Q1 EPS Estimates for Applied Materials Boosted by B. Riley

Applied Materials, Inc. (NASDAQ:AMAT) – Equities researchers at B. Riley lifted their Q1 2026 earnings per share estimates for shares of Applied Materials in a research report issued to clients and investors on Thursday, November 13th. B. Riley analyst C. Ellis now anticipates that the manufacturing equipment provider will post earnings of $2.19 per share for the quarter, up from their prior estimate of $2.00. B. Riley has a “Buy” rating and a $270.00 price objective on the stock. The consensus estimate for Applied Materials’ current full-year earnings is $9.38 per share. B. Riley also issued estimates for Applied Materials’ Q2 2026 earnings at $2.17 EPS, Q3 2026 earnings at $2.39 EPS, Q4 2026 earnings at $2.62 EPS, FY2026 earnings at $9.37 EPS and FY2027 earnings at $10.53 EPS.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same quarter last year, the company earned $2.32 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS.

Several other analysts also recently commented on the stock. KeyCorp increased their target price on shares of Applied Materials from $220.00 to $240.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Wolfe Research cut their price target on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Summit Insights downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. UBS Group reiterated a “neutral” rating and issued a $250.00 price objective on shares of Applied Materials in a research note on Friday. Finally, Barclays boosted their target price on Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Monday, October 20th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $226.74.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $226.01 on Monday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The stock’s fifty day simple moving average is $212.28 and its two-hundred day simple moving average is $187.32. Applied Materials has a 1-year low of $123.74 and a 1-year high of $242.50. The stock has a market cap of $180.05 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is presently 21.20%.

Hedge Funds Weigh In On Applied Materials

Several institutional investors have recently bought and sold shares of AMAT. Marquette Asset Management LLC grew its stake in shares of Applied Materials by 150.0% during the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after acquiring an additional 75 shares during the period. Redmont Wealth Advisors LLC bought a new stake in Applied Materials in the 3rd quarter valued at about $26,000. Maseco LLP purchased a new stake in Applied Materials during the second quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd boosted its position in Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares during the period. Finally, Activest Wealth Management increased its stake in shares of Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.