AMAT vs GS: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and The Goldman Sachs Group, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-20.
Applied Materials, Inc. · Technology
$406.91
-12.0% upside to fair value
Grade B-
High Quality
VS
The Goldman Sachs Group, Inc. · Financial Services
$926.55
-45.0% upside to fair value
Grade D
QuantHub Verdict
AMAT has more upside to fair value
(-12.0%).
GS trades at a lower forward P/E
(15.6x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
GS |
| Current Price |
$406.91 |
$926.55 |
| Fair Value Estimate |
$358.00 |
$509.60 |
| Upside to Fair Value |
-12.0%
|
-45.0%
|
| Market Cap |
$322.9B |
$275.0B |
| Forward P/E |
30.3x
|
15.6x
|
| EV / EBITDA |
30.2x
|
30.6x
|
| Price / Sales |
10.2x
|
2.5x
|
| Price / FCF |
51.6x
|
-5.8x
|
| Revenue Growth YoY |
+11.0%
|
-45.4%
|
| Gross Margin |
49.9%
|
55.5%
|
| Operating Margin |
31.9%
|
20.5%
|
| Return on Equity |
47.0%
|
14.6%
|
| Dividend Yield |
0.45% |
0% |
| FCF Yield |
1.94%
|
—
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Applied Materials is the world's leading semiconductor and display equipment company, and the May 14 Q2 fiscal 2026 print materially strengthened the operating story. Revenue grew 11 percent year over year to a record $7.91 billion, non-GAAP earnings per share of $2.86 beat consensus of $2.68, and management guided Q3 to a record $8.95 billion in revenue with non-GAAP earnings per share of $3.36 …
The Goldman Sachs Group, Inc. operates as a leading global financial services firm specializing in investment banking, securities, investment management, and consumer banking. The company benefits from a high-quality business model characterized by strong brand recognition, deep client relationships, and a history of stable leadership. However, the stock is currently significantly overvalued, tra…
Accumulation Zones
| Metric |
AMAT |
GS |
| Zone Low |
$268.50 |
$382.20 |
| Zone High |
$304.30 |
$433.16 |
| In Buy Zone? |
No
|
No
|