RankAlpha logo
Back to Rankings

AMAT

Applied MaterialsD
Nasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
View Chart
Current thesis
Primary-source evidence improved meaningfully after earnings: the quarter set records for revenue, EPS and margins, Q3 guidance stepped higher, and management now expects semiconductor equipment growth above 30% in calendar 2026.[#8-K-2026-05-14] Secondary post-print coverage also points to multiple target increases, including Needham to $530 and RBC to $520, which supports the idea that estimates were revised upward after the release.
Posture
Defensive
Lead driver
Value
What changed
8 setup hits (3d) with net bullish as of 2026-06-02.
What can break
A negative post-print stock reaction despite strong results suggests high expectations and limited tolerance for any guidance, margin or demand wobble in coming quarters.
Momentum
38
Value
57
Sentiment
46
Setup hits (3d)
8 · Net Bullish
AI TargetsBase $430.00 · Bull $500.00 · Bear $360.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-17 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $414.50
Why
Momentum38 · Δ7d +1.8
Value57 · Δ7d -0.4
Sentiment46 · Δ7d -2.9
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Lead driver: Value · See fundamentals
Momentum
38
34% active weight
Current posture
7d trendImproving
Δ7d
+1.8
Δ21d
+26.8
Value
57
32% active weight
Current posture
7d trendFlat
Δ7d
-0.4
Δ21d
-0.7
Sentiment
46
33% active weight
Current posture
7d trendSoftening
Δ7d
-2.9
Δ21d
+26.0
Why this grade

Composite grade D. Momentum 37.7 / Value 56.7 / Sentiment 46.4

Fundamentals (TTM)
As of 2026-06-01
Market Cap
$363.77B
Beta
1.69
Shares Out
792.94M
P/E (TTM)
32.8
P/S (TTM)
7.95
P/FCF (TTM)
52.26
Rev YoY
-3.5%
EPS YoY
+14.0%
Gross Margin
+48.7%
Op Margin
+29.2%
Net Debt
-$2.02B
Current Ratio
2.61
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology