AMAT Stock Price Today (September 2026) — Applied Materials, Inc. Analysis & Key Metrics 2026-09-03
Applied Materials, Inc. (AMAT) is trading at $435.91, down 0.58% today (as of September 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $640.31 (46.9% upside).
- Volatility remains elevated (33.65% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (24.80% YoY) alongside significant competitive pressures.
AMAT Stock Analysis: Key Metrics & Valuation (September 2026)
Concise, actionable data for investors
Applied Materials, Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $364.49B
P/E Ratio
Forward P/E: 24.83
Revenue Growth
Year over Year
Analyst Target
+46.9% upside potential
Key Investor Questions About AMAT
What investors need to know before buying
Based on current market data, AMAT presents a oversold technical setup with caution warranted fundamentals.
- Technicals say: Oversold (RSI 26.97)
- Fundamentals say: Caution warranted (high leverage concerns)
AMAT's growth trajectory depends on its ability to expand within the Semiconductor Equipment & Materials sector while managing margin pressures.
- Future growth will depend on performance in core Semiconductor Equipment & Materials operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for AMAT investors include debt exposure and competitive dynamics in the Semiconductor Equipment & Materials industry.
- $7.35B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Semiconductor Equipment & Materials.
52-Week Trading Range
Over the past year, AMAT stock traded between $154.47 and $739.67—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 33.65% annualized volatility and β=2.04, the stock exhibits high sensitivity to market moves—making AMAT suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
High institutional backing, but elevated short interest signals a potential battleground stock.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
Can Applied Materials (AMAT) Still Look Cheap After A 237% Run?
Applied Materials stock has delivered very strong gains for long term holders over the past five years, yet its recent pullback and mixed valuation score leave investors weighing how much upside may still be priced in. With the share price resetting after a sharp run, the key question is how the current level lines up with the broader valuation checks. Applied Materials has returned 236.5% over the past five years, which puts recent weakness into context and raises the bar for what counts as...
Why Did Applied Materials Stock Nearly Triple On Single-Digit Trailing Revenue Growth?
Applied Materials (AMAT) stock has returned about 180% over the past year, against roughly a fifth for the S&P 500. Nothing in the trailing revenue looks like that. Revenue over the trailing twelve months grew 7.8%. What re-rated the shares was a forecast management raised twice between February and August, and the reason that forecast kept rising is the part worth knowing.
AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?
Applied Materials is benefiting from AI-driven semiconductor demand, with advanced packaging, DRAM and HBM fueling growth as fab investments accelerate globally.
SEMI’s CEO Has Watched Four Decades of Chip Cycles. He Says This One Only Goes Up.
A semiconductor industry veteran who survived decades of brutal boom-and-bust cycles is calling an end to that era forever, but buried inside his optimism sits a warning about memory capacity that quietly cuts against the very stocks his words are lifting.
Applied Materials Just Dropped 14% in a Month. Sell Now, or Buy More?
Applied Materials just posted record revenue and raised its guidance, yet the stock keeps falling while its closest peers barely flinched. Understanding why that gap exists changes everything about what you should do next.
Should You Buy, Sell or Hold AMAT Stock After a 72.5% YTD Rise?
Applied Materials' AI exposure, broad portfolio and capacity expansion fuel growth, but its premium valuation raises the stakes.
Applied Materials’ stock buybacks: History & investor impact explained
Applied Materials has returned shareholder value through its stock repurchase program. Here’s how much the company has bought back in shares over the years.
Entegris, Penguin Solutions, Teradyne, Applied Materials, and KLA Corporation Stocks Trade Down, What You Need To Know
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Frequently Asked Questions
Common investor questions about Applied Materials, Inc.
Applied Materials, Inc. (AMAT) is currently trading at $435.91. The RSI (14-day) is at 27.0, indicating oversold territory (potentially undervalued). Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $640.31 implies 46.9% upside from current levels. Volatility is moderate at 33.6% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Applied Materials, Inc. (AMAT): The trailing P/E ratio is 37.61, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 24.83, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 0.97, below 1.0, which generally indicates the stock is undervalued relative to its growth rate. Price-to-Book is 13.50. Price-to-Sales is 11.22. Valuation should be compared to Semiconductor Equipment & Materials industry peers for context, as different sectors trade at different multiples.
Based on 35 analysts covering AMAT, the consensus price target is $640.31. This represents a 46.9% upside from the current price of $435.91. The range spans from a low target of $358.00 to a high target of $900.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Yes, Applied Materials, Inc. (AMAT) pays a dividend with a current yield of approximately 49.00%. The annualized dividend rate is $1.98 per share. The payout ratio is 16.5%, which is conservative and suggests the dividend is well-covered by earnings with room for future increases. The most recent ex-dividend date was 2026-08-20T00:00:00.000Z.
Key risks for Applied Materials, Inc. (AMAT) investors include: 1. Moderate volatility (33.6% annualized)—price swings are notable. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Semiconductor Equipment & Materials sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Applied Materials, Inc.'s (AMAT) current debt and financial health profile: Total debt stands at $7.35B. The debt-to-equity ratio is 28.67, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 2.42, indicating strong short-term liquidity. The quick ratio is 1.63. The company holds $9.23B in cash and equivalents. Free cash flow is positive at $3.08B, providing a cushion for debt servicing and shareholder returns.