S&P 500 comparison · Information Technology

Applied Materials vs Teradyne

Prices at close . Model readings .

Applied Materials

$416.00+5.07%
Month: positiveLong run: neutral

Teradyne

$313.24−3.23%
Month: positiveLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Applied Materials is the larger company by market value ($332.80B against $49.40B). Over the past year Applied Materials returned +80.8% and Teradyne +112.7%, while the S&P 500 returned +12.7%. The latest filed P/E is 55.3 for Applied Materials and 81.0 for Teradyne, and the operating margin 33.7% against 32.9%. Over the next 21 sessions the model expects +0.89% for Applied Materials, with a 78% chance of a rise, and +0.35% for Teradyne, with a 69% chance. Applied Materials' long-run fair value is $429.05, a gap of +3.1% to its price; the long-run model view is neutral. Teradyne's long-run fair value is $328.77, a gap of +5% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
AMAT+0.89%
TER+0.35%
Chance of a risenext 21 sessions
AMAT78%
TER69%
Expected returnnext 63 sessions
AMAT+3%
TER+2.38%
Range of outcomes63 sessions, 80% band
AMAT−36.3% to +42.3%
TER−43% to +47.7%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
AMAT$429.0528 Oct 2026
TER$328.7728 Oct 2026
Gap to pricefair value against the close
AMAT+3.1%
TER+5%
Past readings that matchedsign of the 21-session outcome
AMAT65.1%of 269
TER69.5%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
AMAT−18.8%
TER−22.3%
6 monthsS&P 500: +8.5%
AMAT+9%
TER+2.3%
Year to dateS&P 500: +13.3%
AMAT+62.5%
TER+62%
1 yearS&P 500: +12.7%
AMAT+80.8%
TER+112.7%
5 yearsS&P 500: +70.7%
AMAT+223.6%
TER+172.9%
1 year against the S&P 500percentage points
AMAT+68.1 pts
TER+100.0 pts
Position in the 52-week range0% low, 100% high
AMAT40%close $416.00 in $202.28 to $738.88
TER49%close $313.24 in $143.89 to $487.91
Against the 200-day average
AMAT−6.1%
TER−10.2%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (AMAT), (TER)
Market value
AMAT$332.80B28 Oct 2026
TER$49.40B28 Oct 2026
Enterprise valueat the last filing
AMAT$428.51B26 Jul 2026
TER$68.54B28 Jun 2026
P/Elatest filed
AMAT55.3
TER81.0
Price to book
AMAT16.74
TER19.83
EV / EBITDA
AMAT45.61
TER60.80
Free cash flow yield
AMAT1.31%
TER1.16%
Dividend yield
AMAT0.35%
TER0.14%
Questions

Applied Materials or Teradyne: common questions

Which is larger by market value, Applied Materials or Teradyne?

Applied Materials, at $332.80B against $49.40B for Teradyne, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Applied Materials or Teradyne?

Teradyne has the higher latest filed P/E, 81.0; Applied Materials' is 55.3. Filings: quarter to 26 Jul 2026 and 28 Jun 2026.

How did Applied Materials and Teradyne move over the past year against the S&P 500?

Over the past year Applied Materials returned +80.8% and Teradyne +112.7%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Applied Materials and Teradyne over the next month?

+0.89% for Applied Materials with a 78% chance of a rise, and +0.35% for Teradyne with a 69% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Applied Materials and Teradyne compare?

The operating margin is 33.7% for Applied Materials and 32.9% for Teradyne, and the gross margin 50.3% against 59.8%. Filings: quarter to 26 Jul 2026 and 28 Jun 2026.

Do Applied Materials and Teradyne shares move together?

Over the past year the correlation of their daily returns was 0.76 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesApplied Materials (AMAT) forecast and analysisTeradyne (TER) forecast and analysis
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Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.