Applied Materials Inc expected to post earnings of $3.39 a share - Earnings Preview

Applied Materials

11/08/2026 21:36

Applied Materials Inc AMAT.OQ AMAT.O is expected to  show a rise in quarterly revenue when it reports  results on August 13 for the period ending July 31 2026
The Santa Clara California-based  company is expected to report a 23.1% increase in revenue to $8.991 billion from $7.3 billion a year ago, according to the mean estimate from 26 analysts, based on LSEG data.The company's guidance on May 14 2026, for the period ended July 31, was for revenue between $8.45 billion and $9.45 billion.
​LSEG's mean analyst estimate for Applied Materials Inc is for earnings of $3.39 per share. The company's EPS guidance on May 14 2026, for the period ended July 31, was between $3.16 and $3.56 
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 34 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."  
The mean earnings estimate of analysts was unchanged in the last three months. ​
Wall Street's median 12-month price target for Applied Materials Inc is $650.00, about 24.5% above its last closing price of $522.12
The company's guidance on May 14 2026 for the period ended July 31 was for gross profit margin of USD50.1%.
Previous quarterly performance (using preferred earnings measure in US dollars). ​
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE 
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Apr. 30 2026
2.71
2.66
2.86
Beat
7.3
Jan. 31 2026
2.22
2.20
2.38
Beat
8
Oct. 31 2025
2.10
2.09
2.17
Beat
3.7​
Jul. 31 2025
2.37
2.36
2.48
Beat
5.1
​​Apr. 30 2025
2.33
2.31
2.39
Beat
3.3
Jan. 31 2025
2.29
2.29
2.38
Beat
4.2​
Oct. 31 2024
2.20
2.19
2.32
Beat
5.9
Jul. 31 2024
2.03
2.02
2.12
Beat
4.8
This summary was machine generated August 11 at 20:36 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)