AMAT vs ISRG: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and Intuitive Surgical, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Applied Materials, Inc. · Technology
$394.33
-58.9% upside to fair value
Grade C
High Quality
VS
Intuitive Surgical, Inc. · Healthcare
$451.29
+130.4% upside to fair value
Grade B
High Quality
QuantHub Verdict
ISRG has more upside to fair value
(+130.4%).
AMAT trades at a lower forward P/E
(39.9x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
ISRG |
| Current Price |
$394.33 |
$451.29 |
| Fair Value Estimate |
$162.08 |
$1,039.74 |
| Upside to Fair Value |
-58.9%
|
+130.4%
|
| Market Cap |
$312.9B |
$160.3B |
| Forward P/E |
39.9x
|
53.8x
|
| EV / EBITDA |
31.6x
|
40.5x
|
| Price / Sales |
11.1x
|
15.2x
|
| Price / FCF |
50.5x
|
64.3x
|
| Revenue Growth YoY |
-2.1%
|
+23.0%
|
| Gross Margin |
48.7%
|
66.3%
|
| Operating Margin |
29.1%
|
30.5%
|
| Return on Equity |
38.9%
|
17.0%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.98%
|
1.55%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Applied Materials, Inc. is a leading global provider of semiconductor and display equipment, specializing in materials engineering solutions critical to chip manufacturing. The company benefits from a durable competitive moat supported by its market leadership, innovation engine with over 8,500 patents since 2013, and a strong management team led by CEO Gary E. Dickerson. Despite these strengths,…
Intuitive Surgical, Inc. is a leading healthcare company specializing in robotic-assisted surgery through its flagship da Vinci system, which has established a durable competitive moat with approximately 10,000 systems installed globally and nearly 17 million procedures performed by the end of 2024. The company benefits from a high-quality business model characterized by 85% recurring revenue, st…
Accumulation Zones
| Metric |
AMAT |
ISRG |
| Zone Low |
$121.56 |
$779.81 |
| Zone High |
$137.77 |
$883.78 |
| In Buy Zone? |
No
|
Yes
|