Equipment Intensity | Discover how increasing wafer fab equipment requirements per production unit create structural tailwinds as manufacturers adopt complex process technologies and three-dimensional chip architectures |
Price Target Range | Multiple analysts established $400 price targets following January 2026 upgrade from $180, applying 26x multiple on calendar year 2028 earnings estimates |
Earnings Trajectory | Analysts project fiscal year 2026 EPS at $9.70 advancing to $14.42 in fiscal year 2027, reflecting anticipated acceleration in profitability driven by robust sector performance |
Market Leadership | Applied Materials commands approximately 20% of the wafer fab equipment market, leveraging scale advantages and diversified revenue streams across semiconductor manufacturing processes |
Metrics to compare | AMAT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipAMATPeersSector | |
|---|---|---|---|---|
P/E Ratio | 49.4x | 124.2x | 12.4x | |
PEG Ratio | 1.68 | −0.60 | 0.01 | |
Price / Book | 17.6x | 9.5x | 2.4x | |
Price / LTM Sales | 14.5x | 17.5x | 2.3x | |
Upside (Analyst Target) | 22.2% | 20.5% | 37.3% | |
Fair Value Upside | Unlock | −14.4% | 9.6% | Unlock |
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 is headquartered in Santa Clara, California.