AMAT
StockApplied Materials, Inc.
One email when a drop — in price or in valuation — is historically rare for AMAT. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
Applied Materials, Inc. is 17.6% off its high — deeper than its 8.6% average pullback, but it has been through 217 drawdowns before. Not historically significant yet — we'll say so if that changes.
But down is not the same as cheap: Applied Materials, Inc.'s P/S Severity Score is 0.0 — its valuation sits in or above its typical range.
Moderately Elevated
Current Drawdown
-17.6%
Days in Drawdown
12
Avg Max Drawdown
8.6%
Avg Length
67
Drawdown Severity Score™
2.9
AMAT - Price & High Water Mark
AMAT - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of July 12, 2026 · updated daily
Where today's valuation sits within AMAT's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Applied Materials, Inc. has been cheaper on this measure only about 100% of the time in 20 years of daily history.
Price to Sales history
EV to EBITDA
Applied Materials, Inc. has been cheaper on this measure only about 94% of the time in 20 years of daily history.
EV to EBITDA history · log scale
Applied Materials, Inc. (AMAT) Analysis: Current Drawdown Insights
Applied Materials, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $595.70, which represents a 17.6% decline from its all-time high of $723.00. This drawdown has persisted for 12 days.
Based on its full tracked price history, Applied Materials, Inc. typically experiences drawdowns averaging 8.6% in depth, with an average duration of 67 days. Applied Materials, Inc. has gone through 217 total drawdown events in its tracked history. The largest drawdown on record for Applied Materials, Inc. was 85.2%, beginning in 2000. The longest drawdown duration on record was 6261 days.
The Drawdown Severity Score™ for Applied Materials, Inc. currently stands at 2.93. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Applied Materials, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 217 tracked pullbacks (67 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-07-02 | Ongoing | 12 days | -17.6% | $723.00 | $595.70 | n/a |
| 2026-06-26 | 2026-06-29 | 4 days | -6.2% | $668.00 | $626.84 | $694.64 |
| 2026-06-23 | 2026-06-25 | 3 days | -8.5% | $640.18 | $585.88 | $668.00 |
| 2026-06-16 | 2026-06-17 | 2 days | -3.0% | $585.78 | $568.23 | $592.92 |
| 2026-06-05 | 2026-06-11 | 7 days | -9.7% | $501.70 | $453.01 | $552.64 |
| 2026-05-27 | 2026-06-01 | 6 days | -1.5% | $454.89 | $448.25 | $458.17 |
| 2026-05-12 | 2026-05-26 | 15 days | -8.3% | $443.62 | $406.91 | $454.89 |
| 2026-05-07 | 2026-05-08 | 2 days | -4.2% | $428.62 | $410.64 | $435.44 |
| 2026-04-27 | 2026-05-06 | 10 days | -8.6% | $417.04 | $381.11 | $428.62 |
| 2026-04-13 | 2026-04-22 | 10 days | -2.4% | $399.49 | $389.90 | $403.48 |
| 2026-02-26 | 2026-04-09 | 42 days | -18.2% | $394.95 | $323.12 | $397.81 |
| 2026-02-23 | 2026-02-24 | 2 days | -0.5% | $375.38 | $373.55 | $377.93 |
| 2026-01-30 | 2026-02-13 | 14 days | -12.8% | $341.34 | $297.60 | $354.91 |
| 2026-01-20 | 2026-01-27 | 7 days | -2.7% | $327.01 | $318.23 | $332.71 |
| 2026-01-13 | 2026-01-15 | 3 days | -1.7% | $307.24 | $301.89 | $319.08 |
| 2026-01-07 | 2026-01-09 | 2 days | -4.9% | $296.01 | $281.64 | $301.18 |
| 2025-12-11 | 2026-01-05 | 26 days | -9.8% | $275.15 | $248.27 | $284.32 |
| 2025-12-05 | 2025-12-10 | 6 days | -0.9% | $269.44 | $267.14 | $275.15 |
| 2024-07-11 | 2025-11-28 | 506 days | -49.9% | $251.86 | $126.23 | $252.25 |
| 2024-06-20 | 2024-07-09 | 20 days | -7.3% | $244.81 | $227.04 | $248.40 |
| 2024-06-13 | 2024-06-17 | 5 days | -0.3% | $234.75 | $234.14 | $239.90 |
| 2024-06-06 | 2024-06-10 | 5 days | -0.7% | $220.65 | $219.03 | $225.38 |
| 2024-05-29 | 2024-06-05 | 8 days | -4.1% | $218.62 | $209.63 | $220.65 |
| 2024-05-21 | 2024-05-24 | 4 days | -0.7% | $216.87 | $215.29 | $218.20 |
| 2024-05-16 | 2024-05-20 | 5 days | -2.5% | $214.45 | $209.11 | $216.87 |
| 2024-04-12 | 2024-05-15 | 34 days | -11.0% | $210.00 | $186.81 | $214.45 |
| 2024-03-08 | 2024-04-11 | 34 days | -6.6% | $209.64 | $195.87 | $210.00 |
| 2024-03-04 | 2024-03-06 | 3 days | -1.4% | $207.31 | $204.49 | $209.20 |
| 2024-02-27 | 2024-03-01 | 4 days | -3.0% | $200.70 | $194.78 | $207.31 |
| 2024-02-23 | 2024-02-26 | 4 days | -1.3% | $196.94 | $194.40 | $200.70 |
| 2024-02-20 | 2024-02-22 | 3 days | -5.2% | $196.45 | $186.18 | $196.94 |
| 2024-02-12 | 2024-02-14 | 3 days | -3.0% | $182.93 | $177.49 | $183.27 |
| 2024-01-25 | 2024-02-09 | 16 days | -5.7% | $171.41 | $161.73 | $182.93 |
| 2024-01-23 | 2024-01-24 | 2 days | -0.7% | $165.67 | $164.43 | $171.41 |
| 2023-12-27 | 2024-01-19 | 24 days | -9.3% | $161.71 | $146.67 | $165.31 |
| 2022-01-18 | 2023-12-26 | 708 days | -55.1% | $161.38 | $72.40 | $161.71 |
| 2021-12-28 | 2022-01-14 | 18 days | -8.1% | $157.24 | $144.56 | $161.38 |
| 2021-11-19 | 2021-12-27 | 39 days | -9.6% | $153.15 | $138.47 | $157.24 |
| 2021-11-17 | 2021-11-18 | 2 days | -1.2% | $152.30 | $150.49 | $153.15 |
| 2021-11-15 | 2021-11-16 | 2 days | -0.4% | $151.30 | $150.77 | $152.30 |
| 2021-11-10 | 2021-11-12 | 3 days | -3.8% | $150.79 | $145.10 | $151.30 |
| 2021-11-08 | 2021-11-09 | 2 days | -0.2% | $147.89 | $147.57 | $150.79 |
| 2021-09-17 | 2021-11-04 | 49 days | -13.1% | $139.02 | $120.79 | $144.84 |
| 2021-04-06 | 2021-09-16 | 164 days | -19.7% | $137.52 | $110.44 | $139.02 |
| 2021-03-29 | 2021-03-31 | 3 days | -2.3% | $123.67 | $120.85 | $128.44 |
| 2021-02-25 | 2021-03-26 | 29 days | -13.9% | $118.06 | $101.59 | $123.67 |
| 2021-02-22 | 2021-02-24 | 3 days | -3.5% | $114.62 | $110.57 | $118.06 |
| 2021-02-17 | 2021-02-19 | 3 days | -4.2% | $113.56 | $108.84 | $114.62 |
| 2021-01-20 | 2021-02-11 | 23 days | -11.5% | $104.80 | $92.77 | $108.43 |
| 2021-01-15 | 2021-01-19 | 5 days | -2.5% | $101.52 | $98.97 | $104.80 |
| 2021-01-13 | 2021-01-14 | 2 days | -2.0% | $95.96 | $94.08 | $101.52 |
| 2020-02-20 | 2020-08-14 | 176 days | -43.6% | $64.02 | $36.08 | $64.48 |
| 2018-03-12 | 2019-11-15 | 614 days | -52.3% | $56.47 | $26.95 | $58.55 |
| 2017-11-22 | 2018-02-26 | 97 days | -22.1% | $53.71 | $41.86 | $53.91 |
| 2000-04-10 | 2017-05-31 | 6261 days | -85.2% | $41.69 | $6.16 | $41.81 |
| 1999-02-22 | 1999-06-16 | 114 days | -24.5% | $12.46 | $9.41 | $12.74 |
| 1997-08-21 | 1999-01-07 | 505 days | -58.6% | $9.80 | $4.06 | $9.91 |
| 1995-08-17 | 1997-05-05 | 628 days | -61.9% | $5.36 | $2.04 | $5.60 |
| 1994-11-30 | 1995-03-17 | 108 days | -26.7% | $2.38 | $1.75 | $2.48 |
| 1994-03-18 | 1994-08-16 | 151 days | -27.3% | $2.35 | $1.71 | $2.37 |
| 1993-09-29 | 1994-01-10 | 104 days | -27.1% | $1.78 | $1.30 | $1.81 |
| 1993-03-16 | 1993-05-04 | 49 days | -19.1% | $1.03 | $0.83 | $1.04 |
| 1992-03-19 | 1992-08-12 | 146 days | -27.0% | $0.54 | $0.39 | $0.57 |
| 1990-07-13 | 1992-02-12 | 580 days | -58.8% | $0.46 | $0.19 | $0.52 |
| 1988-06-24 | 1990-05-21 | 697 days | -52.8% | $0.41 | $0.19 | $0.41 |
| 1987-10-06 | 1988-06-14 | 253 days | -65.4% | $0.38 | $0.13 | $0.38 |
| 1987-05-06 | 1987-07-17 | 73 days | -24.0% | $0.28 | $0.22 | $0.28 |
| 1986-05-07 | 1987-02-04 | 274 days | -51.1% | $0.19 | $0.09 | $0.19 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Applied Materials, Inc. (AMAT) is trading at $595.70 as of Jul 14, 2026. It is 17.6% below its high of $723.00. The drawdown has lasted 12 days. Severity score: 2.9 (Moderately Elevated).
AMAT Price History and Drawdown Data
Latest price
$595.70
High-water mark
$723.00
Current drawdown
-17.6%
Days in drawdown
12
This AMAT page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Applied Materials, Inc. drawdowns.
What History Says About AMAT
Applied Materials, Inc. has dropped 18%+ from its high 21 times in its tracked history. These events lasted an average of 583 days with an average max drop of -41.4%.
The current drawdown of -17.6% has lasted 12 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Apr 2000 to May 2017 | -85.2% | 6261 days |
| Oct 1987 to Jun 1988 | -65.4% | 253 days |
| Aug 1995 to May 1997 | -61.9% | 628 days |
| Jul 1990 to Feb 1992 | -58.8% | 580 days |
| Aug 1997 to Jan 1999 | -58.6% | 505 days |
| Jan 2022 to Dec 2023 | -55.1% | 708 days |
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