Applied Materials, Inc. (AMAT) fair value analysis

S&P 500 & Nasdaq · Updated 2026-09-07

Applied Materials, Inc. is a manufacturer of equipment and services used in the fabrication of semiconductor devices and other electronic products. The company operates globally, serving customers in the semiconductor industry across North America, Europe, Asia, and other regions worldwide.

Forward Fair Value verdict

Overvalued

Based on TickrTrends' weekly Forward Fair Value model, AMAT is trading at more than a 25% premium to estimated fair value.

AMAT currently ranks #173 of 199 Technology stocks by discount to Forward Fair Value. It has screened as Overvalued for 3 consecutive weekly runs.

Last price: $454.71
Sector: Technology
12-month range: $233.10–$518.21

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: A
Leverage: Low
Margin trend: Expanding
Revenue growth: Modest
RSI zone: Neutral
50/200-day trend: Mixed
52-week position: The top quarter of its range

What our data shows for AMAT

Our model validated 17 trailing price-to-earnings windows for AMAT, built from quarterly earnings records.
Shares are trading in the upper third of their 12-month price range of $233.10–$518.21.
The 14-day relative strength index sits at a neutral 36.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for AMAT
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent AMAT news

TickrTrends' derived news-sentiment signal for AMAT is currently leaning positive, computed from recent coverage.

Applied Materials, Inc. (AMAT) Presents at Citi's 2026 Global TMT Conference Transcript (seekingalpha.com, 2026-09-08)
Capex Rebound Powers Applied Materials’ (AMAT) Performance (finance.yahoo.com, 2026-09-08)
TickrTrends take: Applied Materials operates in the Technology sector, where capital expenditure cycles significantly influence equipment manufacturers' revenue streams and profitability. TickrTrends currently assesses AMAT as overvalued, which means investors focusing on valuation metrics may want to monitor whether the capex rebound translates into earnings growth sufficient to justify current price levels. A valuation-conscious reader should track whether AMAT's financial results from this capex cycle narrow or widen the gap between its market valuation and fundamental performance metrics.
Applied Materials Says AI Boom Is Driving Semiconductor Equipment Demand Higher (finance.yahoo.com, 2026-09-08)
TickrTrends take: Applied Materials operates in the Technology sector, which has experienced significant valuation pressures as the market reassesses growth expectations across the industry. The company's assertion that AI-driven demand is lifting semiconductor equipment sales represents a growth narrative that investors should evaluate against TickrTrends' current assessment that the stock is overvalued. Valuation-focused readers should monitor whether the company can sustain margin expansion and capital efficiency improvements at levels that justify current pricing, given that growth statements alone do not resolve the overvaluation designation.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — # AMAT Weekly Indicator Summary Applied Materials Inc operates in the Technology sector and currently carries an overvalued valuation verdict. This week, the company's DCF cross-check band shifted from an overvalued reading to none, representing a change in the supplementary valuation metric. The primary valuation verdict remains overvalued.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is AMAT stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), AMAT is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.

What is AMAT's TickrTrends verdict?

AMAT's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.

How does AMAT compare to other Technology stocks?

AMAT ranks #173 of 199 Technology stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is AMAT overbought or oversold?

AMAT's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Technology fair-value coverage →

Head-to-head comparisons

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