AMATApplied Materials, Inc.
- Next report
- Nov 12
- Thursday, today · after the market closes
- EPS expected
- $4.06
- quarter ending Oct 31, 2026
- Last result
- $2.48Missed
- vs $2.90 expected on Aug 13
- Stock move on it
- −5.12%
- one session
- Price
- $380.33
- −3.73% today · $347B cap
Past and upcoming reports
2
| Nov 12, 2026 | Oct 31, 2026 | After the market closes | $4.06 | not yet | |
| Aug 13, 2026 | Jul 31, 2026 | Time not given | $2.90 | Missed$2.48 | −5.12% |
Pre-earnings read
We have a note ready for the Nov 12, 2026 report: what we expect it to earn per share, how the stock may react and what to watch. It is part of the full report, which a free account gets on three stocks you pick and Pro gets on every stock. See both plans
After the report
Aug 13, 2026 report
AMAT’s 26.6% EPS miss triggered a 5.13% selloff despite long-term growth support
Applied Materials reported $2.48 EPS for the quarter ended July 31, 2026, versus $3.38 estimated, a $0.90 miss. Shares fell 5.13% to $507.11 on 12.5 million shares, while specific forward guidance was not provided in the payload. The setup shifted toward execution risk: AMAT retains 34.85% expected next-year EPS growth and a 30.13% operating margin, but trades at 43.74x trailing earnings and remains exposed to slower systems shipments and estimate reductions.
Reported against expected
MissedReported EPS was $2.48 versus $3.38 estimated on August 13, a $0.90 miss equal to -26.63%.
Guidance
Specific numerical guidance was unknown. the available forward narrative emphasized outlook revisions and risk from slower systems shipments.
How the stock reacted
Shares declined 5.13% to $507.11 on August 14, from a $534.54 prior close, with 12.5 million shares traded.
What changed
EPS fell $0.90 below consensus, with shares declining 5.13% to $507.11 after the August 13 report.
What the price now assumes
The selloff and 43.74x P/E indicate reduced tolerance for execution risk despite 34.85% expected next-year EPS growth.
What it means for the business
Maintain a cautious bias. upgrade only if systems shipments improve and forward profit estimates stop being revised downward.
The next one to three months, as we saw it then
Better case30%
The miss proves temporary if systems shipments recover and analysts preserve the 34.85% next-year EPS-growth outlook.
Base case45%
AMAT remains profitable and financially sound, but the $2.48 EPS miss keeps valuation and estimate-revision risk unresolved.
Worse case25%
Slower systems shipments trigger estimate cuts, making the 43.74x P/E harder to sustain after the 26.63% EPS miss.
If you hold it
Hold unless forward outlook revisions cut the 34.85% next-year EPS-growth expectation or shipment weakness pressures the 30.13% operating margin.
If you are watching
Add only if forward estimates stabilize or rise alongside improving systems shipments. do not trade if shipment trends remain unknown and estimates continue falling.
Scenario odds are a judgement, not measured.