AMAT
Applied Materials Inc /de Information Technology Semiconductors & Related Devices S&P 500Nasdaq-100Russell 3000
$390.09Close
$309.3BMarket cap
$219.45 – $722.2352-week range
Nov 12, 2026Next report · after the close
Highlights
Strengths
- Earnings growing EPS +43% year on year, faster than the quarter before (+10 pts)
Cautions
- Not in an uptrend 3 of 8 trend conditions
- Far from its high 46% below its 52-week high
- Results soon Nov 12, 2026, in 11 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
46%
1wk
up 3.4%
price change
1mo
down 23.7%
price change
12-month return
up 69%
market up 11% ·
its own up 56%
F-score
6 / 9
Mixed
Altman Z
15.78
Low risk
P/E
44.2×
price / earnings
PEG
68.69
P/E / EPS growth
P/B
15.2×
price / book
Earnings yield
up 2.7%
EBIT / enterprise value
Cheaper than
29%
of the market · expensive
Revenue growth
up 4%
year on year
EPS growth
up 43%
latest quarter · +10 pts
Sales growth
up 25%
latest quarter · +13 pts
ROE
up 36%
return on equity
Free cash margin
up 20%
$5.7B FCF
D/E
0.32
long-term debt / equity
Net debt / EBITDA
-0.1×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- profitability slipped from last year
- took on more long-term debt
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profits backed by cash
- short-term liquidity improved
- no new shares issued
- gross margin widened
Repair signals
- Gross margin 47.5% → 48.7%
Trade setup
ATR%
5.3%
$20.81 a day · 2×ATR $348.46
RS
58 / 99
vs the universe
Trend
3 / 8
trend template
Relative volume
1.6×
vs 50-day average
Up/down volume
0.77
50 sessions
Implied move
10.5%
by Nov 13, 2026 · report Nov 12, 2026
Trend template · 3 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Aug 13, 2026
Results reaction
Aug 13, 2026-8% vs market2 sessions after results
Options
$59.5M60.6% IV · activity
Financials
- Gross 49%
- Net 25%
- Free cash 20%
- Cash
- Long-term debt
| FY2020Oct 25, 2020 | FY2021Oct 31, 2021 | FY2022Oct 30, 2022 | FY2023Oct 29, 2023 | FY2024Oct 27, 2024 | FY2025Oct 26, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $17.2B | $23.1B | $25.8B | $26.5B | $27.2B | $28.4B |
| Gross margin | 45% | 47% | 47% | 47% | 47% | 49% |
| Operating income | $4.4B | $6.9B | $7.8B | $7.7B | $7.9B | $8.3B |
| Net income | $3.6B | $5.9B | $6.5B | $6.9B | $7.2B | $7.0B |
| Net margin | 21% | 26% | 25% | 26% | 26% | 25% |
| Earnings per share | $3.92 | $6.41 | $7.44 | $8.11 | $8.61 | $8.66 |
| Free cash flow | $3.4B | $4.8B | $4.6B | $7.6B | $7.5B | $5.7B |
| Free cash margin | 20% | 21% | 18% | 29% | 28% | 20% |
| Cash | $5.4B | $5.0B | $2.0B | $6.1B | $8.0B | $7.2B |
| Long-term debt | $5.4B | $5.5B | $5.5B | $5.5B | $5.5B | $6.5B |
| Shareholders' equity | $10.6B | $12.2B | $12.2B | $16.3B | $19.0B | $20.4B |
| Shares outstanding | 914m | 892m | 844m | 833m | 818m | 793m |
Next report
Nov 12, 2026 · after the close
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±10.5%
$352 – $434 by Nov 13, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±3.2%
last 4: -7.5% · +0.0% · +4.4% · -2.0%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
Bigger than usual
3.2× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $340 – $446 ±13.4% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- About the same 60.6% priced · 56.8% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $59.5M calls $20.4M · puts $39.0M · latest session
- 1.91× -7.12 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -15.55k · puts -2.90k past week
For options traders: ATM IV 60.6% (+2.0% 1w) · 1m ÷ 3m IV 1.10 · 25Δ skew 4.2 pts · Net GEX -$53.7M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 20, 2026 | Quarterly ↗ | Jul 26, 2026 | 25d |
| May 21, 2026 | Quarterly ↗ | Apr 26, 2026 | 25d |
| Feb 19, 2026 | Quarterly ↗ | Jan 25, 2026 | 25d |
| Dec 12, 2025 | Annual ↗ | Oct 26, 2025 | 47d |
| Aug 21, 2025 | Quarterly ↗ | Jul 27, 2025 | 25d |
| May 22, 2025 | Quarterly ↗ | Apr 27, 2025 | 25d |
| Feb 20, 2025 | Quarterly ↗ | Jan 26, 2025 | 25d |
| Dec 13, 2024 | Annual ↗ | Oct 27, 2024 | 47d |
| Aug 22, 2024 | Quarterly ↗ | Jul 28, 2024 | 25d |
| May 23, 2024 | Quarterly ↗ | Apr 28, 2024 | 25d |
| Feb 27, 2024 | Quarterly ↗ | Jan 28, 2024 | 30d |
| Dec 15, 2023 | Annual ↗ | Oct 29, 2023 | 47d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 26, 2026 | Other events ↗ |
| Aug 27, 2026 | Director or officer change · Regulation FD ↗ |
| Aug 13, 2026 | Results ↗ |
| May 14, 2026 | Results ↗ |
| Mar 13, 2026 | Shareholder vote ↗ |
| Feb 12, 2026 | Results ↗ |
| Feb 12, 2026 | Regulation FD · Other events ↗ |
| Nov 13, 2025 | Results ↗ |
| Oct 23, 2025 | Restructuring · Regulation FD ↗ |
| Oct 2, 2025 | Regulation FD ↗ |
| Sep 26, 2025 | Material agreement · New obligation ↗ |
| Sep 19, 2025 | Material agreement · Other events ↗ |