Applied Materials, Inc (AMAT) Fair Value & Analysis
Technology · US · Market cap $398B
Applied Materials, Inc
AMAT · US
Fair value as of: Jun 24, 2026
From 26 valuation models · updated 8 days ago
Share price +23.1% over the past month.
Price vs Fair Value (12 months)
12‑month range $151.13 – $702.43 · fair‑value band $88.94 – $202.58 · the $585.88 price screens above the $143.08 fair value. As of Jun 24, 2026.
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Applied Materials, Inc (AMAT) currently trades at $585.88, while our model-based Fair Value estimate is $143.08 — implying the stock looks roughly 75.6% overvalued today. We read business quality at 77/100 (high quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).
Over the trailing twelve months, Applied Materials, Inc generated revenue of $29.0B at a net margin of 29.3%. Revenue grew 11.4% year over year. It earns a return on equity of 39.7%. The balance sheet holds a net cash position of $191M. Fundamentals as of Jun 24, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.
About the company
Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments. The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps, including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment offers integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, and 200 millimeter and other equipment and factory automation software for semiconductor and other products. It serves manufacturers of semiconductor wafers and chips, and other electronic devices. Applied Materials, Inc. was incorporated in 1967 and …
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Applied Materials, Inc reported revenue of $28.4B in FY2025 versus $23.1B in FY2021, a compound +5.3%/yr. Reported net income was $7.0B in FY2025, compounding +4.4%/yr from FY2021.
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Recent news
- Applied Materials Stock Hits Record High After Price-Target Hikes
- Alphabet Adds $168 Billion on Dow Debut as Indexes Shake Off Volatility
- B. Riley Raises PT on Ichor Holdings (ICHR), Keeps a Buy Rating
- Applied Materials (AMAT) Joins Russell Top 50 After Leaving Value Indexes
External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.