Prediction: Applied Materials Books Its First $10 Billion Quarter This Fall
The company's own forecast leaves room to miss the milestone. I don't expect that to happen.
Applied Materials (AMAT) is on track to achieve its first $10 billion quarter in revenue this fall, according to management's guidance for the fiscal fourth quarter of 2026, which runs through late October. The company's midpoint forecast for fourth-quarter revenue stands at $10.25 billion, with a range of $9.75 billion to $10.75 billion, marking a 51% increase from the previous year.
Despite this optimistic outlook, shares of Applied Materials have declined approximately 38% from their 52-week high of $739.67, indicating some investor skepticism about the sustainability of such growth.
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