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AMAT

APPLIED MATERIALS INC /DE

At today's price, APPLIED MATERIALS INC /DE (AMAT) is priced for today's economics sustained for ~15.3 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~15.3 years
Priced In
high

Key Takeaways

• Applied Materials makes the wafer-fabrication tools that nearly every chipmaker needs, with two thirds of revenue in Semiconductor Systems and another quarter in the higher-margin services business that runs and maintains the installed base of equipment. • The earnings trajectory is the story: the most recent quarter set records on revenue at $7.91 billion and GAAP earnings of $3.51 a share, with gross margin near 50%, and management guides the next quarter to roughly $8.95 billion in revenue

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Institutional ownership

2,864 institutional managers reported holding AMAT in 13F filings for the quarter ended 2026-03-31. Together they hold about 78% of the company; the top 10 hold 37%. 396 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 21.9M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (2.2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AMAT has cut its share count 12.6% over the past five years, spending $20.79B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 8 years straight; the current rate is $1.78 a share annually. Cash returned over the past three years: $3.84B in dividends and $10.63B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at AMAT over the trailing three years: 2025: 2 buys totaling $6.87M. 17 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AMAT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-05-27+1.1%+11.7%
2023-08-25+3.1%-9.0%
2023-12-16+2.9%+23.2%
2024-02-28+7.2%-1.8%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AMAT's latest 8-K filings: 2026-05-14 (items 2.02, 9.01); 2026-03-13 (items 5.07); 2026-02-12 (items 2.02, 9.01); 2026-02-12 (items 7.01, 8.01, 9.01); 2025-11-13 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare AMAT

AMAT vs AMDAMAT vs APHAMAT vs ARMAMAT vs AVGOAMAT vs INTCAMAT vs MRVL

Last analyzed: July 3, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.