Added to YB: 2026-02-16
Pitch date: 2026-02-13
AMAT [neutral]
Applied Materials, Inc.
+5.5%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$293.1B
Pitch Price
$350.56
Price Target
N/A
Dividend
0.50%
EV/EBITDA
32.76
P/E
37.83
EV/Sales
10.32
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Applied Materials Just Confirmed the Packaging Thesis
AMAT (earnings): Q1 beat w/ $7.01B rev (+2% vs est) & $2.38 EPS (+7.7%). Record DRAM rev (34% of Semi Systems, +16% YoY) driven by HBM packaging intensity. Launched 3 GAA systems for 2nm transition. Q2 guide $7.65B (+9% seq, well above Street). Mgmt sees 20%+ semi equip growth CY26 w/ multi-year visibility into fab builds. China normalizing (30% vs 45% peak). Equipment intensity thesis playing out.
Read full article (7 min)