ATLAS News · Technology

Applied Materials Rises Before Q4 Earnings; Lam Research Buyback Draws Attention

Published November 9, 2026 · 6 sources

Applied Materials moved higher ahead of its Q4 report, while Lam Research drew attention for a $25B buyback plan, according to several outlets.

What happened

Applied Materials (AMAT) was rising in premarket trading ahead of its fourth-quarter earnings report, according to TipRanks and StreetInsider. The chipmaker is one of the semiconductor equipment names in focus alongside Lam Research (LRCX) and KLA (KLAC).

TipRanks reports that Applied Materials is heading into the Q4 results amid supply worries, and it outlines what analysts expect. Barchart.com published a separate piece asking whether Wall Street is bullish or bearish on the stock.

The Globe and Mail reports that Lam Research gained 8% on a $25B buyback plan. MarketBeat also noted that StoneRidge PMG Advisors LLC bought 7,386 shares of Lam Research in the third quarter, based on a Form 13F filing.

Context

Applied Materials, Lam Research and KLA make equipment used to manufacture semiconductors, so investors often watch their results and capital return plans together.

Why it matters

Earnings from a major chip equipment maker and a large buyback at a peer may shape how the market views the sector.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

Applied MaterialsAMAT

+4.22%

Technology · NASDAQ

Live price

$332.72

live price · USD

Latest close before this story: $332.72+4.22% vs. previous close ($319.25) · November 6
Fair value (ATLAS): $179.92Fair range: $106.68 to $303.44The price ($332.72) is 84.9% above that figure.
Chance of a rise in 1 month: 46%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $288.10 and $371.50; 9 in 10, between $229.97 and $465.42.

See the full ATLAS analysis of Applied Materials →

Lam ResearchLRCX

+8.23%

Technology · NASDAQ

Live price

$200.44

live price · USD

Latest close before this story: $200.44+8.23% vs. previous close ($185.20) · November 6
Fair value (ATLAS): $138.29Fair range: $55.94 to $186.99The price ($200.44) is 44.9% above that figure.
Chance of a rise in 1 month: 45%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $168.02 and $227.02; 9 in 10, between $128.68 and $296.42.

See the full ATLAS analysis of Lam Research →

KLAKLAC

+6.69%

Technology · NASDAQ

Live price

$138.49

live price · USD

Latest close before this story: $138.49+6.69% vs. previous close ($129.80) · November 6
Fair value (ATLAS): $63.58Fair range: $37.30 to $108.37The price ($138.49) is 117.8% above that figure.
Chance of a rise in 1 month: 46%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $119.78 and $154.72; 9 in 10, between $95.47 and $194.11.

See the full ATLAS analysis of KLA →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

StoneRidge PMG Advisors LLC Acquires 7,386 Shares of Lam Research Corporation $LRCX · MarketBeat · November 9, 2026
Applied Materials Stock (AMAT) Is Rising in Premarket Today Ahead of Q4 Earnings. Who Owns the Chipmaker? · TipRanks · November 9, 2026
Applied Materials Stock Outlook: Is Wall Street Bullish or Bearish? · Barchart.com · November 9, 2026
LRCX Gains 8% on a $25B Buyback Plan: Is the Stock Worth Holding Now? · The Globe and Mail · November 9, 2026
Applied Materials (AMAT) Heads into Q4 Earnings Amid Supply Worries — Here’s What Analysts Expect · TipRanks · November 9, 2026
Applied Materials stock climbs ahead of earnings report · StreetInsider · November 9, 2026

Latest market news · Markets today on ATLAS · Applied Materials · Lam Research · KLA

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Applied Materials Rises Before Q4 Earnings; Lam Research Buyback Draws Attention

What happened

Context

Why it matters

Stocks in this story

Applied MaterialsAMAT

Lam ResearchLRCX

KLAKLAC

Sources

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