Stock AnalizApplied Materials (AMAT) earnings for the quarter ended October 2026: EPS beats estimates
Applied Materials reported results for the quarter ended October 2026 on November 12, 2026. Adjusted earnings per share came in at $4.16 against the analysts’ average forecast of $4.05, a beat of 2.6%.
Revenue for the quarter was $10.41 billion, up 53.1% from $6.80 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 6.2% on the first trading day after the report.
The last four quarters
Applied Materials has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Oct 2026 | $4.16 | $4.05 | +2.6% | +53% | −6.2% |
| Jul 2026 | $3.50 | $3.39 | +3.1% | +25% | −7.5% |
| Apr 2026 | $2.86 | $2.69 | +6.5% | +11% | +0.0% |
| Oct 2025 | $2.17 | $2.09 | +3.6% | −3% | −2.1% |
What comes next
Analysts expect EPS of $4.36 for the next quarter on average and $19.19 for the fiscal year ending October 31, 2027.
The average analyst price target is $566.14, 53% above the current price of $370.50.
Valuation and score
Applied Materials scores 3.2 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 29.3, and its intrinsic value under moderate assumptions is about 81% above the current market value. Full Applied Materials analysis with 10 years of financials
Frequently asked questions
What was Applied Materials’s EPS for the quarter ended October 2026?
$4.16 adjusted per share, against an analyst consensus of $4.05.
How much revenue did Applied Materials report?
$10.41 billion, up 53.1% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.