Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Applied Materials's shares outstanding for the quarter that ended in Apr. 2026 was 794 Mil.
Applied Materials's quarterly shares outstanding
increased
from Jan. 2026 (794 Mil) to Apr. 2026 (794 Mil).
It means Applied Materialsissued new shares from Jan. 2026 to Apr. 2026 .
Applied Materials's annual shares outstanding
declined
from Oct. 2024 (818 Mil) to Oct. 2025 (793 Mil).
It means Applied Materialsbought back shares from Oct. 2024 to Oct. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Applied Materials Shares Outstanding (EOP) Related Terms
Applied Materials Shares Outstanding (EOP) Historical Data
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The historical data trend for Applied Materials's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:AMAT vs LRCX, KLAC, TER: Shares Outstanding (EOP) Comparison
For the Semiconductor Equipment & Materials subindustry, Applied Materials's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Applied Materials Shares Outstanding (EOP) vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Applied Materials's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Applied Materials's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 794 Mil mean?
Applied Materials (XSWX:AMAT) has a Shares Outstanding (EOP) of 794 Mil as of Apr. 2026. The total shares a company has outstanding, at period-end. View historical data on Applied Materials and its competitors.
Is Applied Materials' Shares Outstanding (EOP) too high?
Applied Materials' current Shares Outstanding (EOP) is 794 Mil. Overall, Applied Materials has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Shares Outstanding (EOP) compare to LRCX and KLAC?
Applied Materials' Shares Outstanding (EOP) of 794 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Semiconductors company?
A good Shares Outstanding (EOP) depends on the Semiconductors industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Applied Materials and its competitors. Applied Materials's current Shares Outstanding (EOP) is 794 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XSWX:AMAT) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF178.31, compared to a current price of CHF513.28 — trading 187.9% above its estimated fair value. The current Shares Outstanding (EOP) is 794 Mil. Applied Materials' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Applied Materials (XSWX:AMAT), the current Shares Outstanding (EOP) is 794 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Applied Materials (XSWX:AMAT) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued.
The current stock price of CHF513.28 is trading 187.9% above its estimated GF Value™ of CHF178.31.
GuruFocus considers Applied Materials to be Significantly Overvalued.
Key valuation signals for XSWX:AMAT:
Shares Outstanding (EOP): 794 Mil
GF Value™: CHF178.31 vs. price of CHF513.28 (187.9% above fair value)
No single metric tells the full story. See the XSWX:AMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
87GF Score
Get the complete analysis for XSWX:AMAT
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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