AMAT

Applied Materials, Inc.
TechnologySemiconductor Equipment & MaterialsNASDAQ
$367.86
+$19.35 (5.26%)today
Conviction
0/ 10
Fair Value$410.63
Upside+11.63%
Signal0
Market Cap$256.4B
52W Range$123.74–$395.95
Next EarningsMay 14

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid
Fair Value$70.15
Current Price$337.17
Upside / Down-79.2%
P(Undervalued)0.0%
P(20%+ Up)0.0%
P(15%+ Down)100.0%

Fair Value Distribution — percentile bands

0.0% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

38.2%/yr

±2.1% · revenue growth to justify current price

FCF-Based Reverse DCF

44.3%/yr

±3.7% · FCF growth to justify current price

THE GAP

Market pricing margin compression or rising capex

KEY VALUE DRIVERS

Spearman correlation — what moves this valuation most

Quick Take

Applied Materials, Inc.

Trailing P/E33.3x
Forward P/E23.4x
P/S9.1x
EPS (TTM)$9.74
Analyst Target$410.63
Analyst Upside11.6%

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Bull Case

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Bear Case

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Research Feed

sec_10qFeb 28
Conviction: unchanged
AMAT Q1 FY2026 10-Q: BIS Settlement Resolved, Taiwan Surge Offsets Foundry Weakness

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