Applied Materials closed the most recent trading day at $540.04, up 2.03% and ahead of the S&P 500's 0.73% gain, while the Dow added 0.49% and the Nasdaq gained 1.19%. The chipmaking equipment maker is scheduled to release its earnings on November 12, 2026, with analysts projecting earnings of $4.06 per share, representing year-over-year growth of 87.1%, and revenue of $10.3 billion, a 51.4% escalation from the year-ago quarter. For the entire fiscal year, the Zacks Consensus Estimates project earnings of $12.79 per share and revenue of $34.25 billion, representing changes of +35.77% and +20.72%, respectively, from the prior year. Over the past month, the Zacks Consensus EPS estimate has risen 0.16%, and Applied Materials currently carries a Zacks Rank of #2 (Buy). The stock trades at a Forward P/E ratio of 41.39, a premium to its industry's average Forward P/E of 39.71, with a PEG ratio of 1.47 versus an industry average of 1.35.
Applied Materials IncEarnings preview projects 87.1% YoY EPS growth and 51.4% revenue growth, with a Zacks #2 (Buy) rank.
