Will AMAT stock recover after today's 3.6% drop?

AMAT is down 29.8% from its 3-month high and 47.3% from its 52-week high. Whether it climbs back is something nobody can know, but the stock's own history offers useful context.

Below are AMAT's past drops of 20% or more, how deep each one went and how long the comeback took.

The chart below tracks AMAT's daily closing price from May 19, 2026 to Nov. 12, 2026. Over that stretch it is down 6.2%, from $405.97 to $380.95, with a high of $722.23 on June 30, 2026 and a low of $319.25 on Nov. 5, 2026. Each red circle marks a week in which company insiders sold shares on the open market (8 weeks in this period; bigger circles mean more money). There are no green diamonds: no insider bought on the open market in this window.

AMAT's past 20%+ drops and recoveries

The table below shows AMAT's past 20%+ drops and recoveries.

Also worth knowing about AMAT

Live AMAT data, updated every 30 minutes: AMAT insider trades, ownership and filings →

In Applied Materials Inc's own words

“Applied Materials delivered record results in fiscal 2026, and we are on track to grow our Semiconductor Systems business more than 40 percent in our calendar 2026”

— Gary Dickerson, President and CEO · SEC filing

From the company's earnings release filed with the SEC on 2026-11-12 (Form 8-K).

What would change the picture for AMAT

These are the specific events and levels to watch. None of them is a prediction.

• Insider buying: none on the open market in 90 days. A purchase by an executive or director would be the first in at least three months, and it would show up on SEC Form 4 within two business days.
• Analyst ratings: the average score moved from 4.11 to 4.13 over three months (on a scale where 5 is strong buy and 1 is strong sell). A run of downgrades after earnings usually shows up here first.
• Price levels: a close above $722.23 would be a new 52-week high, 89.6% above the latest close of $380.95; a close below $219.45 would be a new 52-week low, 42.4% below it.
• Growth: revenue rose 7.8% year over year in the quarter ending Jul 2026 (trend: accelerating). At a P/E of 32.9, a slowdown would matter more than at a lower multiple.
• New shares: dilution risk is low now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

AMAT history: what happened after similar moves

Since 2023, AMAT fell 14.7% or more in a month 6 times (separate episodes, not counting the current one). Three months later it was higher in 3 of 5 cases; the median change was +3.7%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

Do analysts think AMAT is a buy?

39 of the 45 analysts who cover Applied Materials Inc rate it a buy or strong buy, for a consensus of Buy. Ratings describe analysts' views, not a guarantee, and they change after earnings. More →

Are AMAT insiders buying or selling?

Insiders sold $4.5 million of AMAT on the open market in 90 days and bought none. Sales are often routine (taxes, diversification, pre-planned plans); purchases with their own money are the stronger signal.

Is Applied Materials Inc issuing new shares?

Dilution risk reads low (0/100); the share count fell 0.4% in a year.

Who is the largest shareholder of AMAT?

Among investment managers that file Form 13F, West Michigan Advisors, LLC reported the largest AMAT position ($2.5 million). 1 institutions reported holding AMAT for Q2 2026.

Does AMAT pay a dividend?

Yes: $1.98 per share over the last 12 months, about 0.52% at today's price.

Is Applied Materials Inc profitable?

Yes. Applied Materials Inc had $30.8 billion of revenue over the last 12 months with a net margin of 30.1% and a P/E of 32.9.

Dates to watch for AMAT

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Form 13F

A quarterly SEC report listing the U.S. stock holdings of every investment manager with more than $100 million. It is due 45 days after each quarter ends, so it shows positions with a delay.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

Form 8-K

The SEC form for material events between quarterly reports: earnings releases, deals, executive changes, stock offerings and similar news.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices through Nov. 12, 2026; changes use 5, 21 and 63 trading days; the 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
• Analyst ratings: counts of current ratings from 45 analysts, compared with three months ago.
• Earnings dates and estimates: a market-data calendar; reported vs expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts from the company's SEC filings (XBRL data, latest quarter Jul 2026); P/E and price/sales use the latest close.
• Fund ownership: SEC Form 13F filings for Q2 2026.
• Dilution: share-count changes and offering-related SEC filings (shelf registrations, prospectus supplements, convertible notes) over two years, scored 0-100.
• History: 21-trading-day moves over about three years of daily closes, counted once per episode.