Applied Materials (CHIX:AP2D) Shares Outstanding (Basic Average): 794 Mil (As of Apr. 2026)


CHIX:AP2D Applied Materials Inc CHIX:AP2D
89 GF Score
Price €549.00
GF Value €203.73
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Applied Materials Shares Outstanding (Basic Average)?

Applied Materials CHIX:AP2D 89 Shares Outstanding (Basic Average) is 794 Mil as of Apr. 2026. GuruFocus rates CHIX:AP2D with a GF Score™ of 89/100 and a GF Value™ of €203.73 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Applied Materials's average basic shares outstanding for the quarter that ended in Apr. 2026 was 794 Mil.


Applied Materials  (CHIX:AP2d) Shares Outstanding (Basic Average) Explanation

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.


Be Aware

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.


Applied Materials Shares Outstanding (Basic Average) Related Terms


Applied Materials Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Applied Materials's Shares Outstanding (Basic Average) 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.

Applied Materials Shares Outstanding (Basic Average) Chart

Applied Materials Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 910.00 871.00 840.00 827.00 804.00

Applied Materials Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 809.00 798.00 795.00 793.00 794.00
CHIX:AP2D
89GF Score
Applied Materials Inc CHIX:AP2D
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applied Materials Shares Outstanding (Basic Average) Calculation

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.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 794 Mil mean?
Applied Materials (CHIX:AP2D) has a Shares Outstanding (Basic Average) of 794 Mil as of Apr. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Applied Materials and its competitors.
Is Applied Materials' Shares Outstanding (Basic Average) too high?
Applied Materials' current Shares Outstanding (Basic Average) is 794 Mil. Overall, Applied Materials has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Shares Outstanding (Basic Average) compare to LRCX and KLAC?
Applied Materials' Shares Outstanding (Basic Average) 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 (Basic Average) for a Semiconductors company?
A good Shares Outstanding (Basic Average) depends on the Semiconductors industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Applied Materials and its competitors. Applied Materials's current Shares Outstanding (Basic Average) 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 (CHIX:AP2D) is currently considered Significantly Overvalued. The stock's GF Value™ is €203.73, compared to a current price of €549.00 — trading 169.5% above its estimated fair value. The current Shares Outstanding (Basic Average) is 794 Mil. Applied Materials' overall GF Score™ is 89/100 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 (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Applied Materials (CHIX:AP2D), the current Shares Outstanding (Basic Average) 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 (CHIX:AP2D) Overvalued in 2026?

Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued. The current stock price of €549.00 is trading 169.5% above its estimated GF Value™ of €203.73. GuruFocus considers Applied Materials to be Significantly Overvalued.

Key valuation signals for CHIX:AP2D:

  • Shares Outstanding (Basic Average): 794 Mil
  • GF Value™: €203.73 vs. price of €549.00 (169.5% above fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the CHIX:AP2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Applied Materials Business Description

Address 3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
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.
89GF Score

Get the complete analysis for CHIX:AP2D

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€549.00
Price
€203.73
GF Value