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Where Will Applied Materials Stock Be in 1 Year?

Leo Sun, The Motley Fool
·4-min read
Where Will Applied Materials Stock Be in 1 Year?

Applied Materials (NASDAQ: AMAT) posted its latest earnings report on Nov. 17. For the fourth quarter of fiscal 2022, which ended on Oct. 30, the semiconductor equipment maker's revenue rose 10% year over year to $6.75 billion, beating analysts' estimates by $310 million. Applied Materials' earnings win allayed some concerns about the broader slowdown of the semiconductor market and the unpredictable regulatory headwinds, but its stock has still shed about a third of its value over the past 12 months.

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