Applied Materials ($115.44) beats fiscal Q1 earnings expectations
Applied Materials posted fiscal first quarter earnings that surpassed analysts’ expectations.
The chip equipment maker’s adjusted earnings came in at $2.03 a share for the quarter ending January, well above the consensus expectation of $1.93 (per FactSet poll) . Revenue rose +7% year-over-year to $6.74 billion, vs. analysts’ expectations of $6.7 billion.
Applied Material’s forecast range for current quarter revenue has a midpoint of $6.4 billion, compared with the consensus of $6.3 billion.
The company experienced solid growth in the U.S., Europe, Taiwan, Korea and Southeast Asia, However, it faced contraction in sales from China and Japan.
Applied Materials’ Semiconductor Systems ( 77% of its net sales) rose +13% year-over-year, on strength in ICAPS . Applied Global Services (20% of net sales) were up +4%. However, sales from Display and Adjacent Markets (3% of net sales) fell -54% vs. the year-ago quarter.
The company indicated that it is experiencing order cancellations from memory chip customers, and also consumer demand weakness in computers and smartphones in the current macro environment. However, its long-term outlook for the semiconductor industry remains “highly positive”.
AMAT sees MACD Histogram just turned negative
AMAT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on March 03, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for AMAT moved out of overbought territory on February 26, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on March 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on AMAT as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMAT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMAT advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .
AMAT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 253 cases where AMAT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. AMAT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (11.862) is normal, around the industry mean (9.668). P/E Ratio (33.307) is within average values for comparable stocks, (280.192). Projected Growth (PEG Ratio) (1.559) is also within normal values, averaging (1.941). Dividend Yield (0.006) settles around the average of (0.009) among similar stocks. P/S Ratio (9.242) is also within normal values, averaging (38.875).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock better than average.
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General Information
a manufacturer of equipment and software for the semiconductor industries
Industry ElectronicProductionEquipment
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