Applied Materials, Inc. (NASDAQ:AMAT) will release its third quarter earnings report after the closing bell on Thursday, Aug. 13.

Analysts expect the Santa Clara, California-based company to report quarterly earnings of $3.39 per share, up from $2.48 per share in the year-ago period. The consensus estimate for AMAT’s quarterly revenue is $9 billion. It reported $7.3 billion last year, according to Benzinga Pro.

On June 10, Applied Materials announced a $500 million manufacturing expansion at its Tampines facility in Singapore.

Applied Materials shares rose 4.3% to close at $548.15 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • William Blair analyst Sebastien Naji assumed the stock with a Market Perform rating on Aug. 11, 2026. This analyst has an accuracy rate of 76%.
  • UBS analyst Timothy Arcuri maintained a Buy rating and boosted the price target from $570 to $705 on July 15, 2026. This analyst has an accuracy rate of 89%.
  • Stifel analyst Brian Chin maintained a Buy rating and raised the price target from $530 to $650 on July 10, 2026. This analyst has an accuracy rate of 86%.
  • Needham analyst Charles Shi maintained a Buy rating and boosted the price target from $530 to $740 on July 10, 2026. This analyst has an accuracy rate of 83%.
  • TD Cowen analyst Krish Sankar maintained a Buy rating and boosted the price target from $525 to $700 on July 9, 2026. This analyst has an accuracy rate of 79%.

Considering buying AMAT stock? Here’s what analysts think:

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