|
Grant | 741 | - |
| Feb 25, 2026 | Judy Bruner
Director
|
Sell | 2.5K | $979.3K |
| Feb 24, 2026 | Adam Sanders
Officer
|
Sell | 534 | $202.5K |
| Feb 23, 2026 | Judy Bruner
Director
|
Sell | 4.0K | $1.5M |
| Feb 17, 2026 | Brice Hill
Chief Financial Officer
|
Sell | 5.0K | $1.8M |
| Dec 31, 2025 | Xun Eric Chen
Director
|
Grant | 187 | - |
| Dec 12, 2025 | Praburam G. Raja
Officer
|
Grant | 50 | - |
| Dec 11, 2025 | Timothy M Deane
Officer
|
Grant | 27.8K | - |
| Dec 11, 2025 | Gary E Dickerson
Chief Executive Officer
|
Grant | 191.2K | - |
| Dec 11, 2025 | Brice Hill
Chief Financial Officer
|
Grant | 41.1K | - |
| Dec 11, 2025 | Teri A Little
Officer
|
Grant | 23.1K | - |
| Dec 11, 2025 | Omkaram Nalamasu
Chief Technology Officer
|
Grant | 28.8K | - |
| Dec 11, 2025 | Praburam G. Raja
Officer
|
Grant | 49.9K | - |
| Dec 11, 2025 | Adam Sanders
Officer
|
Grant | 1.1K | - |
| Dec 8, 2025 | Omkaram Nalamasu
Chief Technology Officer
|
Grant | 15 | - |
| Dec 1, 2025 | Adam Sanders
Officer
|
Sell | 609 | $155.6K |
| Dec 1, 2025 | Thomas J Iannotti
Director
|
Grant | 200 | - |
| Nov 25, 2025 | Teri A Little
Officer
|
Sell | 4.0K | $952.9K |
| Nov 21, 2025 | Praburam G. Raja
Officer
|
Grant | 45 | - |
| Nov 19, 2025 | Teri A Little
Officer
|
Sell | 4.0K | $936.3K |
| Oct 24, 2025 | Gary E Dickerson
Chief Executive Officer
|
Grant | 116.1K | - |
| Oct 24, 2025 | Praburam G. Raja
Officer
|
Grant | 33.8K | - |
| Jul 18, 2025 | James Robert Anderson
Director
|
Grant | 806 | - |
| Jul 2, 2025 | Timothy M Deane
Officer
|
Grant | 2.2K | - |
| Jun 24, 2025 | Adam Sanders
Officer
|
Sell | 562 | $100.4K |
Source: TwelveData, from SEC Form 4 filings
Questions people ask
Answered from the figures on this page, as of October 16, 2026.