Q3 EPS Forecast for Applied Materials Increased by Analyst

Applied Materials, Inc. (NASDAQ:AMAT) – Equities researchers at William Blair lifted their Q3 2025 EPS estimates for Applied Materials in a note issued to investors on Thursday, February 13th. William Blair analyst J. Dorsheimer now expects that the manufacturing equipment provider will post earnings per share of $2.38 for the quarter, up from their previous forecast of $2.36. The consensus estimate for Applied Materials’ current full-year earnings is $9.38 per share. William Blair also issued estimates for Applied Materials’ Q1 2026 earnings at $2.40 EPS, Q2 2026 earnings at $2.40 EPS, Q3 2026 earnings at $2.51 EPS, Q4 2026 earnings at $2.63 EPS and FY2026 earnings at $9.95 EPS.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, February 13th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.28 by $0.10. Applied Materials had a net margin of 26.41% and a return on equity of 39.26%.

Other equities analysts also recently issued reports about the stock. Citigroup raised their price target on shares of Applied Materials from $194.00 to $202.00 and gave the stock a “buy” rating in a research note on Tuesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $250.00 price target on shares of Applied Materials in a research note on Friday, November 15th. Mizuho decreased their price target on shares of Applied Materials from $220.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Applied Materials from $220.00 to $200.00 and set a “hold” rating on the stock in a research note on Friday, November 15th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $164.00 price target (down from $179.00) on shares of Applied Materials in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat, Applied Materials has an average rating of “Moderate Buy” and an average price target of $215.38.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $172.00 on Monday. The company’s 50-day moving average price is $175.31 and its 200-day moving average price is $184.12. The company has a current ratio of 2.51, a quick ratio of 1.87 and a debt-to-equity ratio of 0.29. The company has a market cap of $139.78 billion, a P/E ratio of 19.98, a P/E/G ratio of 1.86 and a beta of 1.53. Applied Materials has a twelve month low of $158.96 and a twelve month high of $255.89.

Institutional Investors Weigh In On Applied Materials

A number of institutional investors have recently made changes to their positions in the stock. Forum Financial Management LP grew its holdings in shares of Applied Materials by 0.6% in the third quarter. Forum Financial Management LP now owns 9,143 shares of the manufacturing equipment provider’s stock valued at $1,847,000 after purchasing an additional 53 shares in the last quarter. Sargent Investment Group LLC grew its holdings in shares of Applied Materials by 4.0% in the third quarter. Sargent Investment Group LLC now owns 1,415 shares of the manufacturing equipment provider’s stock valued at $286,000 after purchasing an additional 55 shares in the last quarter. Biltmore Family Office LLC grew its holdings in shares of Applied Materials by 5.3% in the third quarter. Biltmore Family Office LLC now owns 1,093 shares of the manufacturing equipment provider’s stock valued at $221,000 after purchasing an additional 55 shares in the last quarter. Field & Main Bank grew its holdings in shares of Applied Materials by 1.8% in the fourth quarter. Field & Main Bank now owns 3,170 shares of the manufacturing equipment provider’s stock valued at $516,000 after purchasing an additional 55 shares in the last quarter. Finally, BSW Wealth Partners grew its holdings in shares of Applied Materials by 1.3% in the third quarter. BSW Wealth Partners now owns 4,259 shares of the manufacturing equipment provider’s stock valued at $860,000 after purchasing an additional 56 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, February 20th. Applied Materials’s dividend 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.