YahooSeptember 3, 2026 at 5:14 PM NY18 hours ago

Why Did Applied Materials Stock Nearly Triple On Single-Digit Trailing Revenue Growth?

Applied Materials (AMAT) stock has returned about 180% over the past year, against roughly a fifth for the S&P 500. Nothing in the trailing revenue looks like that. Revenue over the trailing twelve months grew 7.8%. What re-rated the shares was a forecast management raised twice between February and August, and the reason that forecast kept rising is the part worth knowing.

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AMATApplied Materials Inc454.76+ 4.32%

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