Applied Materials Guides Q1 Revenue to ~$11.1B After Record Q4
AMAT sits 89% above its 52-week low of $203.4.
Summary
Applied Materials guided fiscal Q1 2027 revenue to about $11.1B with EPS of $4.35, extending the record Q4 it reported November 12 — revenue of $10.41B, up 53%, and adjusted EPS of $4.16, up 92%, both ahead of estimates. The company also opened its Silicon Valley EPIC Center for process and equipment R&D, now with 15 partners after adding Intel, KIOXIA, Besi and UCLA Samueli, and introduced the VeritySEM 20 e-beam metrology system aimed at high-NA EUV patterning. It repurchased $2B of stock in the quarter, its largest quarterly buyback in more than eight years, and is raising its Besi stake to roughly 20% via an accelerated share purchase. The buyback and the guidance are the two items that matter for the near term; the EPIC partnerships and VeritySEM are slower-burn R&D and product news. HSBC's Buy rating on the post-correction pullback adds a supportive analyst note but is not itself a trading event.
At the time of this announcement, AMAT was trading at $383.58 on NASDAQ in the Technology sector, with a market capitalization of approximately $302.3B. The 52-week trading range was $203.40 to $739.67. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.