Record Q4 Revenue and 30%+ 2027 WFE Demand Outlook, Yet Shares Slip 2.58%
AMAT sits 78% above its 52-week low of $203.4.
Summary
Applied Materials closed fiscal 2026 with record Q4 revenue of $10.41 billion, up 53% year over year, and adjusted EPS of $4.16, both ahead of estimates. The new information is the demand outlook: CEO Gary Dickerson expects wafer fabrication equipment demand to rise more than 30% in 2027, and major customers are placing orders earlier and sharing rolling eight-quarter forecasts, which lengthens visibility well beyond the current quarter. Q1 2027 revenue is guided to about $11.10 billion with EPS of $4.35. The company also repurchased $2 billion of stock in the quarter. Despite that, shares fell 2.58% to $371.11 in Friday morning trading on Nov. 13, a muted reaction that suggests the beat and guidance were largely priced in after the Nov. 12 release.
At the time of this announcement, AMAT was trading at $362.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $294B. 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.