Q1 EPS Forecast for Applied Materials Boosted by Analyst

Applied Materials, Inc. (NASDAQ:AMAT) – B. Riley upped their Q1 2025 earnings per share (EPS) estimates for shares of Applied Materials in a research report issued on Thursday, November 14th. B. Riley analyst C. Ellis now anticipates that the manufacturing equipment provider will post earnings per share of $2.28 for the quarter, up from their previous forecast of $2.18. B. Riley has a “Buy” rating and a $280.00 price target on the stock. The consensus estimate for Applied Materials’ current full-year earnings is $9.52 per share. B. Riley also issued estimates for Applied Materials’ Q2 2025 earnings at $2.41 EPS, Q3 2025 earnings at $2.59 EPS, Q4 2025 earnings at $2.76 EPS, FY2025 earnings at $10.04 EPS, Q1 2026 earnings at $2.56 EPS, Q2 2026 earnings at $2.61 EPS, Q3 2026 earnings at $2.74 EPS, Q4 2026 earnings at $2.91 EPS and FY2026 earnings at $10.82 EPS.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.13. Applied Materials had a return on equity of 39.71% and a net margin of 26.41%. The firm had revenue of $7.05 billion during the quarter, compared to the consensus estimate of $6.96 billion. During the same period last year, the business posted $2.12 EPS. Applied Materials’s quarterly revenue was up 4.8% on a year-over-year basis.

AMAT has been the subject of several other research reports. Morgan Stanley dropped their price target on Applied Materials from $185.00 to $179.00 and set an “equal weight” rating for the company in a research report on Friday. Wells Fargo & Company dropped their price target on Applied Materials from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft dropped their price target on Applied Materials from $220.00 to $200.00 and set a “hold” rating for the company in a research report on Friday. TD Cowen dropped their price target on Applied Materials from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Friday. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $250.00 price target on shares of Applied Materials in a research report on Friday. Eight analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.81.

Applied Materials Stock Performance

NASDAQ AMAT opened at $168.88 on Monday. Applied Materials has a 1-year low of $141.94 and a 1-year high of $255.89. The company has a market capitalization of $139.23 billion, a P/E ratio of 19.61, a PEG ratio of 2.07 and a beta of 1.56. The business has a 50 day moving average price of $190.88 and a 200 day moving average price of $206.87. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.86 and a quick ratio of 2.09.

Institutional Investors Weigh In On Applied Materials

Several hedge funds have recently made changes to their positions in the stock. State Street Corp lifted its stake in shares of Applied Materials by 1.8% in the third quarter. State Street Corp now owns 38,808,047 shares of the manufacturing equipment provider’s stock valued at $7,841,178,000 after buying an additional 672,548 shares during the period. Geode Capital Management LLC raised its position in Applied Materials by 1.9% in the third quarter. Geode Capital Management LLC now owns 19,826,373 shares of the manufacturing equipment provider’s stock worth $3,994,968,000 after purchasing an additional 371,866 shares in the last quarter. FMR LLC raised its position in Applied Materials by 5.5% in the third quarter. FMR LLC now owns 16,413,112 shares of the manufacturing equipment provider’s stock worth $3,316,269,000 after purchasing an additional 858,122 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Applied Materials by 3.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,861,933 shares of the manufacturing equipment provider’s stock worth $1,790,554,000 after purchasing an additional 318,445 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in Applied Materials by 29.8% in the third quarter. Van ECK Associates Corp now owns 6,571,178 shares of the manufacturing equipment provider’s stock worth $1,327,707,000 after purchasing an additional 1,509,439 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, November 21st. Applied Materials’s payout ratio is presently 18.58%.

About Applied Materials

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.