Applied Materials (NASDAQ: AMAT) experienced a sharp decline of 13.2% in after-hours trading on Thursday, August 14, 2025, traded at $163.39 after a regular close of $188.24.
The drop follows the company’s Q3 financial report, where it surpassed revenue and earnings estimates but provided a weaker Q4 outlook. AMAT reported Q3 revenue of $7.3 billion and earnings per share of $2.48, exceeding expectations.
However, its Q4 earnings guidance of $1.91 to $2.31 per share falls below the anticipated $2.39, with a revenue forecast between $6.20 billion and $7.20 billion, also under the expected $7.33 billion.
Today’s trading ranged from $ to $, with a volume of 9.81 million shares.