AMAT vs ORCL: Which Is the Better Buy?

Side-by-side comparison of Applied Materials, Inc. and Oracle Corporation — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-06.
Applied Materials, Inc. · Technology
$603.04
-45.0% upside to fair value
Grade C High Quality
VS
Oracle Corporation · Technology
$184.31
+14.0% upside to fair value
Grade C High Quality
QuantHub Verdict
ORCL has more upside to fair value (+14.0%). ORCL trades at a lower forward P/E (31.0x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMAT ORCL
Current Price $603.04 $184.31
Fair Value Estimate $331.67 $210.13
Upside to Fair Value -45.0% +14.0%
Market Cap $478.8B $530.1B
Forward P/E 56.4x 31.0x
EV / EBITDA 43.0x 20.4x
Price / Sales 16.5x 7.9x
Price / FCF 80.3x -22.4x
Revenue Growth YoY +11.4% +20.6%
Gross Margin 49.0% 65.8%
Operating Margin 29.5% 30.8%
Return on Equity 39.8% 50.4%
Dividend Yield 0% 0%
FCF Yield 1.25%
Analyst Consensus Strong Buy Strong Buy
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…
ORCL — Oracle Corporation
Oracle Corporation is a leading enterprise software and cloud infrastructure provider with a durable competitive moat driven by its extensive software portfolio, strong cloud growth, and stable leadership. The company reported $57.4 billion in revenue for fiscal 2025, growing 8% year-over-year, with cloud services and license support growing 12%. Oracle's cloud infrastructure (OCI) is a key growt…
Accumulation Zones
Metric AMAT ORCL
Zone Low $248.75 $157.60
Zone High $281.92 $178.61
In Buy Zone? No No
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