NASDAQInformation TechnologySemiconductor Equipment & MaterialsSnapshot 2026-07-31
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Create your account →Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Semiconductor Materials & Equipment is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is slowing — up about 3% over the past year and decelerating.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, earnings delivery, margins, the balance sheet.
View ManagementExpectations look high — the market is pricing in about 71% growth a year, above the roughly 37% analysts expect, leaving little room for error.
View ValuationThis stock is volatile — it swings about 3% on a typical day and fell roughly 40% in its worst 12-month stretch.
View RiskApplied Materials aims to grow its semiconductor equipment business by 20% in 2026. Recent financial performance has been strong, with revenue growing 11% year over year in Q2 FY2026. It trades at 51× P/E, below the peer median of 56×, but the market expects more growth than forecast. A specific risk is the potential for a guidance cut, with a 10% chance of missing estimates. Peer multiples imply a price about 70% below where it trades. Our read remains intact.
Trailing returns as of 2026-07-31. AMAT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 40 analysts currently covering AMAT (as of Jul 2026).
Based on 22 Wall Street analysts offering 12-month price targets for AMAT in the last 4 months.
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-08-01. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Semiconductor Materials & Equipment — fair value, gap to price, and forward P/E.
Advances: Grow semiconductor equipment business by 20% in 2026
Increased spending aligns with growth in semiconductor equipment.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-31. EPS is implied from price ÷ P/E. Not investment advice.
Current $507.67
The last 12 months of price, then the range of analyst 12-month targets from today’s $507.67.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Focus on energy-efficient AI computing
Longer AI investment supports energy-efficient computing focus.
Advances: Grow semiconductor equipment business by 20% in 2026
CEO's outlook supports growth objective.
Advances: Grow semiconductor equipment business by 20% in 2026
Price target increase aligns with growth expectations.
Advances: Grow semiconductor equipment business by 20% in 2026
Signals positive long-term outlook for chip market.
Advances: Grow semiconductor equipment business by 20% in 2026
CEO's signal supports growth in semiconductor equipment business.
Advances: Focus on energy-efficient AI computing
SENZ aligns with focus on energy-efficient AI computing.
Advances: Grow semiconductor equipment business by 20% in 2026
Q1 growth supports 20% target for semiconductor equipment business.
