Post-earnings recap
Reported
Thu, Aug 13, 2026
EPS actual
$3.50
EPS est.
$3.38
EPS surprise
+3.58%
1-day move
-2.48%
Applied Materials reported earnings that missed revenue expectations, which likely contributed to the stock's decline of 2.48%. The EPS figure was slightly better than expected, but the lack of revenue information may have raised concerns among investors. Overall, the market reaction suggests caution as investors await more clarity on the company's performance and future outlook.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.50 | $3.69 | +3.58% |
| Revenue | — | $9.6B | — |
No transcript is on record, and the analysis is based on numerical results only.
Applied Materials, Inc. (AMAT) is a leading provider of equipment and services for the semiconductor industry. The company plays a crucial role in the production of chips that power everything from smartphones to data centers, making it a key player in the technology sector, especially as demand for advanced technologies like AI and cloud computing continues to grow.
Last quarter
In Q2-2026, Applied Materials reported an EPS of $2.86, exceeding expectations by 6.56%. The stock reacted positively, gaining 0.90% the following day.
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+5.25%
Avg 1-day reaction
-0.65%
Analysts are generally optimistic about Applied Materials' upcoming earnings, expecting solid performance based on historical trends.
Bull case
If the company beats EPS expectations, it could signal strong demand in the semiconductor market, potentially driving the stock higher.
Bear case
Conversely, if results fall short of expectations, it could raise concerns about slowing growth in the semiconductor sector, leading to a negative market reaction.
Key metrics to watch
EPS
$3.69Earnings per share is a critical measure of profitability and is closely watched by investors.
Revenue
$9.6BTotal revenue indicates the company's sales performance and overall growth trajectory.
The print will turn on these.
Q1
Will Applied Materials achieve an EPS of $3.69 or higher?
This figure is crucial as it reflects the company's profitability and could influence investor sentiment significantly.
Q2
What are the revenue expectations for the semiconductor equipment market?
Understanding revenue growth will help gauge demand trends and the company's market position.
—
Est. EPS
$-0.57
Est. Rev
$220M
Impl. Move
±1.8%
Why consensus could be wrong
The Street may be underestimating the impact of recent technological advancements on semiconductor demand, which could lead to stronger-than-expected results.
Supporting evidence
Historical performance shows a consistent EPS beat rate of 100%, suggesting a potential for positive surprises.
Options pricing indicates a significant move, reflecting investor uncertainty that may not align with the company's actual performance.
Key risk
If revenue growth significantly outpaces expectations, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
The upcoming earnings report will clarify the company's growth trajectory amidst fluctuating demand in the semiconductor industry.
Bull confirmed if
Achieving an EPS of $3.69 or better with revenue exceeding $9.6B would confirm strong demand.
Bear confirmed if
An EPS below $3.28 or revenue under $9.0B would suggest weakening market conditions.
What the market is pricing for the move.
Implied Move
±11.48%
Historical Avg
±1.9%
The options market is pricing in a significant move following the earnings report, indicating heightened uncertainty among investors.
Options are pricing ±11.5% while AMAT has averaged ±1.9% over the last 8 prints — setup is pricing rich.
ATM IV
0.6%
30d HV
48.0%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$394,807.45
725 sh
1 insider
Net
$394,807.45
Net selling
Most Active Insiders· 1 open-market trade
$394,807.45
Net selling
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Applied Materials beats expectations, history suggests the stock could rise by about 0.30% on the following day, confirming strong demand.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors await further guidance.
Miss
A miss could lead to a decline, with historical patterns indicating an average drop of around 0.30% in such scenarios.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
6
4 buys·2 sells
Members
4
House only
Est. Notional
$6,006.00–$90,000.00
disclosed dollar ranges
Most Active Members
2 trades
The lines on the call that would change the story.
Recent Transactions
Oct 2, 2026 · @ $544.56
725 sh
$394,807.45
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
Mixed
2 trades
Net buying
1 trade
Net buying
1 trade
Net selling
Recent Transactions
Traded Sep 15, 2026 · disclosed Oct 7, 2026
$1,001.00–$15,000.00
Traded Aug 6, 2026 · disclosed Sep 14, 2026
$1,001.00–$15,000.00
Traded Jul 15, 2026 · disclosed Aug 10, 2026
$1,001.00–$15,000.00
Traded Jul 13, 2026 · disclosed Aug 27, 2026
$1,001.00–$15,000.00
Traded Jul 10, 2026 · disclosed Jul 17, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.