Applied Materials raises Besi stake. Applied Materials stock sits 46.10 percent below its high

Published on 10/27/2026 at 11:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Besi stake target reached 20 percent from 9 percent on October 26, 2026. Applied Materials stock costs EUR 347.80 after EUR 348.40.

Stake and earnings calendar

Applied Materials targeted a 20 percent Besi stake on October 26, 2026.
Third-quarter revenue reached USD 9.12 billion, up 24.8 percent year over year.
Applied Materials stock trades at EUR 347.80 at 11:20 a.m. CET at Lang & Schwarz on October 27, 2026, 0.17 percent below the Xetra close of October 26, 2026.

Applied Materials, US0382221051, Illustration mit AI erstellt.

Applied Materials (ISIN US0382221051) trades at EUR 347.80 at Lang & Schwarz on October 27, 2026 at 11:20 a.m. CET, minus 0.17 percent versus the Xetra close of October 26, 2026 at EUR 348.40. The company agreed to raise its stake in BE Semiconductor Industries to a targeted 20 percent from 9 percent, according to RTTNews on October 27, 2026.

What does the Besi stake change?

The accelerated share purchase agreement deepens a partnership around hybrid bonding, three-dimensional chip integration and advanced packaging for artificial intelligence systems. Delivery remains conditional on the expiration or termination of the U.S. Hart-Scott-Rodino waiting period, and Applied Materials said it does not seek a Besi board seat.

The investment shifts Applied Materials from a 9 percent holding toward roughly one-fifth of Besi. The strategic logic is tied to interconnect technology, where denser links between chips can support higher computing performance and lower energy use.

What do the third-quarter results show?

Applied Materials generated USD 9.12 billion in revenue for the quarter ended July 26, 2026, up 24.8 percent from USD 7.30 billion a year earlier. Net profit reached USD 2.54 billion versus USD 1.78 billion in the comparable period, while adjusted earnings per share came in at USD 3.50 against a USD 3.40 consensus estimate, according to Markets Insider.

Two dates shape the calendar

Applied Materials is scheduled to report fourth-quarter and fiscal 2026 results on November 12, 2026, while the next dividend record date is November 19, 2026, according to MarketBeat. The same report lists a consensus rating of Moderate Buy from 39 analysts and an average one-year target of USD 632.70.

Stock stays below its yearly high

The euro quotation is 46.10 percent below its 52-week high of EUR 645.40, based on the same Xetra quote series. That distance leaves the announced Besi investment and the November earnings date as the clearest company-specific reference points for the next valuation debate.

Applied Materials stock was trading at EUR 347.80 at Lang & Schwarz on October 27, 2026 at 11:20 a.m. CET, minus 0.17 percent versus the Xetra close of October 26, 2026 at EUR 348.40. The further course of trading is shown by the continuously updated real-time quote of Applied Materials stock.