Applied Materials stock sits 34.69 percent below USD 640.20 target

Published on 10/13/2026 at 16:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue rose 25.00 percent. Applied Materials stock costs EUR 423.85 on October 13, 2026, down 4.73 percent versus the Xetra close.

Analyst target and reporting date

The USD 640.20 consensus target leaves Applied Materials stock 34.69 percent above the Nasdaq price.
Third-quarter revenue rose 25.00 percent to USD 9.12 billion year over year.
Applied Materials stock costs EUR 423.85 at Lang & Schwarz on October 13, 2026 at 4:32 p.m. CEST, 4.73 percent below the Xetra close of October 12, 2026 and 35.74 percent below its 52-week high.
Applied Materials is scheduled to report its next earnings on November 12, 2026.

Aquarellmalerei eines Technologie-Campus mit Palmen in Kalifornien — Applied Materials Inc. (US0382221051) illustriert Aquarell-Ansicht eines kalifornischen Technologie-Campus mit Palmen und Bürogebäuden, Illustration mit AI erstellt.

Applied Materials stock sits 34.69 percent below the USD 640.20 consensus target cited by MarketBeat on October 12, 2026, based on the USD 475.31 Nasdaq quote. The euro quote was EUR 423.85 at Lang & Schwarz on October 13, 2026 at 4:32 p.m. CEST, 4.73 percent below the Xetra close of October 12, 2026.

Third-quarter revenue rose 25.00 percent

Applied Materials reported USD 9.12 billion in revenue for the third quarter ended July 26, 2026, up 25.00 percent from the year-earlier quarter, according to Simply Wall St. Net income reached USD 2.54 billion in the same period, an increase of 43.00 percent year over year.

Stock is 35.74 percent below high

The Nasdaq quote of USD 475.31 on October 13, 2026 stood within a 52-week range of USD 203.40 to USD 739.67. That places the stock 35.74 percent below the 52-week high, while the Lang & Schwarz price was EUR 423.85.

Valuation and November 12 date

Applied Materials had a market capitalization of USD 377.4 billion and a P/E ratio of 40.95 on October 13, 2026. Simply Wall St lists November 12, 2026 as the next earnings date.

Comparison with peers

Applied Materials (Nasdaq, USD): minus 4.73 percent, P/E 40.95, market capitalization USD 377.4 billion.
Lam Research (Nasdaq, USD): minus 2.61 percent, P/E 52.32, market capitalization USD 377.0 billion.
KLA Corporation (Nasdaq, USD): minus 1.96 percent, P/E 50.77, market capitalization USD 243.5 billion.

Trading position on October 13

The Xetra-linked euro quotation was EUR 423.85 at Lang & Schwarz on October 13, 2026 at 4:32 p.m. CEST, 4.73 percent below the Xetra close of EUR 444.90 on October 12, 2026. The Nasdaq price of USD 475.31 was 35.74 percent below the USD 739.67 52-week high.

The further course of trading is shown by the continuously updated real-time quote of Applied Materials stock.