Valuation models
price $390.09 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused256.55 – 341.05293.1433% overvaluedDCF · Perpetuity growth · 10y337.21 – 456.73388.86at modelDCF · EBITDA exit · 5y600.22 – 654.21626.5038% undervaluedDCF · EBITDA exit · 10y668.87 – 787.56725.3846% undervaluedP/E · peers329.70 – 536.17350.1011% overvaluedP/E · own history192.04 – 279.25222.4175% overvaluedPEG—320.3922% overvaluedEV/EBITDA · peers315.46 – 427.25380.303% overvaluedEV/Revenue · peers339.53 – 510.10404.774% undervaluedEarnings power value59.99 – 79.2268.24472% overvaluedDividend discount26.13 – 47.7535.58996% overvaluedWall St. consensus target—600.0035% belowCost of capital (WACC)—10.56%—
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. How the headline model is chosen.
Model value · DCF · Perpetuity growth · 5y
293.14
Applied Materials closed at $390.09 — overvalued by 33% vs model.
256.55the model's range341.05
DCF · Perpetuity growth · 5y leads for a cyclical company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
35.58 – 725.38
Wall St. target
600.00 35% below
Above model, 1y
88 of 88 days
How it is valued
Valued asCyclical
Low/slowing growth (~3% recent)High profitability (25% net margin)Highly cyclical earnings
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.