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 2026-05-20.
Applied Materials, Inc. · Technology
$406.91
-12.0% upside to fair value
Grade B-
High Quality
VS
Oracle Corporation · Technology
$175.08
+45.0% upside to fair value
Grade C
High Quality
QuantHub Verdict
ORCL has more upside to fair value
(+45.0%).
AMAT trades at a lower forward P/E
(30.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
ORCL |
| Current Price |
$406.91 |
$175.08 |
| Fair Value Estimate |
$358.00 |
$253.87 |
| Upside to Fair Value |
-12.0%
|
+45.0%
|
| Market Cap |
$322.9B |
$503.5B |
| Forward P/E |
30.3x
|
30.8x
|
| EV / EBITDA |
30.2x
|
21.4x
|
| Price / Sales |
10.2x
|
7.9x
|
| Price / FCF |
51.6x
|
-20.4x
|
| Revenue Growth YoY |
+11.0%
|
+21.7%
|
| Gross Margin |
49.9%
|
66.4%
|
| Operating Margin |
31.9%
|
30.8%
|
| Return on Equity |
47.0%
|
57.4%
|
| Dividend Yield |
0.45% |
0% |
| FCF Yield |
1.94%
|
—
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
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 …
Oracle Corporation is a leading enterprise software and cloud infrastructure provider with a strong legacy in database technology and a growing cloud business. The company benefits from a durable competitive moat supported by high insider ownership, experienced leadership, and a history of strategic acquisitions. Oracle's recent financials show robust revenue growth of 21.7% and earnings growth o…
Accumulation Zones
| Metric |
AMAT |
ORCL |
| Zone Low |
$268.50 |
$190.40 |
| Zone High |
$304.30 |
$215.79 |
| In Buy Zone? |
No
|
Yes
|