AMAT · News · 20261021N
Guidance / Outlook
APPLIED MATERIALS INC /DE · 2026-10-21 · Importance 75 · Surprise 60 · In source text
Applied Materials unveiled a 2030 plan targeting more than $12 billion in service revenue. The plan targets a 54% non-GAAP gross margin. Management’s Q4 results on November 12 will provide the next reported checkpoint for progress toward the 2030 service-revenue and margin targets. Potential changes to China export rules could affect revenue previously generated from China.
Key facts
- APPLIED MATERIALS INC /DE is targeting over $12 billion in service revenue by 2030. source
- APPLIED MATERIALS INC /DE is targeting a 54% non-GAAP gross margin by 2030. source
- APPLIED MATERIALS INC /DE unveiled its 2030 plan. source
- APPLIED MATERIALS INC /DE's Q4 results are scheduled for November 12. source
- APPLIED MATERIALS INC /DE stock slid 2%. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | APPLIED MATERIALS INC /DE is targeting over $12 billion in service revenue by 2030. |
| margin | positive | probable | — | APPLIED MATERIALS INC /DE is targeting a 54% non-GAAP gross margin by 2030. |