Applied Materials, Inc.

(NASDAQ Global Select)
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Bullish +75

Applied Materials (AMAT) Just Overtook the 20-Day Moving Average

AI-generated analysis

📈 Applied Materials (AMAT) is part of the Zacks Electronics - Semiconductors industry and has a history of exceeding earnings estimates.

💰 The company averaged a 5.76% surprise over its past two quarters, with the most recent quarter showing an 8.68% beat.

📊 For the last quarter, AMAT reported $2.38 per share against a consensus estimate of $2.19 per share.

📈 In the previous quarter, it produced $2.17 per share versus an estimated $2.11 per share for a 2.84% surprise.

🤖 Recent analyst estimates for Applied Materials have been revised higher following its earnings history.

🔮 The Zacks Earnings ESP metric is currently positive at +1.53%, indicating analysts are bullish on near-term potential.

📋 AMAT holds a Zacks Rank of #2 (Buy), which combined with a positive Earnings ESP suggests a high likelihood of another beat.

⏳ Research indicates stocks with both a positive Earnings ESP and a Zacks Rank #3 or better produce a positive surprise nearly 70% of the time.

📅 The next earnings report for Applied Materials is expected to be released on May 14, 2026.

🧠 The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate to reflect the latest analyst information.

⚠️ Investors should note that a negative Earnings ESP does not guarantee an earnings miss but reduces the predictive power of the metric.

📉 Share price gains are often driven by more than just beating consensus EPS estimates, such as stable performance after misses.

💡 Analysts recommend utilizing Zacks' Earnings ESP Filter to uncover top stocks for potential buy or sell decisions before quarterly releases.

📧 Readers can download a free report titled "7 Best Stocks for the Next 30 Days" from Zacks Investment Research.

Bullish Signals
  • Applied Materials has an impressive track record of beating earnings estimates, with an average surprise of 5.76% over the past two quarters.
  • The company's most recent quarter saw earnings of $2.38 per share versus expectations of $2.19, representing a significant 8.68% positive surprise.
  • Analysts have increased their estimates, resulting in a positive Earnings ESP of +1.53%, which indicates growing bullish sentiment on near-term earnings potential.
  • The stock currently holds a Zacks Rank #2 (Buy), a strong buy rating that combined with the positive Earnings ESP suggests a high probability of another upcoming earnings beat.
Risk Factors
  • The article is overwhelmingly positive and focuses on earnings beats, rising estimates, and buy ratings; there are no explicit negative financial metrics, risks, or concerning data points provided in the text to extract.
Full Analysis
Applied Materials Inc. (AMAT) has recently moved above its 20-day moving average, a technical development that often signals sustained upward momentum. The company belongs to the Zacks Electronics - Semiconductors industry and is noted for a strong history of exceeding earnings expectations, with an average surprise of 5.76% over the last two quarters. For the most recent quarter, AMAT posted $2.38 per share in earnings against a consensus estimate of $2.19, representing an 8.68% positive surprise. In the prior quarter, the company reported $2.17 per share versus a forecast of $2.11, a 2.84% beat. Looking ahead, analysts have revised their expectations upward for Applied Materials. The Zacks Earnings ESP, which measures analyst sentiment by comparing accurate pre-release estimates to consensus figures, currently stands at +1.53%. This positive reading suggests that the most recent data available to analysts is strengthening the case for another earnings beat when the next report is released on May 14, 2026. Zacks Investment Research highlights that stocks exhibiting a positive Earnings ESP combined with a Zacks Rank of #3 (Hold) or better have historically produced a positive surprise nearly 70% of the time. Applied Materials specifically holds a Zacks Rank of #2 (Buy), which places it in a category where the combination of a positive Earnings ESP and a top-tier rank indicates a high probability of an upcoming earnings beat, potentially occurring around seven times out of ten based on historical data. The article suggests that while earnings beats are not the sole driver of share price gains, AMAT's current metrics offer a favorable outlook for investors ahead of its next quarterly release.