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 2026-07-14.
Applied Materials, Inc. · Technology
$603.04
-45.0% upside to fair value
Grade C High Quality
VS
The Goldman Sachs Group, Inc. · Financial Services
$1,045.91
-45.0% upside to fair value
Grade D
QuantHub Verdict
GS trades at a lower forward P/E (23.6x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMAT GS
Current Price $603.04 $1,045.91
Fair Value Estimate $331.67 $575.25
Upside to Fair Value -45.0% -45.0%
Market Cap $478.8B $308.6B
Forward P/E 56.4x 23.6x
EV / EBITDA 43.0x 15.9x
Price / Sales 16.5x 3.1x
Price / FCF 80.3x -7.4x
Revenue Growth YoY +11.4% -35.0%
Gross Margin 49.0% 47.4%
Operating Margin 29.5% 17.8%
Return on Equity 39.8% 15.3%
Dividend Yield 0% 0%
FCF Yield 1.25%
Analyst Consensus Strong Buy Hold
Investment Thesis
AMAT — Applied Materials, Inc.
Applied Materials, Inc. is a leading semiconductor equipment company with a strong competitive moat in multiple wafer fab equipment segments, driven by its scale, infrastructure, and technology leadership in AI-critical process steps. The company benefits from a seasoned management team led by CEO Gary Dickerson, who has over 12 years at the helm and a track record of strong revenue and profitabi…
GS — The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc. operates as a leading global financial services firm specializing in investment banking, securities, investment management, and consumer banking. Despite its strong brand and competitive position in financial capital markets, the company currently faces significant headwinds as evidenced by a 35% decline in revenue and a 100% drop in earnings in the most recent quart…
Accumulation Zones
Metric AMAT GS
Zone Low $248.75 $431.44
Zone High $281.92 $488.96
In Buy Zone? No No
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