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Applied Materials Q3 F12/2025 Earnings Review

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Applied Materials Q3 F12/2025 Earnings Review
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By JamsODonnell on Aug. 18th 2025

Summary:

  • Applied reported a strong Q3 with $7.3B in revenue (+8% YoY), but guided for a weak Q4 with revenue expected to drop sequentially to $6.7B.
  • Guidance reflects two major near-term headwinds: a slowdown in China business, and a push-out of leading-edge logic orders.
  • The technical setup could be bullish.
  • Rating: Accumulate $140-$165 for a long-term position, watch out if the price goes much lower than $140.